Kenyan (NSE) Insurance Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies6
- 7D-0.009%
- 3M6.3%
- 1Y14.5%
- YTD5.1%
Over the last 7 days, the Insurance industry has dropped 3.4%, driven by CIC Insurance Group declining 7.6%. This takes the industry's 12 month performance to a gain of 16%.
Industry Valuation and Performance
Has the Kenyan Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | KSh42.5b | KSh141.4b | KSh13.7b | 3.8x | 3.1x | 0.3x |
| Sun, 24 Mar 2024 | KSh43.4b | KSh140.4b | KSh13.5b | 3.9x | 3.2x | 0.3x |
| Tue, 20 Feb 2024 | KSh40.1b | KSh140.4b | KSh13.5b | 3.5x | 3x | 0.3x |
| Thu, 18 Jan 2024 | KSh40.1b | KSh140.4b | KSh13.5b | 3.9x | 3x | 0.3x |
| Sat, 16 Dec 2023 | KSh39.6b | KSh143.4b | KSh13.4b | 4x | 2.9x | 0.3x |
| Mon, 13 Nov 2023 | KSh38.6b | KSh143.4b | KSh13.4b | 3.5x | 2.9x | 0.3x |
| Wed, 11 Oct 2023 | KSh38.5b | KSh143.4b | KSh13.4b | 3.7x | 2.9x | 0.3x |
| Fri, 08 Sep 2023 | KSh40.2b | KSh141.0b | KSh13.0b | 5.4x | 3.1x | 0.3x |
| Sun, 06 Aug 2023 | KSh38.8b | KSh141.0b | KSh13.0b | 5.5x | 3x | 0.3x |
| Tue, 04 Jul 2023 | KSh38.7b | KSh142.0b | KSh13.0b | 4.4x | 3x | 0.3x |
| Thu, 01 Jun 2023 | KSh38.5b | KSh145.8b | KSh10.1b | 4.5x | 3.8x | 0.3x |
| Sat, 29 Apr 2023 | KSh37.0b | KSh145.8b | KSh10.1b | 4.1x | 3.7x | 0.3x |
| Mon, 27 Mar 2023 | KSh36.8b | KSh143.5b | KSh9.8b | 4.7x | 3.8x | 0.3x |
| Wed, 22 Feb 2023 | KSh40.8b | KSh140.7b | KSh9.4b | 7.3x | 4.4x | 0.3x |
| Fri, 20 Jan 2023 | KSh42.1b | KSh140.7b | KSh9.4b | 7.2x | 4.5x | 0.3x |
| Sun, 18 Dec 2022 | KSh41.9b | KSh141.9b | KSh9.1b | 7.3x | 4.6x | 0.3x |
| Tue, 15 Nov 2022 | KSh43.7b | KSh141.9b | KSh9.1b | 7.3x | 4.8x | 0.3x |
| Thu, 13 Oct 2022 | KSh46.7b | KSh142.0b | KSh9.4b | 7.4x | 5x | 0.3x |
| Sat, 10 Sep 2022 | KSh51.9b | KSh143.5b | KSh10.2b | 15.3x | 5.1x | 0.4x |
| Mon, 08 Aug 2022 | KSh48.7b | KSh142.4b | KSh9.9b | 14.4x | 4.9x | 0.3x |
| Wed, 06 Jul 2022 | KSh48.3b | KSh142.4b | KSh9.9b | 14.3x | 4.9x | 0.3x |
| Fri, 03 Jun 2022 | KSh51.6b | KSh140.2b | KSh10.8b | 4.4x | 4.8x | 0.4x |
| Sun, 01 May 2022 | KSh52.2b | KSh140.2b | KSh10.8b | 4.6x | 4.8x | 0.4x |
| Tue, 29 Mar 2022 | KSh53.7b | KSh131.8b | -KSh30,566,000.00 | 4.1x | -1756.3x | 0.4x |
| Thu, 24 Feb 2022 | KSh56.1b | KSh131.8b | -KSh30,566,000.00 | 4.5x | -1833.8x | 0.4x |
| Sat, 22 Jan 2022 | KSh58.1b | KSh131.8b | -KSh30,566,000.00 | 4.6x | -1900.8x | 0.4x |
| Mon, 20 Dec 2021 | KSh59.2b | KSh130.2b | KSh607.2m | 3.8x | 97.4x | 0.5x |
| Wed, 17 Nov 2021 | KSh61.8b | KSh130.2b | KSh607.2m | 3.9x | 101.7x | 0.5x |
| Fri, 15 Oct 2021 | KSh64.6b | KSh130.2b | KSh607.2m | 3.9x | 106.4x | 0.5x |
| Sun, 12 Sep 2021 | KSh67.0b | KSh130.3b | KSh1.1b | 3.8x | 62.8x | 0.5x |
| Tue, 10 Aug 2021 | KSh68.4b | KSh130.3b | KSh1.1b | 3.9x | 64.1x | 0.5x |
| Mon, 03 May 2021 | KSh55.7b | KSh128.4b | -KSh270,932,000.00 | 3.8x | -205.4x | 0.4x |
Price to Earnings Ratio
-205.4x
Current Industry PE
- Investors are pessimistic on the Kenyan Insurance 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 3.2x which is higher than its 3-year average PE of -149x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- Total earnings for the Insurance industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.2% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Kenyan Financials industry?
| KE Market | -1.11% | |
| Financials | -1.75% | |
| Insurance | -0.0087% | |
| Life and Health Insurance | 6.45% | |
| Reinsurance | 1.05% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
| General Insurance | -0.32% | |
Industry PE
- Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BRIT Britam Holdings | KSh5.50 | 4.2% +KSh555.2m | 32.2% | PE8.7x | |
| LBTY Liberty Kenya Holdings | KSh5.26 | 6.0% +KSh160.7m | 31.5% | PE4.3x | |
| SLAM Sanlam Kenya | KSh6.60 | 6.5% +KSh57.6m | -18.7% | PS0.1x | |
| KNRE Kenya Reinsurance | KSh1.92 | 1.1% +KSh56.0m | 2.7% | PE1.5x |