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Kenyan (NSE) Banks Industry Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies10
  • 7D-0.4%
  • 3M-2.9%
  • 1Y-3.4%
  • YTD-6.6%

Last week, the Banks industry hasn't moved much but NCBA Group is up 7.4% in that time. Unfortunately though, the industry is down 3.4% over the past 12 months. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022KSh641.9bKSh471.9bKSh168.1b3.9x3.8x1.4x
Tue, 25 Oct 2022KSh632.7bKSh469.8bKSh166.7b3.7x3.8x1.3x
Thu, 22 Sep 2022KSh646.3bKSh469.8bKSh166.7b3.8x3.9x1.4x
Sat, 20 Aug 2022KSh663.6bKSh445.3bKSh156.5b4.1x4.2x1.5x
Mon, 18 Jul 2022KSh613.0bKSh445.5bKSh156.2b3.8x3.9x1.4x
Wed, 15 Jun 2022KSh608.3bKSh437.6bKSh152.0b3.8x4x1.4x
Fri, 13 May 2022KSh614.7bKSh427.6bKSh145.6b4.4x4.2x1.4x
Sun, 10 Apr 2022KSh689.5bKSh423.4bKSh145.6b4.6x4.7x1.6x
Tue, 08 Mar 2022KSh688.4bKSh391.1bKSh128.8b5.2x5.3x1.8x
Thu, 03 Feb 2022KSh702.9bKSh391.1bKSh128.8b5.4x5.5x1.8x
Sat, 01 Jan 2022KSh694.9bKSh391.1bKSh128.8b5.3x5.4x1.8x
Mon, 29 Nov 2021KSh671.8bKSh387.7bKSh127.7b5.1x5.3x1.7x
Wed, 27 Oct 2021KSh667.4bKSh360.5bKSh112.0b6x6x1.9x
Fri, 24 Sep 2021KSh698.0bKSh357.7bKSh107.4b6.8x6.5x2x
Sun, 22 Aug 2021KSh712.9bKSh364.4bKSh107.4b7.2x6.6x2x
Fri, 09 Jul 2021KSh642.4bKSh364.4bKSh107.4b6.2x6x1.8x
Thu, 01 Apr 2021KSh607.0bKSh337.8bKSh91.4b6.7x6.6x1.8x
Sun, 03 Jan 2021KSh596.5bKSh325.2bKSh86.0b6.5x6.9x1.8x
Wed, 07 Oct 2020KSh583.3bKSh339.4bKSh88.8b6.5x6.6x1.7x
Tue, 30 Jun 2020KSh589.4bKSh343.3bKSh96.1b5.4x6.1x1.7x
Fri, 03 Apr 2020KSh593.8bKSh364.2bKSh110.8b5.2x5.4x1.6x
Mon, 06 Jan 2020KSh805.5bKSh354.0bKSh112.7b6.7x7.1x2.3x
Price to Earnings Ratio

6.9x


Total Market Cap: KSh741.9bTotal Earnings: KSh107.9bTotal Revenue: KSh341.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Banks Industry Price to Earnings3Y Average 5.7x202020212022
Current Industry PE
  • Investors are pessimistic on the Kenyan Banks 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 3.8x which is lower than its 3-year average PE of 5.7x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% 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 industry?

KE Market-1.34%
Financials-0.33%
Banks-0.36%
Regional Banks0%
Diversified Banks-0.36%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 5.7x.
    • Analysts are expecting annual earnings growth of 16.1%, which is lower than the prior year's growth of 39.3% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 5.7x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 39% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 16% 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
NCBA NCBA GroupKSh32.857.4%
+KSh3.7b
39.8%PB0.7x
COOP Co-operative Bank of KenyaKSh12.453.8%
+KSh2.6b
0.8%PB0.7x
SCBK Standard Chartered Bank KenyaKSh143.003.1%
+KSh1.6b
12.2%PB1x
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Latest News

SCBK

KSh143.00

Standard Chartered Bank Kenya

7D

3.1%

1Y

12.2%

SBIC

KSh95.00

Stanbic Holdings

7D

-2.6%

1Y

4.4%

COOP

KSh12.45

Co-operative Bank of Kenya

7D

3.8%

1Y

0.8%

NCBA

KSh32.85

NCBA Group

7D

7.4%

1Y

39.8%

KCB

KSh37.60

KCB Group

7D

-3.1%

1Y

-14.3%

DTK

KSh47.00

Diamond Trust Bank Kenya

7D

-0.8%

1Y

-17.5%

ABSA

KSh11.65

Absa Bank Kenya

7D

-0.4%

1Y

6.4%

EQTY

KSh45.95

Equity Group Holdings

7D

-1.8%

1Y

-10.8%

BKG

KSh27.00

BK Group

7D

-6.9%

1Y

1.5%