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Nigerian (NSE) Telecom Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
  • 7D1.0%
  • 3M23.7%
  • 1Y46.3%
  • YTD-15.3%

All of the companies in the Telecom industry have been up over the last week, with the industry up 1.0%. In the last 12 months, the industry was up 46%.

Sector Valuation and Performance

Has the Nigerian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Nov 2024₦10.6b₦11.3b-₦2,809,025,000.009.4x-3.8x0.9x
Sun, 20 Oct 2024₦10.0b₦10.3b-₦3,058,638,000.00n/a-3.3x1x
Tue, 17 Sep 2024₦10.5b₦10.3b-₦3,058,638,000.00n/a-3.4x1x
Thu, 15 Aug 2024₦8.6b₦10.3b-₦3,058,638,000.00n/a-2.8x0.8x
Sat, 13 Jul 2024₦9.1b₦10.8b-₦2,344,982,000.00242.6x-3.9x0.8x
Mon, 10 Jun 2024₦8.6b₦10.8b-₦2,046,038,000.005.9x-4.2x0.8x
Wed, 08 May 2024₦8.8b₦11.3b-₦381,009,000.005.7x-23.1x0.8x
Fri, 05 Apr 2024₦8.6b₦11.2b-₦302,669,000.006.4x-28.6x0.8x
Sun, 03 Mar 2024₦10.8b₦11.2b-₦302,669,000.006.4x-35.6x1x
Tue, 30 Jan 2024₦6.2t₦2.3t₦238.9b10.7x25.8x2.6x
Thu, 28 Dec 2023₦5.3t₦2.3t₦238.9b5.5x22.1x2.3x
Sat, 25 Nov 2023₦5.0t₦2.3t₦238.9b5.7x20.9x2.1x
Mon, 23 Oct 2023₦5.2t₦2.2t₦308.2b4.8x17x2.3x
Wed, 20 Sep 2023₦5.7t₦2.2t₦308.2b4.5x18.4x2.5x
Fri, 18 Aug 2023₦5.6t₦2.2t₦308.4b4.9x18.1x2.5x
Sun, 16 Jul 2023₦5.4t₦2.1t₦365.1b6.8x14.8x2.5x
Tue, 13 Jun 2023₦5.1t₦2.1t₦364.0b7x14x2.4x
Thu, 11 May 2023₦4.7t₦2.1t₦364.0b5.7x12.8x2.2x
Sat, 08 Apr 2023₦4.9t₦2.0t₦360.5b4.5x13.5x2.4x
Mon, 06 Mar 2023₦5.0t₦2.0t₦360.5b5x13.8x2.5x
Wed, 01 Feb 2023₦4.6t₦1.9t₦347.7b4.8x13.2x2.4x
Fri, 30 Dec 2022₦4.4t₦1.9t₦348.2b3.1x12.5x2.3x
Sun, 27 Nov 2022₦4.3t₦1.9t₦348.2b3x12.3x2.2x
Tue, 25 Oct 2022₦4.0t₦1.8t₦337.8b5.1x11.7x2.2x
Thu, 22 Sep 2022₦4.1t₦1.8t₦337.8b5.1x12x2.2x
Sat, 20 Aug 2022₦4.0t₦1.8t₦338.2b6.2x11.8x2.2x
Mon, 18 Jul 2022₦4.7t₦1.8t₦321.5b4.8x14.6x2.7x
Wed, 15 Jun 2022₦4.9t₦1.8t₦321.5b4x15.2x2.8x
Fri, 13 May 2022₦4.9t₦1.8t₦321.5b4.2x15.2x2.8x
Sun, 10 Apr 2022₦4.2t₦1.7t₦298.2b4.2x14.1x2.5x
Tue, 08 Mar 2022₦4.1t₦1.7t₦299.7b4.5x13.8x2.5x
Thu, 03 Feb 2022₦4.1t₦1.7t₦297.8b3.4x13.9x2.5x
Sat, 01 Jan 2022₦3.7t₦1.6t₦280.1b8.7x13.2x2.3x
Mon, 29 Nov 2021₦3.9t₦1.6t₦280.1b8.5x13.8x2.4x
Price to Earnings Ratio

13.8x


Total Market Cap: ₦3.9tTotal Earnings: ₦280.1bTotal Revenue: ₦1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Telecom Sector Price to Earnings3Y Average 9.1x202220232024
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 0.94x.
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 Market0.94%
Telecom1.02%
Media1.03%
Entertainment0%
Interactive Media and Services0%
Telecom Services and Carriers0%
Wireless Telecom0%
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?

    CompanyLast Price7D1YValuation
    MTNN MTN Nigeria Communications₦172.001.2%
    +₦41.9b
    -27.7%PS1.2x
    DAARCOMM Daar Communications₦0.689.7%
    +₦480.0m
    88.9%PS1.3x
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    Latest News

    UPL

    ₦3.50

    University Press

    7D

    -10.3%

    1Y

    34.6%

    DAARCOMM

    ₦0.68

    Daar Communications

    7D

    9.7%

    1Y

    88.9%

    MTNN

    ₦172.00

    MTN Nigeria Communications

    7D

    1.2%

    1Y

    -27.7%