Kenya Electricity Generating (KEGN) 주식 개요케냐 전력 발전 회사 PLC는 케냐에서 전력 발전 회사로 운영되고 있습니다. 자세히 보기KEGN 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적3/6재무 건전성5/6배당4/6강점주가수익률(5.7x)이 KE 시장(7.9x)보다 낮습니다.지난 1년간 수익이 54.2% 증가했습니다.위험 분석지난 5년간 매년 수익이 19.7% 감소했습니다.최신 재무 보고서가 6개월 이상 지났습니다.불안정한 배당 실적재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기KEGN Community Fair Values Create NarrativeSee what 53 others think this stock is worth. Follow their fair value or set your own to get alerts.Top Community NarrativesTH30.0% overvaluedthesharkke•1y agoA good company to hold long term295219PA51.4% overvaluedPapaDanico001•1y agoKEGN's Revenue Set to Surge by 31% Amid Rising Demand333120Top Community NarrativesTH30.0% overvaluedthesharkke•1y agoA good company to hold long term295219PA51.4% overvaluedPapaDanico001•1y agoKEGN's Revenue Set to Surge by 31% Amid Rising Demand333120View all narrativesKenya Electricity Generating Company PLC 경쟁사Kenya Power and LightingSymbol: NASE:KPLCMarket cap: KSh30.2bConcord New Energy GroupSymbol: SEHK:182Market cap: HK$3.4bZhejiang Sunoren Solar TechnologyLtdSymbol: SHSE:603105Market cap: CN¥3.9bTPI Polene PowerSymbol: SET:TPIPPMarket cap: ฿14.7b가격 이력 및 성과Kenya Electricity Generating 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가KSh9.1052주 최고가KSh10.7552주 최저가KSh5.30베타0.331개월 변동-0.87%3개월 변동-4.61%1년 변동63.08%3년 변동295.65%5년 변동126.93%IPO 이후 변동-77.25%최근 뉴스 및 업데이트공시 • 8h+ 1 more updateKenya Electricity Generating Company PLC to Report Fiscal Year 2026 Results on Oct 30, 2026Kenya Electricity Generating Company PLC announced that they will report fiscal year 2026 results on Oct 30, 2026New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Kenyan stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh8.26, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 17x in the Renewable Energy industry globally. Total returns to shareholders of 315% over the past three years.Upcoming Dividend • Nov 28Upcoming dividend of KSh0.90 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 12 February 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of Kenyan dividend payers (7.3%). Higher than average of industry peers (2.8%).New Risk • Nov 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 85% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.더 많은 업데이트 보기Recent updates공시 • 8h+ 1 more updateKenya Electricity Generating Company PLC to Report Fiscal Year 2026 Results on Oct 30, 2026Kenya Electricity Generating Company PLC announced that they will report fiscal year 2026 results on Oct 30, 2026New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Kenyan stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh8.26, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 17x in the Renewable Energy industry globally. Total returns to shareholders of 315% over the past three years.Upcoming Dividend • Nov 28Upcoming dividend of KSh0.90 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 12 February 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of Kenyan dividend payers (7.3%). Higher than average of industry peers (2.8%).New Risk • Nov 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 85% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.공시 • Nov 05Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 27, 2025Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 27, 2025, at 11:00 E. Africa Standard Time.Declared Dividend • Nov 03Dividend increased to KSh0.90Dividend of KSh0.90 is 38% higher than last year. Ex-date: 28th November 2025 Payment date: 12th February 2026 Dividend yield will be 8.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years.Reported Earnings • Nov 02Full year 2025 earnings released: EPS: KSh1.59 (vs KSh1.03 in FY 2024)Full year 2025 results: EPS: KSh1.59 (up from KSh1.03 in FY 2024). Revenue: KSh56.9b (up 1.2% from FY 2024). Net income: KSh10.5b (up 54% from FY 2024). Profit margin: 18% (up from 12% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.공시 • Nov 01Kenya Electricity Generating Company PLC announces Annual dividend, payable on February 12, 2026Kenya Electricity Generating Company PLC announced Annual dividend of KES 0.9000 per share payable on February 12, 2026, ex-date on November 28, 2025 and record date on November 27, 2025.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh8.76, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 247% over the past three years.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh6.36, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 177% over the past three years.New Risk • May 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to KSh4.73, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 74% over the past three years.New Risk • Jan 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kenyan stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh4.24, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 51% over the past three years.New Risk • Dec 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kenyan stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh3.37, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 26% over the past three years.Upcoming Dividend • Nov 25Upcoming dividend of KSh0.65 per shareEligible shareholders must have bought the stock before 02 December 2024. Payment date: 13 February 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 16%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (2.7%).New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results.Declared Dividend • Nov 09Dividend of KSh0.65 announcedShareholders will receive a dividend of KSh0.65. Ex-date: 29th November 2024 Payment date: 13th February 2025 Dividend yield will be 16%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.9% EPS decline seen over the last 5 years.공시 • Nov 01Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 28, 2024Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 28, 2024, at 11:00 E. Africa Standard Time.Reported Earnings • Oct 30Full year 2024 earnings released: EPS: KSh1.03 (vs KSh0.76 in FY 2023)Full year 2024 results: EPS: KSh1.03 (up from KSh0.76 in FY 2023). Revenue: KSh57.6b (up 6.7% from FY 2023). Net income: KSh6.80b (up 36% from FY 2023). Profit margin: 12% (up from 9.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 29%After last week's 29% share price gain to KSh4.13, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 16% over the past three years.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to KSh2.94, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 14x in the Renewable Energy industry globally. Total loss to shareholders of 19% over the past three years.New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to KSh2.42, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total loss to shareholders of 25% over the past three years.Upcoming Dividend • Nov 24Upcoming dividend of KSh0.30 per share at 13% yieldEligible shareholders must have bought the stock before 01 December 2023. Payment date: 15 February 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (3.3%).New Risk • Nov 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (KSh15.2b market cap, or US$99.5m).New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: KSh14.8b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (KSh14.8b market cap, or US$99.5m).New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Board Change • May 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Alternate Non-Executive Director Bernard Ndungu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Mar 04First half 2023 earnings released: EPS: KSh0.49 (vs KSh0.78 in 1H 2022)First half 2023 results: EPS: KSh0.49 (down from KSh0.78 in 1H 2022). Revenue: KSh27.5b (up 11% from 1H 2022). Net income: KSh3.26b (down 36% from 1H 2022). Profit margin: 12% (down from 21% in 1H 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Board Change • Feb 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Rosemarie Wanyoike was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jan 20Upcoming dividend of KSh0.20 per shareEligible shareholders must have bought the stock before 27 January 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Kenyan dividend payers (10%). Higher than average of industry peers (3.4%).Reported Earnings • Jan 06Full year 2022 earnings released: EPS: KSh0.72 (vs KSh0.28 in FY 2021)Full year 2022 results: EPS: KSh0.72 (up from KSh0.28 in FY 2021). Revenue: KSh49.2b (up 7.5% from FY 2021). Net income: KSh4.72b (up 158% from FY 2021). Profit margin: 9.6% (up from 4.0% in FY 2021). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Dec 01Full year 2022 earnings released: EPS: KSh0.72 (vs KSh0.18 in FY 2021)Full year 2022 results: EPS: KSh0.72 (up from KSh0.18 in FY 2021). Revenue: KSh46.2b (flat on FY 2021). Net income: KSh4.72b (up 297% from FY 2021). Profit margin: 10% (up from 2.6% in FY 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Executive Director Gordon Kihalangwa was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • Oct 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be KSh4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 22%.Price Target Changed • Jun 01Price target decreased to KSh4.65Down from KSh5.20, the current price target is an average from 2 analysts. New target price is 33% above last closing price of KSh3.49. Stock is down 13% over the past year. The company is forecast to post earnings per share of KSh1.73 for next year compared to KSh0.18 last year.Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Executive Director Gordon Kihalangwa was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: KSh0.78 (up from KSh0.77 in 1H 2021). Revenue: KSh24.8b (up 14% from 1H 2021). Net income: KSh5.12b (up 1.3% from 1H 2021). Profit margin: 21% (down from 23% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 11% compared to a 392% growth forecast for the industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: KSh0.78 (up from KSh0.77 in 1H 2021). Revenue: KSh24.8b (up 14% from 1H 2021). Net income: KSh5.12b (up 1.3% from 1H 2021). Profit margin: 21% (down from 23% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 11% compared to a 392% growth forecast for the industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Price Target Changed • Feb 18Price target decreased to KSh5.16Down from KSh6.61, the current price target is an average from 3 analysts. New target price is 30% above last closing price of KSh3.98. Stock is down 15% over the past year. The company is forecast to post earnings per share of KSh1.73 for next year compared to KSh0.18 last year.Upcoming Dividend • Dec 10Upcoming dividend of KSh0.30 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 10 February 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Lower than top quartile of Kenyan dividend payers (8.1%). Higher than average of industry peers (3.2%).Reported Earnings • Nov 03Full year 2021 earnings released: EPS KSh0.18 (vs KSh2.79 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: KSh47.5b (up 7.7% from FY 2020). Net income: KSh1.19b (down 94% from FY 2020). Profit margin: 2.5% (down from 42% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Price Target Changed • Oct 14Price target decreased to KSh6.52Down from KSh7.06, the current price target is an average from 2 analysts. New target price is 44% above last closing price of KSh4.53. Stock is down 9.4% over the past year.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 18% share price gain to KSh4.89, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 16x in the Renewable Energy industry globally. Total loss to shareholders of 11% over the past three years.Upcoming Dividend • Apr 16Upcoming dividend of KSh0.30 per shareEligible shareholders must have bought the stock before 23 April 2021. Payment date: 22 July 2021. Trailing yield: 6.7%. Lower than top quartile of Kenyan dividend payers (7.7%). Higher than average of industry peers (3.3%).Is New 90 Day High Low • Jan 29New 90-day high: KSh5.18The company is up 2.0% from its price of KSh5.06 on 30 October 2020. The Kenyan market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 26% over the same period.Is New 90 Day High Low • Dec 29New 90-day low: KSh4.50The company is down 12% from its price of KSh5.10 on 30 September 2020. The Kenyan market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 21% over the same period.Is New 90 Day High Low • Nov 19New 90-day low: KSh4.59The company is down 17% from its price of KSh5.52 on 21 August 2020. The Kenyan market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 17% over the same period.Is New 90 Day High Low • Nov 04New 90-day low: KSh4.95The company is down 16% from its price of KSh5.88 on 06 August 2020. The Kenyan market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 15% over the same period.Upcoming Dividend • Oct 28Upcoming Dividend of KSh0.25 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 4th of November. The trailing yield of 4.9% is below the top quartile of Kenyan dividend payers (9.5%), but it is higher than industry peers (3.6%).Price Target Changed • Oct 21Price target lowered to KSh7.06Down from KSh7.85, the current price target is provided by 1 analyst. The new target price is 35% above the current share price of KSh5.24. As of last close, the stock is down 9.0% over the past year.Is New 90 Day High Low • Sep 23New 90-day low: KSh5.02The company is down 7.0% from its price of KSh5.38 on 25 June 2020. The Kenyan market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period.주주 수익률KEGNKE Renewable EnergyKE 시장7D0%-0.2%-0.8%1Y63.1%9.7%43.8%전체 주주 수익률 보기수익률 대 산업: KEGN은 지난 1년 동안 9.7%의 수익을 기록한 KE Renewable Energy 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: KEGN은 지난 1년 동안 43.8%를 기록한 KE 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is KEGN's price volatile compared to industry and market?KEGN volatilityKEGN Average Weekly Movement1.6%Renewable Energy Industry Average Movement6.3%Market Average Movement3.7%10% most volatile stocks in KE Market6.6%10% least volatile stocks in KE Market2.5%안정적인 주가: KEGN는 지난 3개월 동안 KE 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: KEGN의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19542,393Peter Njengawww.kengen.co.ke케냐 전력 발전 회사 PLC는 케냐의 전력 발전 회사로 운영되고 있습니다. 이 회사는 총 1,726메가와트의 설치 용량을 갖춘 지열, 수력, 풍력 및 화력 발전소를 개발, 관리 및 운영하고 있습니다. 또한 컨설팅 및 시추 서비스도 제공합니다.더 보기Kenya Electricity Generating Company PLC 기초 지표 요약Kenya Electricity Generating의 순이익과 매출은 시가총액과 어떻게 비교됩니까?KEGN 기초 통계시가총액KSh60.01b순이익 (TTM)KSh10.48b매출 (TTM)KSh56.10b5.7x주가수익비율(P/E)1.1x주가매출비율(P/S)KEGN는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표KEGN 손익계산서 (TTM)매출KSh56.10b매출원가KSh15.52b총이익KSh40.58b기타 비용KSh30.10b순이익KSh10.48b최근 보고된 실적Jun 30, 2025다음 실적 발표일Oct 30, 2026주당순이익(EPS)1.59총이익률72.33%순이익률18.68%부채/자본 비율42.6%KEGN의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당9.9%현재 배당 수익률57%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/15 20:27종가2026/06/15 00:00수익2025/06/30연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Kenya Electricity Generating Company PLC는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullAIB-AXYS Africa LimitedSilha RasuguEFG-Hermes ResearchAlexander MuiruriFaida Investment Bank Limited1명의 분석가 더 보기
공시 • 8h+ 1 more updateKenya Electricity Generating Company PLC to Report Fiscal Year 2026 Results on Oct 30, 2026Kenya Electricity Generating Company PLC announced that they will report fiscal year 2026 results on Oct 30, 2026
New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Kenyan stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh8.26, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 17x in the Renewable Energy industry globally. Total returns to shareholders of 315% over the past three years.
Upcoming Dividend • Nov 28Upcoming dividend of KSh0.90 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 12 February 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of Kenyan dividend payers (7.3%). Higher than average of industry peers (2.8%).
New Risk • Nov 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 85% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • 8h+ 1 more updateKenya Electricity Generating Company PLC to Report Fiscal Year 2026 Results on Oct 30, 2026Kenya Electricity Generating Company PLC announced that they will report fiscal year 2026 results on Oct 30, 2026
New Risk • Jun 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Kenyan stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh8.26, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 17x in the Renewable Energy industry globally. Total returns to shareholders of 315% over the past three years.
Upcoming Dividend • Nov 28Upcoming dividend of KSh0.90 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 12 February 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.0%. Within top quartile of Kenyan dividend payers (7.3%). Higher than average of industry peers (2.8%).
New Risk • Nov 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 85% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • Nov 05Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 27, 2025Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 27, 2025, at 11:00 E. Africa Standard Time.
Declared Dividend • Nov 03Dividend increased to KSh0.90Dividend of KSh0.90 is 38% higher than last year. Ex-date: 28th November 2025 Payment date: 12th February 2026 Dividend yield will be 8.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years.
Reported Earnings • Nov 02Full year 2025 earnings released: EPS: KSh1.59 (vs KSh1.03 in FY 2024)Full year 2025 results: EPS: KSh1.59 (up from KSh1.03 in FY 2024). Revenue: KSh56.9b (up 1.2% from FY 2024). Net income: KSh10.5b (up 54% from FY 2024). Profit margin: 18% (up from 12% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
공시 • Nov 01Kenya Electricity Generating Company PLC announces Annual dividend, payable on February 12, 2026Kenya Electricity Generating Company PLC announced Annual dividend of KES 0.9000 per share payable on February 12, 2026, ex-date on November 28, 2025 and record date on November 27, 2025.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh8.76, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 247% over the past three years.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh6.36, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 177% over the past three years.
New Risk • May 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to KSh4.73, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 74% over the past three years.
New Risk • Jan 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kenyan stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to KSh4.24, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total returns to shareholders of 51% over the past three years.
New Risk • Dec 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Kenyan stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to KSh3.37, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 26% over the past three years.
Upcoming Dividend • Nov 25Upcoming dividend of KSh0.65 per shareEligible shareholders must have bought the stock before 02 December 2024. Payment date: 13 February 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 16%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (2.7%).
New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results.
Declared Dividend • Nov 09Dividend of KSh0.65 announcedShareholders will receive a dividend of KSh0.65. Ex-date: 29th November 2024 Payment date: 13th February 2025 Dividend yield will be 16%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.9% EPS decline seen over the last 5 years.
공시 • Nov 01Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 28, 2024Kenya Electricity Generating Company PLC, Annual General Meeting, Nov 28, 2024, at 11:00 E. Africa Standard Time.
Reported Earnings • Oct 30Full year 2024 earnings released: EPS: KSh1.03 (vs KSh0.76 in FY 2023)Full year 2024 results: EPS: KSh1.03 (up from KSh0.76 in FY 2023). Revenue: KSh57.6b (up 6.7% from FY 2023). Net income: KSh6.80b (up 36% from FY 2023). Profit margin: 12% (up from 9.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 29%After last week's 29% share price gain to KSh4.13, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 15x in the Renewable Energy industry globally. Total returns to shareholders of 16% over the past three years.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to KSh2.94, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 14x in the Renewable Energy industry globally. Total loss to shareholders of 19% over the past three years.
New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 22%After last week's 22% share price gain to KSh2.42, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 16x in the Renewable Energy industry globally. Total loss to shareholders of 25% over the past three years.
Upcoming Dividend • Nov 24Upcoming dividend of KSh0.30 per share at 13% yieldEligible shareholders must have bought the stock before 01 December 2023. Payment date: 15 February 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Kenyan dividend payers (12%). Higher than average of industry peers (3.3%).
New Risk • Nov 20New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (KSh15.2b market cap, or US$99.5m).
New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: KSh14.8b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (KSh14.8b market cap, or US$99.5m).
New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Sep 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Board Change • May 02High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Alternate Non-Executive Director Bernard Ndungu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Mar 04First half 2023 earnings released: EPS: KSh0.49 (vs KSh0.78 in 1H 2022)First half 2023 results: EPS: KSh0.49 (down from KSh0.78 in 1H 2022). Revenue: KSh27.5b (up 11% from 1H 2022). Net income: KSh3.26b (down 36% from 1H 2022). Profit margin: 12% (down from 21% in 1H 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Board Change • Feb 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Rosemarie Wanyoike was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jan 20Upcoming dividend of KSh0.20 per shareEligible shareholders must have bought the stock before 27 January 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Kenyan dividend payers (10%). Higher than average of industry peers (3.4%).
Reported Earnings • Jan 06Full year 2022 earnings released: EPS: KSh0.72 (vs KSh0.28 in FY 2021)Full year 2022 results: EPS: KSh0.72 (up from KSh0.28 in FY 2021). Revenue: KSh49.2b (up 7.5% from FY 2021). Net income: KSh4.72b (up 158% from FY 2021). Profit margin: 9.6% (up from 4.0% in FY 2021). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Dec 01Full year 2022 earnings released: EPS: KSh0.72 (vs KSh0.18 in FY 2021)Full year 2022 results: EPS: KSh0.72 (up from KSh0.18 in FY 2021). Revenue: KSh46.2b (flat on FY 2021). Net income: KSh4.72b (up 297% from FY 2021). Profit margin: 10% (up from 2.6% in FY 2021). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Global Renewable Energy industry. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Executive Director Gordon Kihalangwa was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Oct 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be KSh4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 22%.
Price Target Changed • Jun 01Price target decreased to KSh4.65Down from KSh5.20, the current price target is an average from 2 analysts. New target price is 33% above last closing price of KSh3.49. Stock is down 13% over the past year. The company is forecast to post earnings per share of KSh1.73 for next year compared to KSh0.18 last year.
Board Change • Apr 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Executive Director Gordon Kihalangwa was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: KSh0.78 (up from KSh0.77 in 1H 2021). Revenue: KSh24.8b (up 14% from 1H 2021). Net income: KSh5.12b (up 1.3% from 1H 2021). Profit margin: 21% (down from 23% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 11% compared to a 392% growth forecast for the industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 05First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: KSh0.78 (up from KSh0.77 in 1H 2021). Revenue: KSh24.8b (up 14% from 1H 2021). Net income: KSh5.12b (up 1.3% from 1H 2021). Profit margin: 21% (down from 23% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 11% compared to a 392% growth forecast for the industry in Kenya. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Price Target Changed • Feb 18Price target decreased to KSh5.16Down from KSh6.61, the current price target is an average from 3 analysts. New target price is 30% above last closing price of KSh3.98. Stock is down 15% over the past year. The company is forecast to post earnings per share of KSh1.73 for next year compared to KSh0.18 last year.
Upcoming Dividend • Dec 10Upcoming dividend of KSh0.30 per shareEligible shareholders must have bought the stock before 17 December 2021. Payment date: 10 February 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Lower than top quartile of Kenyan dividend payers (8.1%). Higher than average of industry peers (3.2%).
Reported Earnings • Nov 03Full year 2021 earnings released: EPS KSh0.18 (vs KSh2.79 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: KSh47.5b (up 7.7% from FY 2020). Net income: KSh1.19b (down 94% from FY 2020). Profit margin: 2.5% (down from 42% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Price Target Changed • Oct 14Price target decreased to KSh6.52Down from KSh7.06, the current price target is an average from 2 analysts. New target price is 44% above last closing price of KSh4.53. Stock is down 9.4% over the past year.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 18% share price gain to KSh4.89, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 16x in the Renewable Energy industry globally. Total loss to shareholders of 11% over the past three years.
Upcoming Dividend • Apr 16Upcoming dividend of KSh0.30 per shareEligible shareholders must have bought the stock before 23 April 2021. Payment date: 22 July 2021. Trailing yield: 6.7%. Lower than top quartile of Kenyan dividend payers (7.7%). Higher than average of industry peers (3.3%).
Is New 90 Day High Low • Jan 29New 90-day high: KSh5.18The company is up 2.0% from its price of KSh5.06 on 30 October 2020. The Kenyan market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 26% over the same period.
Is New 90 Day High Low • Dec 29New 90-day low: KSh4.50The company is down 12% from its price of KSh5.10 on 30 September 2020. The Kenyan market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 21% over the same period.
Is New 90 Day High Low • Nov 19New 90-day low: KSh4.59The company is down 17% from its price of KSh5.52 on 21 August 2020. The Kenyan market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 17% over the same period.
Is New 90 Day High Low • Nov 04New 90-day low: KSh4.95The company is down 16% from its price of KSh5.88 on 06 August 2020. The Kenyan market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 15% over the same period.
Upcoming Dividend • Oct 28Upcoming Dividend of KSh0.25 Per ShareWill be paid on the 17th of December to those who are registered shareholders by the 4th of November. The trailing yield of 4.9% is below the top quartile of Kenyan dividend payers (9.5%), but it is higher than industry peers (3.6%).
Price Target Changed • Oct 21Price target lowered to KSh7.06Down from KSh7.85, the current price target is provided by 1 analyst. The new target price is 35% above the current share price of KSh5.24. As of last close, the stock is down 9.0% over the past year.
Is New 90 Day High Low • Sep 23New 90-day low: KSh5.02The company is down 7.0% from its price of KSh5.38 on 25 June 2020. The Kenyan market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period.
