Kenya Airways (NAI:KQ) FCF Margin %: 0.00% (As of Dec. 2025)


NAI:KQ Kenya Airways Plc NAI:KQ
64 GF Score
Price KES5.56
GF Value KES3.70
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kenya Airways FCF Margin %?

Kenya Airways NAI:KQ +0.72% 64 FCF Margin % is 0.00% as of Dec. 2025. GuruFocus rates NAI:KQ with a GF Score™ of 64/100 and a GF Value™ of KES3.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 998 Transportation companies, Kenya Airways ranks better than 53.91% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Kenya Airways's Free Cash Flow for the six months ended in Dec. 2025 was KES0 Mil. Kenya Airways's Revenue for the six months ended in Dec. 2025 was KES0 Mil. Therefore, Kenya Airways's FCF Margin % for the quarter that ended in Dec. 2025 was 0.00%.

As of today, Kenya Airways's current FCF Yield % is 31.43%.

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

NAI:KQ' s FCF Margin % Range Over the Past 10 Years
Min: 0.88   Med: 4.98   Max: 11.5
Current: 5.29


During the past 13 years, the highest FCF Margin % of Kenya Airways was 11.50%. The lowest was 0.88%. And the median was 4.98%.

NAI:KQ's FCF Margin % is ranked better than
53.91% of 998 companies
in the Transportation industry
Industry Median: 4.465 vs NAI:KQ: 5.29


Kenya Airways FCF Margin % Related Terms


Kenya Airways FCF Margin % Historical Data

* Premium members only.

The historical data trend for Kenya Airways'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.

Kenya Airways FCF Margin % Chart

Kenya Airways Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.88 9.21 5.29 7.46

Kenya Airways Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.19 9.22 4.42 6.12 0.00

NAI:KQ vs DAL, UAL, LUV: FCF Margin % Comparison

For the Airlines subindustry, Kenya Airways'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.


Kenya Airways FCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Kenya Airways's FCF Margin % distribution charts can be found below:

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


NAI:KQ
64GF Score
Kenya Airways Plc NAI:KQ
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenya Airways FCF Margin % Calculation

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

Kenya Airways'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 )
=11996/160698
=7.46 %

Kenya Airways'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 )
=0/0
= %

* 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 0.00% mean?
Kenya Airways (NAI:KQ) has a FCF Margin % of 0.00% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kenya Airways and its competitors. Over the past decade, Kenya Airways' FCF Margin % has ranged from 0.88 to 11.50. According to the industry distribution chart, Kenya Airways ranks #460 out of 998 companies in the Transportation industry, placing it in the top 46.1%.
Is Kenya Airways' FCF Margin % too high?
Kenya Airways' current FCF Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 11.50. Based on the distribution chart, Kenya Airways ranks #460 out of 998 companies in the Transportation industry, which is above the industry midpoint. Overall, Kenya Airways has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenya Airways' FCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Kenya Airways ranks #460 out of 998 companies for FCF Margin %. This puts Kenya Airways in the upper half of its industry. The industry median FCF Margin % is 4.47. Historically, Kenya Airways' own FCF Margin % has ranged from 0.88 to 11.50 over the past decade. 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 Transportation company?
The median FCF Margin % among Transportation companies is 4.47, based on 998 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. 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 Kenya Airways and its competitors. For the Transportation industry, the median FCF Margin % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenya Airways's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenya Airways stock overvalued right now?
Based on GuruFocus' analysis, Kenya Airways (NAI:KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.70, compared to a current price of KES5.56 — trading 50.3% above its estimated fair value. The current FCF Margin % is 0.00%. Kenya Airways' overall GF Score™ is 64/100 with 7 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 Kenya Airways (NAI:KQ), the current FCF Margin % is 0.00% 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 Kenya Airways (NAI:KQ) Overvalued in 2026?

Based on GuruFocus' analysis, Kenya Airways stock appears to be overvalued. The current stock price of KES5.56 is trading 50.3% above its estimated GF Value™ of KES3.70. GuruFocus considers Kenya Airways to be Significantly Overvalued.

Key valuation signals for NAI:KQ:

  • FCF Margin %: 0.00%
  • GF Value™: KES3.70 vs. price of KES5.56 (50.3% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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


Kenya Airways Business Description

Address Airport North Road, P.O Box 19002, Embakasi, Nairobi, KEN, 00501
Kenya Airways Plc is engaged in the international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company's segments include passengers, freight, mail, handling, and others. It operates domestic flights and flies to Africa, the Middle East, Asia, America, and Europe. The company is engaged in four business segments: Passenger, Freight and Mail, Handling, and Other revenue. Key revenue is generated from the Passenger segment.
64GF Score

Get the complete analysis for NAI:KQ

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

KES5.56
Price
KES3.70
GF Value