The Kenya Power & Lighting Co (NAI:KPLC) EV-to-EBITDA: 3.22 (As of Sep. 06, 2026) — 27% Below Median

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NAI:KPLC The Kenya Power & Lighting Co PLC NAI:KPLC
60 GF Score
Price KES24.00
GF Value KES2.45
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is The Kenya Power & Lighting Co EV-to-EBITDA?

The Kenya Power & Lighting Co NAI:KPLC -1.23% 60 EV-to-EBITDA is 3.22 as of Sep. 06, 2026, which is 27% below its 10-year median of 4.44. GuruFocus rates NAI:KPLC with a GF Score™ of 60/100 and a GF Value™ of KES2.45 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 470 Utilities - Regulated companies, The Kenya Power & Lighting Co ranks better than 91.7% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, The Kenya Power & Lighting Co's enterprise value is KES127,493 Mil. The Kenya Power & Lighting Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was KES39,562 Mil. Therefore, The Kenya Power & Lighting Co's EV-to-EBITDA for today is 3.22.

The historical rank and industry rank for The Kenya Power & Lighting Co's EV-to-EBITDA or its related term are showing as below:

NAI:KPLC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.37   Med: 4.44   Max: 5.65
Current: 3.22

During the past 13 years, the highest EV-to-EBITDA of The Kenya Power & Lighting Co was 5.65. The lowest was 1.37. And the median was 4.44.

NAI:KPLC's EV-to-EBITDA is ranked better than
91.7% of 470 companies
in the Utilities - Regulated industry
Industry Median: 9.93 vs NAI:KPLC: 3.22

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-06), The Kenya Power & Lighting Co's stock price is KES24.00. The Kenya Power & Lighting Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was KES12.760. Therefore, The Kenya Power & Lighting Co's PE Ratio (TTM) for today is 1.88.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


The Kenya Power & Lighting Co  (NAI:KPLC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

The Kenya Power & Lighting Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.00/12.760
=1.88

The Kenya Power & Lighting Co's share price for today is KES24.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The Kenya Power & Lighting Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was KES12.760.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


The Kenya Power & Lighting Co EV-to-EBITDA Related Terms


The Kenya Power & Lighting Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for The Kenya Power & Lighting Co's EV-to-EBITDA 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.

The Kenya Power & Lighting Co EV-to-EBITDA Chart

The Kenya Power & Lighting Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 3.52 5.31 1.37 1.81

The Kenya Power & Lighting Co Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA 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 0.00 1.37 0.00 1.81 0.00

NAI:KPLC vs NEE, SO, DUK: EV-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, The Kenya Power & Lighting Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


The Kenya Power & Lighting Co EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The Kenya Power & Lighting Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Kenya Power & Lighting Co's EV-to-EBITDA falls into.


NAI:KPLC
60GF Score
The Kenya Power & Lighting Co PLC NAI:KPLC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Kenya Power & Lighting Co EV-to-EBITDA Calculation

The Kenya Power & Lighting Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=127492.757/39562.104
=3.22

The Kenya Power & Lighting Co's current Enterprise Value is KES127,493 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The Kenya Power & Lighting Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was KES39,562 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 3.22 mean?
The Kenya Power & Lighting Co (NAI:KPLC) has a EV-to-EBITDA of 3.22 as of Sep. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Kenya Power & Lighting Co. This is 27% below median its historical median of 4.44. Over the past decade, The Kenya Power & Lighting Co's EV-to-EBITDA has ranged from 1.37 to 5.65. According to the industry distribution chart, The Kenya Power & Lighting Co ranks #39 out of 470 companies in the Utilities - Regulated industry, placing it in the top 8.3%.
Is The Kenya Power & Lighting Co's EV-to-EBITDA too high?
The Kenya Power & Lighting Co's current EV-to-EBITDA of 3.22 is 27% below median its 10-year median of 4.44. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 5.65. The Utilities - Regulated industry median EV-to-EBITDA is 9.93. The Kenya Power & Lighting Co's value of 3.22 is 67.6% below this industry median. Based on the distribution chart, The Kenya Power & Lighting Co ranks #39 out of 470 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, The Kenya Power & Lighting Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Kenya Power & Lighting Co's EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, The Kenya Power & Lighting Co ranks #39 out of 470 companies for EV-to-EBITDA. This places The Kenya Power & Lighting Co in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.93. The Kenya Power & Lighting Co's value of 3.22 is 67.6% below this benchmark. Historically, The Kenya Power & Lighting Co's own EV-to-EBITDA has ranged from 1.37 to 5.65 over the past decade. While the company's 10-year median is 4.44 vs. the industry median of 9.93, The Kenya Power & Lighting Co has consistently been below 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.93, based on 470 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Kenya Power & Lighting Co's current EV-to-EBITDA of 3.22 is 67.6% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Kenya Power & Lighting Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kenya Power & Lighting Co's current EV-to-EBITDA is 3.22, which is 27% below median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kenya Power & Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, The Kenya Power & Lighting Co (NAI:KPLC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.45, compared to a current price of KES24.00 — trading 879.6% above its estimated fair value. The current EV-to-EBITDA is 3.22, which is 27% below median its 10-year median of 4.44 and 67.6% below the Utilities - Regulated industry median of 9.93. The Kenya Power & Lighting Co's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For The Kenya Power & Lighting Co (NAI:KPLC), the current EV-to-EBITDA is 3.22 as of Sep. 06, 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 The Kenya Power & Lighting Co (NAI:KPLC) Overvalued in 2026?

Based on GuruFocus' analysis, The Kenya Power & Lighting Co stock appears to be overvalued. The current stock price of KES24.00 is trading 879.6% above its estimated GF Value™ of KES2.45. GuruFocus considers The Kenya Power & Lighting Co to be Significantly Overvalued.

Key valuation signals for NAI:KPLC:

  • EV-to-EBITDA: 3.22 (27% below median its 10-year median of 4.44)
  • GF Value™: KES2.45 vs. price of KES24.00 (879.6% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 67.6% below the Utilities - Regulated median (#39 of 470)

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


The Kenya Power & Lighting Co Business Description

Address Kolobot Road, Parklands, Stima Plaza, Po Box 30099, Nairobi, KEN, 00100
The Kenya Power & Lighting Co PLC is an electric power distribution company. The core business of the company includes transmission, distribution, and retail of electricity throughout Kenya. The company's business is organized by regions comprising Nairobi, Mount Kenya, Coast, and West Kenya. The firm also owns and operates an electricity transmission and distribution system in Kenya. The majority of the company's revenue is derived from the Nairobi region.
60GF Score

Get the complete analysis for NAI:KPLC

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

KES24.00
Price
KES2.45
GF Value