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Kuwaiti (PR) Market Analysis & Valuation

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies138
  • 7D-0.5%
  • 3M0.9%
  • 1Y18.7%
  • YTD0.1%

In the last week, the market has been flat. More promisingly, the market is up 19% over the past year. Earnings are forecast to grow by 7.5% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026د.ك51.9bد.ك16.6bد.ك3.1b15.8x16.8x3.1x
Sun, 07 Dec 2025د.ك51.8bد.ك16.5bد.ك3.1b16.3x16.7x3.1x
Tue, 04 Nov 2025د.ك52.4bد.ك16.5bد.ك3.2b18.5x16.5x3.2x
Thu, 02 Oct 2025د.ك51.2bد.ك16.3bد.ك3.2b17.7x16.2x3.1x
Sat, 30 Aug 2025د.ك49.6bد.ك16.3bد.ك3.2b16.8x15.7x3x
Mon, 28 Jul 2025د.ك50.1bد.ك16.3bد.ك2.8b16.9x18.1x3.1x
Wed, 25 Jun 2025د.ك48.2bد.ك16.3bد.ك2.7b15.5x17.8x3x
Fri, 23 May 2025د.ك47.3bد.ك16.3bد.ك2.7b15x17.3x2.9x
Sun, 20 Apr 2025د.ك46.2bد.ك16.2bد.ك2.7b15x17x2.9x
Tue, 18 Mar 2025د.ك45.6bد.ك16.1bد.ك2.7b15.5x17.1x2.8x
Thu, 13 Feb 2025د.ك46.5bد.ك16.0bد.ك2.6b15.2x18x2.9x
Sat, 11 Jan 2025د.ك44.2bد.ك15.9bد.ك2.5b14.3x17.4x2.8x
Mon, 09 Dec 2024د.ك42.6bد.ك16.1bد.ك2.5b14.6x17x2.6x
Wed, 06 Nov 2024د.ك41.8bد.ك16.0bد.ك2.5b14.7x16.6x2.6x
Fri, 04 Oct 2024د.ك41.2bد.ك15.9bد.ك2.5b14.3x16.6x2.6x
Sun, 01 Sep 2024د.ك42.0bد.ك15.9bد.ك2.5b14.1x17x2.6x
Tue, 30 Jul 2024د.ك42.0bد.ك15.6bد.ك2.5b14x17.1x2.7x
Thu, 27 Jun 2024د.ك40.7bد.ك15.5bد.ك2.4b13.4x16.7x2.6x
Sat, 25 May 2024د.ك41.4bد.ك15.4bد.ك2.4b13.1x16.9x2.7x
Mon, 22 Apr 2024د.ك47.5bد.ك15.1bد.ك2.4b13.9x19.4x3.2x
Wed, 20 Mar 2024د.ك43.0bد.ك15.0bد.ك2.6b15x16.7x2.9x
Fri, 16 Feb 2024د.ك42.8bد.ك14.9bد.ك2.6b14.5x16.5x2.9x
Sun, 14 Jan 2024د.ك42.6bد.ك15.3bد.ك2.6b14x16.1x2.8x
Tue, 12 Dec 2023د.ك39.6bد.ك15.3bد.ك2.6b13.5x15.2x2.6x
Thu, 09 Nov 2023د.ك38.7bد.ك14.9bد.ك2.5b13.6x15.5x2.6x
Sat, 07 Oct 2023د.ك40.0bد.ك14.9bد.ك2.4b14x16.7x2.7x
Mon, 04 Sep 2023د.ك41.2bد.ك14.8bد.ك2.4b14x17.2x2.8x
Wed, 02 Aug 2023د.ك42.5bد.ك14.4bد.ك2.3b15x18.4x2.9x
Fri, 30 Jun 2023د.ك41.3bد.ك14.5bد.ك2.2b14.6x18.9x2.8x
Sun, 28 May 2023د.ك39.7bد.ك14.5bد.ك2.2b14x18.2x2.7x
Tue, 25 Apr 2023د.ك42.2bد.ك14.0bد.ك2.2b14.1x19.6x3x
Thu, 23 Mar 2023د.ك41.6bد.ك13.6bد.ك2.0b13.5x21x3x
Sat, 18 Feb 2023د.ك43.5bد.ك13.6bد.ك1.9b13.8x22.6x3.2x
Mon, 16 Jan 2023د.ك41.7bد.ك13.3bد.ك1.9b14.1x22.5x3.1x
Price to Earnings Ratio

22.5x


Total Market Cap: د.ك41.7bTotal Earnings: د.ك1.9bTotal Revenue: د.ك13.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.6x202420252026
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 17.6x.
Past Earnings Growth
  • The earnings for Kuwaiti listed companies have grown 19% per year over the last three years.
  • Revenues for these companies have grown 7.7% 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-0.50%
Consumer Staples1.94%
Energy1.16%
Healthcare0%0
Real Estate-0.042%
Telecom-0.10%
Financials-0.60%
Materials-0.61%
Utilities-0.67%
Industrials-0.88%
Consumer Discretionary-1.20%
Tech-2.29%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 27.0x.
    • 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 Materials sector, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 27% 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
OOREDOO National Mobile Telecommunications Company K.S.C.Pد.ك1.548.7%
+د.ك61.6m		34.8%PE10.2xTelecom
ALTIJARIA Commercial Real Estate Company K.P.S.Cد.ك0.2210.3%
+د.ك37.9m		55.9%PE27xReal Estate
ALFTAQA Action Energy Company K.S.C (Closed)د.ك0.2815.9%
+د.ك21.5m		n/aPE34xEnergy
URC United Real Estate Company K.S.C.Pد.ك0.272.6%
+د.ك10.0m		155.0%PE83.2xReal Estate
ACICO ACICO Industries Company - K.S.C. (Public)د.ك0.377.2%
+د.ك8.3m		366.0%PE77.5xMaterials
See more

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NBK
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National Bank of KuwaitK.P
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Analysts have trimmed their price target for National Bank of Kuwait K.P., citing a slightly lower fair value of approximately $0.74 compared with about $0.76 previously, as they balance expectations of stronger revenue growth against a modestly higher discount rate and slightly softer profit margins. Valuation Changes The fair value estimate has fallen slightly to about KWD 0.74 from roughly KWD 0.76, reflecting a modest downward revision in intrinsic value.
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Action Energy Company K.S.C (Closed)
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15.9%
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OOREDOO
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National Mobile Telecommunications Company K.S.C.P
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STC
د.ك0.69
Kuwait Telecommunications Company K.S.C.P
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BOURSA
د.ك3.57
Boursa Kuwait Securities Company K.P.S.C
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GFH
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GFH Financial Group BSC
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KIB
د.ك0.28
Kuwait International Bank K.S.C.P
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1Y
47.6%
MABANEE
د.ك1.07
Mabanee Company K.P.S.C
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1Y
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ALTIJARIA
د.ك0.22
Commercial Real Estate Company K.P.S.C
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10.3%
1Y
55.9%
ACICO
د.ك0.37
ACICO Industries Company - K.S.C. (Public)
7D
7.2%
1Y
366.0%
URC
د.ك0.27
United Real Estate Company K.S.C.P
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2.6%
1Y
155.0%
ZAIN
د.ك0.52
Mobile Telecommunications Company K.S.C.P
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1Y
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BOUBYAN
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Boubyan Bank K.S.C.P
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