Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BOC KenyaNAI:BOC +0.44%72 EV-to-FCF is 4.69 as of Jul. 27, 2026, which is 62% above its 10-year median of 2.89. 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. Among 928 Chemicals companies, BOC Kenya ranks better than 90.84% on this metric.
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 for today is 4.69.
The historical rank and industry rank for BOC Kenya's EV-to-FCF or its related term are showing as below:
NAI:BOC'
s EV-to-FCF Range Over the Past 10 Years
Min: -1053.91 Med: 2.89 Max: 169.73
Current: 4.69
During the past 13 years, the highest EV-to-FCF of BOC Kenya was 169.73. The lowest was -1053.91. And the median was 2.89.
NAI:BOC's EV-to-FCF is ranked better than 90.84% of 928
companies
in the Chemicals industry
Industry Median: 21.205
vs NAI:BOC: 4.69
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.
BOC Kenya's share price for today is KES171.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was KES16.080.
* 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.
BOC Kenya EV-to-FCF Related Terms
BOC Kenya EV-to-FCF Historical Data
* Premium members only.
The historical data trend for BOC Kenya'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 Chemicals subindustry, BOC Kenya'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.
BOC Kenya EV-to-FCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, BOC Kenya's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where BOC Kenya's EV-to-FCF falls into.
BOC Kenya's current Enterprise Value is KES2,297 Mil.
For company reported semi-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 (NAI:BOC) has a EV-to-FCF of 4.69 as of Jul. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BOC Kenya and its competitors. This is 62% above median its historical median of 2.89. According to the industry distribution chart, BOC Kenya ranks #85 out of 928 companies in the Chemicals industry, placing it in the top 9.2%.
Is BOC Kenya's EV-to-FCF too high?
BOC Kenya's current EV-to-FCF of 4.69 is 62% above median its 10-year median of 2.89. The Chemicals industry median EV-to-FCF is 21.21. BOC Kenya's value of 4.69 is 77.9% below this industry median. Based on the distribution chart, BOC Kenya ranks #85 out of 928 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. 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 EV-to-FCF compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #85 out of 928 companies for EV-to-FCF. This places BOC Kenya in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 21.21. BOC Kenya's value of 4.69 is 77.9% below this benchmark. While the company's 10-year median is 2.89 vs. the industry median of 21.21, BOC Kenya 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 Chemicals company?
The median EV-to-FCF among Chemicals companies is 21.21, based on 928 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. BOC Kenya's current EV-to-FCF of 4.69 is 77.9% 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 BOC Kenya and its competitors. For the Chemicals industry, the median EV-to-FCF is 21.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current EV-to-FCF is 4.69, which is 62% above median its own 10-year median of 2.89. 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 EV-to-FCF is 4.69, which is 62% above median its 10-year median of 2.89 and 77.9% below the Chemicals industry median of 21.21. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For BOC Kenya (NAI:BOC), the current EV-to-FCF is 4.69 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:
EV-to-FCF: 4.69 (62% above median its 10-year median of 2.89)
GF Value™: KES90.18 vs. price of KES171.00 (89.6% above fair value)
Industry Position: 77.9% below the Chemicals median (#85 of 928)
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 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
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAI:BOC has been successfully added to your 
