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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022KSh42.4bKSh141.9bKSh9.1b7.3x4.7x0.3x
Thu, 27 Oct 2022KSh46.7bKSh142.0bKSh9.4b7.4x5x0.3x
Sat, 24 Sep 2022KSh49.6bKSh142.0bKSh9.4b7.7x5.3x0.3x
Mon, 22 Aug 2022KSh50.7bKSh143.5bKSh10.2b14.8x5x0.4x
Wed, 20 Jul 2022KSh48.9bKSh142.4bKSh9.9b15x4.9x0.3x
Fri, 17 Jun 2022KSh48.8bKSh139.0bKSh10.2b13.7x4.8x0.4x
Sun, 15 May 2022KSh53.1bKSh140.2bKSh10.8b4.6x4.9x0.4x
Tue, 12 Apr 2022KSh53.1bKSh131.8b-KSh30,566,000.004.1x-1736x0.4x
Thu, 10 Mar 2022KSh54.6bKSh131.8b-KSh30,566,000.004.3x-1785.6x0.4x
Sat, 05 Feb 2022KSh56.8bKSh131.8b-KSh30,566,000.004.5x-1856.9x0.4x
Mon, 03 Jan 2022KSh59.5bKSh113.5bKSh642.0m3.6x92.7x0.5x
Wed, 01 Dec 2021KSh60.4bKSh130.2bKSh607.2m3.9x99.4x0.5x
Fri, 29 Oct 2021KSh64.0bKSh130.2bKSh607.2m4x105.4x0.5x
Sun, 26 Sep 2021KSh67.3bKSh130.2bKSh607.2m4.2x110.9x0.5x
Tue, 24 Aug 2021KSh67.2bKSh130.3bKSh1.1b3.9x63x0.5x
Wed, 30 Jun 2021KSh62.3bKSh130.3bKSh1.1b3.8x58.4x0.5x
Sat, 03 Apr 2021KSh55.6bKSh128.4b-KSh270,932,000.003.6x-205.1x0.4x
Tue, 05 Jan 2021KSh57.0bKSh126.4b-KSh1,608,748,000.005x-35.4x0.5x
Fri, 09 Oct 2020KSh54.6bKSh124.0bKSh3.5b4.3x15.4x0.4x
Thu, 02 Jul 2020KSh55.0bKSh123.7bKSh8.7b5.5x6.3x0.4x
Sun, 05 Apr 2020KSh54.8bKSh125.4bKSh10.7b6.7x5.1x0.4x
Wed, 08 Jan 2020KSh71.7bKSh127.8bKSh12.6b7.5x5.7x0.6x
Price to Earnings Ratio

8x


Total Market Cap: KSh70.5bTotal Earnings: KSh8.8bTotal Revenue: KSh117.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Insurance Industry Price to Earnings3Y Average -155.3x202020212022
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%
Financials0.78%
Insurance-1.15%
Life and Health Insurance5.65%
Reinsurance2.17%
Insurance Brokers0%
Property and Casualty Insurance0%
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?

CompanyLast Price7D1YValuation
KNRE Kenya ReinsuranceKSh1.905.0%
+KSh252.0m
-18.5%PE1.6x
CIC CIC Insurance GroupKSh2.052.5%
+KSh130.8m
-8.5%PE7.6x
SLAM Sanlam KenyaKSh9.005.9%
+KSh72.0m
-21.7%PS0.1x
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Latest News

SLAM

KSh8.98

Sanlam Kenya

7D

5.6%

1Y

-24.2%

LBTY

KSh4.36

Liberty Kenya Holdings

7D

-12.5%

1Y

-35.9%

KNRE

KSh1.88

Kenya Reinsurance

7D

2.2%

1Y

-18.6%

CIC

KSh1.96

CIC Insurance Group

7D

-0.5%

1Y

-14.4%

BRIT

KSh5.60

Britam Holdings

7D

-0.7%

1Y

-25.3%

JUB

KSh197.00

Jubilee Holdings

7D

-1.5%

1Y

-42.9%