BOC Kenya (NAI:BOC) Enterprise Value: KES2,297 Mil (As of Jul. 27, 2026) ***

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NAI:BOC BOC Kenya PLC NAI:BOC
72 GF Score
Price KES171.00
GF Value KES90.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BOC Kenya Enterprise Value?

BOC Kenya NAI:BOC +0.44% 72 Enterprise Value is KES2,297 Mil as of Jul. 27, 2026. GuruFocus rates NAI:BOC with a GF Score™ of 72/100 and a GF Value™ of KES90.18 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, BOC Kenya's Enterprise Value is KES2,297 Mil. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 Mil. Therefore, BOC Kenya's EV-to-EBIT ratio for today is 5.18.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BOC Kenya's Enterprise Value is KES2,297 Mil. BOC Kenya's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was KES506 Mil. Therefore, BOC Kenya's EV-to-EBITDA ratio for today is 4.54.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BOC Kenya's Enterprise Value is KES2,297 Mil. BOC Kenya's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was KES1,427 Mil. Therefore, BOC Kenya's EV-to-Revenue ratio for today is 1.61.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, BOC Kenya's Enterprise Value is KES2,297 Mil. BOC Kenya's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was KES491 Mil. Therefore, BOC Kenya's EV-to-OCF ratio for today is 4.68.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, BOC Kenya's Enterprise Value is KES2,297 Mil. BOC Kenya's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES490 Mil. Therefore, BOC Kenya's EV-to-FCF ratio for today is 4.69.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


BOC Kenya  (NAI:BOC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

BOC Kenya's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2296.792/443.663
=5.18

BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

BOC Kenya's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2296.792/506.252
=4.54

BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was KES506 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

BOC Kenya's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2296.792/1427.046
=1.61

BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was KES1,427 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

BOC Kenya's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2296.792/491.054
=4.68

BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was KES491 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

BOC Kenya's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2296.792/489.671
=4.69

BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES490 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.


BOC Kenya Enterprise Value Related Terms


BOC Kenya Enterprise Value Historical Data

* Premium members only.

The historical data trend for BOC Kenya's Enterprise Value 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.

BOC Kenya Enterprise Value Chart

BOC Kenya Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 789.73 1,113.01 976.28 1,064.62 1,437.62

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 789.73 1,113.01 976.28 1,064.62 1,437.62

NAI:BOC vs DOW: Enterprise Value Comparison

For the Chemicals subindustry, BOC Kenya's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


BOC Kenya Enterprise Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Enterprise Value distribution charts can be found below:

* The bar in red indicates where BOC Kenya's Enterprise Value falls into.


NAI:BOC
72GF Score
BOC Kenya PLC NAI:BOC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

BOC Kenya's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

BOC Kenya's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of KES2,297 Mil mean?
BOC Kenya (NAI:BOC) has a Enterprise Value of KES2,297 Mil as of Jul. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BOC Kenya and its competitors.
Is BOC Kenya's Enterprise Value too high?
BOC Kenya's current Enterprise Value is KES2,297 Mil. Overall, BOC Kenya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Enterprise Value compare to DOW?
BOC Kenya's Enterprise Value of KES2,297 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Chemicals company?
A good Enterprise Value depends on the Chemicals industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BOC Kenya and its competitors. BOC Kenya's current Enterprise Value is KES2,297 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.18, compared to a current price of KES171.00 — trading 89.6% above its estimated fair value. The current Enterprise Value is KES2,297 Mil. BOC Kenya's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For BOC Kenya (NAI:BOC), the current Enterprise Value is KES2,297 Mil as of Jul. 27, 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 BOC Kenya (NAI:BOC) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued. The current stock price of KES171.00 is trading 89.6% above its estimated GF Value™ of KES90.18. GuruFocus considers BOC Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BOC:

  • Enterprise Value: KES2,297 Mil
  • GF Value™: KES90.18 vs. price of KES171.00 (89.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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


BOC Kenya Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
72GF Score

Get the complete analysis for NAI:BOC

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

KES171.00
Price
KES90.18
GF Value