Kuwaiti (PR) Market Analysis & Valuation
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies139
- 7D-0.8%
- 3M-3.8%
- 1Y5.7%
- YTD3.3%
Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 8.8%. More promisingly, the market is up 5.7% over the past year. Earnings are forecast to grow by 9.3% annually.
Market Valuation and Performance
Has the Kuwaiti Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | د.ك41.4b | د.ك15.4b | د.ك2.4b | 13.3x | 16.9x | 2.7x |
| Sat, 20 Apr 2024 | د.ك40.6b | د.ك15.1b | د.ك2.5b | 13.8x | 16.5x | 2.7x |
| Mon, 18 Mar 2024 | د.ك43.3b | د.ك15.0b | د.ك2.6b | 15.1x | 16.9x | 2.9x |
| Wed, 14 Feb 2024 | د.ك42.9b | د.ك14.9b | د.ك2.6b | 14.8x | 16.5x | 2.9x |
| Fri, 12 Jan 2024 | د.ك42.1b | د.ك15.3b | د.ك2.6b | 13.9x | 15.9x | 2.7x |
| Sun, 10 Dec 2023 | د.ك39.3b | د.ك15.3b | د.ك2.6b | 13.5x | 15.1x | 2.6x |
| Tue, 07 Nov 2023 | د.ك39.0b | د.ك14.9b | د.ك2.5b | 13.2x | 15.6x | 2.6x |
| Thu, 05 Oct 2023 | د.ك40.4b | د.ك14.9b | د.ك2.4b | 13.6x | 16.9x | 2.7x |
| Sat, 02 Sep 2023 | د.ك41.3b | د.ك14.8b | د.ك2.4b | 14x | 17.2x | 2.8x |
| Mon, 31 Jul 2023 | د.ك42.7b | د.ك14.4b | د.ك2.3b | 14.7x | 18.5x | 3x |
| Wed, 28 Jun 2023 | د.ك41.3b | د.ك14.5b | د.ك2.2b | 14.6x | 18.9x | 2.8x |
| Fri, 26 May 2023 | د.ك39.6b | د.ك14.5b | د.ك2.2b | 14x | 18.1x | 2.7x |
| Sun, 23 Apr 2023 | د.ك42.2b | د.ك14.0b | د.ك2.2b | 14.1x | 19.6x | 3x |
| Tue, 21 Mar 2023 | د.ك41.3b | د.ك13.6b | د.ك2.0b | 13.4x | 21x | 3x |
| Thu, 16 Feb 2023 | د.ك43.6b | د.ك13.5b | د.ك1.9b | 13.9x | 22.6x | 3.2x |
| Sat, 14 Jan 2023 | د.ك41.7b | د.ك13.3b | د.ك1.9b | 14.1x | 22.5x | 3.1x |
| Mon, 12 Dec 2022 | د.ك43.9b | د.ك13.2b | د.ك1.9b | 14.4x | 23.4x | 3.3x |
| Wed, 09 Nov 2022 | د.ك43.9b | د.ك12.9b | د.ك2.2b | 15.2x | 19.7x | 3.4x |
| Fri, 07 Oct 2022 | د.ك38.6b | د.ك12.5b | د.ك2.2b | 13.6x | 17.6x | 3.1x |
| Sun, 04 Sep 2022 | د.ك41.4b | د.ك12.5b | د.ك2.2b | 15x | 18.9x | 3.3x |
| Tue, 02 Aug 2022 | د.ك42.1b | د.ك12.1b | د.ك2.3b | 15.2x | 18.7x | 3.5x |
| Thu, 30 Jun 2022 | د.ك40.4b | د.ك11.9b | د.ك2.2b | 15.1x | 18.6x | 3.4x |
| Sat, 28 May 2022 | د.ك41.5b | د.ك11.9b | د.ك2.2b | 17.2x | 19.1x | 3.5x |
| Mon, 25 Apr 2022 | د.ك44.5b | د.ك11.5b | د.ك2.0b | 19x | 22.7x | 3.9x |
| Wed, 23 Mar 2022 | د.ك43.0b | د.ك12.7b | د.ك1.9b | 19x | 22.2x | 3.4x |
| Fri, 18 Feb 2022 | د.ك41.2b | د.ك12.5b | د.ك1.9b | 18.5x | 22x | 3.3x |
| Sun, 16 Jan 2022 | د.ك40.0b | د.ك12.2b | د.ك1.7b | 18.2x | 23.1x | 3.3x |
| Tue, 14 Dec 2021 | د.ك37.9b | د.ك12.2b | د.ك1.7b | 17.9x | 21.8x | 3.1x |
| Thu, 11 Nov 2021 | د.ك39.1b | د.ك11.9b | د.ك1.4b | 19.8x | 28.2x | 3.3x |
| Sat, 09 Oct 2021 | د.ك36.8b | د.ك11.6b | د.ك1.3b | 18.2x | 29.1x | 3.2x |
| Mon, 06 Sep 2021 | د.ك36.4b | د.ك11.6b | د.ك1.3b | 17.3x | 28.7x | 3.2x |
| Wed, 04 Aug 2021 | د.ك35.0b | د.ك11.5b | د.ك1.3b | 17x | 27.2x | 3x |
Price to Earnings Ratio
37.7x
Current Market PE
- Investors are pessimistic on the Kuwaiti market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 16.9x which is lower than its 3-year average PE of 21.0x.
Past Earnings Growth
- The earnings for Kuwaiti listed companies have grown 41% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Kuwaiti Market?
| KW Market | -0.78% | |
| Utilities | 0.64% | |
| Energy | 0.57% | |
| Healthcare | 0.37% | |
| Consumer Staples | 0.21% | |
| Real Estate | 0.20% | |
| Financials | -0.58% | |
| Industrials | -1.16% | |
| Materials | -2.12% | |
| Consumer Discretionary | -2.35% | |
| Telecom | -2.72% | |
| Tech | -8.78% | |
Sector PE
- Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 39.7x.
- Analysts expect its future annual earnings growth (18.8%) to be largely in line with prior year's earnings growth.
- The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 6.8% per year.
- In contrast, the Consumer Discretionary industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| KFH Kuwait Finance House K.S.C.P | د.ك0.75 | 0.4% +د.ك49.8m | 15.0% | PB2.1x | Financials | |
| GFH GFH Financial Group BSC | د.ك0.09 | 7.8% +د.ك23.1m | 12.5% | PE9.8x | Financials | |
| NIND National Industries Group Holding - KPSC | د.ك0.24 | 3.9% +د.ك20.3m | 26.7% | PE14x | Industrials | |
| MABANEE Mabanee Company K.P.S.C | د.ك0.82 | 1.7% +د.ك19.6m | 17.3% | PE17.5x | Real Estate | |
| CBK Commercial Bank of Kuwait K.P.S.C | د.ك0.51 | 1.8% +د.ك16.1m | 1.2% | PB1.3x | Financials |
