Safaricom (NAI:SCOM) EBIT: KES146,503 Mil (TTM As of Mar. 2026)


NAI:SCOM Safaricom PLC NAI:SCOM
100 GF Score
Price KES33.60
GF Value KES21.81
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Safaricom EBIT?

Safaricom NAI:SCOM +1.97% 100 EBIT is KES146,503 Mil as of Mar. 2026. GuruFocus rates NAI:SCOM with a GF Score™ of 100/100 and a GF Value™ of KES21.81 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Safaricom's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was KES81,371 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was KES146,503 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safaricom's annualized ROC % for the quarter that ended in Mar. 2026 was 20.13%. Safaricom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 55.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safaricom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.67%.


Safaricom  (NAI:SCOM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Safaricom's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=160396 * ( 1 - 37.85% )/( (501563.4 + 488803.5)/ 2 )
=99686.114/495183.45
=20.13 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=508594.7 - 80262.6 - ( 30204.1 - max(0, 162812.5 - 89581.2+30204.1))
=501563.4

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=518045.4 - 84739.8 - ( 26955.3 - max(0, 135444.7 - 79946.8+26955.3))
=488803.5

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Safaricom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=162742.6/( ( (291863.1 + max(-45211.5, 0)) + (289881.2 + max(-57344, 0)) )/ 2 )
=162742.6/( ( 291863.1 + 289881.2 )/ 2 )
=162742.6/290872.15
=55.95 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47451.4 + 1842.8 + 1745.4) - (80262.6 + 0 + 15988.5)
=-45211.5

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39416.9 + 1619.5 + 2699.1) - (84739.8 + 0 + 16339.7)
=-57344

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Safaricom's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=146502.9/1515794.881
=9.67 %

* 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.


Safaricom EBIT Related Terms


Safaricom EBIT Historical Data

* Premium members only.

The historical data trend for Safaricom's EBIT 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.

Safaricom EBIT Chart

Safaricom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107,561.10 99,390.30 103,675.50 114,119.90 146,502.90

Safaricom Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT 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 49,613.80 44,773.20 69,346.70 65,131.60 81,371.30

NAI:SCOM vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Safaricom'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.


Safaricom EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Safaricom's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Safaricom's EV-to-EBIT falls into.


NAI:SCOM
100GF Score
Safaricom PLC NAI:SCOM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Safaricom EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was KES146,503 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of KES146,503 Mil mean?
Safaricom (NAI:SCOM) has a EBIT of KES146,503 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Safaricom.
Is Safaricom's EBIT too high?
Safaricom's current EBIT is KES146,503 Mil. Overall, Safaricom has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safaricom's EBIT compare to TMUS and VZ?
Safaricom's EBIT of KES146,503 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 EBIT for a Telecommunication Services company?
A good EBIT depends on the Telecommunication Services industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Safaricom. Safaricom's current EBIT is KES146,503 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safaricom stock overvalued right now?
Based on GuruFocus' analysis, Safaricom (NAI:SCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is KES21.81, compared to a current price of KES33.60 — trading 54.1% above its estimated fair value. The current EBIT is KES146,503 Mil. Safaricom's overall GF Score™ is 100/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Safaricom (NAI:SCOM), the current EBIT is KES146,503 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 Safaricom (NAI:SCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Safaricom stock appears to be overvalued. The current stock price of KES33.60 is trading 54.1% above its estimated GF Value™ of KES21.81. GuruFocus considers Safaricom to be Significantly Overvalued.

Key valuation signals for NAI:SCOM:

  • EBIT: KES146,503 Mil
  • GF Value™: KES21.81 vs. price of KES33.60 (54.1% above fair value)
  • GF Score™: 100/100 with 4 warning signs

No single metric tells the full story. See the NAI:SCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safaricom Business Description

Address Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800
Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.
100GF Score

Get the complete analysis for NAI:SCOM

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

KES33.60
Price
KES21.81
GF Value