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The Nigerian Telecommunications Sector Update 2022

Apr 21, 2022   •   by   •   Source: Others   •   eye-icon 197 views

Our analysis of the telecommunications companies across selected BRICS and African markets revealed the undervaluation of Nigerian companies. Relative to the BRICS market (24.3x and 19.2x), the Nigerian telecoms sector trades at a P/E ratio and EV/EBITDA multiple of 14.0x (previously 14.5x) and 5.7x (previously 5.8x) respectively.

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