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Kenyan (NSE) Market Analysis & Valuation
UpdatedOct 07, 2025
DataAggregated Company Financials
Companies50
- 7D0.5%
- 3M10.9%
- 1Y68.1%
- YTD44.2%
Over the last 7 days, the market has remained flat, although notably the Consumer Discretionary sector gained 14% in that time. More promisingly, the market is up 68% over the past year. Looking forward, earnings are forecast to grow by 23% annually.
Market Valuation and Performance
Has the Kenyan Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 07 Oct 2025 | KSh2.7t | KSh1.9t | KSh407.7b | 6x | 6.7x | 1.4x |
| Thu, 04 Sep 2025 | KSh2.8t | KSh1.9t | KSh409.1b | 5.4x | 6.7x | 1.4x |
| Sat, 02 Aug 2025 | KSh2.4t | KSh2.3t | KSh435.5b | 4.3x | 5.6x | 1.1x |
| Mon, 30 Jun 2025 | KSh2.3t | KSh1.9t | KSh397.6b | 4.2x | 5.8x | 1.2x |
| Wed, 28 May 2025 | KSh2.0t | KSh1.9t | KSh397.8b | 4.2x | 5x | 1x |
| Fri, 25 Apr 2025 | KSh1.9t | KSh1.9t | KSh385.0b | 4.3x | 4.9x | 1x |
| Sun, 23 Mar 2025 | KSh2.0t | KSh1.9t | KSh378.5b | 5.3x | 5.2x | 1x |
| Tue, 18 Feb 2025 | KSh2.0t | KSh1.9t | KSh365.2b | 5.2x | 5.5x | 1.1x |
| Thu, 16 Jan 2025 | KSh2.0t | KSh1.9t | KSh353.4b | 5.3x | 5.5x | 1x |
| Sat, 14 Dec 2024 | KSh1.8t | KSh1.9t | KSh354.1b | 5x | 5.1x | 1x |
| Mon, 11 Nov 2024 | KSh1.8t | KSh1.8t | KSh353.6b | 5x | 5x | 1x |
| Wed, 09 Oct 2024 | KSh1.7t | KSh1.8t | KSh320.5b | 4.7x | 5.2x | 0.9x |
| Fri, 06 Sep 2024 | KSh1.6t | KSh1.8t | KSh319.0b | 4.5x | 5x | 0.9x |
| Sun, 04 Aug 2024 | KSh1.6t | KSh1.7t | KSh305.1b | 4.7x | 5.2x | 0.9x |
| Tue, 02 Jul 2024 | KSh1.7t | KSh1.7t | KSh300.6b | 4.8x | 5.6x | 1x |
| Thu, 30 May 2024 | KSh1.7t | KSh1.7t | KSh295.4b | 5x | 5.9x | 1x |
| Sat, 27 Apr 2024 | KSh1.6t | KSh1.7t | KSh285.9b | 5x | 5.7x | 1x |
| Mon, 25 Mar 2024 | KSh1.6t | KSh1.7t | KSh282.8b | 5.4x | 5.8x | 1x |
| Wed, 21 Feb 2024 | KSh1.4t | KSh1.7t | KSh286.8b | 4.9x | 4.9x | 0.8x |
| Fri, 19 Jan 2024 | KSh1.4t | KSh1.7t | KSh290.0b | 5.2x | 4.9x | 0.8x |
| Sun, 17 Dec 2023 | KSh1.4t | KSh1.7t | KSh290.0b | 4.7x | 4.8x | 0.8x |
| Tue, 14 Nov 2023 | KSh1.3t | KSh1.7t | KSh287.9b | 5.4x | 4.7x | 0.8x |
| Thu, 12 Oct 2023 | KSh1.4t | KSh1.6t | KSh286.7b | 5.6x | 4.9x | 0.9x |
| Sat, 09 Sep 2023 | KSh1.5t | KSh1.6t | KSh283.1b | 6.2x | 5.3x | 0.9x |
| Mon, 07 Aug 2023 | KSh1.6t | KSh1.6t | KSh287.4b | 6.2x | 5.6x | 1x |
| Wed, 05 Jul 2023 | KSh1.6t | KSh1.6t | KSh289.6b | 5.7x | 5.7x | 1x |
| Fri, 02 Jun 2023 | KSh1.6t | KSh1.6t | KSh279.9b | 4.8x | 5.6x | 1x |
| Sun, 30 Apr 2023 | KSh1.6t | KSh1.6t | KSh289.5b | 5.1x | 5.7x | 1x |
| Tue, 28 Mar 2023 | KSh1.7t | KSh1.5t | KSh288.2b | 4.8x | 6x | 1.1x |
| Thu, 23 Feb 2023 | KSh2.0t | KSh1.5t | KSh283.7b | 5.1x | 6.9x | 1.3x |
| Sat, 21 Jan 2023 | KSh1.9t | KSh1.5t | KSh283.3b | 5.2x | 6.7x | 1.3x |
| Mon, 19 Dec 2022 | KSh2.0t | KSh1.5t | KSh285.2b | 5.9x | 6.9x | 1.3x |
| Wed, 16 Nov 2022 | KSh2.0t | KSh1.5t | KSh277.2b | 6.2x | 7.1x | 1.3x |
| Fri, 14 Oct 2022 | KSh2.0t | KSh1.5t | KSh277.2b | 6.8x | 7.1x | 1.3x |
Price to Earnings Ratio
7.1x
Current Market PE
- Investors are optimistic on the Kenyan market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 6.7x which is higher than its 3-year average PE of 5.6x.
Past Earnings Growth
- The earnings for Kenyan listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 8.6% 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 Kenyan Market?
| KE Market | 0.54% | |
| Consumer Discretionary | 13.55% | |
| Utilities | 9.96% | |
| Materials | 4.28% | |
| Industrials | 2.47% | |
| Financials | 1.35% | |
| Consumer Staples | 1.03% | |
| Energy | 0.29% | |
| Real Estate | 0% | 0 |
| Telecom | -1.20% | |
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 74.1x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 5.2x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 13% per year 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 | |
|---|---|---|---|---|---|---|
| SBIC Stanbic Holdings | KSh199.00 | 8.0% +KSh5.8b | 66.2% | PB1.1x | Financials | |
| KEGN Kenya Electricity Generating | KSh9.28 | 7.7% +KSh4.4b | 210.4% | PE9x | Utilities | |
| ABSA Absa Bank Kenya | KSh22.20 | 3.3% +KSh3.8b | 56.9% | PB1.4x | Financials | |
| EABL East African Breweries | KSh215.50 | 2.1% +KSh3.5b | 24.0% | PE17.9x | Consumer Staples | |
| EQTY Equity Group Holdings | KSh58.50 | 0.9% +KSh1.9b | 28.7% | PB0.8x | Financials |
