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Kenyan (NSE) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies10
  • 7D-4.2%
  • 3M-8.4%
  • 1Y11.9%
  • YTD7.5%

Over the last 7 days, the Banks industry has dropped 4.2%, driven by a pullback from Equity Group Holdings of 8.1%. This takes the industry's 12 month performance to a gain of 12%.

Industry Valuation and Performance

Has the Kenyan Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021KSh654.4bKSh387.7bKSh127.7b5x
Mon, 01 Nov 2021KSh669.2bKSh360.5bKSh112.0b6x
Wed, 29 Sep 2021KSh693.8bKSh362.2bKSh111.9b6.4x
Fri, 27 Aug 2021KSh735.9bKSh364.4bKSh107.4b7.2x
Sat, 03 Jul 2021KSh642.4bKSh364.4bKSh107.4b6.2x
Tue, 06 Apr 2021KSh607.0bKSh337.8bKSh91.4b6.7x
Fri, 08 Jan 2021KSh596.5bKSh325.2bKSh86.0b6.5x
Thu, 01 Oct 2020KSh583.3bKSh339.4bKSh88.8b6.5x
Sun, 05 Jul 2020KSh589.4bKSh343.3bKSh96.1b5.4x
Wed, 08 Apr 2020KSh593.8bKSh364.2bKSh110.8b5.2x
Tue, 31 Dec 2019KSh805.5bKSh354.0bKSh112.7b6.7x
Fri, 04 Oct 2019KSh643.3bKSh354.9bKSh112.1b5.2x
Mon, 08 Jul 2019KSh623.8bKSh330.7bKSh104.4b5.4x
Sun, 31 Mar 2019KSh688.8bKSh324.5bKSh103.1b6.1x
Wed, 02 Jan 2019KSh592.7bKSh308.8bKSh97.2b6.6x
PE Ratio

6.6x

Total Market Cap: KSh592.7bTotal Earnings: KSh97.2bTotal Revenue: KSh308.8b0%0%0%3 Year10 Year
20202021

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 6.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 10% per year over the last three years, and revenues for these companies have grown 8.4% 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 Banks industry?

Diversified Banks-4.17%

Industry PE: Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 6.1x. However analysts expect its future annual earnings growth (16%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 16% 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?

Company7D1YValuation
NCBA NCBA Group2.1%+KSh823.8m4.8%PB0.5x
SCBK Standard Chartered Bank Kenya1.2%+KSh650.8m-13.7%PB1.1x
ABSA Absa Bank Kenya0.9%+KSh543.2m13.2%PB1.1x
BKG BK Group1.5%+KSh361.8m80.0%PB0.8x
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KCB

KSh41.15

KCB Group

7D

-6.2%

1Y

12.1%