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Kenyan (NSE) Market Analysis & Valuation

UpdatedMay 22, 2022
DataAggregated Company Financials
Companies53
  • 7D-5.2%
  • 3M-20.9%
  • 1Y-20.5%
  • YTD-20.9%

Over the last 7 days, the market has dropped 5.2%, driven by a decline of 7.9% in the Communication Services sector. As for last year, the market is also down 21%. Earnings are forecast to grow by 10% annually.

Market Valuation and Performance

Has the Kenyan Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022KSh2.0tKSh1.4tKSh255.1b5.8x
Wed, 20 Apr 2022KSh2.4tKSh1.4tKSh256.9b6.9x
Fri, 18 Mar 2022KSh2.4tKSh1.4tKSh233.2b6.6x
Sun, 13 Feb 2022KSh2.6tKSh1.3tKSh221.5b6.8x
Tue, 11 Jan 2022KSh2.6tKSh1.3tKSh220.6b6.5x
Thu, 09 Dec 2021KSh2.5tKSh1.3tKSh219.5b6.1x
Sat, 06 Nov 2021KSh2.6tKSh1.2tKSh195.4b6.7x
Mon, 04 Oct 2021KSh2.8tKSh1.2tKSh205.2b6.7x
Wed, 01 Sep 2021KSh2.8tKSh1.3tKSh185.9b7.4x
Thu, 08 Jul 2021KSh2.7tKSh1.3tKSh185.9b7.2x
Wed, 31 Mar 2021KSh2.4tKSh1.2tKSh166.0b7.6x
Sat, 02 Jan 2021KSh2.3tKSh1.2tKSh157.5b7.9x
Tue, 06 Oct 2020KSh2.1tKSh1.2tKSh170.7b7.4x
Fri, 10 Jul 2020KSh2.1tKSh1.2tKSh190.8b8.1x
Thu, 02 Apr 2020KSh2.0tKSh1.3tKSh212.8b7.9x
Sun, 05 Jan 2020KSh2.5tKSh1.3tKSh215.1b9.3x
Wed, 09 Oct 2019KSh2.2tKSh1.3tKSh205.9b8.6x
Tue, 02 Jul 2019KSh2.2tKSh1.4tKSh177.0b8.2x
Median PE Ratio

8.4x


Total Market Cap: KSh2.2tTotal Earnings: KSh185.4bTotal Revenue: KSh1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Market Median PE3Y Average 7.8x202020212022
Current Market PE
  • Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 7.8x.
Past Earnings Growth
  • The earnings for Kenyan listed companies have grown 11% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Kenyan Market?

KE Market-5.19%
Consumer Discretionary1.78%
Consumer Staples0.55%
Healthcare0%
Tech0%
Energy-0.65%
Materials-1.85%
Financials-1.97%
Utilities-3.41%
Real Estate-3.50%
Telecom-7.92%
Industrials-16.48%
Sector PE
  • Investors are most optimistic about the Industrials sector which is trading above its 3-year average PE ratio of 22.5x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Consumer Discretionary sector, which is trading below its 3-year average of 7.7x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 92% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
EABL East African BreweriesKSh142.750.9%
+KSh984.9m
-18.0%PS12.1xConsumer Staples
ABSA Absa Bank KenyaKSh9.760.6%
+KSh325.9m
7.3%PB0.9xFinancials
SBIC Stanbic HoldingsKSh104.000.7%
+KSh296.5m
28.4%PB0.7xFinancials
CGEN Car & General (Kenya)KSh34.106.6%
+KSh168.4m
210.0%PS3xConsumer Discretionary
UNGA Unga GroupKSh30.005.3%
+KSh113.6m
7.1%PS11.7xConsumer Staples
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Latest News

KCB

KSh35.30

KCB Group

7D

-1.3%

1Y

-13.9%

SCOM

KSh27.80

Safaricom

7D

-7.9%

1Y

-29.6%

SASN

KSh21.00

Sasini

7D

1.2%

1Y

13.2%