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Kenyan (NSE) Financials Sector Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies20
  • 7D-4.0%
  • 3M16.1%
  • 1Y1.9%
  • YTD18.3%

Over the last 7 days, the Financials industry has dropped 4.0%, driven by Equity Group Holdings declining 9.4%. Meanwhile, BK Group actually outperformed within the industry, gaining 6.8% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Apr 2024KSh731.9bKSh759.3bKSh203.0b4x3.6x1x
Mon, 18 Mar 2024KSh711.5bKSh745.7bKSh203.7b3.8x3.5x1x
Wed, 14 Feb 2024KSh633.5bKSh743.8bKSh203.3b3.7x3.1x0.9x
Fri, 12 Jan 2024KSh622.1bKSh744.1bKSh203.4b3.6x3.1x0.8x
Sun, 10 Dec 2023KSh622.6bKSh746.7bKSh203.2b3.8x3.1x0.8x
Tue, 07 Nov 2023KSh601.1bKSh725.5bKSh198.3b3.7x3x0.8x
Thu, 05 Oct 2023KSh630.5bKSh725.4bKSh198.3b3.9x3.2x0.9x
Sat, 02 Sep 2023KSh649.6bKSh719.7bKSh193.9b3.9x3.4x0.9x
Mon, 31 Jul 2023KSh680.0bKSh711.5bKSh198.8b4.2x3.4x1x
Wed, 28 Jun 2023KSh664.8bKSh712.5bKSh198.8b4.2x3.3x0.9x
Fri, 26 May 2023KSh632.3bKSh692.8bKSh190.6b4.1x3.3x0.9x
Sun, 23 Apr 2023KSh727.5bKSh693.3bKSh190.7b4.3x3.8x1x
Tue, 21 Mar 2023KSh659.2bKSh651.0bKSh186.6b3.5x3.5x1x
Thu, 16 Feb 2023KSh737.0bKSh647.3bKSh185.1b4x4x1.1x
Sat, 14 Jan 2023KSh727.5bKSh645.8bKSh185.1b4.2x3.9x1.1x
Mon, 12 Dec 2022KSh692.0bKSh636.2bKSh181.6b4.3x3.8x1.1x
Wed, 09 Nov 2022KSh686.2bKSh624.5bKSh176.3b4.5x3.9x1.1x
Fri, 07 Oct 2022KSh691.8bKSh624.6bKSh176.6b4.4x3.9x1.1x
Sun, 04 Sep 2022KSh723.1bKSh626.1bKSh177.4b4.6x4.1x1.2x
Tue, 02 Aug 2022KSh697.3bKSh600.4bKSh166.8b4.4x4.2x1.2x
Thu, 30 Jun 2022KSh642.9bKSh600.7bKSh166.6b4.5x3.9x1.1x
Sat, 28 May 2022KSh678.4bKSh579.9bKSh155.9b4.5x4.4x1.2x
Mon, 25 Apr 2022KSh753.3bKSh579.1bKSh155.3b4.5x4.9x1.3x
Wed, 23 Mar 2022KSh765.8bKSh548.5bKSh132.5b5.3x5.8x1.4x
Fri, 18 Feb 2022KSh772.2bKSh535.4bKSh128.1b5.7x6x1.4x
Sun, 16 Jan 2022KSh756.1bKSh535.4bKSh128.1b5.7x5.9x1.4x
Tue, 14 Dec 2021KSh728.0bKSh530.4bKSh127.4b5.3x5.7x1.4x
Thu, 11 Nov 2021KSh759.7bKSh509.9bKSh113.1b5.8x6.7x1.5x
Sat, 09 Oct 2021KSh760.4bKSh500.2bKSh110.4b6.2x6.9x1.5x
Mon, 06 Sep 2021KSh780.2bKSh497.3bKSh106.2b6.6x7.3x1.6x
Wed, 04 Aug 2021KSh760.6bKSh504.1bKSh106.3b6.5x7.2x1.5x
Sat, 08 May 2021KSh670.3bKSh475.5bKSh89.0b6.4x7.5x1.4x
Price to Earnings Ratio

7.5x


Total Market Cap: KSh670.3bTotal Earnings: KSh89.0bTotal Revenue: KSh475.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Financials Sector Price to Earnings3Y Average 4.6x202220232024
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 3.6x which is lower than its 3-year average PE of 4.6x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 17% 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-1.67%
Financials-3.96%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial0%
Consumer Finance0%
Capital Markets-1.66%
Banks-3.95%
Insurance-4.56%
Industry PE
  • Investors are most optimistic about the Banks industry even though it's trading below its 3-year average PE ratio of 4.3x.
    • Analysts are expecting annual earnings growth of 28.6%, which is higher than its past year's earnings growth of 13.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 29% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BKG BK GroupKSh35.256.8%
+KSh2.1b
11.7%PB0.9x
NCBA NCBA GroupKSh44.900.9%
+KSh659.0m
15.1%PB0.8x
CTUM Centum InvestmentKSh8.485.7%
+KSh303.9m
-3.0%PS0.5x
CIC CIC Insurance GroupKSh2.341.3%
+KSh78.5m
29.3%PE4.1x
HFCK HF GroupKSh4.014.4%
+KSh65.4m
5.0%PB0.2x
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Latest News

JUB

KSh191.00

Jubilee Holdings

7D

-3.9%

1Y

0.9%

KCB

KSh27.95

KCB Group

7D

-7.0%

1Y

-15.2%

SCBK

KSh195.25

Standard Chartered Bank Kenya

7D

-2.0%

1Y

14.9%

IMH

KSh19.05

I&M Group

7D

-12.2%

1Y

-5.9%

CIC

KSh2.34

CIC Insurance Group

7D

1.3%

1Y

29.3%

EQTY

KSh42.10

Equity Group Holdings

7D

-9.4%

1Y

-6.8%

NCBA

KSh44.90

NCBA Group

7D

0.9%

1Y

15.1%

COOP

KSh13.55

Co-operative Bank of Kenya

7D

-4.6%

1Y

3.8%

ABSA

KSh12.80

Absa Bank Kenya

7D

-5.5%

1Y

3.6%

NSE

KSh6.14

Nairobi Securities Exchange

7D

1.3%

1Y

2.0%

SBIC

KSh112.50

Stanbic Holdings

7D

-4.5%

1Y

-1.7%

BKG

KSh35.25

BK Group

7D

6.8%

1Y

11.7%

HFCK

KSh4.01

HF Group

7D

4.4%

1Y

5.0%

CTUM

KSh8.48

Centum Investment

7D

5.7%

1Y

-3.0%