BOC Kenya (NAI:BOC) FCF Margin %: 34.31% (As of Dec. 2025) — 886% Above Median

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Founder & CEO of GuruFocus
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NAI:BOC BOC Kenya PLC NAI:BOC
72 GF Score
Price KES171.00
GF Value KES90.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BOC Kenya FCF Margin %?

BOC Kenya NAI:BOC +0.44% 72 FCF Margin % is 34.31% as of Dec. 2025, which is 886% above its 10-year median of 3.48. 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 1,576 Chemicals companies, BOC Kenya ranks better than 98.54% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. BOC Kenya's Free Cash Flow for the six months ended in Dec. 2025 was KES490 Mil. BOC Kenya's Revenue for the six months ended in Dec. 2025 was KES1,427 Mil. Therefore, BOC Kenya's FCF Margin % for the quarter that ended in Dec. 2025 was 34.31%.

As of today, BOC Kenya's current FCF Yield % is 14.67%.

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

NAI:BOC' s FCF Margin % Range Over the Past 10 Years
Min: -19.81   Med: 3.48   Max: 34.31
Current: 34.31


During the past 13 years, the highest FCF Margin % of BOC Kenya was 34.31%. The lowest was -19.81%. And the median was 3.48%.

NAI:BOC's FCF Margin % is ranked better than
98.54% of 1576 companies
in the Chemicals industry
Industry Median: 1.965 vs NAI:BOC: 34.31


BOC Kenya FCF Margin % Related Terms


BOC Kenya FCF Margin % Historical Data

* Premium members only.

The historical data trend for BOC Kenya'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.

BOC Kenya FCF Margin % Chart

BOC Kenya 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 6.47 -19.81 26.49 11.77 34.31

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 6.47 -19.81 26.49 11.77 34.31

NAI:BOC vs DOW: FCF Margin % Comparison

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya FCF Margin % vs Chemicals Industry

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

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


NAI:BOC
72GF Score
BOC Kenya PLC NAI:BOC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya FCF Margin % Calculation

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

BOC Kenya'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 )
=489.671/1427.046
=34.31 %

BOC Kenya'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 )
=489.671/1427.046
=34.31 %

* 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 34.31% mean?
BOC Kenya (NAI:BOC) has a FCF Margin % of 34.31% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on BOC Kenya and its competitors. This is 886% above median its historical median of 3.48. According to the industry distribution chart, BOC Kenya ranks #23 out of 1576 companies in the Chemicals industry, placing it in the top 1.5%.
Is BOC Kenya's FCF Margin % too high?
BOC Kenya's current FCF Margin % of 34.31% is 886% above median its 10-year median of 3.48. The Chemicals industry median FCF Margin % is 1.97. BOC Kenya's value of 34.31% is 1646.1% above this industry median. Based on the distribution chart, BOC Kenya ranks #23 out of 1576 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 FCF Margin % compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #23 out of 1576 companies for FCF Margin %. This places BOC Kenya in the top 2% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 1.97. BOC Kenya's value of 34.31% is 1646.1% above this benchmark. While the company's 10-year median is 3.48 vs. the industry median of 1.97, BOC Kenya 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 1.97, based on 1,576 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. BOC Kenya's current FCF Margin % of 34.31% is 1646.1% 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 BOC Kenya and its competitors. For the Chemicals industry, the median FCF Margin % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current FCF Margin % is 34.31%, which is 886% above median its own 10-year median of 3.48. 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 FCF Margin % is 34.31%, which is 886% above median its 10-year median of 3.48 and 1646.1% above the Chemicals industry median of 1.97. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For BOC Kenya (NAI:BOC), the current FCF Margin % is 34.31% 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 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:

  • FCF Margin %: 34.31% (886% above median its 10-year median of 3.48)
  • GF Value™: KES90.18 vs. price of KES171.00 (89.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 1646.1% above the Chemicals median (#23 of 1576)

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 Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
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

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

KES171.00
Price
KES90.18
GF Value