MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
837.00
-13.00 (-1.53%)
At close: Nov 6, 2026

NGX:MTNN Statistics

Total Valuation

NGX:MTNN has a market cap or net worth of NGN 17.54 trillion. The enterprise value is 19.62 trillion.

Market Cap17.54T
Enterprise Value 19.62T

Important Dates

The last earnings date was Thursday, October 29, 2026.

Earnings Date Oct 29, 2026
Ex-Dividend Date Aug 21, 2026

Share Statistics

NGX:MTNN has 20.96 billion shares outstanding. The number of shares has increased by 0.02% in one year.

Current Share Class 20.96B
Shares Outstanding 20.96B
Shares Change (YoY) +0.02%
Shares Change (QoQ) -0.00%
Owned by Insiders (%) 0.03%
Owned by Institutions (%) 0.14%
Float 5.54B

Valuation Ratios

The trailing PE ratio is 11.49 and the forward PE ratio is 10.70.

PE Ratio 11.49
Forward PE 10.70
PS Ratio 2.88
PB Ratio 20.79
P/TBV Ratio 39.12
P/FCF Ratio 9.00
P/OCF Ratio 5.72
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.84, with an EV/FCF ratio of 10.06.

EV / Earnings 12.84
EV / Sales 3.22
EV / EBITDA 5.84
EV / EBIT 7.46
EV / FCF 10.06

Financial Position

The company has a current ratio of 0.45, with a Debt / Equity ratio of 3.31.

Current Ratio 0.45
Quick Ratio 0.38
Debt / Equity 3.31
Debt / EBITDA 0.83
Debt / FCF 1.43
Interest Coverage 5.65

Financial Efficiency

Return on equity (ROE) is 268.74% and return on invested capital (ROIC) is 59.52%.

Return on Equity (ROE) 268.74%
Return on Assets (ROA) 29.97%
Return on Invested Capital (ROIC) 59.52%
Return on Capital Employed (ROCE) 78.91%
Weighted Average Cost of Capital (WACC) 7.36%
Revenue Per Employee 3.04B
Profits Per Employee 763.54M
Employee Count2,001
Asset Turnover 1.11
Inventory Turnover 38.39

Taxes

In the past 12 months, NGX:MTNN has paid 837.40 billion in taxes.

Income Tax 837.40B
Effective Tax Rate 35.40%

Stock Price Statistics

The stock price has increased by +71.10% in the last 52 weeks. The beta is 0.47, so NGX:MTNN's price volatility has been lower than the market average.

Beta (5Y) 0.47
52-Week Price Change +71.10%
50-Day Moving Average 832.82
200-Day Moving Average 786.39
Relative Strength Index (RSI) 50.29
Average Volume (20 Days) 2,150,268

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, NGX:MTNN had revenue of NGN 6.09 trillion and earned 1.53 trillion in profits. Earnings per share was 72.86.

Revenue6.09T
Gross Profit 5.07T
Operating Income 2.63T
Pretax Income 2.37T
Net Income 1.53T
EBITDA 3.07T
EBIT 2.63T
Earnings Per Share (EPS) 72.86
Full Income Statement

Balance Sheet

The company has 711.74 billion in cash and 2.79 trillion in debt, with a net cash position of -2,081.26 billion or -99.31 per share.

Cash & Cash Equivalents 711.74B
Total Debt 2.79T
Net Cash -2,081.26B
Net Cash Per Share -99.31
Equity (Book Value) 843.91B
Book Value Per Share 40.27
Working Capital -1,456.27B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 3.07 trillion and capital expenditures -1,118.06 billion, giving a free cash flow of 1.95 trillion.

Operating Cash Flow 3.07T
Capital Expenditures -1,118.06B
Depreciation & Amortization 479.64B
Net Borrowing -557.57B
Free Cash Flow 1.95T
FCF Per Share 93.04
Full Cash Flow Statement

Margins

Gross margin is 83.30%, with operating and profit margins of 43.22% and 25.11%.

Gross Margin 83.30%
Operating Margin 43.22%
Pretax Margin 38.87%
Profit Margin 25.11%
EBITDA Margin 50.53%
EBIT Margin 43.22%
FCF Margin 32.04%

Dividends & Yields

This stock pays an annual dividend of 26.00, which amounts to a dividend yield of 3.11%.

Dividend Per Share 26.00
Dividend Yield 3.11%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 63.14%
FCF Payout Ratio 49.44%
Buyback Yield -0.02%
Shareholder Yield 3.09%
Earnings Yield 8.70%
FCF Yield 11.12%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Analyst Forecast

The average price target for NGX:MTNN is 1,079.48, which is 28.97% higher than the current price. The consensus rating is "Buy".

Price Target 1,079.48
Price Target Difference 28.97%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (3Y) 21.93%
EPS Growth Forecast (3Y) 27.71%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

NGX:MTNN has an Altman Z-Score of 4.05 and a Piotroski F-Score of 7.

Altman Z-Score 4.05
Piotroski F-Score 7