M

MTN Nigeria Communications
MTNN

Last Price

Financial Snapshot

gainify

Market Data

Market Cap
NGN16.57T
EV
NGN18.69T
Shares Outstanding
20.97B
Beta
0.53
Industry
-

Wall Street View

Analyst Rating
BUY
Analyst Target Price
Number of Analysts
6
P/E 2026E
10.91x
P/Revenue 2026E
2.67x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2026E
-
Net Profit Margin 2026E
24.79%
ROE 2026E
126.59%
ROCE 2025
2453.77%

Dividends

DPS 2026E
NGN60.44
Payout Ratio 2026E
80.42%
Div. Yield 2026E
7.68%
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

gainify

About MTN Nigeria Communications PLC

gainify

M

MTN Nigeria Communications PLC

MTNN

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 inclu...

Sector

Industry

CEO

Toriola, Karl

Employees

2,001

Website

www.mtn.ng

IPO Date

Headquarters

MTN Plaza, No 1, Awolowo Road, Falomo, Ikoyi, Lagos Nigeria

📊 Stock Price & Performance

The last closing price of MTN Nigeria Communications (MTNN) is NGN790.00, reflecting a -0.63% change from the prior session. Last updated: March 7, 2026 at 8:37 PM Eastern Time

Over the last year, MTN Nigeria Communications (MTNN) has established a 52-week price range between a high of NGN819.00 and a low of NGN230.00. This metric is essential for assessing the stock's annual volatility. Last updated: March 7, 2026 at 8:37 PM Eastern Time

MTN Nigeria Communications (MTNN) is considered a low volatility stock. It has a beta of 0.53, which means it typically moves 0.53 times as much as the broader market. Over the past 52 weeks, MTNN has traded within a NGN230.00 – NGN819.00 range. Last updated: March 7, 2026 at 8:37 PM Eastern Time

Based on current MTNN analyst forecasts, the consensus price target for MTN Nigeria Communications (MTNN) is NGN616.01 for 2027. Relative to the current price of NGN790.00, this implies a potential downside of -22.02%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: March 7, 2026 at 8:37 PM Eastern Time

💰 Financial Metrics & Reports

The current MTN Nigeria Communications (MTNN) market capitalization is approximately NGN16.57T, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, MTN Nigeria Communications's market cap fluctuates with changes in its share price and share count. Last updated: March 7, 2026 at 8:37 PM Eastern Time

In the most recently reported quarter, MTN Nigeria Communications (MTNN) generated NGN1.50T in revenue, representing a +41.62% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: June 1, 2026 at 4:11 AM Eastern Time

In the most recently reported fiscal year, MTN Nigeria Communications (MTNN) generated net income of NGN1.11T, compared with NGN-0.40T in the prior fiscal year, representing a -378.60% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of NGN1.60T. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: June 1, 2026 at 4:11 AM Eastern Time

According to its latest quarterly filing, MTN Nigeria Communications (MTNN) reported EBITDA of NGN749.32B, representing a +76.19% year over year change. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: June 1, 2026 at 4:11 AM Eastern Time

As of the most recent reporting period, the company's debt-to-equity ratio stands at 3.05x, calculated as total debt divided by total shareholders' equity. A lower debt-to-equity ratio generally indicates a more conservative capital structure with less reliance on external borrowing, while a higher ratio suggests greater financial leverage and potentially higher sensitivity to interest rates, refinancing conditions, and earnings volatility. The debt-to-equity ratio should be interpreted in the context of the company's industry, business model, cash flow stability, and balance sheet composition. Last updated: June 1, 2026 at 4:11 AM Eastern Time

Based on the latest available data, MTN Nigeria Communications (MTNN) is currently trading at a last twelve months (LTM) P/E ratio of 12.41x. The P/E ratio reflects how much investors are willing to pay today for a dollar of earnings and can vary meaningfully over time due to changes in profitability, growth expectations, margin outlook, and earnings volatility. Last updated: June 1, 2026 at 4:11 AM Eastern Time

📅 Earnings & Dividends

In the most recently reported quarter, MTN Nigeria Communications (MTNN) revenue was NGN1.50T. Earnings per share (EPS) for the quarter were NGN16.95. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: June 1, 2026 at 4:11 AM Eastern Time

📈 Analyst Information

Analyst assessments of whether MTN Nigeria Communications (MTNN) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: NGN790.00Consensus price target: NGN616.01Implied return: -22.02% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: June 1, 2026 at 4:11 AM Eastern Time

Based on the latest available analyst coverage, MTN Nigeria Communications (MTNN) currently carries a Buy consensus rating. Analysts' average MTNN price target is NGN616.01. Relative to the current share price of NGN790.00, this suggests a potential price change of approximately -22.02%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: June 1, 2026 at 4:11 AM Eastern Time

Like other publicly traded stocks, MTN Nigeria Communications (MTNN) shares are bought and sold on stock exchanges such as NGSE and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for MTN Nigeria Communications (MTNN) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add MTNN to your watchlist.

MTN Nigeria Communications trades under the ticker symbol MTNN on the NGSE stock exchange. The ticker MTNN is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, MTN Nigeria Communications (MTNN) employs approximately 2,001 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: March 7, 2026 at 8:37 PM Eastern Time

MTN Nigeria Communications (MTNN) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest MTN Nigeria Communications (MTNN) stock peers based on overlapping products, services, and competitive dynamics:Cell C Holdings (CCD)Airtel Africa (AAF)Taiwan Mobile (3045)Turkcell Iletisim Hizmetleri (TCELL)VEON (VEON)Tele2 (TEL2 B)Mobile Telecommunications Company Saudi Arabia (7030)Etihad Etisalat (7020)Far EasTone Telecommunications (4904)PT Indosat Ooredoo Hutchison Tbk (ISAT) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to MTN Nigeria Communications.

gainifypowered-by-sp
Socials
Send us an emailFollow us on XConnect with us on LinkedInFollow us on InstagramFollow us on ThreadsCheck us out on TrustpilotFollow us on YouTubeFind us on Google Maps
Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.
View Data Providers

NEWSLETTER

Gainify provides tools and content designed to help users explore and understand the world of investing. All information available through our platform is for educational and informational use only. It is not intended as financial, investment or legal advice, and should not be treated as a recommendation or endorsement of any investment approach.
Our content is general in nature and does not account for your personal financial circumstances. Any investment decisions you make are your responsibility. We strongly recommend speaking with a licensed financial advisor or professional before acting on any information found on Gainify. Before using Gainify, please review our Terms of Service.
© 2026 Gainify. All rights reserved.