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MTN Nigeria Communications PLC Stock Price

NGSE:MTNN Community·₦16.9t Market Cap
  • 3 Narratives written by author
  • 19 Comments on narratives written by author
  • 257 Fair Values set on narratives written by author

MTNN Share Price Performance

₦805.00
345.00 (75.00%)
₦623.35
Fair Value
₦805.00
345.00 (75.00%)
29.1% overvalued intrinsic discount
₦623.35
Fair Value
Price ₦805.00
LiberaPartners ₦623.35
Marvellous ₦757.31

MTNN Community Narratives

Fair Value
·
Fair Value ₦623.35 29.1% overvalued intrinsic discount

MTN Nigeria Communications is set for a 30% CAGR revenue surge over 10 years

3users have liked this narrative
0users have commented on this narrative
39users have followed this narrative
Fair Value
·
Fair Value ₦757.31 6.3% overvalued intrinsic discount

I believe MTN Nigeria Communications has strong long-term potential due to its market dominance, growing data demand, and fintech expansion.

4users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
₦757.31
6.3% overvalued intrinsic discount
Fair Value
Revenue
20.8% p.a.
Profit Margin
23.64%
Future PE
14.38x
Price in 2031
₦2.35k
₦623.35
29.1% overvalued intrinsic discount
Fair Value
Revenue
30% p.a.
Profit Margin
15%
Future PE
21x
Price in 2035
₦7.59k

Trending Discussion

No trending discussion available.

Updated Narratives

MTNN logo

I believe MTN Nigeria Communications has strong long-term potential due to its market dominance, growing data demand, and fintech expansion.

Fair Value: ₦757.31 6.3% overvalued intrinsic discount
4 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
MTNN logo

MTN Nigeria Communications is set for a 30% CAGR revenue surge over 10 years

Fair Value: ₦623.35 29.1% overvalued intrinsic discount
39 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Outstanding track record with adequate balance sheet.

1 Risk
3 Rewards

MTN Nigeria Communications PLC Key Details

₦5.8t

Revenue

₦991.9b

Cost of Revenue

₦4.8t

Gross Profit

₦3.4t

Other Expenses

₦1.4t

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
67.07
82.95%
24.16%
36.8%
View Full Analysis

About MTNN

Founded
2000
Employees
2001
CEO
Karl Toriola
WebsiteView website
www.mtn.ng

MTN Nigeria Communications PLC provides broadband fixed wireless access, telecommunication, and mobile financial services to consumer, commercial, and institutional customers in Nigeria. It offers mobile telecommunications services, such as network, value added, and digital services. The company’s network services include voice, data, and short message services; value added services comprise airtime lending, mobile money, subscriber identification module back up, and voice-based services; and digital services consist of unstructured supplementary service data, interactive voice response, rich media, insurance, and e-commerce services. In addition, the company sells mobile devices and accessories, as well as provides digital, interconnect, and roaming services. The company was incorporated in 2000 and is based in Lagos, Nigeria. MTN Nigeria Communications PLC operates as a subsidiary of Mtn International (Mauritius) Limited.

Recent MTNN News & Updates

Narrative Update Aug 04

MTN Nigeria Reports Record H1 2026 Earnings Growth as Tariff Adjustments, Data Demand and FX Stability Drive Profitability

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) MTN Nigeria Communications Plc delivered a landmark financial performance for the six months ended June 30, 2026, supported by strong revenue expansion across data, voice and digital services, improved operating leverage, and a significant recovery in profitability. Revenue grew by 25.9% year-on-year (YoY) to ₦2.99 trillion, driven primarily by sustained demand for data services, continued smartphone adoption, enterprise digitalization, and the impact of tariff adjustments implemented earlier in the year.

Recent updates

No updates

MTN Nigeria Communications PLC Competitors