MTN Nigeria Communications (NSA:MTNN) Total Operating Expense: ₦1,549,352 Mil (TTM As of Mar. 2026)


NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
85 GF Score
Price ₦780.00
GF Value ₦617.89
Valuation Modestly Overvalued
! 1 Warning Sign
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What is MTN Nigeria Communications Total Operating Expense?

MTN Nigeria Communications NSA:MTNN +2.62% 85 Total Operating Expense is ₦1,549,352 Mil as of Mar. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 85/100 and a GF Value™ of ₦617.89 (Modestly Overvalued). The stock has 1 warning sign investors should review.

MTN Nigeria Communications's Total Operating Expense for the three months ended in Mar. 2026 was ₦457,716 Mil. MTN Nigeria Communications's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦1,549,352 Mil.

MTN Nigeria Communications Total Operating Expense Related Terms

MTN Nigeria Communications Total Operating Expense Historical Data

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The historical data trend for MTN Nigeria Communications's Total Operating 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 Total Operating Expense Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 514,824.00 602,672.00 796,920.00 1,048,663.00 1,378,222.00

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
Total Operating 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 287,939.00 334,123.00 358,909.00 398,604.00 457,716.00
NSA:MTNN
85GF Score
MTN Nigeria Communications PLC NSA:MTNN
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Nigeria Communications Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ₦1,549,352 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 Total Operating Expense of ₦1,549,352 Mil mean?
MTN Nigeria Communications (NSA:MTNN) has a Total Operating Expense of ₦1,549,352 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on MTN Nigeria Communications and its competitors.
Is MTN Nigeria Communications' Total Operating Expense too high?
MTN Nigeria Communications' current Total Operating Expense is ₦1,549,352 Mil. Overall, MTN Nigeria Communications has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Total Operating Expense compare to TMUS and VZ?
MTN Nigeria Communications' Total Operating Expense of ₦1,549,352 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 Total Operating Expense for a Telecommunication Services company?
A good Total Operating Expense depends on the Telecommunication Services industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on MTN Nigeria Communications and its competitors. MTN Nigeria Communications's current Total Operating Expense is ₦1,549,352 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 Modestly Overvalued. The stock's GF Value™ is ₦617.89, compared to a current price of ₦780.00 — trading 26.2% above its estimated fair value. The current Total Operating Expense is ₦1,549,352 Mil. MTN Nigeria Communications' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current Total Operating Expense is ₦1,549,352 Mil 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 ₦780.00 is trading 26.2% above its estimated GF Value™ of ₦617.89. GuruFocus considers MTN Nigeria Communications to be Modestly Overvalued.

Key valuation signals for NSA:MTNN:

  • Total Operating Expense: ₦1,549,352 Mil
  • GF Value™: ₦617.89 vs. price of ₦780.00 (26.2% above fair value)
  • GF Score™: 85/100 with 1 warning sign

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

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦780.00
Price
₦617.89
GF Value