Kenyan (NSE) Insurance Industry Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies6
- 7D-1.2%
- 3M-17.4%
- 1Y-31.3%
- YTD-28.0%
Over the last 7 days, the Insurance industry has dropped 1.2%, driven by Liberty Kenya Holdings declining 12%. However, the industry is down 31% over the past year.
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 |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | KSh42.4b | KSh141.9b | KSh9.1b | 7.3x | 4.7x | 0.3x |
| Thu, 27 Oct 2022 | KSh46.7b | KSh142.0b | KSh9.4b | 7.4x | 5x | 0.3x |
| Sat, 24 Sep 2022 | KSh49.6b | KSh142.0b | KSh9.4b | 7.7x | 5.3x | 0.3x |
| Mon, 22 Aug 2022 | KSh50.7b | KSh143.5b | KSh10.2b | 14.8x | 5x | 0.4x |
| Wed, 20 Jul 2022 | KSh48.9b | KSh142.4b | KSh9.9b | 15x | 4.9x | 0.3x |
| Fri, 17 Jun 2022 | KSh48.8b | KSh139.0b | KSh10.2b | 13.7x | 4.8x | 0.4x |
| Sun, 15 May 2022 | KSh53.1b | KSh140.2b | KSh10.8b | 4.6x | 4.9x | 0.4x |
| Tue, 12 Apr 2022 | KSh53.1b | KSh131.8b | -KSh30,566,000.00 | 4.1x | -1736x | 0.4x |
| Thu, 10 Mar 2022 | KSh54.6b | KSh131.8b | -KSh30,566,000.00 | 4.3x | -1785.6x | 0.4x |
| Sat, 05 Feb 2022 | KSh56.8b | KSh131.8b | -KSh30,566,000.00 | 4.5x | -1856.9x | 0.4x |
| Mon, 03 Jan 2022 | KSh59.5b | KSh113.5b | KSh642.0m | 3.6x | 92.7x | 0.5x |
| Wed, 01 Dec 2021 | KSh60.4b | KSh130.2b | KSh607.2m | 3.9x | 99.4x | 0.5x |
| Fri, 29 Oct 2021 | KSh64.0b | KSh130.2b | KSh607.2m | 4x | 105.4x | 0.5x |
| Sun, 26 Sep 2021 | KSh67.3b | KSh130.2b | KSh607.2m | 4.2x | 110.9x | 0.5x |
| Tue, 24 Aug 2021 | KSh67.2b | KSh130.3b | KSh1.1b | 3.9x | 63x | 0.5x |
| Wed, 30 Jun 2021 | KSh62.3b | KSh130.3b | KSh1.1b | 3.8x | 58.4x | 0.5x |
| Sat, 03 Apr 2021 | KSh55.6b | KSh128.4b | -KSh270,932,000.00 | 3.6x | -205.1x | 0.4x |
| Tue, 05 Jan 2021 | KSh57.0b | KSh126.4b | -KSh1,608,748,000.00 | 5x | -35.4x | 0.5x |
| Fri, 09 Oct 2020 | KSh54.6b | KSh124.0b | KSh3.5b | 4.3x | 15.4x | 0.4x |
| Thu, 02 Jul 2020 | KSh55.0b | KSh123.7b | KSh8.7b | 5.5x | 6.3x | 0.4x |
| Sun, 05 Apr 2020 | KSh54.8b | KSh125.4b | KSh10.7b | 6.7x | 5.1x | 0.4x |
| Wed, 08 Jan 2020 | KSh71.7b | KSh127.8b | KSh12.6b | 7.5x | 5.7x | 0.6x |
Price to Earnings Ratio
8x
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 4.7x which is higher than its 3-year average PE of -155x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Kenyan Financials industry?
| KE Market | -1.19% | |
| Financials | 0.78% | |
| Insurance | -1.15% | |
| Life and Health Insurance | 5.65% | |
| Reinsurance | 2.17% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
| General Insurance | -1.85% | |
Industry PE
- Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 12.1x.
- 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 | |
|---|---|---|---|---|---|
| KNRE Kenya Reinsurance | KSh1.90 | 5.0% +KSh252.0m | -18.5% | PE1.6x | |
| CIC CIC Insurance Group | KSh2.05 | 2.5% +KSh130.8m | -8.5% | PE7.6x | |
| SLAM Sanlam Kenya | KSh9.00 | 5.9% +KSh72.0m | -21.7% | PS0.1x |