Airtel Africa Plc

10-Year Study

AAF.LSE · Communication Services · GB · Common Stock

Executive Summary: Airtel Africa Plc has compounded at 27.2% annually over the last 10 years, with a maximum drawdown of 57.5% and an annualized volatility of 41.9%.

1Y CAGR
+111.1%
3Y CAGR
+44.7%
5Y CAGR
+35.5%
10Y CAGR
+27.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
57.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.74
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.41
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
50.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +212.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -16.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
43%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-10.19.3-1.31.7————————-1.4%
202527.1-1.216.13.63.02.113.38.610.013.412.414.3212.8%
2024-13.8-15.511.54.89.9-1.5-4.91.6-1.7-10.53.57.7-12.7%
20234.82.9-11.712.8-0.7-9.58.2-2.210.2-9.8-3.318.916.5%
202214.1-6.8-1.85.15.5-12.517.5-16.7-2.3-12.59.0-9.3-16.4%
20215.20.3-0.5-4.23.6-2.115.84.17.39.913.97.176.9%
2020-8.7-11.2-36.6-2.2-15.483.8-13.95.92.55.729.7-5.5-5.4%
2019——————1.6-2.8-24.225.024.21.418.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 41.9%. The dominant macroeconomic risk driver is VEA.US, accounting for 25.3% of variance. Idiosyncratic stock-specific factors contribute 32.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2019-06-0110000
2019-07-0110162.23434145072
2019-08-019882.010043712033
2019-09-017492.621006618913
2019-10-019365.776258273643
2019-11-0111633.641111788056
2019-12-0111795.934603486317
2020-01-0110770.520699629127
2020-02-019568.055317311504
2020-03-016066.907802509154
2020-04-015931.1579843961645
2020-05-015016.414193693401
2020-06-019221.331353771715
2020-07-017940.8172198200655
2020-08-018413.131946457197
2020-09-018619.758548689526
2020-10-019106.846049650718
2020-11-0111809.716611164018
2020-12-0111160.187742885706
2021-01-0111735.91188979126
2021-02-0111765.442650877496
2021-03-0111706.381128705025
2021-04-0111219.23447749629
2021-05-0111625.197413951179
2021-06-0111376.662861334074
2021-07-0113178.03928759442
2021-08-0113724.350973908828
2021-09-0114721.003069897848
2021-10-0116182.768349885546
2021-11-0118429.191238665335
2021-12-0119743.450588840715
2022-01-0122519.652669746425
2022-02-0120983.875642519564
2022-03-0120599.946173274737
2022-04-0121648.399098550228
2022-05-0122829.747842494722
2022-06-0119968.51728074482
2022-07-0123454.13785556693
2022-08-0119540.19555071838
2022-09-0119082.328272043822
2022-10-0116704.429170536077
2022-11-0118213.76603711087
2022-12-0116515.000502777108
2023-01-0117312.685953590717
2023-02-0117814.930705485003
2023-03-0115732.087826287552
2023-04-0117741.0668338647
2023-05-0117608.12665251004
2023-06-0115927.549819295997
2023-07-0117227.760985679724
2023-08-0116843.60970300661
2023-09-0118557.517700711578
2023-10-0116740.185495176298
2023-11-0116181.452256877697
2023-12-0119240.407308604586
2024-01-0116580.450251684306
2024-02-0114016.538409213244
2024-03-0115634.682156144825
2024-04-0116388.33024766209
2024-05-0118013.867775536644
2024-06-0117752.08356746973
2024-07-0116880.001892807923
2024-08-0117146.05970625987
2024-09-0116850.426769036032
2024-10-0115076.703083502405
2024-11-0115597.16611164018
2024-12-0116794.67766072601
2025-01-0121348.167229579856
2025-02-0121082.050265880367
2025-03-0124482.37618374433
2025-04-0125354.635309148773
2025-05-0126108.62351458941
2025-06-0126660.022122192582
2025-07-0130193.98323681985
2025-08-0132796.4166780038
2025-09-0136079.004028131865
2025-10-0140899.39430146516
2025-11-0145959.742341521705
2025-12-0152525.41981888195
2026-01-0147201.89753994121
2026-02-0151608.59098195326
2026-03-0150957.93825897162
2026-04-0151815.616848356505
Annual Return Matrix
YearAnnual Return
2020-0.05389542092007826
20210.7690966356212594
2022-0.16352005296826777
20230.16502614125680393
2024-0.12711423457157334
20252.127503896172506
2026-0.013513513513513598
Total Factor Risk
0.4186155200953686
VTI.US Exposure
-0.013182574280419315
VEA.US Exposure
0.25286339346687764
VWO.US Exposure
-0.013149577992040373
QQQ.US Exposure
0.10725075619532219
VTV.US Exposure
0.019744703978268118
IJR.US Exposure
0.004245926696764507
QUAL.US Exposure
0.07482927323669067
SHV.US Exposure
0.08663340452692886
TLT.US Exposure
0.04874638363643617
LQD.US Exposure
0.017325282779241873
HYG.US Exposure
0.06298775071439666
GLD.US Exposure
0.0011897138095073921
USO.US Exposure
0.000008256144760511478
VNQ.US Exposure
-0.008765861916401826
BTC-USD.CC Exposure
0.001985695962798993
CPER.US Exposure
-0.0022181973179171196
VIX.INDX Exposure
0.0015685382791901289
UUP.US Exposure
0.006557514115926891
TIP.US Exposure
0.02425488179388664
Idiosyncratic Exposure
0.3271247361697814
Value Score
37.2
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
22.9
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
41.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →32.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.91%
Market Cap$12.9B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+22.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
9.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.48
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Airtel Africa Plc a high-risk investment?

Airtel Africa Plc (AAF.LSE) has an annualized volatility of 41.9% and experienced a maximum drawdown of 57.5% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of AAF.LSE?

Over the past 10 years, AAF.LSE has generated a Compound Annual Growth Rate (CAGR) of 27.2%. It has had a positive return in 43% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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