Airtel Africa plc (AAF.L)
Airtel Africa plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and infrastructure sharing services, as well as support services; and sells handsets. In addition, it is involved in the investment activities. The company was incorporated in 2018 and is based in London, the United Kingdom. Airtel Africa plc is a subsidiary of Airtel Africa Mauritius Limited.
Company Info
Highlights
£6.56B
£0.01
162.90
£3.64B
£2.56B
£1.69B
£93.00 - £174.40
£177.36
Share Price Chart
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Performance
Performance Chart
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Returns By Period
Airtel Africa plc (AAF.L) returned 43.40% year-to-date (YTD) and 36.85% over the past 12 months.
AAF.L
43.40%
6.47%
69.51%
36.85%
32.63%
N/A
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
Monthly Returns
The table below presents the monthly returns of AAF.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 27.11% | -1.25% | 16.13% | 3.56% | -5.01% | 43.40% | |||||||
| 2024 | -13.82% | -15.46% | 11.54% | 4.82% | 9.92% | -1.45% | -4.91% | 1.58% | -1.72% | -10.53% | 3.46% | 7.68% | -12.70% |
| 2023 | 4.83% | 2.90% | -11.69% | 12.77% | -0.75% | -9.54% | 8.16% | -2.23% | 10.18% | -9.79% | -3.33% | 18.90% | 16.51% |
| 2022 | 14.06% | -6.82% | -1.83% | 5.09% | 5.46% | -12.53% | 17.46% | -16.69% | -2.34% | -12.46% | 9.04% | -9.33% | -16.35% |
| 2021 | 5.16% | 0.25% | -0.50% | -4.16% | 3.62% | -2.13% | 15.83% | 4.15% | 7.26% | 9.93% | 13.89% | 7.13% | 76.93% |
| 2020 | -8.69% | -11.16% | -36.59% | -2.24% | -15.42% | 83.82% | -13.88% | 5.95% | 2.46% | 5.65% | 29.69% | -5.50% | -5.38% |
| 2019 | 1.62% | -2.76% | -24.18% | 25.00% | 24.23% | 1.40% | 17.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 83, AAF.L is among the top 17% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Airtel Africa plc (AAF.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Airtel Africa plc provided a 2.31% dividend yield over the last twelve months, with an annual payout of £0.04 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | £0.04 | £0.04 | £0.04 | £0.04 | £0.02 | £0.03 | £0.02 |
Dividend yield | 2.31% | 3.31% | 2.75% | 3.25% | 1.80% | 3.70% | 2.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Airtel Africa plc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |||||||
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.04 |
| 2023 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.04 |
| 2022 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.04 |
| 2021 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.01 | £0.00 | £0.00 | £0.00 | £0.00 | £0.01 | £0.00 | £0.02 |
| 2020 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.02 | £0.00 | £0.00 | £0.00 | £0.01 | £0.00 | £0.03 |
| 2019 | £0.02 | £0.00 | £0.02 |
Dividend Yield & Payout
Dividend Yield
Airtel Africa plc has a dividend yield of 2.31%, which is quite average when compared to the overall market.
Payout Ratio
Airtel Africa plc has a payout ratio of 43.37%, which is quite average when compared to the overall market. This suggests that Airtel Africa plc strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Airtel Africa plc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Airtel Africa plc was 65.78%, occurring on Mar 18, 2020. Recovery took 174 trading sessions.
The current Airtel Africa plc drawdown is 5.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.78% | Dec 16, 2019 | 65 | Mar 18, 2020 | 174 | Nov 24, 2020 | 239 |
| -46.89% | Jul 28, 2022 | 415 | Mar 19, 2024 | 281 | Apr 30, 2025 | 696 |
| -33.48% | Jul 8, 2019 | 61 | Oct 1, 2019 | 40 | Nov 26, 2019 | 101 |
| -25.7% | Dec 7, 2020 | 92 | Apr 20, 2021 | 83 | Aug 17, 2021 | 175 |
| -20.06% | Feb 3, 2022 | 23 | Mar 7, 2022 | 55 | May 26, 2022 | 78 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Airtel Africa plc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Earnings Per Share
The chart presents the Earnings Per Share (EPS) performance of Airtel Africa plc, comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -25.0%.
Valuation
The Valuation section provides an overview of how Airtel Africa plc is priced in the market compared to other companies in the Telecom Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for AAF.L, comparing it with other companies in the Telecom Services industry. Currently, AAF.L has a P/E ratio of 162.9. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for AAF.L relative to other companies in the Telecom Services industry. Currently, AAF.L has a P/S ratio of 1.4. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for AAF.L in comparison with other companies in the Telecom Services industry. Currently, AAF.L has a P/B value of 3.2. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
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