Header cover image

Kenyan (NSE) Market Analysis & Valuation

UpdatedMay 30, 2025
DataAggregated Company Financials
Companies49
  • 7D0.4%
  • 3M2.3%
  • 1Y19.2%
  • YTD7.3%

The Communication Services sector gained 4.0% while the market remained flat over the last week. More promisingly, the market is up 19% over the past year. Looking forward, earnings are forecast to grow by 19% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 30 May 2025KSh2.0tKSh1.9tKSh397.7b4.2x5.1x1.1x
Sun, 27 Apr 2025KSh1.9tKSh1.9tKSh384.9b4.3x4.9x1x
Tue, 25 Mar 2025KSh2.0tKSh1.9tKSh378.5b5.3x5.2x1x
Thu, 20 Feb 2025KSh2.0tKSh1.9tKSh365.2b5.1x5.5x1.1x
Sat, 18 Jan 2025KSh2.0tKSh1.9tKSh353.4b5.4x5.6x1x
Mon, 16 Dec 2024KSh1.8tKSh1.9tKSh354.1b5x5.1x1x
Wed, 13 Nov 2024KSh1.8tKSh1.9tKSh347.5b5x5.1x0.9x
Fri, 11 Oct 2024KSh1.7tKSh1.8tKSh320.6b4.9x5.2x0.9x
Sun, 08 Sep 2024KSh1.6tKSh1.8tKSh318.9b4.6x5x0.9x
Tue, 06 Aug 2024KSh1.5tKSh1.7tKSh305.1b4.7x5x0.9x
Thu, 04 Jul 2024KSh1.7tKSh1.7tKSh300.6b4.8x5.5x1x
Sat, 01 Jun 2024KSh1.7tKSh1.7tKSh295.4b5.2x5.8x1x
Mon, 29 Apr 2024KSh1.6tKSh1.7tKSh285.9b5x5.7x1x
Wed, 27 Mar 2024KSh1.8tKSh1.7tKSh282.8b5.4x6.3x1x
Fri, 23 Feb 2024KSh1.4tKSh1.7tKSh286.9b5.2x4.9x0.8x
Sun, 21 Jan 2024KSh1.4tKSh1.7tKSh289.7b5.3x4.9x0.8x
Tue, 19 Dec 2023KSh1.4tKSh1.7tKSh290.0b5x4.8x0.8x
Thu, 16 Nov 2023KSh1.4tKSh1.7tKSh287.9b5.3x4.8x0.8x
Sat, 14 Oct 2023KSh1.4tKSh1.6tKSh286.7b5.2x5x0.9x
Mon, 11 Sep 2023KSh1.5tKSh1.6tKSh286.2b6.2x5.3x0.9x
Wed, 09 Aug 2023KSh1.6tKSh1.6tKSh288.0b6.2x5.5x1x
Fri, 07 Jul 2023KSh1.7tKSh1.6tKSh289.6b5.5x5.7x1x
Sun, 04 Jun 2023KSh1.6tKSh1.6tKSh280.5b4.8x5.7x1x
Tue, 02 May 2023KSh1.6tKSh1.6tKSh288.9b5.1x5.7x1x
Thu, 30 Mar 2023KSh1.7tKSh1.5tKSh289.5b4.8x6x1.1x
Sat, 25 Feb 2023KSh1.9tKSh1.5tKSh283.8b5.1x6.9x1.3x
Mon, 23 Jan 2023KSh1.9tKSh1.5tKSh283.3b5.2x6.7x1.3x
Wed, 21 Dec 2022KSh2.0tKSh1.5tKSh286.2b4.9x6.9x1.3x
Fri, 18 Nov 2022KSh2.0tKSh1.5tKSh273.5b6.2x7.2x1.3x
Sun, 16 Oct 2022KSh2.0tKSh1.5tKSh277.2b6.8x7.2x1.3x
Tue, 13 Sep 2022KSh2.1tKSh1.5tKSh278.4b7.9x7.7x1.4x
Thu, 11 Aug 2022KSh2.2tKSh1.4tKSh266.4b7.1x8.4x1.6x
Sat, 09 Jul 2022KSh2.1tKSh1.4tKSh266.1b6.8x7.8x1.4x
Mon, 06 Jun 2022KSh2.0tKSh1.4tKSh258.0b5.8x7.7x1.4x
Price to Earnings Ratio

7.7x


Total Market Cap: KSh2.0tTotal Earnings: KSh258.0bTotal Revenue: KSh1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Market Price to Earnings3Y Average 5.8x202320242025
Current Market PE
  • Investors are pessimistic on the Kenyan market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 5.1x which is lower than its 3-year average PE of 5.8x.
Past Earnings Growth
  • The earnings for Kenyan listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market0.43%
Telecom4.01%
Energy2.00%
Utilities1.76%
Industrials1.60%
Real Estate0%0
Financials-1.61%
Consumer Discretionary-2.20%
Materials-3.64%
Consumer Staples-4.31%
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 41.9x.
    • 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 5.5x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 16% 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?

CompanyLast Price7D1YValuationSector
SCOM SafaricomKSh20.603.5%
+KSh28.0b
15.1%PE11.8xTelecom
KCB KCB GroupKSh42.103.2%
+KSh4.2b
18.4%PB0.5xFinancials
NCBA NCBA GroupKSh54.504.8%
+KSh4.1b
29.8%PB0.8xFinancials
ABSA Absa Bank KenyaKSh18.303.1%
+KSh3.0b
33.1%PB1.2xFinancials
SBIC Stanbic HoldingsKSh152.752.7%
+KSh1.6b
38.5%PB0.8xFinancials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The AI frenzy of 2023 and 2024 has cooled down and entered the "show me the money" phase. Earnings season has shed a lot of light on where we stand. So it’s time for an update on the industry and a look at the companies successfully deploying AI, monetizing it, and the potential opportunities for investors.

Latest News

EQTY

KSh43.05

Equity Group Holdings

7D

-11.1%

1Y

-1.0%

PORT

KSh28.00

East African Portland Cement

7D

-28.2%

1Y

294.4%

DTK

KSh72.00

Diamond Trust Bank Kenya

7D

-5.9%

1Y

56.9%

EABL

KSh179.50

East African Breweries

7D

-5.4%

1Y

13.6%

KNRE

KSh1.85

Kenya Reinsurance

7D

8.8%

1Y

54.8%

BRIT

KSh6.70

Britam Holdings

7D

-8.5%

1Y

17.1%

COOP

KSh15.50

Co-operative Bank of Kenya

7D

-1.3%

1Y

14.8%

BAT

KSh346.75

British American Tobacco Kenya

7D

-13.1%

1Y

-6.0%

KCB

KSh42.10

KCB Group

7D

3.2%

1Y

18.4%

SCOM

KSh20.60

Safaricom

7D

3.5%

1Y

15.1%

SBIC

KSh152.75

Stanbic Holdings

7D

2.7%

1Y

38.5%

IMH

KSh34.00

I&M Group

7D

-1.4%

1Y

67.9%

TOTL

KSh24.35

TotalEnergies Marketing Kenya

7D

5.0%

1Y

10.4%

ABSA

KSh18.30

Absa Bank Kenya

7D

3.1%

1Y

33.1%

NCBA

KSh54.50

NCBA Group

7D

4.8%

1Y

29.8%

KPLC

KSh7.84

Kenya Power and Lighting

7D

8.9%

1Y

372.3%