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Kuwaiti (PR) Market Analysis & Valuation

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies137
  • 7D-0.7%
  • 3M-0.6%
  • 1Y17.7%
  • YTD-0.7%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 3.9%. As for the longer term, the market has risen 18% in the past 12 months. As for the next few years, earnings are expected to grow by 6.3% per annum.

Market Valuation and Performance

Has the Kuwaiti Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026د.ك51.4bد.ك16.5bد.ك3.1b15.3x16.6x3.1x
Wed, 10 Dec 2025د.ك52.7bد.ك16.5bد.ك3.1b16.3x17x3.2x
Fri, 07 Nov 2025د.ك52.0bد.ك16.5bد.ك3.2b19.1x16.3x3.2x
Sun, 05 Oct 2025د.ك51.1bد.ك16.3bد.ك3.2b17.7x16.2x3.1x
Tue, 02 Sep 2025د.ك49.6bد.ك16.3bد.ك3.2b16.5x15.7x3x
Thu, 31 Jul 2025د.ك50.1bد.ك16.4bد.ك2.8b16.9x18x3.1x
Sat, 28 Jun 2025د.ك48.6bد.ك16.3bد.ك2.7b15.5x17.9x3x
Mon, 26 May 2025د.ك47.2bد.ك16.3bد.ك2.7b14.8x17.3x2.9x
Wed, 23 Apr 2025د.ك46.0bد.ك16.2bد.ك2.7b15x17x2.8x
Fri, 21 Mar 2025د.ك46.3bد.ك16.1bد.ك2.7b15.2x17.3x2.9x
Sun, 16 Feb 2025د.ك46.7bد.ك16.0bد.ك2.6b15x18.1x2.9x
Tue, 14 Jan 2025د.ك43.8bد.ك15.9bد.ك2.5b14.1x17.3x2.8x
Thu, 12 Dec 2024د.ك42.9bد.ك16.1bد.ك2.5b14.8x17.1x2.7x
Sat, 09 Nov 2024د.ك42.0bد.ك16.0bد.ك2.5b15.3x16.7x2.6x
Mon, 07 Oct 2024د.ك40.8bد.ك15.9bد.ك2.5b14.3x16.4x2.6x
Wed, 04 Sep 2024د.ك42.0bد.ك15.9bد.ك2.5b14.1x17x2.6x
Fri, 02 Aug 2024د.ك42.1bد.ك15.6bد.ك2.5b13.9x17.1x2.7x
Sun, 30 Jun 2024د.ك40.7bد.ك15.5bد.ك2.4b13.2x16.7x2.6x
Tue, 28 May 2024د.ك41.1bد.ك15.4bد.ك2.4b13.2x16.8x2.7x
Thu, 25 Apr 2024د.ك41.0bد.ك15.1bد.ك2.5b14.1x16.6x2.7x
Sat, 23 Mar 2024د.ك43.2bد.ك15.0bد.ك2.6b14.8x16.8x2.9x
Mon, 19 Feb 2024د.ك43.4bد.ك14.9bد.ك2.6b14.5x16.7x2.9x
Wed, 17 Jan 2024د.ك42.8bد.ك15.4bد.ك2.6b14.2x16.2x2.8x
Fri, 15 Dec 2023د.ك40.0bد.ك15.3bد.ك2.6b13.4x15.3x2.6x
Sun, 12 Nov 2023د.ك38.9bد.ك15.0bد.ك2.5b13.2x15.4x2.6x
Tue, 10 Oct 2023د.ك39.1bد.ك14.9bد.ك2.4b14x16.4x2.6x
Thu, 07 Sep 2023د.ك41.1bد.ك14.8bد.ك2.4b14x17.1x2.8x
Sat, 05 Aug 2023د.ك42.0bد.ك14.4bد.ك2.3b14.3x18.2x2.9x
Mon, 03 Jul 2023د.ك41.3bد.ك14.5bد.ك2.2b14.6x18.9x2.8x
Wed, 31 May 2023د.ك40.2bد.ك14.5bد.ك2.2b14.3x18.3x2.8x
Fri, 28 Apr 2023د.ك42.2bد.ك14.0bد.ك2.2b14.4x19.6x3x
Sun, 26 Mar 2023د.ك41.5bد.ك14.1bد.ك2.0b13.5x20.5x3x
Tue, 21 Feb 2023د.ك43.5bد.ك13.5bد.ك1.9b13.8x22.6x3.2x
Thu, 19 Jan 2023د.ك42.2bد.ك13.3bد.ك1.9b14.6x22.7x3.2x
Price to Earnings Ratio

22.7x


Total Market Cap: د.ك42.2bTotal Earnings: د.ك1.9bTotal Revenue: د.ك13.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.5x202420252026
Current Market PE
  • Investors are relatively neutral on the Kuwaiti market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.5x.
Past Earnings Growth
  • The earnings for Kuwaiti listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 7.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Kuwaiti Market?

KW Market-0.66%
Telecom0.84%
Energy0.12%
Healthcare-0.52%
Financials-0.57%
Consumer Staples-0.66%
Materials-0.83%
Real Estate-1.20%
Industrials-2.19%
Consumer Discretionary-2.29%
Utilities-3.33%
Tech-3.88%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 27.6x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 9.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
KFH Kuwait Finance House K.S.C.Pد.ك0.810.5%
+د.ك68.8m		16.1%PB2.3xFinancials
OOREDOO National Mobile Telecommunications Company K.S.C.Pد.ك1.567.8%
+د.ك56.6m		39.6%PE10.4xTelecom
URC United Real Estate Company K.S.C.Pد.ك0.273.8%
+د.ك14.4m		146.5%PE82.6xReal Estate
ALFTAQA Action Energy Company K.S.C (Closed)د.ك0.269.4%
+د.ك12.5m		n/aPE31.3xEnergy
ARKAN Arkan Al-Kuwait Real Estate Company K.S.C.Pد.ك0.3413.0%
+د.ك12.1m		201.8%PE38.2xReal Estate
See more

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Latest News

NBK
د.ك1.00
National Bank of KuwaitK.P
7D
-0.8%
1Y
15.8%

NBK: Lower Margins And Higher P/E Will Likely Pressure Returns

Analysts have trimmed their price target on National Bank of Kuwait K.P., citing slightly lower fair value estimates, along with modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: Trimmed slightly, with the model value moving from 0.73691 to 0.73242.
BOUBYAN
د.ك0.70
Boubyan Bank K.S.C.P
7D
-0.8%
1Y
22.2%

BOUBYAN: Modest Fair Value Shift Will Reflect Cautious Margins And Higher Future P/E

Analysts have nudged their price target for Boubyan Bank K.S.C.P. higher, with the fair value estimate moving from KD0.69 to KD0.71. This reflects updated views on growth, profitability and future P/E assumptions.
KFH
د.ك0.81
Kuwait Finance House K.S.C.P
7D
0.5%
1Y
16.1%

KFH: Future Multiple Compression Will Likely Outweigh AI Branch Avatar Benefits

Analysts have nudged their price target on Kuwait Finance House K.S.C.P. higher, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as the key drivers of the revision. What's in the News NCR Atleos is collaborating with Kuwait Finance House K.S.C.P. to deploy a hyper realistic conversational AI avatar at in branch kiosks, aimed at offering real time, personalized assistance for common service requests and branch specific information (Client Announcements).
ARKAN
د.ك0.34
Arkan Al-Kuwait Real Estate Company K.S.C.P
7D
13.0%
1Y
201.8%
ALFTAQA
د.ك0.26
Action Energy Company K.S.C (Closed)
7D
9.4%
1Y
n/a
OOREDOO
د.ك1.56
National Mobile Telecommunications Company K.S.C.P
7D
7.8%
1Y
39.6%
BOURSA
د.ك3.37
Boursa Kuwait Securities Company K.P.S.C
7D
-8.2%
1Y
39.9%
GFH
د.ك0.17
GFH Financial Group BSC
7D
-6.9%
1Y
80.8%
MABANEE
د.ك1.04
Mabanee Company K.P.S.C
7D
-3.4%
1Y
41.2%
MKHZN
د.ك0.14
Agility Public Warehousing Company K.S.C.P
7D
-5.4%
1Y
-45.5%
ATC
د.ك0.65
Advanced Technology Company K.S.C.P
7D
8.5%
1Y
100.8%
ALTIJARIA
د.ك0.22
Commercial Real Estate Company K.P.S.C
7D
2.8%
1Y
51.7%
IFAHR
د.ك0.93
IFA Hotels and Resorts - KPSC
7D
-10.1%
1Y
-43.3%
URC
د.ك0.27
United Real Estate Company K.S.C.P
7D
3.8%
1Y
146.5%
NIND
د.ك0.28
National Industries Group Holding - KPSC
7D
-4.1%
1Y
20.2%
KCEM
د.ك0.43
Kuwait Cement Company K.P.S.C
7D
2.1%
1Y
80.3%