Africa Energy Corp. (AFE.V)

Africa Energy Corp. (AFE.V) — VMCI valuation read

Africa Energy Corp. sits at VMCI 39/100, with the Energy sector median at 50. That 11-point spread is the first thing to note on AFE.V: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on AFE.V are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on AFE.V: AFE.V trades at 26.0x earnings, 44% above the Energy median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 12.0% sits 2.0pp above the Energy median (10.0%). The Risk read: net debt to EBITDA of 1.3x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

AFE.V rose 3.6% over the trailing 7 days, with a -21.0% read on a 30-day basis.