Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Kuwaiti (PR) Market Analysis & Valuation

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies137
  • 7D-0.7%
  • 3M1.9%
  • 1Y20.9%
  • YTD19.6%

The Consumer Staples sector gained 10% while the market remained flat over the last week. As for the longer term, the market has risen 21% in the past 12 months. Earnings are forecast to grow by 10% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025د.ك51.7bد.ك16.2bد.ك3.1b16.3x16.9x3.2x
Sun, 19 Oct 2025د.ك51.7bد.ك16.3bد.ك3.2b17.9x16.4x3.2x
Tue, 16 Sep 2025د.ك51.4bد.ك16.3bد.ك3.2b17.4x16.3x3.2x
Thu, 14 Aug 2025د.ك50.7bد.ك16.3bد.ك2.9b16.9x17.8x3.1x
Sat, 12 Jul 2025د.ك50.2bد.ك16.2bد.ك2.7b16.1x18.4x3.1x
Mon, 09 Jun 2025د.ك47.8bد.ك16.3bد.ك2.7b15.4x17.6x2.9x
Wed, 07 May 2025د.ك46.9bد.ك16.2bد.ك2.7b14.9x17.3x2.9x
Fri, 04 Apr 2025د.ك46.5bد.ك16.2bد.ك2.7b15.6x17x2.9x
Sun, 02 Mar 2025د.ك46.9bد.ك16.0bد.ك2.6b15.3x18.2x2.9x
Tue, 28 Jan 2025د.ك45.9bد.ك15.9bد.ك2.5b15.4x18x2.9x
Thu, 26 Dec 2024د.ك43.0bد.ك15.9bد.ك2.5b14.9x17x2.7x
Sat, 23 Nov 2024د.ك42.9bد.ك16.1bد.ك2.5b14.7x17x2.7x
Mon, 21 Oct 2024د.ك41.7bد.ك15.9bد.ك2.5b14.8x16.7x2.6x
Wed, 18 Sep 2024د.ك41.7bد.ك15.9bد.ك2.5b14.5x16.9x2.6x
Fri, 16 Aug 2024د.ك41.7bد.ك15.8bد.ك2.5b14.2x16.8x2.6x
Sun, 14 Jul 2024د.ك41.4bد.ك15.5bد.ك2.4b13.9x17x2.7x
Tue, 11 Jun 2024د.ك41.0bد.ك15.4bد.ك2.4b13.8x16.8x2.7x
Thu, 09 May 2024د.ك40.9bد.ك15.2bد.ك2.4b14x16.8x2.7x
Sat, 06 Apr 2024د.ك42.2bد.ك15.1bد.ك2.5b14.5x17.2x2.8x
Mon, 04 Mar 2024د.ك43.3bد.ك14.9bد.ك2.6b15.1x16.7x2.9x
Wed, 31 Jan 2024د.ك43.2bد.ك15.4bد.ك2.6b14.3x16.4x2.8x
Fri, 29 Dec 2023د.ك40.2bد.ك15.3bد.ك2.6b13.5x15.2x2.6x
Sun, 26 Nov 2023د.ك39.4bد.ك15.3bد.ك2.6b13.6x15.3x2.6x
Tue, 24 Oct 2023د.ك39.9bد.ك15.1bد.ك2.5b13.8x16.1x2.6x
Thu, 21 Sep 2023د.ك41.0bد.ك14.9bد.ك2.4b14.2x17.2x2.7x
Sat, 19 Aug 2023د.ك41.9bد.ك14.8bد.ك2.4b14.1x17.5x2.8x
Mon, 17 Jul 2023د.ك42.9bد.ك14.5bد.ك2.2b15.3x19.6x3x
Wed, 14 Jun 2023د.ك40.7bد.ك14.5bد.ك2.2b14.6x18.6x2.8x
Fri, 12 May 2023د.ك40.9bد.ك14.3bد.ك2.3b14.3x18.2x2.9x
Sun, 09 Apr 2023د.ك41.0bد.ك14.0bد.ك2.1b13.6x19.6x2.9x
Tue, 07 Mar 2023د.ك43.2bد.ك13.6bد.ك1.9b13.5x22.3x3.2x
Thu, 02 Feb 2023د.ك43.1bد.ك13.3bد.ك1.9b14.6x23.2x3.3x
Sat, 31 Dec 2022د.ك42.7bد.ك13.2bد.ك1.9b14.5x22.8x3.2x
Mon, 28 Nov 2022د.ك44.7bد.ك13.2bد.ك1.9b14.8x24x3.4x
Price to Earnings Ratio

24x


Total Market Cap: د.ك44.7bTotal Earnings: د.ك1.9bTotal Revenue: د.ك13.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.8x202320242025
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 17.8x.
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 7.1% 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-0.71%
Consumer Staples10.10%
Materials0.28%
Telecom0.12%
Financials-0.66%
Energy-0.76%
Industrials-1.51%
Consumer Discretionary-1.59%
Real Estate-1.92%
Utilities-4.24%
Tech-7.28%
Healthcare-10.39%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 19.5x.
    • 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 Materials sector, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Consumer Discretionary industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
MEZZAN Mezzan Holding Company K.S.C.Pد.ك1.7112.6%
+د.ك59.7m		91.3%PE31.6xConsumer Staples
ZAIN Mobile Telecommunications Company K.S.C.Pد.ك0.521.0%
+د.ك21.6m		12.7%PE9xTelecom
KAMCO KAMCO Investment Company K.S.C.Pد.ك0.2128.6%
+د.ك15.7m		59.2%PE8.1xFinancials
MKHZN Agility Public Warehousing Company K.S.C.Pد.ك0.142.9%
+د.ك10.2m		-47.6%PE1.7xIndustrials
KPROJ Kuwait Projects Company Holding K.S.C.Pد.ك0.0882.6%
+د.ك10.0m		-12.6%PB0.5xFinancials
See more

Market Insights

Header cover image
🇬🇧 London’s IPO Drought and the Hunt for the UK’s Real Winners
Richard Bowman avatar
Richard Bowman
|
|
This week, we will unpack the FTSE 100 vs FTSE 250 divide, the industries driving returns, and why the UK is increasingly a stock-picker’s market heading into 2026.
Continue reading
💸 The Return of Share Buybacks in Tech
Last Week

💸 The Return of Share Buybacks in Tech

Latest News

MIDAN
د.ك0.74
Al-Maidan Clinic for Oral Health Services Company K.S.C.P
7D
-12.9%
1Y
-6.3%
KAMCO
د.ك0.21
KAMCO Investment Company K.S.C.P
7D
28.6%
1Y
59.2%
MKHZN
د.ك0.14
Agility Public Warehousing Company K.S.C.P
7D
2.9%
1Y
-47.6%
CABLE
د.ك2.11
Gulf Cables and Electrical Industries Group Company - KPSC
7D
-4.3%
1Y
35.7%
TAMINV
د.ك1.03
Tamdeen Investment Company - KSCP
7D
4.7%
1Y
8.4%
KRE
د.ك0.39
Kuwait Real Estate Company K.P.S.C
7D
-3.0%
1Y
70.6%
KPROJ
د.ك0.088
Kuwait Projects Company Holding K.S.C.P
7D
2.6%
1Y
-12.6%
TAM
د.ك0.43
Tamdeen Real Estate Company - KPSC
7D
4.9%
1Y
23.6%
IFAHR
د.ك1.07
IFA Hotels and Resorts - KPSC
7D
-7.0%
1Y
-20.6%
WARBABANK
د.ك0.28
Warba Bank K.S.C.P
7D
-1.0%
1Y
56.5%
AINS
د.ك0.83
Al-Ahleia Insurance CompanyK.P
7D
3.9%
1Y
20.8%
MEZZAN
د.ك1.71
Mezzan Holding Company K.S.C.P
7D
12.6%
1Y
91.3%
NBK
د.ك1.01
National Bank of KuwaitK.P
7D
-0.3%
1Y
20.8%

NBK: Future Performance Will Reflect Measured Outlook Amid Slightly Lower Profitability

Narrative Update on National Bank of Kuwait K.P. Analysts have raised their price target for National Bank of Kuwait K.P. from $1.06 to $1.07, citing updated financial forecasts and ongoing assessment of the bank's growth outlook. Valuation Changes The Fair Value Estimate has increased slightly from KWD 1.06 to KWD 1.07.
KFH
د.ك0.79
Kuwait Finance House K.S.C.P
7D
-0.5%
1Y
15.3%

KFH: Rising Discount Rate And Profit Margin Erosion Will Pressure Valuation

Analysts have raised their price target for Kuwait Finance House K.S.C.P. from KWD 0.68 to KWD 0.70. They attribute this change to incremental improvements in expected fair value and ongoing optimism regarding the bank’s financial outlook.
ZAIN
د.ك0.52
Mobile Telecommunications Company K.S.C.P
7D
1.0%
1Y
12.7%
BOUBYAN
د.ك0.70
Boubyan Bank K.S.C.P
7D
-1.7%
1Y
29.4%