Safaricom (NAI:SCOM) EV-to-FCF: 20.21 (As of Jul. 07, 2026) — Near Median


NAI:SCOM Safaricom PLC NAI:SCOM
100 GF Score
Price KES35.15
GF Value KES21.88
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Safaricom EV-to-FCF?

Safaricom NAI:SCOM +2.18% 100 EV-to-FCF is 20.21 as of Jul. 07, 2026, which is 2% above its 10-year median of 19.87. GuruFocus rates NAI:SCOM with a GF Score™ of 100/100 and a GF Value™ of KES21.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 250 Telecommunication Services companies, Safaricom ranks worse than 63.6% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Safaricom's Enterprise Value is KES1,577,896 Mil. Safaricom's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was KES78,083 Mil. Therefore, Safaricom's EV-to-FCF for today is 20.21.

The historical rank and industry rank for Safaricom's EV-to-FCF or its related term are showing as below:

NAI:SCOM' s EV-to-FCF Range Over the Past 10 Years
Min: -56.64   Med: 19.87   Max: 97.79
Current: 19.72

During the past 13 years, the highest EV-to-FCF of Safaricom was 97.79. The lowest was -56.64. And the median was 19.87.

NAI:SCOM's EV-to-FCF is ranked worse than
63.6% of 250 companies
in the Telecommunication Services industry
Industry Median: 15.32 vs NAI:SCOM: 19.72

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.

As of today (2026-07-07), Safaricom's stock price is KES35.15. Safaricom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was KES2.400. Therefore, Safaricom's PE Ratio (TTM) for today is 14.65.


Safaricom  (NAI:SCOM) EV-to-FCF Explanation

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.

Safaricom's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.15/2.400
=14.65

Safaricom's share price for today is KES35.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Safaricom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was KES2.400.

* 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.


Safaricom EV-to-FCF Related Terms


Safaricom EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Safaricom'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.

Safaricom EV-to-FCF Chart

Safaricom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.91 20.19 93.32 14.40 16.20

Safaricom Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-FCF 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 93.32 0.00 14.40 0.00 16.20

NAI:SCOM vs TMUS, VZ, T: EV-to-FCF Comparison

For the Telecom Services subindustry, Safaricom'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.


Safaricom EV-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Safaricom's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Safaricom's EV-to-FCF falls into.


NAI:SCOM
100GF Score
Safaricom PLC NAI:SCOM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safaricom EV-to-FCF Calculation

Safaricom's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1577896.294/78083.4
=20.21

Safaricom's current Enterprise Value is KES1,577,896 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Safaricom's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was KES78,083 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-FCF →
What does a EV-to-FCF of 20.21 mean?
Safaricom (NAI:SCOM) has a EV-to-FCF of 20.21 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Safaricom and its competitors. This is near median its historical median of 19.87. According to the industry distribution chart, Safaricom ranks #159 out of 250 companies in the Telecommunication Services industry, placing it in the top 63.6%.
Is Safaricom's EV-to-FCF too high?
Safaricom's current EV-to-FCF of 20.21 is near median its 10-year median of 19.87. The Telecommunication Services industry median EV-to-FCF is 15.32. Safaricom's value of 20.21 is 31.9% above this industry median. Based on the distribution chart, Safaricom ranks #159 out of 250 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Safaricom has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safaricom's EV-to-FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Safaricom ranks #159 out of 250 companies for EV-to-FCF. This places Safaricom in the lower half of its industry. The industry median EV-to-FCF is 15.32. Safaricom's value of 20.21 is 31.9% above this benchmark. While the company's 10-year median is 19.87 vs. the industry median of 15.32, Safaricom has consistently been above 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 15.32, based on 250 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. Safaricom's current EV-to-FCF of 20.21 is 31.9% above 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 Safaricom and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safaricom's current EV-to-FCF is 20.21, which is near median its own 10-year median of 19.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safaricom stock overvalued right now?
Based on GuruFocus' analysis, Safaricom (NAI:SCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is KES21.88, compared to a current price of KES35.15 — trading 60.6% above its estimated fair value. The current EV-to-FCF is 20.21, which is near median its 10-year median of 19.87 and 31.9% above the Telecommunication Services industry median of 15.32. Safaricom's overall GF Score™ is 100/100 with 5 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 Safaricom (NAI:SCOM), the current EV-to-FCF is 20.21 as of Jul. 07, 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 Safaricom (NAI:SCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Safaricom stock appears to be overvalued. The current stock price of KES35.15 is trading 60.6% above its estimated GF Value™ of KES21.88. GuruFocus considers Safaricom to be Significantly Overvalued.

Key valuation signals for NAI:SCOM:

  • EV-to-FCF: 20.21 (near median its 10-year median of 19.87)
  • GF Value™: KES21.88 vs. price of KES35.15 (60.6% above fair value)
  • GF Score™: 100/100 with 5 warning signs
  • Industry Position: 31.9% above the Telecommunication Services median (#159 of 250)

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


Safaricom Business Description

Address Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800
Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.
100GF Score

Get the complete analysis for NAI:SCOM

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

KES35.15
Price
KES21.88
GF Value