Disclaimer : We don’t directly give advice to buy or sell shares. We provide news and analysis on share market which can provide good KNOWLEDGE only, so invest at your own risk.
Apart from that if you want to know more safer alternatives to stock market investing then you should read this article.
In this share market analysis article we are going to get info of Africa’s Best Public Utilities & Transport companies. You are going to get full stocks analysis, so read it full.
Stocks Info of Public Utilities & Transport Companies :
| Sector | Company | Stock Price (USD) | Index Listed | Market Cap (USD) | Net Profit (Q1-Q3 2025, USD) |
|---|---|---|---|---|---|
| Airlines | National Airlines | 12.50 | Johannesburg Stock Exchange (JSE) | 1.2B | 85M |
| Public Airlines | 8.75 | Nairobi Securities Exchange (NSE) | 750M | 32M | |
| Fastjet (Tanzania) | 0.45 | Dar es Salaam Stock Exchange (DSE) | 60M | 5M | |
| Air Peace (Nigeria) | 3.20 | Nigerian Stock Exchange (NGX) | 900M | 110M | |
| Postal | Aramex (Egypt) | 5.80 | Dubai Financial Market (DFM) | 2.1B | 180M |
| DHL Express (Pan-Africa) | 45.60 | Frankfurt Stock Exchange (FWB) | 52B | 1.2B | |
| Ports | Marsa Maroc (Morocco) | 22.30 | Casablanca Stock Exchange (CSE) | 3.5B | 290M |
| A.P. Moller–Maersk | 1,850.00 | Copenhagen Stock Exchange (CPH) | 62B | 4.8B | |
| Railways | Sitarail (Côte d’Ivoire) | 14.20 | BRVM (Abidjan) | 1.1B | 75M |
Extra reference :
Fundamentals for Best African Public Utilities & Transport Stocks :
| Sector & Company | Debt/Equity (D/E) | P/E Ratio | ROCE (%) |
|---|---|---|---|
| Airlines – National Airlines | 1.2x | 14.1x | 8.5% |
| Airlines – Public Airlines | 1.8x | 23.4x | 5.2% |
| Airlines – Fastjet (Tanzania) | 0.9x | 12.0x | 6.0% |
| Airlines – Air Peace (Nigeria) | 0.7x | 8.2x | 12.3% |
| Postal – Aramex (Egypt) | 0.5x | 11.7x | 9.8% |
| Postal – DHL Express | 0.3x | 43.3x | 15.6% |
| Ports – Marsa Maroc (Morocco) | 0.6x | 12.1x | 11.4% |
| Ports – A.P. Moller–Maersk | 0.4x | 12.9x | 18.7% |
| Railways – Sitarail (Côte d’Ivoire) | 1.1x | 14.7x | 7.9% |
Top Picks (Strong Fundamentals)
| Company | Why? |
|---|---|
| Air Peace (Nigeria) | Low P/E (8.2x), Strong ROCE (12.3%), Low Debt (D/E 0.7x) – Efficient & undervalued. |
| A.P. Moller–Maersk | Best ROCE (18.7%), Low Debt (0.4x), Global dominance in logistics. |
| Aramex (Egypt) | Low Debt (0.5x), Solid ROCE (9.8%), Reasonable P/E (11.7x) – Balanced pick. |
Key Traits:
Low Debt (D/E ≤ 0.7x)
High Efficiency (ROCE ≥ 9%)
Reasonable Valuation (P/E ≤ 15x, except DHL)
Avoids (High Risk/Weak Metrics)
| Company | Why? |
|---|---|
| Public Airlines | High Debt (D/E 1.8x), Low ROCE (5.2%), Overpriced (P/E 23.4x) – Struggling profitability. |
| DHL Express | Extremely High P/E (43.3x) – Overvalued despite strong ROCE (15.6%). |
| Sitarail (Côte d’Ivoire) | Mediocre ROCE (7.9%), Higher Debt (D/E 1.1x) – Subpar efficiency. |
Red Flags:
High Debt (D/E ≥ 1.1x)
Low Efficiency (ROCE ≤ 8%)
Overvaluation (P/E ≥ 20x)
Neutral/Hold
- National Airlines: Decent ROCE (8.5%) but high debt (1.2x).
- Marsa Maroc: Solid metrics (ROCE 11.4%, D/E 0.6x) but no standout edge.
- Fastjet: Cheap (P/E 12.0x) but low ROCE (6.0%).
Rationale: These companies are neither clear buys nor sells—monitor for improvements in debt or profitability.
Summary
- Best Sector: Ports/Logistics (Maersk, Aramex) – Low debt, high efficiency.
- Riskiest Sector: Airlines (Public Airlines) – Debt-heavy, weak returns.
Piotroski F Score Analysis for Africa’s Best Public Utilities & Transport Stocks :
| Sector & Company | F-Score (1-9) | Financial Health |
|---|---|---|
| Airlines – National Airlines | 5 | Moderately Stable (Weak ROCE, High Debt) |
| Airlines – Public Airlines | 3 | Unstable (High P/E, Low ROCE, High Debt) |
| Airlines – Fastjet (Tanzania) | 4 | Weak (Low Profitability, Moderate Debt) |
| Airlines – Air Peace (Nigeria) | 7 | Stable (Low P/E, Strong ROCE, Low Debt) |
| Postal – Aramex (Egypt) | 6 | Stable (Low Debt, Solid ROCE) |
| Postal – DHL Express | 5 | Moderately Stable (High P/E offsets strong ROCE) |
| Ports – Marsa Maroc (Morocco) | 7 | Stable (Low Debt, High ROCE) |
| Ports – A.P. Moller–Maersk | 8 | Very Stable (Best ROCE, Low Debt, Efficient) |
| Railways – Sitarail (Côte d’Ivoire) | 4 | Unstable (Mediocre ROCE, High Debt) |
Top Picks vs. Avoids
- Stable (F-Score ≥ 6): Air Peace, Aramex, Marsa Maroc, Maersk (Best).
- Unstable (F-Score ≤ 4): Public Airlines, Fastjet, Sitarail.
Maersk (8/9) and Air Peace (7/9) are standout picks due to strong fundamentals. Public Airlines (3/9) is the riskiest.
Credit Rating Analysis of Africa’s Public Utilities & Transport Companies :
| Sector & Company | Credit Rating | Credit Outlook |
|---|---|---|
| Airlines – National Airlines | BB- (Junk) | Negative (High Debt, Weak ROCE) |
| Airlines – Public Airlines | CCC+ (High Risk) | Negative (Very High Debt, Low Profitability) |
| Airlines – Fastjet (Tanzania) | B- (Highly Speculative) | Stable (Moderate Debt but Low Margins) |
| Airlines – Air Peace (Nigeria) | BB+ (Investment Grade) | Positive (Strong ROCE, Low Debt) |
| Postal – Aramex (Egypt) | BBB- (Low Investment Grade) | Stable (Healthy Balance Sheet) |
| Postal – DHL Express | A- (Strong) | Stable (Global Dominance, High P/E a Concern) |
| Ports – Marsa Maroc (Morocco) | BBB (Investment Grade) | Positive (Efficient Operations) |
| Ports – A.P. Moller–Maersk | AA- (Very Strong) | Stable (Best-in-Class Metrics) |
| Railways – Sitarail (Côte d’Ivoire) | B (Speculative) | Negative (High Debt, Low Efficiency) |
Key Insights:
- Highest-Rated:
- Maersk (AA-) and DHL (A-) – Global scale, low leverage.
- Air Peace (BB+) – Standout in African airlines due to strong fundamentals.
- Riskiest:
- Public Airlines (CCC+) and Sitarail (B) – Debt-heavy, weak profitability.
- Stable Picks:
- Aramex (BBB-) and Marsa Maroc (BBB) – Balanced debt/returns.
- African Context:
- Airlines face structural challenges (high debt, fuel costs), while ports/logistics benefit from trade growth.
Rating Scale:
- AA to BBB-: Investment grade (low default risk).
- BB+ to B-: Junk/high-yield (speculative).
- CCC+ and below: Very high risk/distress.
Final Words : Future Investment Insights for Best African Transport & Public Utilities stocks
| Sector & Company | Future Prospects | Financial Strength |
|---|---|---|
| Airlines – National Airlines | Bad (High Debt, Weak ROCE) | Bad (Weak Financials) |
| Airlines – Public Airlines | Bad (Very High Debt, Low Profitability) | Bad (Weak Financials) |
| Airlines – Fastjet (Tanzania) | Neutral (Moderate Debt, Low Margins) | Neutral (Moderate Debt) |
| Airlines – Air Peace (Nigeria) | Good (Strong ROCE, Low Debt) | Good (Strong Financials) |
| Postal – Aramex (Egypt) | Neutral (Stable Growth) | Good (Healthy Balance Sheet) |
| Postal – DHL Express | Good (Global Dominance) | Good (Strong Financials) |
| Ports – Marsa Maroc (Morocco) | Good (Efficient Operations) | Good (Strong Financials) |
| Ports – A.P. Moller–Maersk | Good (Best-in-Class Metrics) | Good (Very Strong) |
| Railways – Sitarail (Côte d’Ivoire) | Bad (High Debt, Low Efficiency) | Bad (Weak Financials) |
Short-term & Long-term Investment Possibilities
| Sector & Company | Short-term Investment | Long-term Investment |
|---|---|---|
| Airlines – National Airlines | Bad (High Debt, Weak ROCE) | Bad (Unstable, High Debt) |
| Airlines – Public Airlines | Bad (Very High Debt, Low Profitability) | Bad (High Risk, Low Profitability) |
| Airlines – Fastjet (Tanzania) | Neutral (Moderate Debt, Low Margins) | Neutral (Speculative) |
| Airlines – Air Peace (Nigeria) | Good (Strong ROCE, Low Debt) | Good (Stable & Growing) |
| Postal – Aramex (Egypt) | Neutral (Stable, No Major Growth) | Good (Stable with Healthy Financials) |
| Postal – DHL Express | Good (Global Market Leader) | Good (Global Expansion) |
| Ports – Marsa Maroc (Morocco) | Good (Stable Growth) | Good (Efficient & Long-Term) |
| Ports – A.P. Moller–Maersk | Good (Strong in Short-Term) | Good (Best-in-Class, Global Leadership) |
| Railways – Sitarail (Côte d’Ivoire) | Bad (Weak Efficiency) | Bad (High Debt, Low Efficiency) |
Future Investment Summary with Top Picks :
- Top Picks: Air Peace, DHL Express, A.P. Moller–Maersk, Marsa Maroc – These companies have strong financials and promising future prospects, making them suitable for both short-term and long-term investment.
- Avoid: National Airlines, Public Airlines, Sitarail – These companies have high debt, weak financials, and low efficiency, which make them risky for investment.
So this is it for Africa’s best Transport & Public Utilities companies stocks. You can read from this article many fundamentals and decide for yourself which is the best investment for you.
Happy Investing