Airtel Africa (MEX:AAFN) PEG Ratio: 3.51 (As of Jun. 26, 2026) — 1032% Above Median


MEX:AAFN Airtel Africa PLC MEX:AAFN
39 GF Score
Price MXN86.92
! 3 Warning Signs
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What is Airtel Africa PEG Ratio?

Airtel Africa MEX:AAFN 39 PEG Ratio is 3.51 as of Jun. 26, 2026, which is 1032% above its 10-year median of 0.31. GuruFocus rates MEX:AAFN with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 163 Telecommunication Services companies, Airtel Africa ranks worse than 66.87% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Airtel Africa's PE Ratio without NRI is 29.52. Airtel Africa's 5-Year EBITDA growth rate is 8.40%. Therefore, Airtel Africa's PEG Ratio for today is 3.51.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Airtel Africa's PEG Ratio or its related term are showing as below:

MEX:AAFN' s PEG Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.31   Max: 3.38
Current: 3.38


During the past 10 years, Airtel Africa's highest PEG Ratio was 3.38. The lowest was 0.27. And the median was 0.31.


MEX:AAFN's PEG Ratio is ranked worse than
66.87% of 163 companies
in the Telecommunication Services industry
Industry Median: 2.18 vs MEX:AAFN: 3.38

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Airtel Africa  (MEX:AAFN) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Airtel Africa PEG Ratio Related Terms


Airtel Africa PEG Ratio Historical Data

* Premium members only.

The historical data trend for Airtel Africa's PEG Ratio 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.

Airtel Africa PEG Ratio Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.24 0.00 0.30 0.00

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio 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 0.30 0.00 0.00 0.00 0.00

MEX:AAFN vs TMUS, VZ, T: PEG Ratio Comparison

For the Telecom Services subindustry, Airtel Africa's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


Airtel Africa PEG Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Airtel Africa's PEG Ratio falls into.


MEX:AAFN
39GF Score
Airtel Africa PLC MEX:AAFN
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtel Africa PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Airtel Africa's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=29.524456521739/8.40
=3.51

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 3.51 mean?
Airtel Africa (MEX:AAFN) has a PEG Ratio of 3.51 as of Jun. 26, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Airtel Africa and its competitors. This is 1032% above median its historical median of 0.31. Over the past decade, Airtel Africa's PEG Ratio has ranged from 0.27 to 3.38. According to the industry distribution chart, Airtel Africa ranks #109 out of 163 companies in the Telecommunication Services industry, placing it in the top 66.9%.
Is Airtel Africa's PEG Ratio too high?
Airtel Africa's current PEG Ratio of 3.51 is 1032% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 3.38. The Telecommunication Services industry median PEG Ratio is 2.18. Airtel Africa's value of 3.51 is 61% above this industry median. Based on the distribution chart, Airtel Africa ranks #109 out of 163 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Airtel Africa has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's PEG Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #109 out of 163 companies for PEG Ratio. This places Airtel Africa in the lower half of its industry. The industry median PEG Ratio is 2.18. Airtel Africa's value of 3.51 is 61% above this benchmark. Historically, Airtel Africa's own PEG Ratio has ranged from 0.27 to 3.38 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 2.18, Airtel Africa 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 PEG Ratio for a Telecommunication Services company?
The median PEG Ratio among Telecommunication Services companies is 2.18, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current PEG Ratio of 3.51 is 61% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median PEG Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current PEG Ratio is 3.51, which is 1032% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (MEX:AAFN) has a current PEG Ratio of 3.51. The current PEG Ratio is 3.51, which is 1032% above median its 10-year median of 0.31 and 61% above the Telecommunication Services industry median of 2.18. Airtel Africa's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Airtel Africa (MEX:AAFN), the current PEG Ratio is 3.51 as of Jun. 26, 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
39GF Score

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

MXN86.92
Price