Kenyan (NSE) Insurance Industry Analysis
- 7D1.9%
- 3M-10.9%
- 1Y10.5%
- YTD10.2%
Over the last 7 days, the Insurance industry has risen 1.9%, driven by gains from Jubilee Holdings of 3.7%. Meanwhile, Liberty Kenya Holdings actually underperformed within the industry, shrinking 8.8% in the last week. This takes the industry's 12 month performance to a gain of 11%.
Industry Valuation and Performance
Has the Kenyan Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | KSh61.2b | KSh130.2b | KSh607.2m | 3.9x |
| Wed, 27 Oct 2021 | KSh63.7b | KSh130.2b | KSh607.2m | 4x |
| Fri, 24 Sep 2021 | KSh65.8b | KSh130.2b | KSh607.2m | 4x |
| Sun, 22 Aug 2021 | KSh67.7b | KSh130.3b | KSh1.1b | 3.9x |
| Fri, 09 Jul 2021 | KSh62.3b | KSh130.3b | KSh1.1b | 3.8x |
| Thu, 01 Apr 2021 | KSh55.6b | KSh128.4b | -KSh270,932,000.00 | 3.6x |
| Sun, 03 Jan 2021 | KSh57.0b | KSh126.4b | -KSh1,608,748,000.00 | 5x |
| Wed, 07 Oct 2020 | KSh54.6b | KSh124.0b | KSh3.5b | 4.3x |
| Tue, 30 Jun 2020 | KSh55.0b | KSh123.7b | KSh8.7b | 5.5x |
| Fri, 03 Apr 2020 | KSh54.8b | KSh125.4b | KSh10.7b | 6.7x |
| Mon, 06 Jan 2020 | KSh71.7b | KSh127.8b | KSh12.6b | 7.5x |
| Thu, 10 Oct 2019 | KSh67.3b | KSh117.4b | KSh8.8b | 12.8x |
| Wed, 03 Jul 2019 | KSh78.0b | KSh107.4b | KSh5.0b | 9.1x |
| Sat, 06 Apr 2019 | KSh78.6b | KSh105.4b | KSh4.0b | 8.8x |
| Tue, 08 Jan 2019 | KSh84.5b | KSh103.3b | KSh2.9b | 10.9x |
11.2x
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Insurance industry have declined 51% per year over the last three years, while revenues for these companies have grown 7.3% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Kenyan Insurance industry?
| Reinsurance | 3.97% | |
| General Insurance | 1.86% | |
| Life and Health Insurance | -4.35% | |
Industry PE: Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 8.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 2.7x.
Forecasted Growth: There 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 | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| JUB Jubilee Holdings | 3.7%+KSh869.7m | 21.4% | PE3.9x | |
| BRIT Britam Holdings | 2.5%+KSh454.2m | 3.1% | PS0.6x | |
| KNRE Kenya Reinsurance | 4.0%+KSh252.0m | 11.3% | PE2.2x |