MTNN Stock Overview
Provides broadband fixed wireless access, telecommunication, and mobile financial services in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
MTN Nigeria Communications PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦175.50 |
| 52 Week High | ₦319.80 |
| 52 Week Low | ₦169.00 |
| Beta | 0.43 |
| 1 Month Change | 2.03% |
| 3 Month Change | -12.16% |
| 1 Year Change | -29.80% |
| 3 Year Change | -3.94% |
| 5 Year Change | 67.14% |
| Change since IPO | 46.56% |
Recent News & Updates
Recent updates
Shareholder Returns
| MTNN | NG Wireless Telecom | NG Market | |
|---|---|---|---|
| 7D | -0.3% | -2.7% | 2.5% |
| 1Y | -29.8% | 0.6% | 51.2% |
Return vs Industry: MTNN underperformed the NG Wireless Telecom industry which returned 0.6% over the past year.
Return vs Market: MTNN underperformed the NG Market which returned 51.2% over the past year.
Price Volatility
| MTNN volatility | |
|---|---|
| MTNN Average Weekly Movement | 2.4% |
| Wireless Telecom Industry Average Movement | 3.3% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in NG Market | 8.5% |
| 10% least volatile stocks in NG Market | 3.1% |
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 (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 1,824 | Karl Toriola | www.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
| MTNN fundamental statistics | |
|---|---|
| Market cap | ₦3.68t |
| Earnings (TTM) | -₦633.52b |
| Revenue (TTM) | ₦3.07t |
1.2x
P/S Ratio-5.8x
P/E RatioIs MTNN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MTNN income statement (TTM) | |
|---|---|
| Revenue | ₦3.07t |
| Cost of Revenue | ₦659.49b |
| Gross Profit | ₦2.41t |
| Other Expenses | ₦3.04t |
| Earnings | -₦633.52b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 27, 2025
| Earnings per share (EPS) | -30.22 |
| Gross Margin | 78.49% |
| Net Profit Margin | -20.66% |
| Debt/Equity Ratio | -133.7% |
How did MTNN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MTN Nigeria Communications PLC is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Linet Muriungi | Absa Bank Limited |
| null null | ARM Research |
| Opeoluwa Oluwa | Cordros Capital Ltd. |