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MTN Nigeria Communications NGSE:MTNN Stock Report

Last Price

₦190.30

Market Cap

₦4.0t

7D

-0.4%

1Y

-23.9%

Updated

07 Oct, 2024

Data

Company Financials +

MTN Nigeria Communications PLC

NGSE:MTNN Stock Report

Market Cap: ₦4.0t

MTNN Stock Overview

Provides broadband fixed wireless access, telecommunication, and mobile financial services in Nigeria.

MTNN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends0/6

MTN Nigeria Communications PLC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MTN Nigeria Communications
Historical stock prices
Current Share Price₦190.30
52 Week High₦319.80
52 Week Low₦175.00
Beta0.32
11 Month Change6.31%
3 Month Change-4.85%
1 Year Change-23.88%
33 Year Change8.81%
5 Year Change46.38%
Change since IPO58.91%

Recent News & Updates

Recent updates

Shareholder Returns

MTNNNG Wireless TelecomNG Market
7D-0.4%-5.8%5.3%
1Y-23.9%-2.8%5.8%

Return vs Industry: MTNN underperformed the NG Wireless Telecom industry which returned -2.8% over the past year.

Return vs Market: MTNN underperformed the NG Market which returned 5.8% over the past year.

Price Volatility

Is MTNN's price volatile compared to industry and market?
MTNN volatility
MTNN Average Weekly Movement5.2%
Wireless Telecom Industry Average Movement3.5%
Market Average Movement6.2%
10% most volatile stocks in NG Market9.6%
10% least volatile stocks in NG Market2.7%

Stable Share Price: MTNN has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: MTNN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,824Karl Toriolawww.mtn.ng

MTN Nigeria Communications PLC provides broadband fixed wireless access, telecommunication, and mobile financial services in Nigeria. The company offers mobile telecommunications services, such as network, value added, and digital services. Its 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 consists of unstructured supplementary service data, interactive voice response, rich media, insurance, and e-commerce services.

MTN Nigeria Communications PLC Fundamentals Summary

How do MTN Nigeria Communications's earnings and revenue compare to its market cap?
MTNN fundamental statistics
Market cap₦3.99t
Earnings (TTM)-₦566.22b
Revenue (TTM)₦2.85t

1.4x

P/S Ratio

-7.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTNN income statement (TTM)
Revenue₦2.85t
Cost of Revenue₦613.11b
Gross Profit₦2.24t
Other Expenses₦2.80t
Earnings-₦566.22b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-27.01
Gross Margin78.48%
Net Profit Margin-19.87%
Debt/Equity Ratio-163.7%

How did MTNN perform over the long term?

See historical performance and comparison