MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria · Delayed Price · Currency is NGN 811.10
-1.90 (-0.23%)
At close: Sep 11, 2026
NGX:MTNN Ratios and Metrics
Market cap in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 16,997,683 | 10,715,730 | 4,193,350 | 5,535,222 | 4,370,026 | 4,009,839 | |
Market Cap Growth | 86.34% | 155.54% | -24.24% | 26.66% | 8.98% | 15.95% |
Enterprise Value | 18,901,223 | 13,182,422 | 7,150,075 | 7,015,512 | 5,637,585 | 4,957,703 |
Last Close Price | 811.10 | 484.74 | 187.72 | 247.79 | 189.28 | 161.76 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 12.10 | 9.63 | - | - | 12.44 | 13.43 |
Forward PE | 10.71 | 7.93 | 21.97 | 21.18 | 10.28 | 11.12 |
PS Ratio | 2.92 | 2.06 | 1.25 | 2.24 | 2.17 | 2.42 |
PB Ratio | 18.27 | 19.53 | -9.16 | -135.52 | 16.65 | 15.13 |
P/TBV Ratio | 32.84 | 84.18 | - | - | - | 206.45 |
P/FCF Ratio | 9.13 | 6.44 | 7.93 | 9.06 | 8.14 | 7.80 |
P/OCF Ratio | 5.87 | 4.63 | 4.83 | 5.51 | 5.06 | 5.18 |
PEG Ratio | - | 12.21 | 12.21 | 0.50 | 0.49 | 0.38 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 3.25 | 2.53 | 2.13 | 2.84 | 2.80 | 3.00 |
EV/EBITDA Ratio | 6.03 | 5.44 | 6.68 | 6.70 | 5.92 | 6.48 |
EV/EBIT Ratio | 7.71 | 6.34 | 9.32 | 8.98 | 7.55 | 8.47 |
EV/FCF Ratio | 10.16 | 7.93 | 13.52 | 11.48 | 10.50 | 9.65 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 2.99 | 5.31 | -7.11 | -53.41 | 5.14 | 4.47 |
Debt / EBITDA Ratio | 0.89 | 1.09 | 2.60 | 1.87 | 1.28 | 1.39 |
Debt / FCF Ratio | 1.49 | 1.75 | 6.16 | 3.57 | 2.51 | 2.31 |
Net Debt / Equity Ratio | 2.05 | 3.86 | -6.44 | -44.79 | 3.73 | 3.27 |
Net Debt / EBITDA Ratio | 0.67 | 0.88 | 2.76 | 1.75 | 1.03 | 1.13 |
Net Debt / FCF Ratio | 1.02 | 1.27 | 5.58 | 2.99 | 1.83 | 1.69 |
Asset Turnover | 1.08 | 1.08 | 0.91 | 0.86 | 0.84 | 0.78 |
Inventory Turnover | 38.23 | 59.14 | 107.20 | 96.24 | 90.03 | 89.33 |
Quick Ratio | 0.44 | 0.48 | 0.31 | 0.29 | 0.46 | 0.45 |
Current Ratio | 0.52 | 0.56 | 0.40 | 0.52 | 0.65 | 0.66 |
Return on Equity (ROE) | 316.51% | 2453.77% | - | -123.61% | 132.21% | 134.72% |
Return on Assets (ROA) | 28.52% | 27.07% | 12.99% | 17.05% | 19.44% | 17.30% |
Return on Invested Capital (ROIC) | 56.56% | 55.95% | 43.81% | 61.58% | 42.32% | 39.04% |
Return on Capital Employed (ROCE) | 71.90% | 65.90% | 34.80% | 60.30% | 54.70% | 43.10% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 10, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 8.27% | 10.38% | -9.53% | -2.42% | 8.04% | 7.45% |
FCF Yield | 10.95% | 15.52% | 12.62% | 11.04% | 12.29% | 12.81% |
Dividend Yield | 3.22% | 4.13% | - | 2.26% | 8.24% | 8.11% |
Payout Ratio | 68.63% | 9.43% | - | - | 82.02% | 71.22% |
Buyback Yield / Dilution | -0.03% | - | -0.01% | - | -3.01% | - |
Total Shareholder Return | 3.19% | 4.13% | -0.01% | 2.26% | 5.24% | 8.11% |