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KenGen CoNAI:KEGN +0.44%76 EV-to-FCF is 4.61 as of Aug. 17, 2026, which is 61% below its 10-year median of 11.80. GuruFocus rates NAI:KEGN with a GF Score™ of 76/100 and a GF Value™ of KES3.02 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 301 Utilities - Regulated companies, KenGen Co ranks better than 92.36% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, KenGen Co's Enterprise Value is KES165,486 Mil.
KenGen Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES35,933 Mil. Therefore, KenGen Co's EV-to-FCF for today is 4.61.
The historical rank and industry rank for KenGen Co's EV-to-FCF or its related term are showing as below:
NAI:KEGN'
s EV-to-FCF Range Over the Past 10 Years
Min: 3.87 Med: 11.8 Max: 4668.96
Current: 4.61
During the past 13 years, the highest EV-to-FCF of KenGen Co was 4668.96. The lowest was 3.87. And the median was 11.80.
NAI:KEGN's EV-to-FCF is ranked better than 92.36% of 301
companies
in the Utilities - Regulated industry
Industry Median: 18.9
vs NAI:KEGN: 4.61
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.
KenGen Co's share price for today is KES11.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KenGen Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was KES1.430.
* 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.
KenGen Co EV-to-FCF Related Terms
KenGen Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for KenGen Co'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 Utilities - Regulated Electric subindustry, KenGen Co'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.
KenGen Co EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, KenGen Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where KenGen Co's EV-to-FCF falls into.
KenGen Co's current Enterprise Value is KES165,486 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KenGen Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES35,933 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.
KenGen Co (NAI:KEGN) has a EV-to-FCF of 4.61 as of Aug. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on KenGen Co and its competitors. This is 61% below median its historical median of 11.80. Over the past decade, KenGen Co's EV-to-FCF has ranged from 3.87 to 4,668.96. According to the industry distribution chart, KenGen Co ranks #23 out of 301 companies in the Utilities - Regulated industry, placing it in the top 7.6%.
Is KenGen Co's EV-to-FCF too high?
KenGen Co's current EV-to-FCF of 4.61 is 61% below median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 4,668.96. The Utilities - Regulated industry median EV-to-FCF is 18.90. KenGen Co's value of 4.61 is 75.6% below this industry median. Based on the distribution chart, KenGen Co ranks #23 out of 301 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, KenGen Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KenGen Co's EV-to-FCF compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, KenGen Co ranks #23 out of 301 companies for EV-to-FCF. This places KenGen Co in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 18.90. KenGen Co's value of 4.61 is 75.6% below this benchmark. Historically, KenGen Co's own EV-to-FCF has ranged from 3.87 to 4,668.96 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 18.90, KenGen 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-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.90, based on 301 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. KenGen Co's current EV-to-FCF of 4.61 is 75.6% 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-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 KenGen Co and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KenGen Co's current EV-to-FCF is 4.61, which is 61% below median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KenGen Co stock overvalued right now?
Based on GuruFocus' analysis, KenGen Co (NAI:KEGN) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.02, compared to a current price of KES11.30 — trading 274.2% above its estimated fair value. The current EV-to-FCF is 4.61, which is 61% below median its 10-year median of 11.80 and 75.6% below the Utilities - Regulated industry median of 18.90. KenGen Co's overall GF Score™ is 76/100 with 9 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 KenGen Co (NAI:KEGN), the current EV-to-FCF is 4.61 as of Aug. 17, 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 KenGen Co (NAI:KEGN) Overvalued in 2026?
Based on GuruFocus' analysis, KenGen Co stock appears to be overvalued.
The current stock price of KES11.30 is trading 274.2% above its estimated GF Value™ of KES3.02.
GuruFocus considers KenGen Co to be Significantly Overvalued.
Key valuation signals for NAI:KEGN:
EV-to-FCF: 4.61 (61% below median its 10-year median of 11.80)
GF Value™: KES3.02 vs. price of KES11.30 (274.2% above fair value)
Industry Position: 75.6% below the Utilities - Regulated median (#23 of 301)
No single metric tells the full story. See the NAI:KEGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KenGen Co PLC is East Africa's electric power producer, mandated to develop, manage, and operate power plants to generate electricity, including geothermal energy and thermal energy. The Company's primary reportable segment is electricity generation, which is its sole product and revenue stream. In line with its revenue diversification strategy, it has undertaken drilling and consultancy services in Ethiopia, Djibouti, and Eswatini, with drilling operations in Ethiopia and Djibouti now concluded. All its plants are based in Kenya and operate within one geographical location.
76GF Score
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