Valuation Safaricom PLC

Stocks

End-of-day quote Nairobi S.E. 2026-10-02			5-day change	1st Jan Change
36.55 ^KES	+0.41%		+0.27%	+28.92%

09-17	African markets - factors to watch on September 17	RE
09-16	Safaricom PLC - Special Call

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,368,234	725,184	711,161	733,197	1,101,799	1,464,391	-	-
Change	-	-47%	-1.93%	3.1%	50.27%	32.91%	-	-
Enterprise Value (EV) ¹	1,402,766	788,628	796,440	810,632	1,184,099	1,587,543	1,578,375	1,567,991
Change	-	-43.78%	0.99%	1.78%	46.07%	34.07%	-0.58%	-0.66%
P/E	19.6x	11.7x	11.3x	10.5x	11.5x	12.7x	10.9x	9.68x
PBR	9.81x	3.87x	3.14x	4.13x	-	6.63x	5.99x	5.43x
PEG	-	-1.1x	8.76x	1x	0.3x	0.6x	0.7x	0.8x
Capitalization / Revenue	4.59x	2.33x	2.04x	1.89x	2.58x	3.08x	2.77x	2.53x
EV / Revenue	4.71x	2.54x	2.28x	2.09x	2.77x	3.34x	2.99x	2.7x
EV / EBITDA	9.41x	5.64x	4.88x	4.71x	5.38x	6.22x	5.53x	4.97x
EV / EBIT	12.9x	9.28x	9.91x	7.79x	8.09x	8.72x	7.42x	6.52x
EV / FCF	22x	15.8x	19.3x	10.5x	13.2x	12.7x	11.1x	9.49x
FCF Yield	4.54%	6.32%	5.18%	9.49%	7.58%	7.87%	8.98%	10.5%
Dividend per Share ²	1.39	1.2	1.2	1.2	2	2.39	2.779	3.126
Rate of return	4.07%	6.63%	6.76%	6.56%	7.27%	6.54%	7.6%	8.55%
EPS ²	1.74	1.55	1.57	1.74	2.39	2.871	3.351	3.776
Distribution rate	79.9%	77.4%	76.4%	69%	83.7%	83.2%	82.9%	82.8%
Net sales ¹	298,078	310,905	349,447	388,689	427,559	475,817	528,156	579,898
EBITDA ¹	149,062	139,862	163,293	172,151	220,262	255,219	285,549	315,439
EBIT ¹	109,129	84,997	80,345	104,050	146,322	181,986	212,734	240,340
Net income ¹	69,648	62,269	62,992	69,799	95,609	109,758	134,020	154,982
Net Debt ¹	34,531	63,444	85,279	77,435	82,300	123,152	113,984	103,599
Reference price ²	34.15	18.10	17.75	18.30	27.50	36.55	36.55	36.55
Nbr of stocks (in thousands)	40,065,428	40,065,428	40,065,428	40,065,428	40,065,428	40,065,428	-	-
Announcement Date	5/12/22	5/11/23	5/9/24	5/9/25	5/7/26	-	-	-

¹KES in Million²KES

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.($)
SAFARICOM PLC	12.73x	3.34x	6.22x	6.54%	11.29B
SPACEX (SPACE EXPLORATION TECHNOLOGIES)	-6831.11x	47.29x	97.17x	-	2,158B
SOFTBANK GROUP CORP.	33.67x	6.67x	27.63x	0.17%	228B
T-MOBILE US, INC.	14.94x	2.74x	6.92x	2.54%	176B
AT&T INC.	10.34x	2.42x	6.48x	4.57%	167B
BHARTI AIRTEL LIMITED	27.14x	4.98x	8.73x	1.91%	113B
COMCAST CORPORATION	7.2x	1.31x	4.75x	6.15%	76.54B
SOFTBANK CORP.	18.73x	2.16x	8.17x	3.78%	72.15B
KDDI CORPORATION	14.52x	2.36x	7.79x	2.9%	69.92B
VODAFONE GROUP PLC	13.93x	1.45x	4.94x	3.25%	38.63B
Average	-667.79x	7.47x	17.88x	3.53%	310.91B
Weighted average by Cap.	-4,734.46x	33.93x	71.08x	2.74%