Has the Kenyan Financials Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||KSh746.8b||KSh525.8b||KSh123.6b||5.1x|
|Thu, 28 Oct 2021||KSh748.2b||KSh500.2b||KSh110.4b||6x|
|Sat, 25 Sep 2021||KSh777.6b||KSh501.9b||KSh110.4b||6.4x|
|Mon, 23 Aug 2021||KSh797.5b||KSh504.1b||KSh106.3b||7x|
|Sat, 10 Jul 2021||KSh719.9b||KSh504.1b||KSh106.3b||6.2x|
|Fri, 02 Apr 2021||KSh676.5b||KSh475.5b||KSh89.0b||6.7x|
|Mon, 04 Jan 2021||KSh667.5b||KSh456.4b||KSh81.6b||6.5x|
|Thu, 08 Oct 2020||KSh655.2b||KSh478.7b||KSh89.8b||6.4x|
|Wed, 01 Jul 2020||KSh665.1b||KSh488.7b||KSh107.1b||6.3x|
|Sat, 04 Apr 2020||KSh667.6b||KSh515.9b||KSh128.2b||5.3x|
|Tue, 07 Jan 2020||KSh902.5b||KSh514.3b||KSh133.4b||6.7x|
|Mon, 30 Sep 2019||KSh736.9b||KSh508.7b||KSh129.9b||6.2x|
|Thu, 04 Jul 2019||KSh727.5b||KSh470.4b||KSh115.7b||6.4x|
|Sun, 07 Apr 2019||KSh794.1b||KSh457.9b||KSh111.8b||6.4x|
|Wed, 09 Jan 2019||KSh702.5b||KSh436.7b||KSh103.1b||6.6x|
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.
Which industries have driven the changes within the Kenyan Financials sector?
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.
Which companies have driven the market over the last 7 days?
Diamond Trust Bank Kenya
Absa Bank Kenya
Standard Chartered Bank Kenya
Equity Group Holdings
Liberty Kenya Holdings
Co-operative Bank of Kenya