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Kenyan (NSE) Financials Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D-0.6%
  • 3M-8.5%
  • 1Y16.7%
  • YTD11.3%

Over the last 7 days, the Financials industry has remained flat, although notably Absa Bank Kenya gained 4.3%. As for the the longer term, the industry is up 16% over the past 12 months.

Sector Valuation and Performance

Has the Kenyan Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021KSh746.8bKSh525.8bKSh123.6b5.1x
Thu, 28 Oct 2021KSh748.2bKSh500.2bKSh110.4b6x
Sat, 25 Sep 2021KSh777.6bKSh501.9bKSh110.4b6.4x
Mon, 23 Aug 2021KSh797.5bKSh504.1bKSh106.3b7x
Sat, 10 Jul 2021KSh719.9bKSh504.1bKSh106.3b6.2x
Fri, 02 Apr 2021KSh676.5bKSh475.5bKSh89.0b6.7x
Mon, 04 Jan 2021KSh667.5bKSh456.4bKSh81.6b6.5x
Thu, 08 Oct 2020KSh655.2bKSh478.7bKSh89.8b6.4x
Wed, 01 Jul 2020KSh665.1bKSh488.7bKSh107.1b6.3x
Sat, 04 Apr 2020KSh667.6bKSh515.9bKSh128.2b5.3x
Tue, 07 Jan 2020KSh902.5bKSh514.3bKSh133.4b6.7x
Mon, 30 Sep 2019KSh736.9bKSh508.7bKSh129.9b6.2x
Thu, 04 Jul 2019KSh727.5bKSh470.4bKSh115.7b6.4x
Sun, 07 Apr 2019KSh794.1bKSh457.9bKSh111.8b6.4x
Wed, 09 Jan 2019KSh702.5bKSh436.7bKSh103.1b6.6x
PE Ratio


Total Market Cap: KSh720.3bTotal Earnings: KSh104.2bTotal Revenue: KSh435.2b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 6.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 5.4% per year over the last three years, and revenues for these companies have grown 6.4% 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?

Capital Markets3.54%
Mortgage Finance-10.72%

Industry PE: Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 12.2x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 7.0x.

Forecasted Growth: Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 17% over the next 5 years. This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

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

ABSA Absa Bank Kenya7.7%+KSh4.3b17.9%PB1.1x
JUB Jubilee Holdings5.2%+KSh1.2b27.8%PE4x
NCBA NCBA Group3.0%+KSh1.2b7.6%PB0.5x
BRIT Britam Holdings3.3%+KSh605.6m4.2%PS0.6x
CTUM Centum Investment3.0%+KSh299.4m-8.0%PS1.5x
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