Valuation Airtel Networks Zambia Plc

Stocks

End-of-day quote Lusaka S.E. Other stock markets 2026-06-15			5-day change	1st Jan Change
175.00 ^ZMW	0.00%		+3.02%	+27.06%

03-05	Airtel Networks Zambia Plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI
11-23	Airtel Networks Zambia Plc Reports Earnings Results for the Nine Months Ended September 30, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Market Cap ¹	3,274	3,067	1,872	1,794	4,524	4,524
Change	-	-6.32%	-38.96%	-4.17%	152.17%	0%
Enterprise Value (EV) ¹	5,266	5,553	3,674	4,389	7,972	7,509
Change	-	5.44%	-33.84%	19.47%	81.64%	-5.81%
P/E Ratio	208x	-9.01x	2.7x	1.95x	3.97x	3.61x
PBR	-83.3x	-8.07x	5.97x	2.66x	10.3x	8.02x
PEG	-	0x	-0x	0.1x	0.2x	0.37x
Capitalization / Revenue	1.52x	1.18x	0.52x	0.4x	0.8x	0.64x
EV / Revenue	2.44x	2.14x	1.03x	0.99x	1.41x	1.05x
EV / EBITDA	5.65x	5.5x	2.25x	1.96x	2.76x	2.24x
EV / EBIT	7.96x	7.72x	2.93x	2.45x	3.5x	2.85x
EV / FCF	36x	12.7x	7.23x	-79.1x	13.5x	4.31x
FCF Yield	2.78%	7.85%	13.8%	-1.26%	7.41%	23.2%
Dividend per Share ²	-	-	2.4	8.5	11.2	11.99
Rate of return	-	-	13.3%	49.3%	25.7%	27.6%
EPS ²	0.1514	-3.275	6.666	8.86	10.95	12.04
Distribution rate	-	-	36%	95.9%	102%	99.6%
Net sales ¹	2,154	2,598	3,580	4,450	5,640	7,122
EBITDA ¹	932.8	1,009	1,629	2,235	2,893	3,347
EBIT ¹	661.9	719.4	1,254	1,793	2,275	2,636
Net income ¹	15.74	-340.6	693.3	921.5	1,139	1,252
Net Debt ¹	1,992	2,486	1,802	2,595	3,448	2,985
Reference price ²	31.48	29.49	18.00	17.25	43.50	43.50
Nbr of stocks (in thousands)	104,000	104,000	104,000	104,000	104,000	104,000
Announcement Date	2/10/20	2/25/21	4/9/22	8/21/23	2/28/24	3/10/25

¹ZMW in Million²ZMW

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AIRTEL NETWORKS ZAMBIA PLC	-	-	-	-	1.03B
BHARTI AIRTEL LIMITED	39.86x	6.06x	10.65x	1.12%	119B
SOFTBANK CORP.	17.58x	2.06x	7.95x	4.2%	62.83B
MTN GROUP LIMITED	13.66x	1.98x	4.23x	2.56%	25.65B
CELLNEX TELECOM, S.A.	-116.47x	9.08x	11.38x	2.66%	22.45B
ROGERS COMMUNICATIONS INC.	14.74x	3.03x	6.84x	3.68%	21.02B
VODAFONE IDEA LIMITED	-6.21x	8.13x	19.28x	-.--%	17.14B
TELE2 AB	13.48x	5x	10.94x	6.01%	13.35B
ETIHAD ETISALAT COMPANY	13.11x	2.57x	6.69x	4.94%	12.96B
FAR EASTONE TELECOMMUNICATIONS CO., LTD.	27.07x	3.66x	10.82x	3.75%	12.58B
Average	1.87x	4.62x	9.86x	3.21%	30.76B
Weighted average by Cap.	14.56x	4.73x	9.68x	2.58%