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Nigerian (NSE) Telecom Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies5
- 7D-8.8%
- 3M28.4%
- 1Y8.6%
- YTD10.4%
Over the last 7 days, the Telecom industry has dropped 10%, driven by MTN Nigeria Communications declining 3.7%. On the other hand University Press is actually up 15%. In the past year, the industry has gained 3.1%.
Sector Valuation and Performance
Has the Nigerian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₦13.4b | ₦11.3b | -₦2,805,178,000.00 | 12.1x | -4.8x | 1.2x |
| Thu, 19 Dec 2024 | ₦10.3b | ₦11.3b | -₦2,805,178,000.00 | 9x | -3.7x | 0.9x |
| Sat, 16 Nov 2024 | ₦10.4b | ₦11.3b | -₦2,809,025,000.00 | 9.7x | -3.7x | 0.9x |
| Mon, 14 Oct 2024 | ₦9.6b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.1x | 0.9x |
| Wed, 11 Sep 2024 | ₦12.1b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.9x | 1.2x |
| Fri, 09 Aug 2024 | ₦8.7b | ₦10.3b | -₦3,058,638,000.00 | n/a | -2.9x | 0.8x |
| Sun, 07 Jul 2024 | ₦8.4b | ₦10.8b | -₦2,344,982,000.00 | 220.5x | -3.6x | 0.8x |
| Tue, 04 Jun 2024 | ₦8.7b | ₦10.7b | -₦1,619,123,000.00 | 6.6x | -5.4x | 0.8x |
| Thu, 02 May 2024 | ₦9.1b | ₦11.2b | -₦302,669,000.00 | 5.8x | -30.1x | 0.8x |
| Sat, 30 Mar 2024 | ₦9.0b | ₦11.2b | -₦302,669,000.00 | 6x | -29.8x | 0.8x |
| Mon, 26 Feb 2024 | ₦5.2t | ₦2.3t | ₦239.0b | 7.5x | 21.8x | 2.2x |
| Wed, 24 Jan 2024 | ₦6.1t | ₦2.3t | ₦238.9b | 8x | 25.5x | 2.6x |
| Fri, 22 Dec 2023 | ₦5.5t | ₦2.3t | ₦238.9b | 5.5x | 22.8x | 2.3x |
| Sun, 19 Nov 2023 | ₦5.0t | ₦2.3t | ₦238.9b | 5.3x | 21x | 2.1x |
| Tue, 17 Oct 2023 | ₦5.2t | ₦2.2t | ₦308.2b | 4.8x | 17x | 2.4x |
| Thu, 14 Sep 2023 | ₦5.7t | ₦2.2t | ₦308.2b | 4.7x | 18.4x | 2.5x |
| Sat, 12 Aug 2023 | ₦5.6t | ₦2.2t | ₦308.4b | 5.1x | 18.3x | 2.5x |
| Mon, 10 Jul 2023 | ₦5.6t | ₦2.1t | ₦365.2b | 7.9x | 15.3x | 2.6x |
| Wed, 07 Jun 2023 | ₦5.1t | ₦2.1t | ₦364.0b | 7.5x | 14x | 2.4x |
| Fri, 05 May 2023 | ₦4.6t | ₦2.1t | ₦364.0b | 5.2x | 12.8x | 2.2x |
| Sun, 02 Apr 2023 | ₦4.9t | ₦2.0t | ₦360.5b | 5x | 13.5x | 2.4x |
| Tue, 28 Feb 2023 | ₦5.0t | ₦2.0t | ₦360.5b | 5x | 13.8x | 2.5x |
| Thu, 26 Jan 2023 | ₦4.7t | ₦1.9t | ₦347.8b | 3.1x | 13.5x | 2.4x |
| Sat, 24 Dec 2022 | ₦4.4t | ₦1.9t | ₦348.2b | 3.1x | 12.5x | 2.3x |
| Mon, 21 Nov 2022 | ₦4.0t | ₦1.9t | ₦348.2b | 3x | 11.5x | 2.1x |
| Wed, 19 Oct 2022 | ₦4.0t | ₦1.8t | ₦337.8b | 5.1x | 12x | 2.2x |
| Fri, 16 Sep 2022 | ₦4.1t | ₦1.8t | ₦338.2b | 5.7x | 12x | 2.2x |
| Sun, 14 Aug 2022 | ₦4.1t | ₦1.8t | ₦338.2b | 6.1x | 12x | 2.2x |
| Tue, 12 Jul 2022 | ₦4.7t | ₦1.8t | ₦321.5b | 4.8x | 14.6x | 2.7x |
| Thu, 09 Jun 2022 | ₦4.9t | ₦1.8t | ₦321.5b | 4x | 15.2x | 2.8x |
| Sat, 07 May 2022 | ₦4.6t | ₦1.8t | ₦321.5b | 4x | 14.4x | 2.6x |
| Mon, 04 Apr 2022 | ₦4.4t | ₦1.7t | ₦299.7b | 4.4x | 14.5x | 2.6x |
| Wed, 02 Mar 2022 | ₦4.1t | ₦1.7t | ₦297.8b | 5.7x | 13.8x | 2.5x |
| Fri, 28 Jan 2022 | ₦3.9t | ₦1.6t | ₦280.1b | 8.5x | 13.8x | 2.4x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are pessimistic on the Nigerian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 81% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Nigerian Telecom sector?
| NG Market | -4.11% | |
| Telecom | -8.82% | |
| Entertainment | 0% | 0 |
| Interactive Media and Services | 0% | 0 |
| Telecom Services and Carriers | 0% | 0 |
| Wireless Telecom | 0% | 0 |
| Media | -8.86% | |
Industry PE
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MTNN MTN Nigeria Communications | ₦256.30 | 10.0% +₦488.5b | -12.8% | PS1.8x | |
| UPL University Press | ₦5.05 | 5.0% +₦103.5m | 50.3% | PE12.1x |