MTN Nigeria Communications PLC (NGX:MTNN)
837.00
-13.00 (-1.53%)
At close: Nov 6, 2026
NGX:MTNN Market Cap
NGX:MTNN has a market cap or net worth of 17.54 trillion as of November 6, 2026. It is the 1,711th most valuable company in the world and the 2nd biggest in Nigeria. Its market cap has increased by 70.99% in one year.
Market Cap
17.54T
Enterprise Value
19.62T
Revenue
6.09T
Global Rank
Country Rank
#2 Nigeria
PE Ratio
11.49
ChartMarket Cap Chart
Since May 20, 2019, NGX:MTNN's market cap has increased from 2.44T to 17.54T, an increase of 619.65%. That is a compound annual growth rate of 30.23%.
| Date | Market Cap | % Change |
|---|---|---|
| Nov 6, 2026 | 17.54T | 63.69% |
| 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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