MTNN • NSE

MTN Nigeria Communications Plc

224.00

NGN

-3.00 -1.32%

Open Price

227.00

Previous Close

227.00

Today’s Range

224.00 - 227.00

Number of Deals

294.0

Volume Traded

3,975,437.00

Value Traded

892,222,068.00

52 Weeks High

295.00

52 Weeks Low

183.00

Market Cap

4,559,410,923,200.00

YTD Price Performance

0.00 %

MTN Nigeria Communications Plc to Hold Board Meeting on April 29, 2024 to Consider and Approve its Q1 2024 Results

Friday, March 22nd at 3:35 PM

MTN Nigeria FY 2023 Result: FX Losses Hurt Bottom Line as PAT Drops 138.09%

Thursday, March 14th at 9:04 AM

MTN Nigeria Plc Declares N137.02bn Loss in 2023 Audited Results,(SP:N222.90k)

Friday, March 1st at 10:54 AM

Dangote Cement Hits N11trn Market CAP; Airtel, BUAFOODS, BUACEMENT, MTNN, GEREGU and 4 Others Retain N1trn Market CAP as of February 28th 2024

Thursday, February 29th at 9:58 AM

Dangote Cement Hits N11trn Market CAP; Airtel, MTN, UBA, Access Holdings and 7 Others Retain Over N1trn Market CAP Mark as of January 25th 2024

Friday, January 26th at 1:48 PM

NCC Puts Phased Disconnection of Globacom by MTN Nigeria on Hold for 21 Days

Thursday, January 18th at 2:16 PM

Airtel Africa, MTN, BUA Foods and Cement, FBN Holdings, 6 Others Hit Over N1trn Market CAP as of January 9th 2024

Wednesday, January 10th at 9:29 PM

NCC Grants Approval for the Partial Disconnection of Globacom from MTN Nigeria Due to Non-Settlement of Interconnect Charges

Tuesday, January 9th at 11:52 AM

MTN, CardinalStone, VFD Group Recognised at NGX Made of Africa Awards

December 21st, 2023 at 9:12 AM

NCC Directs MTN Nigeria to Bar Phone Lines with Unverified NINs in Compliance with the SIM Registration Regulation

December 19th, 2023 at 3:50 PM

Key Stats

Shares Outstanding

20,354,513,050.00

Net Assets

310,085.00

Book Value Per Share

15.23

Sector P/E

30.96

EPS

7.24

P/E

30.94

ROE

0.00

Dividend Yield

4.46

About Company

MTN Nigeria Communications PLC provides wireless telecommunication services. The Company offers roaming, Internet, bills payment, device financing, data management, SIM registration, and other related services.

Sector

ICT

Sub Sector

Telecommunication Services

Management

Mohammed Rufai

Randy Bikraj

Uto Ukpanah

Modupe Kadri

Srinivas Rao

Lynda Saint-Nwafor

Ugonwa Nwoye

Mazen Mroue

Esther Akinnukawe

Olubayo Adekanmbi

Karl Olutokun Toriola

Tobechukwu Okigbo

Adekunle Adebiyi

Usoro Usoro

Cyril Ilok

Address

MTN Plaza, Awolowo Road, Ikoyi 101233, Lagos, Nigeria

Phone No

8031000180

Email Address

[email protected]

Website

Board of Directors

Ralph Mupita

Ifueko M Omoigui Okauru, MFR.

Paul Norman

Omobola Johnson

Karl Olutokun Toriola

Muhammad K. Ahmad

A.B. Mahmoud, SAN

Rhidwaan Gasant

Dr Ernest C. Ndukwe, OFR

Modupe Kadri

Michael Onochie Ajukwu

Mr. Andrew Alli

Jens Schulte-Bockum

Social Media Accounts

Subsidiary

Yello Digital Financial Services Limited

Visafone Communications Limited

XS Broadband Limited

Company Secretary

End of Accounting Year

31 Dec

Listing Date

16/05/2019

Company Registrar

Regulatory Status

CG+

Free Float

0.00

Auditor

Shareholding Pattern

Analyst Reports

Q3 Unaudited Financial Statement for the Period Ended September 30, 2023 - MTN Nigeria Communications Plc

Q3 Unaudited Financial Statement for the Period Ended September 30, 2023

November 3rd, 2023 at 10:32 AM

2022 Audtied Financial Statement for the Period Ended 31st December 2022 - MTN Nigeria Plc

MTN Nigeria Plc releases its Audited Financial Statement for the Period ended 31st December 2022

February 3rd, 2023 at 9:09 AM

Income

Profit & loss information

Description	Q 3, 2023 N'm	% Change
Gross Earnings	0.00	+ 0.00%
Profit Before Tax	232,469.00	+ 0.00%
Income Tax Expense	-85,105.00	+ 0.00%
Taxation	-85,105.00	+ 0.00%
Profit After Tax	147,364.00	+ 0.00%
Fixed Assets	1,046,406.00	+ 0.00%
Total Assets	3,078,927.00	+ 0.00%
Customers Deposits	0.00	+ 0.00%
Loans and Advances	0.00	+ 0.00%
Total Liabilities	2,768,842.00	+ 0.00%
Borrowings	549,074.00	+ 0.00%
Cash Flow From Operating Activities	991,471.00	+ 0.00%

Income

Description	Q 3, 2023 N'm	Q 4, 2022 N'm	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm
Gross Earnings	0.00	0.00	0.00	0.00	0.00
Gross Premium Written	0.00	0.00	0.00	0.00	0.00
Revenue	1,772,949.00	2,012,272.00	950,086.00	470,984.00	1,654,299.00
Turnover	0.00	0.00	0.00	0.00	0.00
Interest And Similar Income	0.00	0.00	0.00	0.00	0.00
Gross Premium Income	0.00	0.00	0.00	0.00	0.00
Cost Of Sales	0.00	0.00	0.00	-107,275.00	-390,471.00

Description	Q 3, 2023 N'm	Q 4, 2022 N'm	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm
Property Plant And Equipment	1,046,406.00	928,357.00	890,351.00	821,731.00	774,113.00
Fair Value Movements On Equity Instruments	0.00	0.00	0.00	0.00	0.00
Value Through Profit Or Loss	0.00	0.00	0.00	0.00	0.00
Intangible Assets	449,075.00	335,599.00	345,419.00	345,103.00	245,558.00
Fair Value Movements On Debt Securities	0.00	0.00	0.00	0.00	0.00
Management Expenses	0.00	0.00	0.00	0.00	0.00
Other Non Current Assets	0.00	0.00	17,654.00	17,471.00	0.00

Description	Q 3, 2023 N'm	Q 4, 2022 N'm	Q 1, 2022 N'm
Cash Flow From Operating Activities	991,471.00	1,188,533.00	264,719.00
Total Premium Received	0.00	0.00	0.00
Receipt From Reinsurance Recovery	0.00	0.00	0.00
Reinsurance Premium Paid	0.00	0.00	0.00
Profit For The Period	0.00	0.00	0.00
Commission Received	0.00	0.00	0.00
Claims Recoveries	0.00	0.00	0.00

Remark	Date
Notice of board Meeting to consider and approve the unaudited consolidated Financial Statements for the period ending 31 March 2024 and commencement of closed period.	4/29/2024
MTN Nigeria Communication will no longer be considering the Audited Financial Statement (AFS) for the year ended 31 December 2023 on 30 January 2024 as previously communicated. The board meeting to consider the AFS is now scheduled for Thursday, 22 February 2024	2/22/2024
Notification of Board Meeting for the consideration and approval of unaudited condensed consolidated financial statements for the six months period	7/27/2023
To consider and approve the Unaudited Condensed Consolidated Financial Statements for the three months period ending 31 March 2022 along with other agenda items	4/28/2022
To consider and approve the Unaudited Consolidated Financial Statements for the Nine Months ending 30th September 2021	10/28/2021

Dividend	Dividend Type	Announement Date	Payment Date	Date
10.00	Final	1/31/2023	4/20/2023	3/28/2023
8.57	Final	1/31/2022	4/28/2022	4/7/2022
4.55	Interim	7/30/2021	8/27/2021	8/20/2021
5.90	Final	2/28/2021	5/26/2021	5/5/2021
4.97	Final	3/2/2020	5/19/2020	4/20/2020
2.95	Interim	7/26/2019	8/16/2019	8/9/2019

Bonus	Bonus Type	Announement Date	Payment Date	Date

New Face Value	Old Face Value	Exsplit Date	Announement Date

Book Closure	Address	Announement Date	Date
4/7/2022	The Rooftop Event Hall, MTN Plaza, Falomo, Ikoyi, Lagos at 11.00 a.m.	1/31/2022	4/28/2022
5/25/2021		2/28/2021	5/25/2021
4/20/2020	Rooftop Event Hall, MTN Plaza, Falomo, Ikoyi, Lagos at 11am	4/24/2020	5/15/2020

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Q 3, 2023

Price to book

14.70
Price to sales

2.57
Dividend yield

4.46
Net Debt

324,220.00
Price Earning Including Extra Items

30.94
Price Earning Normalized

34.95
Price To Free Cash Flow

6.13
Price To Tangible Book

1.73

Margin Ratio
Q3

Q 3, 2023

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

8.31
Operating Cash Flow/Revenue

28.25
Operating Profit Margin (%)

0.00
Pretax Margin

13.11

Growth Ratio
Q3

Q 3, 2023

Book Value Growth Rate

-7.63
Capital Expenditure Growth Rate

-25.65
Deposit Growth

0.00
Dividend Growth

16.69
EBITDA

-156,753.00
EPS Growth Rate

0.00
Fixed Asset Growth

12.72
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

-7.63
Net Profit Margin Growth Rate

0.00
Operating Cash Flow

500,810.00
Revenue Growth

-11.89
Shareholder Fund Growth

-7.63
Total Assets Growth

13.36
Total Liabilities Growth

16.32

Per Share Ratio
Q3

Q 3, 2023

Book Value per share

15.23
Cash Per Share

11.05
Dividend Per Share

10.00
EPS Basic Excl. Extra Items

7.24
EPS Excl. Extra Items

7.24
EPS Incl. Extra Items

0.00
EPS Normalized

7.24
Revenue Per Share

87.10

Financial Strength Ratio
Q3

Q 3, 2023

Acid Test Ratio

0.00
Claims Ratio

0.00
Cost to Income Ratio

0.00
Current Ratio

0.00
Investment Ratio

0.00
Leverage Ratio

1.77
Liquidity Ratio

0.07
Long Term Debt/Equity

1.77
Net Interest Coverage

0.00
Payout Ratio

1.38
Quick Ratio

0.00
Reserve Ratio

0.00
Total Debt/Total Equity

1.77

Management Effectiveness Ratio
Q3

Q 3, 2023

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

-56.46
Annual % Change in Share Price

-15.15
Annual % Change in Staff Cost

0.00
Asset Turnover

0.58
Dividend Payout Ratio

1.38
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

22.17
Receivables Turnover

0.00
Return on Assets

0.08
Return on Average Assets

0.05
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.00
Revenue/Employee

266.69
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Price performance

1 week

-1.32%

1 month

-16.36%

3 months

-22.22%

6 months

-10.40%

9 months

-15.50%

1 years

Volume analysis

1 week

-70.79%

1 month

-43.02%

3 months

-30.46%

6 months

87.73%

9 months

-18.79%

1 years

98.14%

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