Kenyan (NSE) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies20
- 7D-1.9%
- 3M0.2%
- 1Y7.3%
- YTD17.4%
Over the last 7 days, the Financials industry has dropped 1.9%, driven by KCB Group declining 6.4%. In contrast, BK Group has gained 9.4%. In the past year, the industry has gained 7.3%. Earnings are forecast to grow by 24% annually.
Sector Valuation and Performance
Has the Kenyan Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | KSh726.2b | KSh763.5b | KSh218.5b | 3.6x | 3.3x | 1x |
| Sun, 23 Jun 2024 | KSh745.9b | KSh769.7b | KSh216.6b | 3.6x | 3.4x | 1x |
| Tue, 21 May 2024 | KSh724.7b | KSh754.5b | KSh205.9b | 3.9x | 3.5x | 1x |
| Thu, 18 Apr 2024 | KSh734.9b | KSh759.2b | KSh202.9b | 4x | 3.6x | 1x |
| Sat, 16 Mar 2024 | KSh711.5b | KSh745.8b | KSh203.7b | 3.8x | 3.5x | 1x |
| Mon, 12 Feb 2024 | KSh636.3b | KSh744.1b | KSh203.4b | 3.7x | 3.1x | 0.9x |
| Wed, 10 Jan 2024 | KSh622.2b | KSh743.9b | KSh203.4b | 3.7x | 3.1x | 0.8x |
| Fri, 08 Dec 2023 | KSh622.8b | KSh746.7b | KSh203.2b | 3.7x | 3.1x | 0.8x |
| Sun, 05 Nov 2023 | KSh604.3b | KSh725.5b | KSh198.3b | 3.7x | 3x | 0.8x |
| Tue, 03 Oct 2023 | KSh630.5b | KSh725.3b | KSh198.2b | 3.9x | 3.2x | 0.9x |
| Thu, 31 Aug 2023 | KSh648.3b | KSh717.4b | KSh193.1b | 4x | 3.4x | 0.9x |
| Sat, 29 Jul 2023 | KSh680.0b | KSh711.5b | KSh198.8b | 4.2x | 3.4x | 1x |
| Mon, 26 Jun 2023 | KSh666.5b | KSh712.5b | KSh198.8b | 4.1x | 3.4x | 0.9x |
| Wed, 24 May 2023 | KSh623.0b | KSh692.8b | KSh190.6b | 4x | 3.3x | 0.9x |
| Fri, 21 Apr 2023 | KSh727.5b | KSh692.7b | KSh190.1b | 4.2x | 3.8x | 1.1x |
| Sun, 19 Mar 2023 | KSh665.4b | KSh649.4b | KSh185.8b | 3.6x | 3.6x | 1x |
| Tue, 14 Feb 2023 | KSh733.5b | KSh647.3b | KSh185.1b | 4x | 4x | 1.1x |
| Thu, 12 Jan 2023 | KSh728.4b | KSh645.8b | KSh185.1b | 4.2x | 3.9x | 1.1x |
| Sat, 10 Dec 2022 | KSh692.0b | KSh636.2b | KSh181.6b | 4.3x | 3.8x | 1.1x |
| Mon, 07 Nov 2022 | KSh687.3b | KSh624.5b | KSh176.3b | 4.5x | 3.9x | 1.1x |
| Wed, 05 Oct 2022 | KSh700.9b | KSh624.6b | KSh176.6b | 4.5x | 4x | 1.1x |
| Fri, 02 Sep 2022 | KSh722.9b | KSh626.1b | KSh177.4b | 4.6x | 4.1x | 1.2x |
| Sun, 31 Jul 2022 | KSh698.9b | KSh600.4b | KSh166.8b | 4.4x | 4.2x | 1.2x |
| Tue, 28 Jun 2022 | KSh632.9b | KSh600.7b | KSh166.6b | 4.5x | 3.8x | 1.1x |
| Thu, 26 May 2022 | KSh659.3b | KSh579.9b | KSh155.9b | 4.1x | 4.2x | 1.1x |
| Sat, 23 Apr 2022 | KSh753.3b | KSh579.1b | KSh155.3b | 4.5x | 4.9x | 1.3x |
| Mon, 21 Mar 2022 | KSh768.5b | KSh548.5b | KSh132.5b | 5.4x | 5.8x | 1.4x |
| Wed, 16 Feb 2022 | KSh773.5b | KSh535.4b | KSh128.1b | 5.7x | 6x | 1.4x |
| Fri, 14 Jan 2022 | KSh753.4b | KSh535.4b | KSh128.1b | 5.6x | 5.9x | 1.4x |
| Sun, 12 Dec 2021 | KSh728.0b | KSh530.4b | KSh127.4b | 5.3x | 5.7x | 1.4x |
| Tue, 09 Nov 2021 | KSh743.7b | KSh500.2b | KSh110.4b | 5.7x | 6.7x | 1.5x |
| Thu, 07 Oct 2021 | KSh763.1b | KSh500.2b | KSh110.4b | 6.2x | 6.9x | 1.5x |
| Sat, 04 Sep 2021 | KSh788.0b | KSh504.1b | KSh106.3b | 6.7x | 7.4x | 1.6x |
| Mon, 02 Aug 2021 | KSh758.1b | KSh504.1b | KSh106.3b | 6.5x | 7.1x | 1.5x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are pessimistic on the Kenyan Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 3.3x which is lower than its 3-year average PE of 4.3x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Kenyan Financials sector?
| KE Market | -3.03% | |
| Financials | -1.92% | |
| Capital Markets | 1.34% | |
| Insurance | 0.49% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Diversified Financial | 0% | |
| Consumer Finance | 0% | |
| Banks | -2.11% | |
Industry PE
- Investors are most optimistic about the Banks industry even though it's trading below its 3-year average PE ratio of 4.1x.
- Analysts are expecting annual earnings growth of 23.9%, which is higher than its past year's earnings growth of 16.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings growth rate of 16% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| BRIT Britam Holdings | KSh5.74 | 4.4% +KSh605.6m | 15.0% | PE4.4x | |
| ABSA Absa Bank Kenya | KSh14.05 | 0.4% +KSh271.6m | 13.3% | PB1x | |
| LBTY Liberty Kenya Holdings | KSh5.80 | 3.6% +KSh107.1m | 59.3% | PE4.7x | |
| NCBA NCBA Group | KSh40.90 | 0.1% +KSh82.4m | 6.6% | PB0.7x | |
| HFCK HF Group | KSh4.58 | 0.7% +KSh11.5m | -1.5% | PB0.2x |