Safaricom (NAI:SCOM) FCF Margin %: 25.21% (As of Mar. 2026) — 32% Above Median


NAI:SCOM Safaricom PLC NAI:SCOM
100 GF Score
Price KES33.60
GF Value KES21.81
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Safaricom FCF Margin %?

Safaricom NAI:SCOM +1.97% 100 FCF Margin % is 25.21% as of Mar. 2026, which is 32% above its 10-year median of 19.07. GuruFocus rates NAI:SCOM with a GF Score™ of 100/100 and a GF Value™ of KES21.81 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 367 Telecommunication Services companies, Safaricom ranks better than 76.02% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Safaricom's Free Cash Flow for the six months ended in Mar. 2026 was KES55,086 Mil. Safaricom's Revenue for the six months ended in Mar. 2026 was KES218,524 Mil. Therefore, Safaricom's FCF Margin % for the quarter that ended in Mar. 2026 was 25.21%.

As of today, Safaricom's current FCF Yield % is 5.80%.

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

NAI:SCOM' s FCF Margin % Range Over the Past 10 Years
Min: -8.95   Med: 19.07   Max: 28.31
Current: 18.55


During the past 13 years, the highest FCF Margin % of Safaricom was 28.31%. The lowest was -8.95%. And the median was 19.07%.

NAI:SCOM's FCF Margin % is ranked better than
76.02% of 367 companies
in the Telecommunication Services industry
Industry Median: 8.25 vs NAI:SCOM: 18.55


Safaricom FCF Margin % Related Terms


Safaricom FCF Margin % Historical Data

* Premium members only.

The historical data trend for Safaricom'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.

Safaricom FCF Margin % Chart

Safaricom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.95 14.43 2.95 16.43 18.55

Safaricom Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 15.32 28.84 4.58 11.36 25.21

NAI:SCOM vs TMUS, VZ, T: FCF Margin % Comparison

For the Telecom Services subindustry, Safaricom'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.


Safaricom FCF Margin % vs Telecommunication Services Industry

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

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


NAI:SCOM
100GF Score
Safaricom PLC NAI:SCOM
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Safaricom FCF Margin % Calculation

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

Safaricom's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=78083.4/420992.1
=18.55 %

Safaricom's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=55086.1/218523.6
=25.21 %

* 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 25.21% mean?
Safaricom (NAI:SCOM) has a FCF Margin % of 25.21% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Safaricom and its competitors. This is 32% above median its historical median of 19.07. According to the industry distribution chart, Safaricom ranks #88 out of 367 companies in the Telecommunication Services industry, placing it in the top 24%.
Is Safaricom's FCF Margin % too high?
Safaricom's current FCF Margin % of 25.21% is 32% above median its 10-year median of 19.07. The Telecommunication Services industry median FCF Margin % is 8.25. Safaricom's value of 25.21% is 205.6% above this industry median. Based on the distribution chart, Safaricom ranks #88 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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 FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Safaricom ranks #88 out of 367 companies for FCF Margin %. This places Safaricom in the top 24% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 8.25. Safaricom's value of 25.21% is 205.6% above this benchmark. While the company's 10-year median is 19.07 vs. the industry median of 8.25, 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 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. Safaricom's current FCF Margin % of 25.21% is 205.6% 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 Safaricom and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safaricom's current FCF Margin % is 25.21%, which is 32% above median its own 10-year median of 19.07. 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 KES21.81, compared to a current price of KES33.60 — trading 54.1% above its estimated fair value. The current FCF Margin % is 25.21%, which is 32% above median its 10-year median of 19.07 and 205.6% above the Telecommunication Services industry median of 8.25. Safaricom's overall GF Score™ is 100/100 with 4 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 Safaricom (NAI:SCOM), the current FCF Margin % is 25.21% as of Mar. 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 KES33.60 is trading 54.1% above its estimated GF Value™ of KES21.81. GuruFocus considers Safaricom to be Significantly Overvalued.

Key valuation signals for NAI:SCOM:

  • FCF Margin %: 25.21% (32% above median its 10-year median of 19.07)
  • GF Value™: KES21.81 vs. price of KES33.60 (54.1% above fair value)
  • GF Score™: 100/100 with 4 warning signs
  • Industry Position: 205.6% above the Telecommunication Services median (#88 of 367)

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

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

KES33.60
Price
KES21.81
GF Value