Ratings MTN Nigeria Communications PLC

Equities

MTNN

NGMTNN000002

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-05-09 pm EDT			5-day change	1st Jan Change
220 ^NGN	0.00%		+2.33%	-16.67%

Apr. 30	MTN Nigeria Communications PLC Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 25	South Africa's MTN annual profit slumps on Nigeria naira devaluation	RE

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The company's profit outlook over the next few years is a strong asset.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

Weaknesses

With an expected P/E ratio at 131.74 and 9.23 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

Ratings chart - Surperformance

Sector: Integrated Telecommunications Services

	1st Jan change	Capi.	ESG Refinitiv
MTN NIGERIA COMMUNICATIONS PLC	-16.67%	3.2B	-
CHINA MOBILE LIMITED	+13.81%	207B	B+
VERIZON COMMUNICATIONS	+7.60%	170B	C
DEUTSCHE TELEKOM AG	+1.20%	117B	A-
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-7.02%	87.54B	B-
CHINA TELECOM CORPORATION LIMITED	+18.72%	72.29B	B-
AMÉRICA MÓVIL, S.A.B. DE C.V.	+7.94%	62.8B	B
SAUDI TELECOM COMPANY	-5.69%	50.97B	B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	-15.78%	39.73B	B
CHARTER COMMUNICATIONS, INC.	-28.58%	39.69B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes