Airtel AfricaMEX:AAFN 39 EV-to-FCF is 9.29 as of Jun. 25, 2026, which is 4% above its 10-year median of 8.91. GuruFocus rates MEX:AAFN with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 253 Telecommunication Services companies, Airtel Africa ranks better than 73.91% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Airtel Africa's Enterprise Value is MXN393,302 Mil.
Airtel Africa's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42,338 Mil. Therefore, Airtel Africa's EV-to-FCF for today is 9.29.
The historical rank and industry rank for Airtel Africa's EV-to-FCF or its related term are showing as below:
MEX:AAFN'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.56 Med: 8.91 Max: 77.56
Current: 9.76
During the past 10 years, the highest EV-to-FCF of Airtel Africa was 77.56. The lowest was 2.56. And the median was 8.91.
MEX:AAFN's EV-to-FCF is ranked better than 73.91% of 253
companies
in the Telecommunication Services industry
Industry Median: 15.18
vs MEX:AAFN: 9.76
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Airtel Africa's PE Ratio (TTM) for today is calculated as:
Airtel Africa's share price for today is MXN86.92.
Airtel Africa's Earnings per Share (Diluted) 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 MXN3.414.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Airtel Africa EV-to-FCF Related Terms
Airtel Africa EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Airtel Africa's EV-to-FCF 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.
For the Telecom Services subindustry, Airtel Africa's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Airtel Africa EV-to-FCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Airtel Africa's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Airtel Africa's EV-to-FCF falls into.
Airtel Africa's current Enterprise Value is MXN393,302 Mil.
Airtel Africa's Free Cash Flow 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 MXN42,338 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.
Airtel Africa (MEX:AAFN) has a EV-to-FCF of 9.29 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Airtel Africa and its competitors. This is near median its historical median of 8.91. Over the past decade, Airtel Africa's EV-to-FCF has ranged from 2.56 to 77.56. According to the industry distribution chart, Airtel Africa ranks #66 out of 253 companies in the Telecommunication Services industry, placing it in the top 26.1%.
Is Airtel Africa's EV-to-FCF too high?
Airtel Africa's current EV-to-FCF of 9.29 is near median its 10-year median of 8.91. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 77.56. The Telecommunication Services industry median EV-to-FCF is 15.18. Airtel Africa's value of 9.29 is 38.8% below this industry median. Based on the distribution chart, Airtel Africa ranks #66 out of 253 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Airtel Africa has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's EV-to-FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #66 out of 253 companies for EV-to-FCF. This puts Airtel Africa in the upper half of its industry. The industry median EV-to-FCF is 15.18. Airtel Africa's value of 9.29 is 38.8% below this benchmark. Historically, Airtel Africa's own EV-to-FCF has ranged from 2.56 to 77.56 over the past decade. While the company's 10-year median is 8.91 vs. the industry median of 15.18, Airtel Africa 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-FCF for a Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 15.18, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current EV-to-FCF of 9.29 is 38.8% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current EV-to-FCF is 9.29, which is near median its own 10-year median of 8.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (MEX:AAFN) has a current EV-to-FCF of 9.29. The current EV-to-FCF is 9.29, which is near median its 10-year median of 8.91 and 38.8% below the Telecommunication Services industry median of 15.18. Airtel Africa's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Airtel Africa (MEX:AAFN), the current EV-to-FCF is 9.29 as of Jun. 25, 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.
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
39GF Score
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