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MTNN

MTN Nigeria Communications Plc · ICT · Premium Board

₦890.00+9.20%
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The last 15 trading days

Peers in ICT

AIRTELA—Airtel Africa PlcCWG▲4.7%CWG Plc

MTNN beside its sector

CompanyPriceTodayMkt capP/EDiv yield
AIRTELAFRI₦6,300.00—23.36T105000.00.00%
MTNN₦890.00+9.20%18.66T16.82.25%
CWG₦18.90+4.71%47.72B9.63.70%

P/E and dividend yield use each company’s latest audited figures — dashes fill in as our fundamentals library covers more companies. A comparison is context, not a verdict: cheaper is not always better, and dearer is not always worse.

Price statistics

High (15d)

₦890.00

Low (15d)

₦807.00

Position in range

100%

Avg volume (15d)

3,586,495

Market cap

18.66T

P/E ratio

16.77

Shares outstanding

20.97B

Deals today

2,823

Return figures (1 month, 1 year…) appear as our daily price history builds — 15 trading days collected so far.

Past performance describes the past. It does not predict anything.

Technical readings — facts, not signals

RSI (14-day)

83

50-day average

—

200-day average

—

These are measurements, not recommendations. What they mean — and don’t mean — is taught in the Lab, where you can run all 31 indicators on the chart yourself.

Five-year financials — figures in ₦ billions, per-share lines in ₦

1,654
2021
2,012
2022
2,469
2023
3,361
2024
5,204
2025

In plain words: in 2021, customers paid MTNN about ₦1.7 trillion. By 2025 that had grown to ₦5.2 trillion — roughly 3 times bigger. And the cash paid out yearly on each single share grew from ₦13.12 to ₦20.00.

20212022202320242025
Revenue1,654▲2,012▲2,469▲3,361▲5,204
Profit before tax437▲519▼-178▼-550▲1,696
Profit after tax299▲351▼-134▼-399▲1,113
Earnings per share (₦)14.67▲16.76▼-6.38▼-19.05▲53.07
Dividend per share (₦)13.12▲15.60▼5.60—20.00
Free cash flow514▲537▲611▼529▲1,663
Total assets2,263▲2,539▲3,189▲4,197▲5,403
Shareholders' funds265▼263▼-40.8▼-458▲549

💪 Return on equity

202.8%

🧮 Net margin

21.4%

💰 Dividend yield

2.25%

🎁 Payout ratio

38%

🚀 Revenue growth /yr

33.2%

📈 Profit growth /yr

—

A return on equity above 100% is a sign of a very thin equity base, not of a super-profitable company: shareholders’ funds are only ₦549 billion — about 10% of the ₦5.4 trillion of assets, usually because earlier losses ate most of them. Judge the profit by the net margin, and the balance sheet by the shareholders’ funds line.

📖 What do these lines mean? — in plain words
Revenue — all the money customers paid the company in the year.
Profit before tax — what was left after paying the costs of running the business, before government tax.
Profit after tax — what truly remained for the owners after everything, including tax.
Earnings per share — that profit divided by the number of shares: the slice belonging to one share.
Dividend per share — the actual cash the company paid out to you for each share you own.
Free cash flow — real cash left after running the business and building for the future. Profit is an opinion; cash is a fact.
Total assets — everything the company owns: factories, machines, money, stock.
Shareholders’ funds — what would belong to the owners if all debts were paid today. Below zero means the debts are bigger than everything the company owns.
Return on equity — profit after tax divided by shareholders’ funds: how hard the owners’ money worked this year. Shown as n/m when shareholders’ funds are below zero.
Growth /yr — the steady yearly rate that would take the first year’s figure to the last year’s. Shown as a dash when any year in between was a loss or missing, because then the rate would mislead.

Figures from audited annual reports and results statements — latest source. Ratios are our arithmetic on those figures. Profit is an opinion; cash is a fact — that is why free cash flow is here.

News mentioning MTNN

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How to know a stock — the checklist

Read the last five annual reports: is revenue growing, is profit real, are dividends paid from earnings? Learn who runs the company and how long they have stayed. Understand what the company sells and who pays for it — if you cannot explain that in one sentence, keep reading before you buy. Compare the P/E with the sector, not with hope. And check how often the stock actually trades: thin volume means your exit may be slow.

This page shows facts and teaches method. It never rates a stock and never tells you what to buy — that decision, made with open eyes, is yours. Education, not investment advice.