Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MTN Nigeria CommunicationsNSA:MTNN 87 EV-to-EBIT is 7.10 as of Aug. 20, 2026, which is 16% below its 10-year median of 8.48. GuruFocus rates NSA:MTNN with a GF Score™ of 87/100 and a GF Value™ of ₦620.47 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 285 Telecommunication Services companies, MTN Nigeria Communications ranks better than 82.46% on this metric.
The historical rank and industry rank for MTN Nigeria Communications's EV-to-EBIT or its related term are showing as below:
NSA:MTNN'
s EV-to-EBIT Range Over the Past 10 Years
Min: -66.68 Med: 8.48 Max: 173.22
Current: 7.1
During the past 8 years, the highest EV-to-EBIT of MTN Nigeria Communications was 173.22. The lowest was -66.68. And the median was 8.48.
NSA:MTNN's EV-to-EBIT is ranked better than 82.46% of 285
companies
in the Telecommunication Services industry
Industry Median: 13.36
vs NSA:MTNN: 7.10
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
MTN Nigeria Communications's Enterprise Value for the quarter that ended in Jun. 2026 was ₦16,992,101 Mil.
MTN Nigeria Communications's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦2,642,609 Mil.
* 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 EV-to-EBIT Related Terms
MTN Nigeria Communications EV-to-EBIT Historical Data
* 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.
For the Telecom Services subindustry, MTN Nigeria Communications's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MTN Nigeria Communications EV-to-EBIT vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where MTN Nigeria Communications's EV-to-EBIT falls into.
MTN Nigeria Communications's current Enterprise Value is ₦18,773,389 Mil.
MTN Nigeria Communications's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦2,642,609 Mil.
* 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 (NSA:MTNN) has a EV-to-EBIT of 7.10 as of Aug. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MTN Nigeria Communications and its competitors. This is 16% below median its historical median of 8.48. According to the industry distribution chart, MTN Nigeria Communications ranks #50 out of 285 companies in the Telecommunication Services industry, placing it in the top 17.5%.
Is MTN Nigeria Communications' EV-to-EBIT too high?
MTN Nigeria Communications' current EV-to-EBIT of 7.10 is 16% below median its 10-year median of 8.48. The Telecommunication Services industry median EV-to-EBIT is 13.36. MTN Nigeria Communications' value of 7.10 is 46.9% below this industry median. Based on the distribution chart, MTN Nigeria Communications ranks #50 out of 285 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 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' EV-to-EBIT compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Nigeria Communications ranks #50 out of 285 companies for EV-to-EBIT. This places MTN Nigeria Communications in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.36. MTN Nigeria Communications' value of 7.10 is 46.9% below this benchmark. While the company's 10-year median is 8.48 vs. the industry median of 13.36, MTN Nigeria Communications has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Telecommunication Services company?
The median EV-to-EBIT among Telecommunication Services companies is 13.36, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Nigeria Communications's current EV-to-EBIT of 7.10 is 46.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MTN Nigeria Communications and its competitors. For the Telecommunication Services industry, the median EV-to-EBIT is 13.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Nigeria Communications's current EV-to-EBIT is 7.10, which is 16% below median its own 10-year median of 8.48. 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 Modestly Overvalued. The stock's GF Value™ is ₦620.47, compared to a current price of ₦805.00 — trading 29.7% above its estimated fair value. The current EV-to-EBIT is 7.10, which is 16% below median its 10-year median of 8.48 and 46.9% below the Telecommunication Services industry median of 13.36. MTN Nigeria Communications' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current EV-to-EBIT is 7.10 as of Aug. 20, 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 ₦805.00 is trading 29.7% above its estimated GF Value™ of ₦620.47.
GuruFocus considers MTN Nigeria Communications to be Modestly Overvalued.
Key valuation signals for NSA:MTNN:
EV-to-EBIT: 7.10 (16% below median its 10-year median of 8.48)
GF Value™: ₦620.47 vs. price of ₦805.00 (29.7% above fair value)
Industry Position: 46.9% below the Telecommunication Services median (#50 of 285)
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 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.
87GF Score
Get the complete analysis for NSA:MTNN
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:MTNN has been successfully added to your 
