Airtel Africa/£AAF
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Airtel Africa
Airtel Africa plc, listed under the ticker AAF, is a telecommunications and mobile money services provider based in the United Kingdom. The company, which was founded in 2010, primarily operates across Nigeria, East Africa, and Francophone Africa. It is renowned for its wide range of services including mobile voice, data services, and mobile money operations through its consumer brand Airtel Money.
- Ticker
- £AAF
- Sector
- Communication
- Primary listing
- LSE
- Employees
- 4,541
- Headquarters
- London, United Kingdom
- Website
- airtel.africa
Airtel Africa Metrics
BasicAdvanced
£9.9B
18.78
£0.15
0.52
£0.05
1.94%
Price and volume
Market cap
£9.9B
Beta
0.52
52-week high
£4.36
52-week low
£2.26
Average daily volume
3.8M
Dividend rate
£0.05
Financial strength
Current ratio
0.565
Quick ratio
0.2
Long term debt to equity
1.415
Total debt to equity
1.836
Dividend payout ratio (TTM)
34.50%
Interest coverage (TTM)
2.81%
Profitability
EBITDA (TTM)
2,206.02
Gross margin (TTM)
67.36%
Net profit margin (TTM)
10.37%
Operating margin (TTM)
33.48%
Effective tax rate (TTM)
43.23%
Revenue per employee (TTM)
£1,128,800
Management effectiveness
Return on assets (TTM)
10.71%
Return on equity (TTM)
26.41%
Valuation
Price to earnings (TTM)
18.777
Price to revenue (TTM)
1.947
Price to book
3.09
Price to tangible book (TTM)
-11.14
Price to free cash flow (TTM)
5.694
Free cash flow yield (TTM)
17.56%
Free cash flow per share (TTM)
0.482
Dividend yield (TTM)
1.94%
Growth
Revenue change (TTM)
31.49%
Earnings per share change (TTM)
112.43%
3-year revenue growth (CAGR)
8.47%
3-year earnings per share growth (CAGR)
30.49%
3-year dividend per share growth (CAGR)
9.22%
What the Analysts think about Airtel Africa
Analyst ratings (Buy, Hold, Sell) for Airtel Africa stock.
Analyst projections of the future price of Airtel Africa stock.
Bulls say / Bears say
In the June quarter, data customers grew 15.5% to 87.3 million and data revenue rose 27.2% in constant currency. Rising smartphone use and monthly data consumption give Airtel scope to keep growing its core service. (Investegate)
Airtel Money processed more than $245 billion of annualised transactions in the June quarter, up 51.5%, while its customer base grew 23.3%. Its planned London IPO could make the value of this fast-growing business more visible to investors. (Investegate, Reuters)
Profitability and balance-sheet measures improved: the June-quarter EBITDA margin reached 50.1%, while leverage fell to 1.7 times from 2.2 times a year earlier. That gives the group a stronger base from which to fund expansion and manage its debt. (Investegate)
Investment is rising sharply: capital expenditure reached $389 million in the June quarter, against $121 million a year earlier, and management warned that higher energy costs could weigh on margins. Operating free cash flow also fell 3.5% year on year, leaving less near-term cash after investment. (Business Upturn, Investegate)
Airtel earns in local African currencies but reports in US dollars, so weaker local currencies can reduce reported revenue and earnings. The June quarter showed how much exchange rates matter: reported revenue grew 31.0%, versus 21.1% in constant currency, with currency appreciation providing a tailwind. (African Financials, Investegate)
The group's net finance costs rose 55.2% year on year to $267 million in the June quarter. If that burden persists, financing costs could absorb more of the gains from operating growth. (Independent Newspaper Nigeria)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2026.
Airtel Africa Financial Performance
Revenues and expenses
Airtel Africa Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Airtel Africa
AllEURGBPUSD
Fund name | Fund size | £AAF weighting |
|---|---|---|
iShares STOXX Europe 600 Telecommunications€EXV2 | €252M | 0.73% |
Vanguard FTSE 100£VUKE | £4.7B | 0.07% |
Vanguard FTSE 100£VUKG | £1.9B | 0.07% |
iShares STOXX World Equity Multifactor$IFSW | $877M | 0.07% |
iShares STOXX World Equity Multifactor£FSWD | $877M | 0.07% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.