Airtel Africa Plc (NGX:AIRTELAFRI)

Airtel Africa Ratios and Metrics

Market cap in millions NGN. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 11, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	22,210,253	12,035,835	6,534,663	2,294,451	2,862,104	1,560,109
Market Cap Growth	127.48%	84.18%	184.80%	-19.83%	83.45%	108.09%
Enterprise Value	30,408,555	20,766,597	10,899,180	4,087,643	4,120,041	2,859,533
Last Close Price	2270.00	2062.24	2010.57	1312.82	1102.44	793.64
PE Ratio	28.71	35.69	-	7.46	10.91	12.11
PS Ratio	2.56	1.58	1.00	0.94	1.46	1.05
PB Ratio	4.79	2.83	2.18	1.30	1.89	1.22
P/FCF Ratio	6.74	5.13	3.60	3.41	5.32	4.02
P/OCF Ratio	5.22	3.47	2.22	2.22	3.42	2.46
EV/Sales Ratio	3.69	2.72	1.67	1.67	2.10	1.92
EV/EBITDA Ratio	7.65	6.80	3.88	3.84	4.72	4.64
EV/EBIT Ratio	11.58	9.20	5.10	5.01	6.33	6.69
EV/FCF Ratio	9.23	8.86	6.01	6.08	7.66	7.37
Debt / Equity Ratio	1.99	2.16	1.94	1.11	1.08	1.38
Debt / EBITDA Ratio	2.20	2.60	1.84	1.64	1.70	2.56
Debt / FCF Ratio	2.80	3.91	3.21	2.91	3.04	4.52
Asset Turnover	0.48	0.46	0.48	0.49	0.46	0.41
Inventory Turnover	97.10	80.36	88.54	221.00	353.20	313.60
Quick Ratio	0.19	0.22	0.32	0.29	0.36	0.36
Current Ratio	0.56	0.51	0.57	0.53	0.65	0.54
Return on Equity (ROE)	22.80%	12.93%	-2.91%	20.11%	21.57%	12.51%
Return on Assets (ROA)	9.66%	8.41%	9.75%	10.20%	9.62%	7.28%
Return on Invested Capital (ROIC)	12.31%	10.50%	24.99%	18.14%	14.19%	9.96%
Return on Capital Employed (ROCE)	22.40%	18.90%	28.20%	23.10%	21.50%	17.30%
Earnings Yield	3.48%	2.80%	-3.29%	13.41%	9.16%	8.26%
FCF Yield	14.83%	19.49%	27.75%	29.32%	18.80%	24.87%
Dividend Yield	4.51%	4.83%	3.86%	1.93%	1.88%	1.92%
Payout Ratio	45.90%	104.09%	-	29.41%	26.78%	49.85%
Buyback Yield / Dilution	1.62%	1.14%	0.17%	0.09%	-0.03%	-4.81%
Total Shareholder Return	6.13%	5.97%	4.03%	2.01%	1.86%	-2.89%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.