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Kuwaiti (PR) Market Analysis & Valuation

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies137
  • 7D-0.6%
  • 3M-2.7%
  • 1Y6.2%
  • YTD-2.9%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector declined by 10%. As for the longer term, the market has risen 6.2% in the past 12 months. As for the next few years, earnings are expected to grow by 9.8% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026د.ك50.2bد.ك16.4bد.ك3.1b15x16.4x3.1x
Wed, 21 Jan 2026د.ك51.7bد.ك16.4bد.ك3.1b15.5x16.7x3.1x
Fri, 19 Dec 2025د.ك52.1bد.ك16.5bد.ك3.1b16.1x16.8x3.2x
Sun, 16 Nov 2025د.ك52.0bد.ك16.6bد.ك3.2b17.4x16x3.1x
Tue, 14 Oct 2025د.ك51.6bد.ك16.3bد.ك3.2b18.2x16.3x3.2x
Thu, 11 Sep 2025د.ك50.9bد.ك16.3bد.ك3.2b17.5x16.1x3.1x
Sat, 09 Aug 2025د.ك50.2bد.ك16.4bد.ك2.8b16.6x17.7x3.1x
Mon, 07 Jul 2025د.ك49.0bد.ك16.2bد.ك2.7b15.9x17.9x3x
Wed, 04 Jun 2025د.ك47.5bد.ك16.3bد.ك2.7b15.3x17.5x2.9x
Fri, 02 May 2025د.ك46.7bد.ك16.2bد.ك2.7b14.9x17.2x2.9x
Sun, 30 Mar 2025د.ك46.8bد.ك16.1bد.ك2.7b15.6x17.2x2.9x
Tue, 25 Feb 2025د.ك46.9bد.ك16.0bد.ك2.6b15.3x18.2x2.9x
Thu, 23 Jan 2025د.ك45.1bد.ك15.9bد.ك2.5b14.9x17.7x2.8x
Sat, 21 Dec 2024د.ك42.6bد.ك15.9bد.ك2.5b14.8x16.8x2.7x
Mon, 18 Nov 2024د.ك42.9bد.ك16.1bد.ك2.5b14.2x17.1x2.7x
Wed, 16 Oct 2024د.ك41.5bد.ك15.9bد.ك2.5b14.9x16.7x2.6x
Fri, 13 Sep 2024د.ك41.8bد.ك15.9bد.ك2.5b14.6x16.9x2.6x
Sun, 11 Aug 2024د.ك41.3bد.ك15.8bد.ك2.5b14x16.7x2.6x
Tue, 09 Jul 2024د.ك41.2bد.ك15.5bد.ك2.4b13.7x16.9x2.7x
Thu, 06 Jun 2024د.ك40.9bد.ك15.4bد.ك2.4b13.4x16.7x2.6x
Sat, 04 May 2024د.ك40.8bد.ك15.1bد.ك2.4b14.1x16.9x2.7x
Mon, 01 Apr 2024د.ك42.6bد.ك15.1bد.ك2.5b14.7x17.3x2.8x
Wed, 28 Feb 2024د.ك44.1bد.ك14.9bد.ك2.6b14.9x16.8x3x
Fri, 26 Jan 2024د.ك43.3bد.ك15.4bد.ك2.6b14.4x16.4x2.8x
Sun, 24 Dec 2023د.ك40.3bد.ك15.3bد.ك2.6b13.5x15.5x2.6x
Tue, 21 Nov 2023د.ك39.1bد.ك15.3bد.ك2.6b13.5x15.2x2.6x
Thu, 19 Oct 2023د.ك39.8bد.ك15.0bد.ك2.4b14x16.3x2.7x
Sat, 16 Sep 2023د.ك41.4bد.ك14.8bد.ك2.4b14.2x17.3x2.8x
Mon, 14 Aug 2023د.ك42.1bد.ك14.5bد.ك2.4b14.3x17.6x2.9x
Wed, 12 Jul 2023د.ك42.7bد.ك14.5bد.ك2.2b15x19.5x2.9x
Fri, 09 Jun 2023د.ك40.3bد.ك14.5bد.ك2.2b14.6x18.5x2.8x
Sun, 07 May 2023د.ك41.4bد.ك14.2bد.ك2.2b14.3x18.5x2.9x
Tue, 04 Apr 2023د.ك40.4bد.ك13.8bد.ك2.0b13.7x20x2.9x
Thu, 02 Mar 2023د.ك42.8bد.ك13.6bد.ك1.9b13.8x22.4x3.2x
Price to Earnings Ratio

22.4x


Total Market Cap: د.ك42.8bTotal Earnings: د.ك1.9bTotal Revenue: د.ك13.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.3x202420252026
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 17.3x.
Past Earnings Growth
  • The earnings for Kuwaiti listed companies have grown 17% per year over the last three years.
  • Revenues for these companies have grown 6.5% 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-0.62%
Telecom2.45%
Healthcare1.12%
Utilities0.69%
Consumer Discretionary-0.082%
Industrials-0.60%
Financials-0.65%
Real Estate-2.21%
Energy-2.73%
Consumer Staples-3.30%
Materials-3.44%
Tech-10.26%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 34.5x.
    • 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 25% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 6.0% 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
ZAIN Mobile Telecommunications Company K.S.C.Pد.ك0.542.5%
+د.ك56.3m		10.2%PE9.8xTelecom
ALG Ali Al-Ghanim Sons Automotive Company K.S.C.Pد.ك1.173.8%
+د.ك15.5m		21.1%PE13.6xConsumer Discretionary
JAZEERA Jazeera Airways K.S.C.Pد.ك1.832.8%
+د.ك10.7m		91.5%PE18.4xIndustrials
JTC JTC Logistics Transportation & Stevedoring K.S.C.Pد.ك0.5011.6%
+د.ك7.8m		25.1%PE10xIndustrials
BOURSA Boursa Kuwait Securities Company K.P.S.Cد.ك3.141.2%
+د.ك7.4m		10.0%PE23.5xFinancials
See more

Market Insights

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ZAIN
د.ك0.54
Mobile Telecommunications Company K.S.C.P
7D
2.5%
1Y
10.2%
ALG
د.ك1.17
Ali Al-Ghanim Sons Automotive Company K.S.C.P
7D
3.8%
1Y
21.1%
JTC
د.ك0.50
JTC Logistics Transportation & Stevedoring K.S.C.P
7D
11.6%
1Y
25.1%
NBK
د.ك0.95
National Bank of KuwaitK.P
7D
-0.4%
1Y
-2.7%
KFH
د.ك0.81
Kuwait Finance House K.S.C.P
7D
-1.0%
1Y
9.1%

KFH: Higher Dividend Payouts Will Likely Fail To Offset Future Multiple Compression

Analysts have raised their fair value estimate for Kuwait Finance House K.S.C.P. from KWD 0.234 to KWD 0.239, reflecting updated assumptions for revenue growth, profit margins, and future P/E levels. What's in the News Kuwait Finance House K.S.C.P. has a recommended cash dividend for the year ending 31 December 2025 of 14% of par value per share, or Fils 14 per share (Key Developments).
MABANEE
د.ك0.98
Mabanee Company K.P.S.C
7D
0.4%
1Y
25.6%
JAZEERA
د.ك1.83
Jazeera Airways K.S.C.P
7D
2.8%
1Y
91.5%
ALKOUT
د.ك0.75
Al Kout Industrial Projects Company K.S.C.P
7D
-21.0%
1Y
-28.4%
BOUBYAN
د.ك0.69
Boubyan Bank K.S.C.P
7D
-0.7%
1Y
7.5%
CBK
د.ك0.48
Commercial Bank of Kuwait K.P.S.C
7D
-2.8%
1Y
-27.9%
STC
د.ك0.68
Kuwait Telecommunications Company K.S.C.P
7D
-2.6%
1Y
19.0%
BOURSA
د.ك3.14
Boursa Kuwait Securities Company K.P.S.C
7D
1.2%
1Y
10.0%
TAM
د.ك0.45
Tamdeen Real Estate Company - KPSC
7D
4.1%
1Y
30.8%
ACICO
د.ك0.50
ACICO Industries Company - K.S.C. (Public)
7D
3.5%
1Y
477.4%
URC
د.ك0.28
United Real Estate Company K.S.C.P
7D
-3.8%
1Y
63.9%
NIND
د.ك0.26
National Industries Group Holding - KPSC
7D
-1.9%
1Y
-2.3%