Kenyan (NSE) General Insurance Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
- 7D-3.5%
- 3M7.3%
- 1Y18.0%
- YTDn/a
Over the last 7 days, the General Insurance industry has dropped 1.7%, driven by a pullback from Jubilee Holdings of 3.9%. This takes the industry's 12 month performance to a gain of 18%.
Industry Valuation and Performance
Has the Kenyan General Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | KSh37.3b | KSh110.9b | KSh10.1b | 4.1x | 3.7x | 0.3x |
| Sat, 23 Mar 2024 | KSh36.8b | KSh106.2b | KSh9.8b | 6x | 3.8x | 0.3x |
| Mon, 19 Feb 2024 | KSh33.8b | KSh106.2b | KSh9.8b | 5.7x | 3.4x | 0.3x |
| Wed, 17 Jan 2024 | KSh34.0b | KSh106.2b | KSh9.8b | 5.9x | 3.5x | 0.3x |
| Fri, 15 Dec 2023 | KSh34.3b | KSh106.2b | KSh9.8b | 5.1x | 3.5x | 0.3x |
| Sun, 12 Nov 2023 | KSh32.7b | KSh106.2b | KSh9.8b | 4.6x | 3.3x | 0.3x |
| Tue, 10 Oct 2023 | KSh32.6b | KSh106.2b | KSh9.8b | 4.6x | 3.3x | 0.3x |
| Thu, 07 Sep 2023 | KSh34.5b | KSh103.8b | KSh9.4b | 5.9x | 3.7x | 0.3x |
| Sat, 05 Aug 2023 | KSh32.4b | KSh103.8b | KSh9.4b | 5.9x | 3.5x | 0.3x |
| Mon, 03 Jul 2023 | KSh32.9b | KSh104.2b | KSh9.4b | 5.5x | 3.5x | 0.3x |
| Wed, 31 May 2023 | KSh30.8b | KSh106.6b | KSh6.9b | 16x | 4.5x | 0.3x |
| Fri, 28 Apr 2023 | KSh30.7b | KSh106.6b | KSh6.9b | 15.5x | 4.5x | 0.3x |
| Sun, 26 Mar 2023 | KSh30.4b | KSh103.8b | KSh6.5b | 19.6x | 4.7x | 0.3x |
| Tue, 21 Feb 2023 | KSh34.5b | KSh103.8b | KSh6.5b | 20.2x | 5.3x | 0.3x |
| Thu, 19 Jan 2023 | KSh35.9b | KSh103.8b | KSh6.5b | 20.3x | 5.5x | 0.3x |
| Sat, 17 Dec 2022 | KSh35.3b | KSh105.0b | KSh6.2b | 22.6x | 5.7x | 0.3x |
| Mon, 14 Nov 2022 | KSh37.4b | KSh105.0b | KSh6.2b | 20.3x | 6x | 0.4x |
| Wed, 12 Oct 2022 | KSh40.3b | KSh105.1b | KSh6.5b | 20.4x | 6.2x | 0.4x |
| Fri, 09 Sep 2022 | KSh44.3b | KSh106.6b | KSh7.3b | 32.7x | 6.1x | 0.4x |
| Sun, 07 Aug 2022 | KSh41.3b | KSh106.6b | KSh7.3b | 26.9x | 5.6x | 0.4x |
| Tue, 05 Jul 2022 | KSh40.8b | KSh106.6b | KSh7.3b | 25.3x | 5.6x | 0.4x |
| Thu, 02 Jun 2022 | KSh43.7b | KSh107.3b | KSh7.9b | 9.3x | 5.5x | 0.4x |
| Sat, 30 Apr 2022 | KSh44.7b | KSh107.3b | KSh7.9b | 9.9x | 5.6x | 0.4x |
| Mon, 28 Mar 2022 | KSh45.7b | KSh97.1b | -KSh1,821,728,000.00 | 5.1x | -25.1x | 0.5x |
| Wed, 23 Feb 2022 | KSh48.4b | KSh97.1b | -KSh1,821,728,000.00 | 5.7x | -26.6x | 0.5x |
| Fri, 21 Jan 2022 | KSh50.4b | KSh97.1b | -KSh1,821,728,000.00 | 5.7x | -27.7x | 0.5x |
| Sun, 19 Dec 2021 | KSh51.3b | KSh95.6b | -KSh2,218,705,000.00 | 4.8x | -23.1x | 0.5x |
| Tue, 16 Nov 2021 | KSh53.6b | KSh95.6b | -KSh2,218,705,000.00 | 5x | -24.1x | 0.6x |
| Thu, 14 Oct 2021 | KSh56.2b | KSh95.6b | -KSh2,218,705,000.00 | 5.3x | -25.3x | 0.6x |
| Sat, 11 Sep 2021 | KSh58.5b | KSh95.7b | -KSh1,759,030,000.00 | 5x | -33.3x | 0.6x |
| Mon, 09 Aug 2021 | KSh59.4b | KSh95.7b | -KSh1,759,030,000.00 | 5.7x | -33.8x | 0.6x |
| Sun, 02 May 2021 | KSh47.1b | KSh93.8b | -KSh3,096,846,000.00 | 4.9x | -15.2x | 0.5x |
Price to Earnings Ratio
-15.2x
Current Industry PE
- Investors are pessimistic on the Kenyan Multi-line 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 3.8x which is higher than its 3-year average PE of -5.0x.
- The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
- Total earnings for the Multi-line 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 Comparison
How does Kenyan General Insurance compare with similar industries?
| KE Market | -2.04% | |
| Financials | -2.76% | |
| Insurance | -3.40% | |
| General Insurance | -3.51% | |
| Life and Health Insurance | 6.11% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
| Reinsurance | -4.02% | |
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 | |
|---|---|---|---|---|---|
| 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 |