Valuation Airtel Networks Zambia Plc

Stocks

End-of-day quote Lusaka S.E. 11/09/2026			5-day change	1st Jan Change
223.50 ^ZMW	-0.22%		+0.28%	+62.27%

16/06	Airtel Networks Zambia Plc Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
06/03	Airtel Networks Zambia Plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	3,067	1,872	1,794	4,524	4,524	14,324
Change	-	-38.96%	-4.17%	152.17%	0%	216.62%
Enterprise Value (EV) ¹	5,553	3,674	4,389	7,972	7,509	20,327
Change	-	-33.84%	19.47%	81.64%	-5.81%	170.69%
P/E	-9.01x	2.7x	1.95x	3.97x	3.61x	8.12x
PBR	-8.07x	5.97x	2.66x	10.3x	8.02x	18.4x
PEG	-	-0x	0.1x	0.2x	0.37x	0.2x
Capitalization / Revenue	1.18x	0.52x	0.4x	0.8x	0.64x	1.61x
EV / Revenue	2.14x	1.03x	0.99x	1.41x	1.05x	2.29x
EV / EBITDA	5.5x	2.25x	1.96x	2.76x	2.24x	4.76x
EV / EBIT	7.72x	2.93x	2.45x	3.5x	2.85x	5.8x
EV / FCF	12.7x	7.23x	-79.1x	13.5x	4.31x	15.1x
FCF Yield	7.85%	13.8%	-1.26%	7.41%	23.2%	6.62%
Dividend per Share ²	-	2.4	8.5	11.2	11.99	16.76
Rate of return	-	13.3%	49.3%	25.7%	27.6%	12.2%
EPS ²	-3.275	6.666	8.86	10.95	12.04	16.95
Distribution rate	-	36%	95.9%	102%	99.6%	98.9%
Net sales ¹	2,598	3,580	4,450	5,640	7,122	8,873
EBITDA ¹	1,009	1,629	2,235	2,893	3,347	4,274
EBIT ¹	719.4	1,254	1,793	2,275	2,636	3,504
Net income ¹	-340.6	693.3	921.5	1,139	1,252	1,763
Net Debt ¹	2,486	1,802	2,595	3,448	2,985	6,003
Reference price ²	29.49	18.00	17.25	43.50	43.50	137.73
Nbr of stocks (in thousands)	1,04,000	1,04,000	1,04,000	1,04,000	1,04,000	1,04,000
Announcement Date	25/02/21	09/04/22	21/08/23	28/02/24	10/03/25	12/06/26

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	-	-	-	-	120.12Cr
BHARTI AIRTEL LIMITED	28.59x	5.18x	9.08x	1.79%	12TCr
SOFTBANK CORP.	20.25x	2.21x	8.47x	3.62%	7.7TCr
MTN GROUP LIMITED	13.84x	1.83x	3.88x	2.85%	2.3TCr
ROGERS COMMUNICATIONS INC.	31.87x	3.02x	6.82x	3.99%	1.96TCr
CELLNEX TELECOM, S.A.	-226.81x	8.65x	10.75x	3.17%	1.98TCr
VODAFONE IDEA LIMITED	-8.82x	7.09x	15.89x	-.--%	1.7TCr
ETIHAD ETISALAT COMPANY	13.53x	2.66x	6.91x	4.82%	1.33TCr
TELE2 AB	11.36x	4.8x	10.4x	6.58%	1.22TCr
FAR EASTONE TELECOMMUNICATIONS CO., LTD.	25.42x	3.48x	10.36x	4.03%	1.2TCr
Average	-10.09x	4.33x	9.17x	3.43%	3.15TCr
Weighted average by Cap.	6.10x	4.21x	8.89x	2.85%