(AFK) Africa Index - Overview
Etf: Equities, Securities, Africa
Dividends
| Dividend Yield | 1.03% |
| Yield on Cost 5y | 1.42% |
| Yield CAGR 5y | -24.54% |
| Payout Consistency | 76.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.8% |
| Relative Tail Risk | 4.50% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.11 |
| Alpha | 55.55 |
| Character TTM | |
|---|---|
| Beta | 0.752 |
| Beta Downside | 0.743 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.81% |
| CAGR/Max DD | 0.89 |
Description: AFK Africa Index December 23, 2025
The VanEck Africa Index ETF (NYSE ARCA: AFK) is designed to track the MVIS GDP Africa index, allocating at least 80% of its assets to the securities that compose this benchmark. The index captures African-focused companies, including those listed locally and foreign-incorporated firms that generate ≥ 50% of revenue or hold assets in Africa.
Key metrics to watch: (1) **GDP growth** across the continent remains robust, with the IMF projecting an average 3.7% annual expansion in 2024, driven largely by services and commodities. (2) **Commodity exposure** is significant-roughly 45% of the index’s weight is in mining and energy, making global metal prices a primary driver of performance. (3) **Currency risk** is material; many holdings are denominated in volatile emerging-market currencies such as the South African rand and Nigerian naira, which can amplify or dampen returns independent of underlying earnings.
For deeper quantitative insights, consider exploring ValueRay’s analytics to complement your due-diligence on AFK.
What is the price of AFK shares?
Over the past week, the price has changed by +0.36%, over one month by +3.03%, over three months by +16.02% and over the past year by +66.47%.
Is AFK a buy, sell or hold?
What are the forecasts/targets for the AFK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 32.1 | 13.7% |
AFK Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 132.8m USD (132.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 132.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 132.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.69% (E(132.8m)/V(132.8m) * Re(8.69%) + (debt-free company))
Discount Rate = 8.69% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)