Kenyan (NSE) Diversified Banks Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies10
- 7D-5.2%
- 3M15.6%
- 1Y-0.5%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 5.2%, driven by Equity Group Holdings declining 9.4%. In contrast, BK Group has gained 6.8%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Kenyan Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | KSh668.2b | KSh603.1b | KSh192.4b | 3.6x | 3.5x | 1.1x |
| Wed, 20 Mar 2024 | KSh664.8b | KSh589.5b | KSh193.0b | 3.8x | 3.4x | 1.1x |
| Fri, 16 Feb 2024 | KSh585.1b | KSh586.6b | KSh192.3b | 3.5x | 3x | 1x |
| Sun, 14 Jan 2024 | KSh574.8b | KSh588.0b | KSh192.8b | 3.3x | 3x | 1x |
| Tue, 12 Dec 2023 | KSh572.8b | KSh587.4b | KSh192.6b | 3.4x | 3x | 1x |
| Thu, 09 Nov 2023 | KSh540.0b | KSh567.4b | KSh188.6b | 3.3x | 2.9x | 1x |
| Sat, 07 Oct 2023 | KSh583.9b | KSh567.2b | KSh188.6b | 3.5x | 3.1x | 1x |
| Mon, 04 Sep 2023 | KSh600.6b | KSh567.0b | KSh188.6b | 3.5x | 3.2x | 1.1x |
| Wed, 02 Aug 2023 | KSh633.6b | KSh556.2b | KSh186.8b | 3.7x | 3.4x | 1.1x |
| Fri, 30 Jun 2023 | KSh620.7b | KSh556.2b | KSh186.8b | 3.6x | 3.3x | 1.1x |
| Sun, 28 May 2023 | KSh585.5b | KSh538.0b | KSh181.3b | 3.6x | 3.2x | 1.1x |
| Tue, 25 Apr 2023 | KSh676.5b | KSh533.4b | KSh181.6b | 4.1x | 3.7x | 1.3x |
| Thu, 23 Mar 2023 | KSh629.1b | KSh507.7b | KSh181.2b | 3.3x | 3.5x | 1.2x |
| Sat, 18 Feb 2023 | KSh688.3b | KSh493.1b | KSh177.3b | 3.8x | 3.9x | 1.4x |
| Mon, 16 Jan 2023 | KSh676.1b | KSh491.1b | KSh176.7b | 3.8x | 3.8x | 1.4x |
| Wed, 14 Dec 2022 | KSh640.7b | KSh481.6b | KSh172.1b | 3.5x | 3.7x | 1.3x |
| Fri, 11 Nov 2022 | KSh632.7b | KSh469.8b | KSh166.7b | 3.8x | 3.8x | 1.3x |
| Sun, 09 Oct 2022 | KSh635.0b | KSh469.8b | KSh166.7b | 3.8x | 3.8x | 1.4x |
| Tue, 06 Sep 2022 | KSh661.3b | KSh469.9b | KSh166.7b | 3.9x | 4x | 1.4x |
| Thu, 04 Aug 2022 | KSh637.7b | KSh445.3b | KSh156.5b | 4x | 4.1x | 1.4x |
| Sat, 02 Jul 2022 | KSh603.4b | KSh445.5b | KSh156.2b | 3.7x | 3.9x | 1.4x |
| Mon, 30 May 2022 | KSh616.9b | KSh432.3b | KSh148.7b | 4.1x | 4.1x | 1.4x |
| Wed, 27 Apr 2022 | KSh671.6b | KSh426.4b | KSh145.2b | 4.5x | 4.6x | 1.6x |
| Fri, 25 Mar 2022 | KSh702.5b | KSh427.3b | KSh144.2b | 4.9x | 4.9x | 1.6x |
| Sun, 20 Feb 2022 | KSh704.3b | KSh391.1b | KSh128.8b | 5.3x | 5.5x | 1.8x |
| Tue, 18 Jan 2022 | KSh682.8b | KSh391.1b | KSh128.8b | 5.4x | 5.3x | 1.7x |
| Thu, 16 Dec 2021 | KSh663.8b | KSh387.8b | KSh127.7b | 5.1x | 5.2x | 1.7x |
| Sat, 13 Nov 2021 | KSh681.7b | KSh370.3b | KSh114.7b | 6x | 5.9x | 1.8x |
| Mon, 11 Oct 2021 | KSh679.1b | KSh360.5b | KSh112.0b | 6.2x | 6.1x | 1.9x |
| Wed, 08 Sep 2021 | KSh696.9b | KSh357.5b | KSh107.3b | 6.7x | 6.5x | 1.9x |
| Fri, 06 Aug 2021 | KSh687.8b | KSh364.4b | KSh107.4b | 6.6x | 6.4x | 1.9x |
| Mon, 10 May 2021 | KSh600.6b | KSh337.8b | KSh91.4b | 6.6x | 6.6x | 1.8x |
Price to Earnings Ratio
6.6x
Current Industry PE
- Investors are pessimistic on the Kenyan Diversified 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 3.5x which is lower than its 3-year average PE of 4.3x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Kenyan Diversified Banks compare with similar industries?
| KE Market | -3.74% | |
| Financials | -4.91% | |
| Banks | -5.14% | |
| Diversified Banks | -5.16% | |
| Regional Banks | 4.43% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NCBA NCBA Group | KSh44.65 | 2.4% +KSh1.7b | 11.6% | PB0.8x | |
| BKG BK Group | KSh32.55 | 5.9% +KSh1.7b | -5.4% | PB0.8x |