MTN Nigeria Communications PLC (NGX:MTNN)
825.00
+5.00 (0.61%)
At close: Oct 16, 2026
NGX:MTNN Market Cap
NGX:MTNN has a market cap or net worth of 17.29 trillion as of October 16, 2026. It is the 1,741st most valuable company in the world and the 2nd biggest in Nigeria. Its market cap has increased by 75.04% in one year.
Market Cap
17.29T
Enterprise Value
19.19T
Revenue
5.82T
Global Rank
Country Rank
#2 Nigeria
PE Ratio
12.31
ChartMarket Cap Chart
Since May 20, 2019, NGX:MTNN's market cap has increased from 2.44T to 17.29T, an increase of 609.31%. That is a compound annual growth rate of 30.25%.
| Date | Market Cap | % Change |
|---|---|---|
| Oct 16, 2026 | 17.29T | 61.34% |
| Dec 31, 2025 | 10.72T | 155.54% |
| Dec 31, 2024 | 4.19T | -24.24% |
| Dec 29, 2023 | 5.54T | 26.66% |
| Dec 30, 2022 | 4.37T | 8.98% |
| Dec 31, 2021 | 4.01T | 15.95% |
| Dec 31, 2020 | Upgrade Pro | Upgrade Pro |
| Dec 31, 2019 | Upgrade Pro | Upgrade Pro |
| May 20, 2019 | Upgrade Pro | Upgrade Pro |
Market Capitalization
Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.
Formula: Market Cap = Stock Price * Shares Outstanding
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