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MTNN logo

MTN Nigeria Communications NGSE:MTNN Stock Report

Last Price

₦224.00

Market Cap

₦4.7t

7D

-1.3%

1Y

0%

Updated

22 Apr, 2024

Data

Company Financials +

MTN Nigeria Communications PLC

NGSE:MTNN Stock Report

Market Cap: ₦4.7t

MTNN Stock Overview

MTN Nigeria Communications PLC provides broadband fixed wireless access, telecommunication, and mobile financial services in Nigeria.

MTNN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
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₦224.00
52 Week High₦319.80
52 Week Low₦175.00
Beta0.27
1 Month Change-4.68%
3 Month Change-23.78%
1 Year Change0%
3 Year Change35.76%
5 Year Changen/a
Change since IPO87.06%

Recent News & Updates

Recent updates

Shareholder Returns

MTNNNG Wireless TelecomNG Market
7D-1.3%-4.0%-2.8%
1Y0%-21.5%119.6%

Return vs Industry: MTNN exceeded the NG Wireless Telecom industry which returned -21.5% over the past year.

Return vs Market: MTNN underperformed the NG Market which returned 119.6% over the past year.

Price Volatility

Is MTNN's price volatile compared to industry and market?
MTNN volatility
MTNN Average Weekly Movement8.7%
Wireless Telecom Industry Average Movement4.3%
Market Average Movement8.1%
10% most volatile stocks in NG Market11.8%
10% least volatile stocks in NG Market3.0%

Stable Share Price: MTNN's share price has been volatile over the past 3 months.

Volatility Over Time: MTNN's weekly volatility (9%) 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₦4.70t
Earnings (TTM)-₦133.84b
Revenue (TTM)₦2.47t

1.9x

P/S Ratio

-35.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTNN income statement (TTM)
Revenue₦2.47t
Cost of Revenue₦491.32b
Gross Profit₦1.98t
Other Expenses₦2.11t
Earnings-₦133.84b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-6.38
Gross Margin80.10%
Net Profit Margin-5.42%
Debt/Equity Ratio-2,882.1%

How did MTNN perform over the long term?

See historical performance and comparison
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