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Nigerian (NSE) Telecom Sector Analysis
UpdatedAug 26, 2025
DataAggregated Company Financials
Companies6
- 7D-0.9%
- 3M11.6%
- 1Y101.0%
- YTD24.5%
Last week, the Telecom industry hasn't moved much but Legend Internet is up 9.1% in that time. As for the the longer term, the industry is up 101% over the past 12 months.
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, 26 Aug 2025 | ₦30.6b | ₦14.3b | -₦766,935,000.00 | 12.1x | -39.8x | 2.1x |
| Thu, 24 Jul 2025 | ₦25.9b | ₦14.1b | -₦1,005,077,000.00 | 8.7x | -25.8x | 1.8x |
| Sat, 21 Jun 2025 | ₦28.4b | ₦14.1b | -₦1,035,376,000.00 | 6.9x | -27.4x | 2x |
| Mon, 19 May 2025 | ₦29.0b | ₦14.1b | -₦1,035,376,000.00 | 6.2x | -28x | 2.1x |
| Wed, 16 Apr 2025 | ₦10.5b | ₦14.2b | -₦1,980,966,000.00 | 11.8x | -5.3x | 0.7x |
| Fri, 14 Mar 2025 | ₦11.1b | ₦13.9b | -₦2,510,056,000.00 | 13.6x | -4.4x | 0.8x |
| Sun, 09 Feb 2025 | ₦13.5b | ₦13.9b | -₦2,510,056,000.00 | 16.6x | -5.4x | 1x |
| Tue, 07 Jan 2025 | ₦12.7b | ₦11.3b | -₦2,805,178,000.00 | 9.6x | -4.5x | 1.1x |
| Thu, 05 Dec 2024 | ₦9.8b | ₦11.3b | -₦2,805,178,000.00 | 8.6x | -3.5x | 0.9x |
| Sat, 02 Nov 2024 | ₦10.9b | ₦11.2b | -₦2,521,645,000.00 | 8.1x | -4.3x | 1x |
| Mon, 30 Sep 2024 | ₦11.0b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.6x | 1.1x |
| Wed, 28 Aug 2024 | ₦9.5b | ₦10.3b | -₦3,058,638,000.00 | n/a | -3.1x | 0.9x |
| Fri, 26 Jul 2024 | ₦9.3b | ₦10.8b | -₦2,344,982,000.00 | 272.2x | -4x | 0.9x |
| Sun, 23 Jun 2024 | ₦8.4b | ₦10.8b | -₦2,046,038,000.00 | 5.9x | -4.1x | 0.8x |
| Tue, 21 May 2024 | ₦8.7b | ₦10.7b | -₦1,619,123,000.00 | 6.3x | -5.4x | 0.8x |
| Thu, 18 Apr 2024 | ₦9.3b | ₦11.2b | -₦302,669,000.00 | 6.1x | -30.6x | 0.8x |
| Sat, 16 Mar 2024 | ₦10.0b | ₦11.2b | -₦302,669,000.00 | 6.1x | -32.9x | 0.9x |
| Mon, 12 Feb 2024 | ₦5.8t | ₦2.3t | ₦239.0b | 8.4x | 24.2x | 2.5x |
| Wed, 10 Jan 2024 | ₦6.0t | ₦2.3t | ₦238.9b | 6.6x | 25.1x | 2.6x |
| Fri, 08 Dec 2023 | ₦5.0t | ₦2.3t | ₦238.9b | 6.2x | 21x | 2.1x |
| Sun, 05 Nov 2023 | ₦4.9t | ₦2.3t | ₦239.2b | 6.4x | 20.5x | 2.1x |
| Tue, 03 Oct 2023 | ₦5.5t | ₦2.2t | ₦308.2b | 4.4x | 18x | 2.5x |
| Thu, 31 Aug 2023 | ₦5.8t | ₦2.2t | ₦308.2b | 4.8x | 18.7x | 2.6x |
| Sat, 29 Jul 2023 | ₦5.5t | ₦2.1t | ₦365.1b | 8.4x | 15.2x | 2.6x |
| Mon, 26 Jun 2023 | ₦5.4t | ₦2.1t | ₦365.1b | 7.4x | 14.8x | 2.5x |
| Wed, 24 May 2023 | ₦4.7t | ₦2.1t | ₦364.0b | 6.5x | 12.9x | 2.2x |
| Fri, 21 Apr 2023 | ₦4.6t | ₦2.0t | ₦360.5b | 4.5x | 12.6x | 2.3x |
| Sun, 19 Mar 2023 | ₦4.8t | ₦2.0t | ₦360.5b | 5x | 13.3x | 2.4x |
| Tue, 14 Feb 2023 | ₦4.9t | ₦2.0t | ₦360.5b | 4.8x | 13.7x | 2.4x |
| Thu, 12 Jan 2023 | ₦4.4t | ₦1.9t | ₦347.8b | 2.9x | 12.6x | 2.3x |
| Sat, 10 Dec 2022 | ₦4.4t | ₦1.9t | ₦348.2b | 3x | 12.6x | 2.3x |
| Mon, 07 Nov 2022 | ₦4.0t | ₦1.9t | ₦347.8b | 4.6x | 11.5x | 2.1x |
| Wed, 05 Oct 2022 | ₦4.1t | ₦1.8t | ₦337.8b | 5.1x | 12x | 2.2x |
| Fri, 02 Sep 2022 | ₦4.0t | ₦1.8t | ₦338.2b | 6.8x | 12x | 2.2x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are optimistic on the Nigerian Communication Services industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
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 80% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Nigerian Telecom sector?
| NG Market | -2.77% | |
| Telecom | -0.91% | |
| Telecom Services and Carriers | 9.04% | |
| Wireless Telecom | 0% | 0 |
| Media | -6.48% | |
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 | |
|---|---|---|---|---|---|
| LEGENDINT Legend Internet | ₦6.00 | 9.1% +₦1.0b | n/a | n/a |