MTN Nigeria Communications (NSA:MTNN) Selling, General, & Admin. Expense: ₦173,437 Mil (TTM As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
84 GF Score
Price ₦845.00
GF Value ₦613.99
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MTN Nigeria Communications Selling, General, & Admin. Expense?

MTN Nigeria Communications NSA:MTNN 84 Selling, General, & Admin. Expense is ₦173,437 Mil as of Jun. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 84/100 and a GF Value™ of ₦613.99 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. MTN Nigeria Communications's selling, general, & admin. expense for the three months ended in Jun. 2026 was ₦42,321 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₦173,437 Mil.


MTN Nigeria Communications  (NSA:MTNN) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


MTN Nigeria Communications Selling, General, & Admin. Expense Related Terms


MTN Nigeria Communications Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for MTN Nigeria Communications's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 53,732.00 68,760.00 91,114.00 110,087.00 154,118.00

MTN Nigeria Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 34,518.00 38,384.00 51,461.00 41,271.00 42,321.00

NSA:MTNN vs VZ, TMUS, T: Selling, General, & Admin. Expense Comparison

For the Telecom Services subindustry, MTN Nigeria Communications's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where MTN Nigeria Communications's Selling, General, & Admin. Expense falls into.


NSA:MTNN
84GF Score
MTN Nigeria Communications PLC NSA:MTNN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Nigeria Communications Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 ₦173,437 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.

What does a Selling, General, & Admin. Expense of ₦173,437 Mil mean?
MTN Nigeria Communications (NSA:MTNN) has a Selling, General, & Admin. Expense of ₦173,437 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on MTN Nigeria Communications and its competitors.
Is MTN Nigeria Communications' Selling, General, & Admin. Expense too high?
MTN Nigeria Communications' current Selling, General, & Admin. Expense is ₦173,437 Mil. Overall, MTN Nigeria Communications has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Selling, General, & Admin. Expense compare to VZ and TMUS?
MTN Nigeria Communications' Selling, General, & Admin. Expense of ₦173,437 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Telecommunication Services company?
A good Selling, General, & Admin. Expense depends on the Telecommunication Services industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on MTN Nigeria Communications and its competitors. MTN Nigeria Communications's current Selling, General, & Admin. Expense is ₦173,437 Mil. 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 ₦613.99, compared to a current price of ₦845.00 — trading 37.6% above its estimated fair value. The current Selling, General, & Admin. Expense is ₦173,437 Mil. MTN Nigeria Communications' overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current Selling, General, & Admin. Expense is ₦173,437 Mil as of Jun. 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 ₦845.00 is trading 37.6% above its estimated GF Value™ of ₦613.99. GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.

Key valuation signals for NSA:MTNN:

  • Selling, General, & Admin. Expense: ₦173,437 Mil
  • GF Value™: ₦613.99 vs. price of ₦845.00 (37.6% above fair value)
  • GF Score™: 84/100 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.
84GF Score

Get the complete analysis for NSA:MTNN

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦845.00
Price
₦613.99
GF Value