Kenya Airways (NAI:KQ) Preferred Stock: KES0 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NAI:KQ Kenya Airways Plc NAI:KQ
64 GF Score
Price KES5.70
GF Value KES3.77
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kenya Airways Preferred Stock?

Kenya Airways NAI:KQ +0.71% 64 Preferred Stock is KES0 Mil as of Dec. 2025. GuruFocus rates NAI:KQ with a GF Score™ of 64/100 and a GF Value™ of KES3.77 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Kenya Airways's preferred stock for the quarter that ended in Dec. 2025 was KES0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Kenya Airways's Enterprise Value for the quarter that ended in Dec. 2025 was KES203,894 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Kenya Airways's Book Value per Share for the quarter that ended in Dec. 2025 was KES-23.24.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Kenya Airways's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was KES0.00.


Kenya Airways  (NAI:KQ) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Kenya Airways's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Kenya Airways's Book Value per Share for the quarter that ended in Dec. 2025 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Kenya Airways's Earnings per Share (Diluted) (EPS) for the six months ended in Dec. 2025 is calculated as

* 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 Preferred Stock Related Terms


Kenya Airways Preferred Stock Historical Data

* Premium members only.

The historical data trend for Kenya Airways's Preferred Stock 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 Preferred Stock Chart

Kenya Airways Annual Data
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Kenya Airways Semi-Annual Data
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NAI:KQ
64GF Score
Kenya Airways Plc NAI:KQ
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenya Airways Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of KES0 Mil mean?
Kenya Airways (NAI:KQ) has a Preferred Stock of KES0 Mil as of Dec. 2025. Preferred Stock represents the par value of a company's preferred shares. View historical data on Kenya Airways and its competitors.
Is Kenya Airways' Preferred Stock too high?
Kenya Airways' current Preferred Stock is KES0 Mil. 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' Preferred Stock compare to DAL and UAL?
Kenya Airways' Preferred Stock of KES0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Transportation company?
A good Preferred Stock depends on the Transportation industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Kenya Airways and its competitors. Kenya Airways's current Preferred Stock is KES0 Mil. 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 KES3.77, compared to a current price of KES5.70 — trading 51.2% above its estimated fair value. The current Preferred Stock is KES0 Mil. 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 Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Kenya Airways (NAI:KQ), the current Preferred Stock is KES0 Mil 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 KES5.70 is trading 51.2% above its estimated GF Value™ of KES3.77. GuruFocus considers Kenya Airways to be Significantly Overvalued.

Key valuation signals for NAI:KQ:

  • Preferred Stock: KES0 Mil
  • GF Value™: KES3.77 vs. price of KES5.70 (51.2% 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

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

KES5.70
Price
KES3.77
GF Value