MTN Nigeria CommunicationsNSA:MTNN 85 FCF Margin % is 21.73% as of Mar. 2026, which is 56% above its 10-year median of 13.94. GuruFocus rates NSA:MTNN with a GF Score™ of 85/100 and a GF Value™ of ₦612.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, MTN Nigeria Communications ranks better than 82.56% on this metric.
The historical rank and industry rank for MTN Nigeria Communications's FCF Margin % or its related term are showing as below:
NSA:MTNN'
s FCF Margin % Range Over the Past 10 Years
Min: -0.43 Med: 13.94 Max: 22.23
Current: 22.23
During the past 8 years, the highest FCF Margin % of MTN Nigeria Communications was 22.23%. The lowest was -0.43%. And the median was 13.94%.
NSA:MTNN's FCF Margin % is ranked better than 82.56% of 367
companies
in the Telecommunication Services industry
Industry Median: 8.25
vs NSA:MTNN: 22.23
MTN Nigeria Communications FCF Margin % Related Terms
MTN Nigeria Communications FCF Margin % 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 FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's FCF Margin % distribution charts can be found below:
* The bar in red indicates where MTN Nigeria Communications's FCF Margin % falls into.
* 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 FCF Margin % of 21.73% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MTN Nigeria Communications and its competitors. This is 56% above median its historical median of 13.94. According to the industry distribution chart, MTN Nigeria Communications ranks #64 out of 367 companies in the Telecommunication Services industry, placing it in the top 17.4%.
Is MTN Nigeria Communications' FCF Margin % too high?
MTN Nigeria Communications' current FCF Margin % of 21.73% is 56% above median its 10-year median of 13.94. The Telecommunication Services industry median FCF Margin % is 8.25. MTN Nigeria Communications' value of 21.73% is 163.4% above this industry median. Based on the distribution chart, MTN Nigeria Communications ranks #64 out of 367 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' FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Nigeria Communications ranks #64 out of 367 companies for FCF Margin %. This places MTN Nigeria Communications in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 8.25. MTN Nigeria Communications' value of 21.73% is 163.4% above this benchmark. While the company's 10-year median is 13.94 vs. the industry median of 8.25, MTN Nigeria Communications has consistently been above 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Nigeria Communications's current FCF Margin % of 21.73% is 163.4% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MTN Nigeria Communications and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Nigeria Communications's current FCF Margin % is 21.73%, which is 56% above median its own 10-year median of 13.94. 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 ₦612.30, compared to a current price of ₦830.00 — trading 35.6% above its estimated fair value. The current FCF Margin % is 21.73%, which is 56% above median its 10-year median of 13.94 and 163.4% above the Telecommunication Services industry median of 8.25. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current FCF Margin % is 21.73% 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 ₦830.00 is trading 35.6% above its estimated GF Value™ of ₦612.30.
GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.
Key valuation signals for NSA:MTNN:
FCF Margin %: 21.73% (56% above median its 10-year median of 13.94)
GF Value™: ₦612.30 vs. price of ₦830.00 (35.6% above fair value)
Industry Position: 163.4% above the Telecommunication Services median (#64 of 367)
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.
85GF Score
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