AECI (AFE.JO) Stock Price

AECI Price

JSE·CLOSED
99.15
​
Market closed

Revenue has compounded at 7.9% per year over the past 19 years to 32.18 B ZAR. Earnings per share have declined at 4.4% per year over the last 19 years. AECI's net margin stands at 1.1%, down from 4.6% several years earlier. AECI currently offers a dividend yield of about 3.22%. The payout ratio is around 92% of earnings. The dividend has grown at 2.9% per year over the past 19 years. Analysts set a median price target of 123.93 ZAR, implying 25.0% above the current price. Of 5 analysts, 4 rate the stock a buy — an overall Buy consensus.

AECI stock price

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AECI business model & stock analysis

AECI Ltd is a South African company that was originally involved in mining but has diversified over the years to become a conglomerate operating in various industries. The company was founded in 1924 and is headquartered in Sandton, Johannesburg. The company started as African Explosives and Chemical Industries Limited, focusing on the production of explosives for the mining industry. Over the years, AECI expanded into other areas including chemicals, water treatment, and crop protection. In the 1990s, AECI established its own investment division and began investing in other companies operating in its diversified business segments. AECI operates through four main business segments: Mining Solutions, Water, Chemicals, and Property. The company produces and markets a variety of products and services within these areas. AECI continually seeks to optimize its business segments to gain competitive advantages and drive growth. Mining Solutions is one of AECI's largest business segments, offering products and services that cater to the needs of the mining industry in Africa. This includes high-quality explosives, accessories, and blasting services. The company also provides drilling equipment, grouting equipment, and solutions for optimizing mining operations. Water is a scarce resource but also an essential need for people to live. AECI's Water segment offers a wide range of products and services tailored to the needs of industry, commerce, and households. This includes water treatment, filtration media, water treatment chemicals, and technologies related to water treatment and recycling. In the Chemicals segment, AECI produces a wide range of chemical products such as furfuryl alcohol, organic pigments, specialty chemicals, polymers, and metal chemicals. These chemicals are used in various industries including construction, automotive, printing, paper manufacturing, textile production, and electronics. AECI also had extensive securities and assets, which it consolidated under the Property segment. These assets include industrial and commercial properties in the southern part of Johannesburg that are leased and managed by AECI. Innovation and sustainability are central to AECI. The company pursues sustainable business practices and strives to offer its products and services in an environmentally and resource-friendly manner. In conclusion, AECI has undergone continuous growth and significant transformation over the past decades. It is now a diversified conglomerate with a wide portfolio of products and services across different industries, including mining, water, chemicals, and property. AECI has a long history of innovation and sustainability to gain competitive advantages in the various industries it operates in. This commitment to excellence has helped establish AECI as one of the leading companies in South Africa and the African continent as a whole.

Frequently asked questions about AECI

AECI Ltd operates with a diversified business model. The company primarily focuses on offering innovative solutions in the fields of specialty chemicals, explosives and specialty mining chemicals, plant and animal health, as well as water treatment to various industries. AECI Ltd aims to consistently deliver exceptional products and services that cater to the unique needs of its customers. With a strong emphasis on research and development, AECI Ltd strives to maintain its position as a leading provider of integrated chemical solutions globally.

AECI Ltd is primarily active in the chemical and mining industries.

Some of the main competitors of AECI Ltd in the market include Sasol Limited, Omnia Holdings Limited, and Epp Industries (Pty) Ltd.

AECI Ltd is a renowned company that specializes in providing diverse chemical products and services globally. Founded in 1924 in South Africa, AECI has grown to become a trusted name in the chemical industry. With a rich history spanning nearly a century, AECI has continuously adapted and evolved, keeping pace with market demands. The company has expanded its operations across various sectors, including explosives, mining, water, agricultural, and more. AECI's commitment to innovation, safety, and sustainability has cemented its position as a leader in the chemical industry. Today, it continues to thrive, delivering high-quality solutions to a wide range of customers worldwide.

AECI Ltd has achieved several significant milestones throughout its history. The company has successfully expanded its operations globally, becoming a leading provider of specialty chemicals and explosives. AECI has also demonstrated a strong commitment to innovation, continuously investing in research and development to enhance its product offerings. Additionally, the company has strategically pursued mergers and acquisitions, strengthening its market presence and diversifying its business portfolio. AECI has consistently delivered strong financial performance, reflecting its focus on efficient operations and customer satisfaction. Overall, AECI Ltd has achieved remarkable growth and success, solidifying its position as a prominent player in the industry.

AECI Ltd is primarily present in South Africa.

AECI Ltd represents a strong commitment to integrity, innovation, and sustainable growth. With a corporate philosophy focused on delivering value to its stakeholders, AECI embraces ethical business practices and strives to maintain long-term relationships with its customers, employees, and communities. The company's core values include excellence, customer-centricity, and a proactive approach towards environmental and social responsibilities. By consistently applying these principles, AECI aims to remain a leading provider of specialty chemicals, mining solutions, and water treatment technologies. Through continuous advancement, AECI Ltd aims to contribute positively to the industries it operates in while enhancing shareholder value.

Analysts currently set an average price target of 123.93 ZAR for the AECI stock (median: 123.93 ZAR), implying +25.0 % versus the latest price. The consensus is based on 5 analyst ratings.

5 analysts currently rate the AECI stock: 4 recommend buying, 1 holding and 0 selling. For 2026, analysts expect AECI to generate revenue of 31.68 B ZAR and earnings per share of 13.76 ZAR.

Converted at the current exchange rate, the AECI share trades at 5.29 EUR (99.15 ZAR).

The AECI share (AFE.JO) is listed on 2 stock exchanges, including: JSE (Johannesburg) (AFE.JO), Frankfurt (A7Z.F).

The South African company AECI Ltd is a diversified company that operates in various sectors. It was founded in 1924 and is headquartered in Johannesburg. AECI has become a significant market player in the mining, chemicals, and explosives sectors. AECI's divisions include chemicals, explosives, mine services, water technology, and specialty chemicals. The chemicals division is the largest, offering a wide range of chemical products, including pigments, dyes, food additives, and polymers. The explosives division is also a major business for AECI, providing a broad range of explosives for mining and construction applications. AECI's mine services division, called AEL Mining Services, offers both explosives and drilling systems for the mining industry. In the water technology sector, AECI provides solutions for water treatment, irrigation, and industrial purposes. This segment is expected to grow in the coming years, particularly in emerging countries with increasing demand for clean water. AECI's specialty chemicals division offers a wide range of products for the paper, textile, cosmetics, food, and paint industries. AECI takes pride in offering innovative products and solutions to help customers achieve their goals, especially in the mining industry. This includes improved efficiency, safety, and environmental friendliness. AECI has also set ambitious sustainability goals, including reducing energy consumption, addressing climate change, and promoting a circular economy. AECI operates a total of 94 locations worldwide and employs over 6,000 people. The company is listed on the Johannesburg Stock Exchange and reported a revenue of 24.2 billion South African Rand (approximately 1.36 billion Euros) in 2020. AECI is a major player in the South African mining sector and operates internationally, particularly in other African countries as well as Australia, South America, and Asia. Overall, AECI's business model is focused on offering innovative products and solutions to meet the needs of customers in various sectors, including mining, chemicals, and environmental technology. The company is committed to promoting sustainable practices and a circular economy to minimize its global footprint.

The expected revenue of AECI is 31.68 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of AECI is 1.45 B ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of AECI is currently 7.21. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the AECI stock.

The price-to-sales ratio (P/S) of AECI is currently 0.33. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the AECI stock.

The Eulerpool Quality Score for AECI is 4/10.

The ISIN of AECI is ZAE000000220. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of AECI is 863727. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of AECI is AFE.JO. The ticker symbol is used to trade AECI shares on the stock exchange.

Fair ValueTerminal
97.17 ZAR
Over-/UndervaluationTerminal
Fairly valued
Industry
Chemicals
Number of shares
Employees
Revenue per Employee
4.29 M ZAR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website aeci.co.za
Country
South Africa
Currency
ZAR
Initial public offering
Jul 1, 1992
ISIN
ZAE000000220
Cusip
S00660118
Sedol
6009205
Market capitalization
10.46 B ZARLarge Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.45
P/E ratio
P/Ee 2026
7.21
P/Ee 2027
5.94
P/Ee 2028
5.18
P/S
P/Se
0.33
EV/EBIT
4.46
P/B Ratio
0.91
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
2.30 %
Gross Margin
34.73 %
EBIT Margin
7.64 %
Net Margin
1.14 %
EPS (Earnings Per Share)
3.47 ZAR
Net Debt / EBIT
0.20
Debt/Equity
0.39
Dividend
Dividend yield
3.22 %
Est. Dividend Yield
2.46 %
Payout Ratio
91.97 %
Dividend growth Ø5Y
-17.80 %
Dividend payments per year
2
Dividend paid since
36 years
Dividend not reduced since
1 year
Dividend increased since
1 year
Dividend withholding tax
20.00 %
Last updated Oct 4, 2026, 8:22 AM

AECI Peer Group

AECI Ticker

FRANKFURT · A7Z.FJSE · AFE.JO

AECI FIGI

AFE:SJ · BBG000BF9085A7Z:GR · BBG000CWNV47A7Z:GF · BBG000CWNVL8A7Z:GS · BBG000CWNWK7A7Z:GM · BBG000CWNWY2A7Z:GB · BBG000CWNXJ7AFE:EO · BBG000DJPG91AFE:E1 · BBG000DJQR23AFE:XT · BBG000DJQRH7AFE:XW · BBG000DJQRS5AFEEUR:EO · BBG000F1JPM0AFEEUR:E1 · BBG000F1L1M0

All fundamentals and in-depth analysis of AECI

Our stock analysis for AECI stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of AECI. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.