Snowflake Score | |
---|---|
Valuation | 6/6 |
Future Growth | 3/6 |
Past Performance | 6/6 |
Financial Health | 4/6 |
Dividends | 3/6 |
AAF Stock Overview
Airtel Africa Plc provides telecommunication and mobile money services to customers in Nigeria, East Africa, and Francophone Africa.
Airtel Africa Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | UK£1.38 |
52 Week High | UK£1.63 |
52 Week Low | UK£0.76 |
Beta | 1.32 |
1 Month Change | -13.82% |
3 Month Change | -2.27% |
1 Year Change | 76.44% |
3 Year Change | 94.09% |
5 Year Change | n/a |
Change since IPO | 103.25% |
Recent News & Updates
Why We Like The Returns At Airtel Africa (LON:AAF)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Shareholder Returns
AAF | GB Wireless Telecom | GB Market | |
---|---|---|---|
7D | 0.9% | 0.4% | 2.3% |
1Y | 76.4% | -0.3% | -8.6% |
Return vs Industry: AAF exceeded the UK Wireless Telecom industry which returned -0.3% over the past year.
Return vs Market: AAF exceeded the UK Market which returned -8.6% over the past year.
Price Volatility
AAF volatility | |
---|---|
AAF Average Weekly Movement | 4.9% |
Wireless Telecom Industry Average Movement | 5.3% |
Market Average Movement | 5.5% |
10% most volatile stocks in GB Market | 10.8% |
10% least volatile stocks in GB Market | 2.8% |
Stable Share Price: AAF is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AAF's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2018 | 3,757 | Segun Ogunsanya | https://airtel.africa |
Airtel Africa Plc provides telecommunication and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as payments, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and site sharing services, as well as support services; and sells handsets.
Airtel Africa Fundamentals Summary
AAF fundamental statistics | |
---|---|
Market Cap | US$6.36b |
Earnings (TTM) | US$631.00m |
Revenue (TTM) | US$4.72b |
10.1x
P/E Ratio1.3x
P/S RatioIs AAF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
AAF income statement (TTM) | |
---|---|
Revenue | US$4.72b |
Cost of Revenue | US$1.79b |
Gross Profit | US$2.94b |
Other Expenses | US$2.31b |
Earnings | US$631.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 28, 2022
Earnings per share (EPS) | 0.17 |
Gross Margin | 62.19% |
Net Profit Margin | 13.36% |
Debt/Equity Ratio | 62.3% |
How did AAF perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield30%
Payout RatioValuation
Is AAF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AAF?
Other financial metrics that can be useful for relative valuation.
What is AAF's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$6.36b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2x |
Enterprise Value/EBITDA | 4.5x |
PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does AAF's PE Ratio compare to its peers?
AAF PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 16.9x | ||
VOD Vodafone Group | 19.8x | 4.9% | UK£35.5b |
GAMA Gamma Communications | 20.6x | 7.3% | UK£1.1b |
BT.A BT Group | 14.3x | 6.9% | UK£18.5b |
TEL PLDT | 12.6x | -7.2% | ₱373.1b |
AAF Airtel Africa | 10.1x | 13.7% | UK£5.2b |
Price-To-Earnings vs Peers: AAF is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (16.9x).
Price to Earnings Ratio vs Industry
How does AAF's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?
Price-To-Earnings vs Industry: AAF is good value based on its Price-To-Earnings Ratio (10.1x) compared to the European Wireless Telecom industry average (14.5x)
Price to Earnings Ratio vs Fair Ratio
What is AAF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 10.1x |
Fair PE Ratio | 20x |
Price-To-Earnings vs Fair Ratio: AAF is good value based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (20x).
Share Price vs Fair Value
What is the Fair Price of AAF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AAF (£1.38) is trading below our estimate of fair value (£6.69)
Significantly Below Fair Value: AAF is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: AAF is good value based on its PEG Ratio (0.7x)
Discover undervalued companies
Future Growth
How is Airtel Africa forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
13.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAF's forecast earnings growth (13.7% per year) is above the savings rate (0.9%).
Earnings vs Market: AAF's earnings (13.7% per year) are forecast to grow faster than the UK market (11% per year).
High Growth Earnings: AAF's earnings are forecast to grow, but not significantly.
Revenue vs Market: AAF's revenue (10.2% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: AAF's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AAF's Return on Equity is forecast to be low in 3 years time (19.3%).
Discover growth companies
Past Performance
How has Airtel Africa performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
46.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAF has high quality earnings.
Growing Profit Margin: AAF's current net profit margins (13.4%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: AAF has become profitable over the past 5 years, growing earnings by 46.8% per year.
Accelerating Growth: AAF's earnings growth over the past year (86.1%) exceeds its 5-year average (46.8% per year).
Earnings vs Industry: AAF earnings growth over the past year (86.1%) exceeded the Wireless Telecom industry 46.1%.
Return on Equity
High ROE: AAF's Return on Equity (20.7%) is considered high.
Discover strong past performing companies
Financial Health
How is Airtel Africa's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AAF's short term assets ($2.0B) do not cover its short term liabilities ($3.1B).
Long Term Liabilities: AAF's short term assets ($2.0B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: AAF's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: AAF had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AAF's debt is well covered by operating cash flow (88.5%).
Interest Coverage: AAF's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Airtel Africa current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.84%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAF's dividend (2.84%) is higher than the bottom 25% of dividend payers in the UK market (1.88%).
High Dividend: AAF's dividend (2.84%) is low compared to the top 25% of dividend payers in the UK market (5.18%).
Stability and Growth of Payments
Stable Dividend: AAF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AAF has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), AAF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), AAF's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Segun Ogunsanya
0.67
Tenure
US$1,862,000
Compensation
Mr. Olusegun Ogunsanya, also known as Segun, serves as the Chief Executive Officer, Managing Director & Director at Airtel Africa Plc since October 1, 2021. He serves as the Chief Executive Officer and Man...
CEO Compensation Analysis
Compensation vs Market: Segun's total compensation ($USD1.86M) is below average for companies of similar size in the UK market ($USD3.26M).
Compensation vs Earnings: Insufficient data to compare Segun's compensation with company performance.
Leadership Team
Experienced Management: AAF's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: AAF's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Airtel Africa Plc's employee growth, exchange listings and data sources
Key Information
- Name: Airtel Africa Plc
- Ticker: AAF
- Exchange: LSE
- Founded: 2018
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: UK£5.168b
- Shares outstanding: 3.75b
- Website: https://airtel.africa
Number of Employees
Location
- Airtel Africa Plc
- 53/54 Grosvenor Street
- First Floor
- London
- Greater London
- W1K 3HU
- United Kingdom
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/27 00:00 |
End of Day Share Price | 2022/06/27 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2022/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.