AECI (JSE:AFE) FCF Margin %: 8.45% (As of Dec. 2025) — 235% Above Median


JSE:AFE AECI Ltd JSE:AFE
62 GF Score
Price R125.54
GF Value R90.99
Valuation Significantly Overvalued
! 6 Warning Signs
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What is AECI FCF Margin %?

AECI JSE:AFE +2.82% 62 FCF Margin % is 8.45% as of Dec. 2025, which is 235% above its 10-year median of 2.52. GuruFocus rates JSE:AFE with a GF Score™ of 62/100 and a GF Value™ of R90.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,581 Chemicals companies, AECI ranks better than 59.2% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AECI's Free Cash Flow for the six months ended in Dec. 2025 was R1,393 Mil. AECI's Revenue for the six months ended in Dec. 2025 was R16,494 Mil. Therefore, AECI's FCF Margin % for the quarter that ended in Dec. 2025 was 8.45%.

As of today, AECI's current FCF Yield % is 9.62%.

The historical rank and industry rank for AECI's FCF Margin % or its related term are showing as below:

JSE:AFE' s FCF Margin % Range Over the Past 10 Years
Min: -6.26   Med: 2.52   Max: 7.87
Current: 3.96


During the past 13 years, the highest FCF Margin % of AECI was 7.87%. The lowest was -6.26%. And the median was 2.52%.

JSE:AFE's FCF Margin % is ranked better than
59.2% of 1581 companies
in the Chemicals industry
Industry Median: 1.78 vs JSE:AFE: 3.96


AECI FCF Margin % Related Terms


AECI FCF Margin % Historical Data

* Premium members only.

The historical data trend for AECI's FCF Margin % 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.

AECI FCF Margin % Chart

AECI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -6.26 4.46 2.25 3.96

AECI Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % 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 11.05 -5.03 8.91 -0.75 8.45

JSE:AFE vs LIN, SHW, ECL: FCF Margin % Comparison

For the Specialty Chemicals subindustry, AECI's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


AECI FCF Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, AECI's FCF Margin % distribution charts can be found below:

* The bar in red indicates where AECI's FCF Margin % falls into.


JSE:AFE
62GF Score
AECI Ltd JSE:AFE
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AECI FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

AECI's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1275/32183
=3.96 %

AECI's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1393/16494
=8.45 %

* 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 FCF Margin % →
What does a FCF Margin % of 8.45% mean?
AECI (JSE:AFE) has a FCF Margin % of 8.45% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AECI and its competitors. This is 235% above median its historical median of 2.52. According to the industry distribution chart, AECI ranks #645 out of 1581 companies in the Chemicals industry, placing it in the top 40.8%.
Is AECI's FCF Margin % too high?
AECI's current FCF Margin % of 8.45% is 235% above median its 10-year median of 2.52. The Chemicals industry median FCF Margin % is 1.78. AECI's value of 8.45% is 374.7% above this industry median. Based on the distribution chart, AECI ranks #645 out of 1581 companies in the Chemicals industry, which is above the industry midpoint. Overall, AECI has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AECI's FCF Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, AECI ranks #645 out of 1581 companies for FCF Margin %. This puts AECI in the upper half of its industry. The industry median FCF Margin % is 1.78. AECI's value of 8.45% is 374.7% above this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 1.78, AECI 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 FCF Margin % for a Chemicals company?
The median FCF Margin % among Chemicals companies is 1.78, based on 1,581 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AECI's current FCF Margin % of 8.45% is 374.7% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AECI and its competitors. For the Chemicals industry, the median FCF Margin % is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECI's current FCF Margin % is 8.45%, which is 235% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECI stock overvalued right now?
Based on GuruFocus' analysis, AECI (JSE:AFE) is currently considered Significantly Overvalued. The stock's GF Value™ is R90.99, compared to a current price of R125.54 — trading 38% above its estimated fair value. The current FCF Margin % is 8.45%, which is 235% above median its 10-year median of 2.52 and 374.7% above the Chemicals industry median of 1.78. AECI's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AECI (JSE:AFE), the current FCF Margin % is 8.45% as of Dec. 2025. 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 AECI (JSE:AFE) Overvalued in 2026?

Based on GuruFocus' analysis, AECI stock appears to be overvalued. The current stock price of R125.54 is trading 38% above its estimated GF Value™ of R90.99. GuruFocus considers AECI to be Significantly Overvalued.

Key valuation signals for JSE:AFE:

  • FCF Margin %: 8.45% (235% above median its 10-year median of 2.52)
  • GF Value™: R90.99 vs. price of R125.54 (38% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 374.7% above the Chemicals median (#645 of 1581)

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


AECI Business Description

Address Woodlands Drive, 24 The Woodlands, First Floor, AECI Place, Woodmead, Sandton, Johannesburg, ZAF, 2191
AECI Ltd is a diversified group operating predominantly in the chemicals industry. The company performs its various business activities in the following reportable segments: AECI Mining, AECI Chemicals, AECI Managed Businesses, and AECI Property Services and Corporate. A majority of its revenue is generated from the AECI Mining segment, which provides a mine-to-mineral solution for the international mining sector. The offerings under this segment include commercial explosives, initiating systems, blasting services, and surfactants for explosives manufacture across the value chain to chemicals for ore beneficiation and tailings treatment. Geographically, the group generates a majority of its revenue from Africa, followed by Asia-Pacific, Europe, North America, and Latin America.
62GF Score

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

R125.54
Price
R90.99
GF Value