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Kuwaiti (PR) Market Analysis & Valuation

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies137
  • 7D-0.2%
  • 3M3.1%
  • 1Y11.4%
  • YTD-0.09%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 37% in that time. As for the longer term, the market has risen 11% in the past 12 months. As for the next few years, earnings are expected to grow by 8.9% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 May 2026د.ك52.6bد.ك15.1bد.ك2.9b15.7x18.1x3.5x
Mon, 30 Mar 2026د.ك48.9bد.ك14.9bد.ك2.9b14x16.8x3.3x
Wed, 25 Feb 2026د.ك50.0bد.ك16.4bد.ك3.1b14.9x16.4x3.1x
Fri, 23 Jan 2026د.ك51.8bد.ك16.4bد.ك3.1b15.3x16.8x3.2x
Sun, 21 Dec 2025د.ك52.2bد.ك16.5bد.ك3.1b16.1x16.9x3.2x
Tue, 18 Nov 2025د.ك51.7bد.ك16.6bد.ك3.2b17.1x16x3.1x
Thu, 16 Oct 2025د.ك51.6bد.ك16.3bد.ك3.2b17.9x16.3x3.2x
Sat, 13 Sep 2025د.ك50.8bد.ك16.3bد.ك3.2b17.3x16.1x3.1x
Mon, 11 Aug 2025د.ك50.5bد.ك16.4bد.ك2.8b16.6x17.8x3.1x
Wed, 09 Jul 2025د.ك49.6bد.ك16.2bد.ك2.7b16x18.1x3.1x
Fri, 06 Jun 2025د.ك47.8bد.ك16.3bد.ك2.7b15.5x17.6x2.9x
Sun, 04 May 2025د.ك46.7bد.ك16.2bد.ك2.7b14.9x17.3x2.9x
Tue, 01 Apr 2025د.ك46.8bد.ك16.1bد.ك2.7b15.6x17.2x2.9x
Thu, 27 Feb 2025د.ك46.9bد.ك16.0bد.ك2.6b15.3x18.2x2.9x
Sat, 25 Jan 2025د.ك45.0bد.ك15.9bد.ك2.5b14.9x17.7x2.8x
Mon, 23 Dec 2024د.ك42.7bد.ك15.9bد.ك2.5b14.8x16.9x2.7x
Wed, 20 Nov 2024د.ك43.1bد.ك16.1bد.ك2.5b14.6x17.1x2.7x
Fri, 18 Oct 2024د.ك41.8bد.ك15.9bد.ك2.5b15.2x16.7x2.6x
Sun, 15 Sep 2024د.ك41.8bد.ك15.9bد.ك2.5b14.6x16.9x2.6x
Tue, 13 Aug 2024د.ك41.2bد.ك15.8bد.ك2.5b13.8x16.7x2.6x
Thu, 11 Jul 2024د.ك41.2bد.ك15.5bد.ك2.4b13.9x16.9x2.7x
Sat, 08 Jun 2024د.ك40.9bد.ك15.4bد.ك2.4b13.4x16.7x2.6x
Mon, 06 May 2024د.ك40.9bد.ك15.2bد.ك2.4b14.1x16.9x2.7x
Wed, 03 Apr 2024د.ك42.9bد.ك15.1bد.ك2.4b14.5x17.7x2.8x
Fri, 01 Mar 2024د.ك43.5bد.ك14.9bد.ك2.6b15.2x16.8x2.9x
Sun, 28 Jan 2024د.ك43.3bد.ك15.4bد.ك2.6b14.4x16.4x2.8x
Tue, 26 Dec 2023د.ك40.0bد.ك15.3bد.ك2.6b13.5x15.4x2.6x
Thu, 23 Nov 2023د.ك39.3bد.ك15.3bد.ك2.6b13.5x15.3x2.6x
Sat, 21 Oct 2023د.ك39.7bد.ك15.1bد.ك2.5b14.1x15.8x2.6x
Mon, 18 Sep 2023د.ك41.3bد.ك14.8bد.ك2.4b14.3x17.3x2.8x
Wed, 16 Aug 2023د.ك41.9bد.ك14.8bد.ك2.4b14.1x17.5x2.8x
Fri, 14 Jul 2023د.ك43.0bد.ك14.5bد.ك2.2b15.4x19.7x3x
Sun, 11 Jun 2023د.ك40.3bد.ك14.5bد.ك2.2b14.6x18.5x2.8x
Tue, 09 May 2023د.ك41.2bد.ك14.2bد.ك2.2b14.3x18.4x2.9x
Price to Earnings Ratio

18.4x


Total Market Cap: د.ك41.2bTotal Earnings: د.ك2.2bTotal Revenue: د.ك14.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.1x202420252026
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 17.1x.
Past Earnings Growth
  • The earnings for Kuwaiti listed companies have grown 9.0% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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-0.18%
Tech37.31%
Telecom4.21%
Utilities2.07%
Real Estate1.05%
Consumer Staples0.80%
Materials0.096%
Consumer Discretionary0.084%
Financials-0.73%
Energy-1.16%
Industrials-1.43%
Healthcare-2.86%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 10.3%, which is lower than the prior year's growth of 19.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 11% 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
OOREDOO National Mobile Telecommunications Company K.S.C.Pد.ك1.8416.1%
+د.ك127.8m		67.0%PE11.4xTelecom
GFH GFH Financial Group BSCد.ك0.205.4%
+د.ك38.3m		120.6%PE17.3xFinancials
ZAIN Mobile Telecommunications Company K.S.C.Pد.ك0.571.4%
+د.ك34.6m		20.8%PE10.3xTelecom
NRE National Real Estate Company - K.P.S.Cد.ك0.108.3%
+د.ك16.3m		31.9%PB0.6xReal Estate
CBK Commercial Bank of Kuwait K.P.S.Cد.ك0.491.5%
+د.ك13.8m		-21.2%PB1.2xFinancials
See more

Market Insights

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Latest News

NRE
د.ك0.10
National Real Estate Company - K.P.S.C
7D
8.3%
1Y
31.9%
TROLLEY
د.ك0.94
Trolley General Trading Company K.S.C.C
7D
4.6%
1Y
n/a
NBK
د.ك0.86
National Bank of KuwaitK.P
7D
-2.6%
1Y
-5.4%
NIH
د.ك0.18
National International Holding Company K.S.C.P
7D
44.3%
1Y
30.5%
OOREDOO
د.ك1.84
National Mobile Telecommunications Company K.S.C.P
7D
16.1%
1Y
67.0%
KIB
د.ك0.27
Kuwait International Bank K.S.C.P
7D
-2.9%
1Y
26.9%
BOURSA
د.ك2.82
Boursa Kuwait Securities Company K.P.S.C
7D
-3.8%
1Y
4.4%
ZAIN
د.ك0.57
Mobile Telecommunications Company K.S.C.P
7D
1.4%
1Y
20.8%

ZAIN: Cash Dividend And 2026 Guidance Will Support Further Share Upside

Analysts have slightly raised their fair value estimate for Mobile Telecommunications Company K.S.C.P. to KWD 0.64071 from KWD 0.63357, reflecting updated assumptions around revenue growth, profit margin and future P/E levels. What's in the News Company issued earnings guidance for 2026, indicating an expectation for revenue growth in the 10% to 15% range and net income growth of 8% to 10% year over year (Key Developments).
BOUBYAN
د.ك0.68
Boubyan Bank K.S.C.P
7D
-0.6%
1Y
6.8%
UPAC
د.ك0.19
United Projects Company For Aviation Services K.S.C.P
7D
-40.2%
1Y
15.2%
KFH
د.ك0.79
Kuwait Finance House K.S.C.P
7D
-0.4%
1Y
16.6%
BURG
د.ك0.20
Burgan Bank K.P.S.C
7D
-2.0%
1Y
-4.9%

BURG: Stock Split And Assumption Tweaks Will Shape Balanced Future Share Performance

Analysts have trimmed their fair value estimate for Burgan Bank K.P.S.C. from KWD0.22833 to KWD0.22127, citing small adjustments to the discount rate, revenue growth, profit margin assumptions, and a slightly higher future P/E multiple in their latest models. What's in the News Burgan Bank K.P.S.C. has announced a stock split or significant stock dividend at a 1.05-to-1 ratio, scheduled for April 14, 2026 (Key Developments).
URC
د.ك0.27
United Real Estate Company K.S.C.P
7D
3.1%
1Y
27.9%
GFH
د.ك0.20
GFH Financial Group BSC
7D
5.4%
1Y
120.6%
CBK
د.ك0.49
Commercial Bank of Kuwait K.P.S.C
7D
1.5%
1Y
-21.2%
WARBABANK
د.ك0.29
Warba Bank K.S.C.P
7D
-1.4%
1Y
37.6%