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Kuwaiti (PR) Market Analysis & Valuation

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies137
  • 7D2.2%
  • 3M3.0%
  • 1Y24.9%
  • YTD23.1%

The market is up 2.3% over the last week, with the Financials sector leading the way, up 2.5%. On the other hand, with a decline of 3.3%, the Consumer Staples sector is lagging behind. The market is up 24% over the last 12 months. As for the next few years, earnings are expected to grow by 9.6% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Dec 2025د.ك53.1bد.ك16.5bد.ك3.1b16.4x17.2x3.2x
Wed, 12 Nov 2025د.ك52.0bد.ك16.5bد.ك3.2b18.6x16.3x3.2x
Fri, 10 Oct 2025د.ك51.2bد.ك16.3bد.ك3.2b17.9x16.2x3.1x
Sun, 07 Sep 2025د.ك49.6bد.ك16.3bد.ك3.2b16.4x15.7x3x
Tue, 05 Aug 2025د.ك49.9bد.ك16.4bد.ك2.8b16.8x17.9x3x
Thu, 03 Jul 2025د.ك48.9bد.ك16.2bد.ك2.7b15.7x17.9x3x
Sat, 31 May 2025د.ك47.7bد.ك16.3bد.ك2.7b15x17.4x2.9x
Mon, 28 Apr 2025د.ك46.5bد.ك16.2bد.ك2.7b15x17.2x2.9x
Wed, 26 Mar 2025د.ك46.8bد.ك16.1bد.ك2.7b15.4x17.6x2.9x
Fri, 21 Feb 2025د.ك47.2bد.ك16.0bد.ك2.6b15.4x18.3x2.9x
Sun, 19 Jan 2025د.ك44.1bد.ك15.9bد.ك2.5b14.5x17.4x2.8x
Tue, 17 Dec 2024د.ك42.7bد.ك15.9bد.ك2.5b15x16.9x2.7x
Thu, 14 Nov 2024د.ك42.7bد.ك16.0bد.ك2.5b15x17x2.7x
Sat, 12 Oct 2024د.ك41.2bد.ك15.9bد.ك2.5b14.2x16.6x2.6x
Mon, 09 Sep 2024د.ك42.0bد.ك15.9bد.ك2.5b14.3x17x2.6x
Wed, 07 Aug 2024د.ك40.9bد.ك15.6bد.ك2.5b13.7x16.6x2.6x
Fri, 05 Jul 2024د.ك40.8bد.ك15.5bد.ك2.4b13.5x16.7x2.6x
Sun, 02 Jun 2024د.ك40.9bد.ك15.4bد.ك2.4b13.2x16.7x2.7x
Tue, 30 Apr 2024د.ك40.9bد.ك15.2bد.ك2.5b13.9x16.6x2.7x
Thu, 28 Mar 2024د.ك42.9bد.ك15.0bد.ك2.6b14.8x16.8x2.9x
Sat, 24 Feb 2024د.ك44.0bد.ك14.9bد.ك2.6b15x16.8x2.9x
Mon, 22 Jan 2024د.ك42.8bد.ك15.4bد.ك2.6b14.3x16.2x2.8x
Wed, 20 Dec 2023د.ك40.0bد.ك15.3bد.ك2.6b13.4x15.3x2.6x
Fri, 17 Nov 2023د.ك39.2bد.ك15.3bد.ك2.6b13.1x15.3x2.6x
Sun, 15 Oct 2023د.ك39.0bد.ك14.9bد.ك2.4b14.1x16.3x2.6x
Tue, 12 Sep 2023د.ك41.3bد.ك14.8bد.ك2.4b14.2x17.2x2.8x
Thu, 10 Aug 2023د.ك42.2bد.ك14.5bد.ك2.4b14.4x17.9x2.9x
Sat, 08 Jul 2023د.ك42.2bد.ك14.5bد.ك2.2b15.4x19.3x2.9x
Mon, 05 Jun 2023د.ك40.2bد.ك14.5bد.ك2.2b14.7x18.4x2.8x
Wed, 03 May 2023د.ك41.9bد.ك14.2bد.ك2.2b14.3x18.6x3x
Fri, 31 Mar 2023د.ك41.5bد.ك13.8bد.ك2.0b13.5x20.7x3x
Sun, 26 Feb 2023د.ك42.9bد.ك13.6bد.ك1.9b13.9x22.4x3.2x
Tue, 24 Jan 2023د.ك43.5bد.ك13.3bد.ك1.9b14.9x23.4x3.3x
Thu, 22 Dec 2022د.ك42.2bد.ك13.2bد.ك1.9b14.4x22.6x3.2x
Price to Earnings Ratio

22.6x


Total Market Cap: د.ك42.2bTotal Earnings: د.ك1.9bTotal Revenue: د.ك13.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.7x202320242025
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 17.7x.
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 7.7% 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 Market2.20%
Tech3.65%
Real Estate3.07%
Energy2.53%
Financials2.46%
Healthcare2.09%
Industrials1.72%
Consumer Discretionary1.39%
Telecom1.25%
Materials0.11%
Utilities-1.28%
Consumer Staples-6.79%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 23.0x.
    • 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
KFH Kuwait Finance House K.S.C.Pد.ك0.833.5%
+د.ك481.7m		21.3%PB2.4xFinancials
BOUBYAN Boubyan Bank K.S.C.Pد.ك0.744.8%
+د.ك149.9m		37.9%PB3xFinancials
NBK National Bank of KuwaitK.Pد.ك1.041.0%
+د.ك87.4m		24.2%PB1.9xFinancials
WARBABANK Warba Bank K.S.C.Pد.ك0.304.1%
+د.ك54.0m		68.7%PB1.4xFinancials
MABANEE Mabanee Company K.P.S.Cد.ك1.083.3%
+د.ك51.8m		43.3%PE19.2xReal Estate
See more

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NBK
د.ك1.04
National Bank of KuwaitK.P
7D
1.0%
1Y
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KFH
د.ك0.83
Kuwait Finance House K.S.C.P
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MABANEE
د.ك1.08
Mabanee Company K.P.S.C
7D
3.3%
1Y
43.3%
MEZZAN
د.ك1.41
Mezzan Holding Company K.S.C.P
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1Y
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INTEGRATED
د.ك0.47
Integrated Holding Company K.S.C.P
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1Y
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GINS
د.ك0.86
Gulf Insurance Group K.S.C.P
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1Y
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KCIN
د.ك1.35
Kuwait National Cinema Company (K.P.S.C)
7D
-2.4%
1Y
5.6%
KPROJ
د.ك0.085
Kuwait Projects Company Holding K.S.C.P
7D
-0.9%
1Y
-11.4%
ALKOUT
د.ك1.11
Al Kout Industrial Projects Company K.S.C.P
7D
-4.8%
1Y
6.8%
WARBABANK
د.ك0.30
Warba Bank K.S.C.P
7D
4.1%
1Y
68.7%
AINS
د.ك0.83
Al-Ahleia Insurance CompanyK.P
7D
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1Y
20.0%
URC
د.ك0.24
United Real Estate Company K.S.C.P
7D
10.5%
1Y
127.8%
STC
د.ك0.69
Kuwait Telecommunications Company K.S.C.P
7D
6.3%
1Y
22.4%
BOURSA
د.ك3.69
Boursa Kuwait Securities Company K.P.S.C
7D
-2.1%
1Y
68.1%
CBK
د.ك0.53
Commercial Bank of Kuwait K.P.S.C
7D
2.3%
1Y
4.3%
BOUBYAN
د.ك0.74
Boubyan Bank K.S.C.P
7D
4.8%
1Y
37.9%