Airtel Malawi Ratios and Metrics

Market cap in millions MWK. Fiscal year is January - December.

Millions MWK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 22, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,234,860	1,328,470	990,000	660,000	623,040	440,000
Market Cap Growth	-13.00%	34.19%	50.00%	5.93%	41.60%	42.96%
Enterprise Value	1,333,826	1,428,951	1,111,575	682,760	656,821	471,834
Last Close Price	112.26	120.77	88.67	59.11	54.41	36.16
PE Ratio	24.10	25.92	23.17	-	16.87	13.61
PS Ratio	3.40	3.66	3.65	3.40	4.06	3.34
PB Ratio	20.12	21.65	30.83	-62.23	16.48	13.20
P/TBV Ratio	23.88	25.69	38.18	-	16.57	13.35
P/FCF Ratio	13.83	14.88	18.98	30.73	9.42	13.09
P/OCF Ratio	10.01	10.77	10.34	17.05	7.60	10.44
EV/Sales Ratio	3.67	3.94	4.10	3.52	4.28	3.58
EV/EBITDA Ratio	8.75	10.02	10.07	7.89	8.65	7.64
EV/EBIT Ratio	10.85	11.62	11.80	9.32	10.09	9.23
EV/FCF Ratio	14.94	16.01	21.31	31.79	9.94	14.03
Debt / Equity Ratio	3.22	3.22	5.80	-14.89	2.04	1.92
Debt / EBITDA Ratio	1.29	1.29	1.57	1.74	0.97	0.96
Debt / FCF Ratio	2.21	2.21	3.57	7.36	1.17	1.90
Net Debt / Equity Ratio	1.61	1.61	4.06	-10.91	0.48	0.76
Net Debt / EBITDA Ratio	0.69	0.69	1.18	1.34	0.24	0.41
Net Debt / FCF Ratio	1.11	1.11	2.50	5.39	0.27	0.76
Asset Turnover	0.98	0.98	0.93	0.86	0.86	0.88
Inventory Turnover	46.03	46.03	66.65	77.36	155.23	143.07
Quick Ratio	0.52	0.52	0.41	0.31	0.80	0.92
Current Ratio	0.68	0.68	0.61	0.47	0.91	0.99
Return on Equity (ROE)	109.65%	109.65%	397.24%	-113.43%	103.82%	112.62%
Return on Assets (ROA)	20.64%	20.64%	20.21%	20.26%	22.79%	21.42%
Return on Invested Capital (ROIC)	45.80%	45.50%	54.29%	91.05%	79.55%	58.02%
Return on Capital Employed (ROCE)	61.20%	61.20%	59.20%	83.20%	58.30%	55.00%
Earnings Yield	4.15%	3.86%	4.32%	-2.34%	5.93%	7.35%
FCF Yield	7.23%	6.72%	5.27%	3.25%	10.61%	7.64%
Dividend Yield	3.12%	2.90%	2.26%	-	4.59%	8.16%
Payout Ratio	27.04%	27.04%	40.54%	-	86.82%	38.63%
Total Shareholder Return	3.12%	2.90%	2.26%	-	4.59%	8.16%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.