MTN Nigeria Communications (NGSE:MTNN) - Stock Price, News & Analysis - Simply Wall St (2024)

MTNN Stock Overview

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

MTNN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

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₦270.00
52 Week Low₦185.00
Beta0.38
1 Month Change-5.08%
3 Month Change-2.57%
1 Year Change5.16%
3 Year Change124.00%
5 Year Changen/a
Change since IPO87.06%

Recent News & Updates

Shareholder Returns

MTNNNG Wireless TelecomNG Market
7D-6.7%-3.5%-1.4%
1Y5.2%-20.4%7.6%

Return vs Industry: MTNN exceeded the NG Wireless Telecom industry which returned -20.6% over the past year.

Return vs Market: MTNN underperformed the NG Market which returned 7.3% over the past year.

Price Volatility

Is MTNN's price volatile compared to industry and market?
MTNN volatility
MTNN Average Weekly Movement4.1%
Wireless Telecom Industry Average Movement5.1%
Market Average Movement4.7%
10% most volatile stocks in NG Market7.7%
10% least volatile stocks in NG Market2.4%

Stable Share Price: MTNN is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MTNN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,675Karl Toriolahttps://www.mtnonline.com

MTN Nigeria Communications PLC provides broadband fixed wireless access, telecommunication, and mobile financial services in Nigeria. It offers mobile telecommunications services, such as network, value added, and digital services. The company’s network services include voice, data, and SMS; value added services comprise airtime lending, mobile money, subscriber identification module back up services, 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₦4.55t
Earnings (TTM)₦361.53b
Revenue (TTM)₦2.01t

12.6x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTNN income statement (TTM)
Revenue₦2.01t
Cost of Revenue₦407.94b
Gross Profit₦1.60t
Other Expenses₦1.24t
Earnings₦361.53b

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)17.79
Gross Margin79.73%
Net Profit Margin17.97%
Debt/Equity Ratio205.5%

How did MTNN perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

88%

Payout Ratio

MTN Nigeria Communications (NGSE:MTNN) - Stock Price, News & Analysis  - Simply Wall St (2024)

FAQs

What is the price prediction for MTN? ›

MTN Group Ltd quote is equal to 11447.00 ZAC at 2023-05-29. Based on our forecasts, a long-term increase is expected, the "MTN" stock price prognosis for 2028-05-22 is 26894.48 ZAC. With a 5-year investment, the revenue is expected to be around +134.95%. Your current $100 investment may be up to $234.95 in 2028.

What is the yield of MTN stock? ›

Current dividend yield vs market & industry

Notable Dividend: MTNN's dividend (6.71%) is higher than the bottom 25% of dividend payers in the NG market (3.08%).

What is the PE ratio of MTN? ›

Price-To-Earnings vs Fair Ratio: MTN is good value based on its Price-To-Earnings Ratio (10.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).

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