Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Kenyan (NSE) Market Analysis & Valuation

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies51
  • 7D2.7%
  • 3M2.5%
  • 1Y50.7%
  • YTD13.9%

Over the last 7 days, the market has risen 2.7%, driven by gains of 2.9% in the Financials sector. In the last year, the market has climbed 51%. Earnings are forecast to grow by 14% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026KSh3.5tKSh2.1tKSh470.1b7.5x7.4x1.7x
Sun, 17 May 2026KSh3.3tKSh2.0tKSh462.3b7.8x7.2x1.6x
Tue, 14 Apr 2026KSh3.3tKSh2.0tKSh453.2b8.1x7.4x1.6x
Thu, 12 Mar 2026KSh3.4tKSh2.0tKSh431.8b7.2x7.8x1.7x
Sat, 07 Feb 2026KSh3.1tKSh1.9tKSh421.9b6.9x7.4x1.6x
Mon, 05 Jan 2026KSh2.9tKSh1.9tKSh417.2b6.7x7x1.5x
Wed, 03 Dec 2025KSh2.8tKSh1.9tKSh403.8b6.5x6.9x1.5x
Fri, 31 Oct 2025KSh2.9tKSh1.9tKSh392.5b6.3x7.3x1.5x
Sun, 28 Sep 2025KSh2.7tKSh1.9tKSh407.8b5.5x6.7x1.4x
Tue, 26 Aug 2025KSh2.6tKSh1.9tKSh409.4b5.3x6.4x1.4x
Thu, 24 Jul 2025KSh2.5tKSh1.9tKSh395.4b4.8x6.2x1.3x
Sat, 21 Jun 2025KSh2.2tKSh1.9tKSh397.8b4x5.6x1.2x
Mon, 19 May 2025KSh2.0tKSh1.9tKSh397.3b3.9x5.1x1.1x
Wed, 16 Apr 2025KSh1.9tKSh1.9tKSh386.1b4.6x5x1x
Fri, 14 Mar 2025KSh2.0tKSh1.9tKSh368.9b5.3x5.4x1.1x
Sun, 09 Feb 2025KSh2.0tKSh1.9tKSh365.2b5.1x5.4x1.1x
Tue, 07 Jan 2025KSh1.9tKSh1.9tKSh354.3b5.4x5.5x1x
Thu, 05 Dec 2024KSh1.7tKSh1.9tKSh352.9b4.9x4.9x0.9x
Sat, 02 Nov 2024KSh1.8tKSh1.8tKSh354.6b4.8x5.1x1x
Mon, 30 Sep 2024KSh1.6tKSh1.8tKSh320.6b4.6x5.1x0.9x
Wed, 28 Aug 2024KSh1.6tKSh1.7tKSh310.5b4.5x5.1x0.9x
Fri, 26 Jul 2024KSh1.6tKSh1.7tKSh300.0b4.8x5.4x0.9x
Sun, 23 Jun 2024KSh1.7tKSh1.7tKSh298.9b4.9x5.7x1x
Tue, 21 May 2024KSh1.7tKSh1.7tKSh288.4b4.7x5.9x1x
Thu, 18 Apr 2024KSh1.7tKSh1.7tKSh285.2b5.8x5.8x1x
Sat, 16 Mar 2024KSh1.5tKSh1.7tKSh287.2b5.3x5.4x0.9x
Mon, 12 Feb 2024KSh1.4tKSh1.7tKSh287.6b5.3x4.8x0.8x
Wed, 10 Jan 2024KSh1.4tKSh1.7tKSh289.8b5x4.8x0.8x
Fri, 08 Dec 2023KSh1.4tKSh1.7tKSh293.1b4.8x4.9x0.9x
Sun, 05 Nov 2023KSh1.3tKSh1.6tKSh287.2b5.4x4.5x0.8x
Tue, 03 Oct 2023KSh1.5tKSh1.6tKSh286.7b5.8x5.1x0.9x
Thu, 31 Aug 2023KSh1.5tKSh1.6tKSh281.3b5.7x5.4x0.9x
Sat, 29 Jul 2023KSh1.6tKSh1.6tKSh289.3b5.8x5.5x1x
Mon, 26 Jun 2023KSh1.6tKSh1.6tKSh289.3b5.2x5.6x1x
Price to Earnings Ratio

5.6x


Total Market Cap: KSh1.6tTotal Earnings: KSh289.3bTotal Revenue: KSh1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Market Price to Earnings3Y Average 5.8x202420252026
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 7.4x which is higher than its 3-year average PE of 5.8x.
Past Earnings Growth
  • The earnings for Kenyan listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 8.5% 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 Market2.66%
Consumer Discretionary9.63%
Consumer Staples6.66%
Financials2.90%
Telecom2.07%
Industrials1.16%
Utilities0.68%
Energy0.10%
Real Estate0%0
Materials-1.02%
Sector PE
  • Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 8.4x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 37% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 11% 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 SafaricomKSh32.002.1%
+KSh26.0b		35.0%PE13.4xTelecom
EABL East African BreweriesKSh272.009.5%
+KSh18.5b		49.0%PE17.1xConsumer Staples
EQTY Equity Group HoldingsKSh79.005.0%
+KSh14.2b		71.4%PB0.9xFinancials
IMH I&M GroupKSh60.2513.1%
+KSh12.2b		76.4%PB0.9xFinancials
KCB KCB GroupKSh72.004.0%
+KSh8.8b		65.3%PB0.7xFinancials
See more

Market Insights

Header cover image
Every trend sets off ripples. The further out you think, the less crowded it gets.
Continue reading
Software stocks just gave investors a masterclass

Latest News

KCB
KSh72.00
KCB Group
7D
4.0%
1Y
65.3%
Narrative Update • Jun 17

KCB: Higher Future P E Multiple Will Pressure Returns On Earnings Misses

The analyst fair value estimate for KCB Group has shifted from KES 62.85 to KES 72.87 as analysts factor in updated assumptions for revenue growth, profit margins, discount rates and future P/E expectations. What’s in the News for KCB Group No recent KCB Group company news, periodical coverage, or key developments were provided in the available sources.
KNRE
KSh3.39
Kenya Reinsurance
7D
-1.5%
1Y
82.3%
SBIC
KSh290.75
Stanbic Holdings
7D
1.5%
1Y
81.7%
BKG
KSh53.50
BK Group
7D
-0.9%
1Y
59.2%
JUB
KSh360.50
Jubilee Holdings
7D
-5.5%
1Y
63.9%
KQ
KSh5.68
Kenya Airways
7D
-4.4%
1Y
22.9%
ABSA
KSh29.40
Absa Bank Kenya
7D
3.0%
1Y
58.9%
LBTY
KSh9.12
Liberty Kenya Holdings
7D
-8.2%
1Y
-4.2%
IMH
KSh60.25
I&M Group
7D
13.1%
1Y
76.4%
HFCK
KSh9.20
HFCB Group
7D
-4.2%
1Y
32.9%
EQTY
KSh79.00
Equity Group Holdings
7D
5.0%
1Y
71.4%
Narrative Update • Jun 06

EQTY: Future Upside Will Rely On Sustained Dividend Appeal

Analysts have kept the KES 109.56 price target for Equity Group Holdings unchanged, reflecting largely consistent assumptions around revenue growth, profit margins, discount rate and future P/E. What's in the News Equity Group Holdings Plc announced an annual dividend of KES 5.75 per share.
COOP
KSh32.70
Co-operative Bank of Kenya
7D
4.5%
1Y
98.2%
SCOM
KSh32.00
Safaricom
7D
2.1%
1Y
35.0%
SCBK
KSh334.75
Standard Chartered Bank Kenya
7D
-1.2%
1Y
18.6%
KPC
KSh9.08
Kenya Pipeline
7D
-0.2%
1Y
n/a
EABL
KSh272.00
East African Breweries
7D
9.5%
1Y
49.0%