MTN Nigeria Communications (NSA:MTNN) EBIT per Share: ₦121.14 (TTM As of Mar. 2026)


NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
85 GF Score
Price ₦810.00
GF Value ₦619.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MTN Nigeria Communications EBIT per Share?

MTN Nigeria Communications NSA:MTNN 85 EBIT per Share is ₦121.14 as of Mar. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 85/100 and a GF Value™ of ₦619.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 288 Telecommunication Services companies, MTN Nigeria Communications ranks better than 89.24% on this metric.

MTN Nigeria Communications's EBIT per Share for the three months ended in Mar. 2026 was ₦31.81. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₦121.14.

During the past 12 months, the average EBIT per Share Growth Rate of MTN Nigeria Communications was 155.20% per year. During the past 3 years, the average EBIT per Share Growth Rate was 41.00% per year. During the past 5 years, the average EBIT per Share Growth Rate was 27.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for MTN Nigeria Communications's EBIT per Share or its related term are showing as below:

NSA:MTNN' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: 8.2   Med: 22.6   Max: 41
Current: 41

During the past 8 years, the highest 3-Year average EBIT per Share Growth Rate of MTN Nigeria Communications was 41.00% per year. The lowest was 8.20% per year. And the median was 22.60% per year.

NSA:MTNN's 3-Year EBIT Growth Rate is ranked better than
89.24% of 288 companies
in the Telecommunication Services industry
Industry Median: 7.05 vs NSA:MTNN: 41.00

MTN Nigeria Communications's EBIT for the three months ended in Mar. 2026 was ₦667,051 Mil.


MTN Nigeria Communications  (NSA:MTNN) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


MTN Nigeria Communications EBIT per Share Related Terms


MTN Nigeria Communications EBIT per Share Historical Data

* Premium members only.

The historical data trend for MTN Nigeria Communications's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MTN Nigeria Communications EBIT per Share Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT per Share
Get a 7-Day Free Trial 28.12 31.69 2.39 -6.08 105.71

MTN Nigeria Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.37 26.37 30.12 32.84 31.81
NSA:MTNN
85GF Score
MTN Nigeria Communications PLC NSA:MTNN
EBIT per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTN Nigeria Communications EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

MTN Nigeria Communications's EBIT per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBIT per Share(A: Dec. 2025 )
=EBIT/Shares Outstanding (Diluted Average)
=2216659/20970.000
=105.71

MTN Nigeria Communications's EBIT per Share for the quarter that ended in Mar. 2026 is calculated as

EBIT per Share(Q: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=667051/20970.000
=31.81

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦121.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT per Share →
What does a EBIT per Share of ₦121.14 mean?
MTN Nigeria Communications (NSA:MTNN) has a EBIT per Share of ₦121.14 as of Mar. 2026. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on MTN Nigeria Communications and its competitors. According to the industry distribution chart, MTN Nigeria Communications ranks #31 out of 288 companies in the Telecommunication Services industry, placing it in the top 10.8%.
Is MTN Nigeria Communications' EBIT per Share too high?
MTN Nigeria Communications' current EBIT per Share is ₦121.14. Based on the distribution chart, MTN Nigeria Communications ranks #31 out of 288 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Nigeria Communications has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' EBIT per Share compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Nigeria Communications ranks #31 out of 288 companies for EBIT per Share. This places MTN Nigeria Communications in the top 11% of its industry — outperforming the majority of peers. The industry median EBIT per Share is 7.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for a Telecommunication Services company?
The median EBIT per Share among Telecommunication Services companies is 7.05, based on 288 companies in the industry. Companies in the top quartile (top 25%) have a EBIT per Share significantly above this median, while those in the bottom quartile fall well below. However, EBIT per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on MTN Nigeria Communications and its competitors. For the Telecommunication Services industry, the median EBIT per Share is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Nigeria Communications's current EBIT per Share is ₦121.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Nigeria Communications stock overvalued right now?
Based on GuruFocus' analysis, MTN Nigeria Communications (NSA:MTNN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦619.55, compared to a current price of ₦810.00 — trading 30.7% above its estimated fair value. The current EBIT per Share is ₦121.14. MTN Nigeria Communications' overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current EBIT per Share is ₦121.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MTN Nigeria Communications (NSA:MTNN) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Nigeria Communications stock appears to be overvalued. The current stock price of ₦810.00 is trading 30.7% above its estimated GF Value™ of ₦619.55. GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.

Key valuation signals for NSA:MTNN:

  • EBIT per Share: ₦121.14
  • GF Value™: ₦619.55 vs. price of ₦810.00 (30.7% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the NSA:MTNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTN Nigeria Communications Business Description

Address 4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA
MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, mobile broadband solutions, and fibre-to-the-home connectivity. The group operates in three reportable segments, namely, Consumer Business Unit (CBU), which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value, and Mass segments, Enterprise Business Unit (EBU), which consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU), which serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.
85GF Score

Get the complete analysis for NSA:MTNN

EBIT per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦810.00
Price
₦619.55
GF Value