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Kuwaiti (PR) Financials Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies51
- 7D0.6%
- 3M2.1%
- 1Y13.3%
- YTD8.3%
The Financials industry is up 1.1% in the last week, with National Bank of KuwaitK.P up 1.7%. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are expected to grow by 7.6% per annum.
Sector Valuation and Performance
Has the Kuwaiti Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | د.ك30.7b | د.ك6.3b | د.ك1.7b | 13x | 17.6x | 4.8x |
| Sat, 19 Oct 2024 | د.ك29.6b | د.ك6.3b | د.ك1.7b | 12.4x | 17.4x | 4.7x |
| Mon, 16 Sep 2024 | د.ك30.0b | د.ك6.2b | د.ك1.7b | 12.3x | 17.8x | 4.8x |
| Wed, 14 Aug 2024 | د.ك29.5b | د.ك6.2b | د.ك1.7b | 12.6x | 17.4x | 4.7x |
| Fri, 12 Jul 2024 | د.ك29.7b | د.ك6.1b | د.ك1.7b | 13.4x | 17.6x | 4.9x |
| Sun, 09 Jun 2024 | د.ك29.5b | د.ك6.1b | د.ك1.7b | 13.5x | 17.5x | 4.9x |
| Tue, 07 May 2024 | د.ك29.3b | د.ك6.0b | د.ك1.6b | 14.5x | 17.9x | 4.9x |
| Thu, 04 Apr 2024 | د.ك28.5b | د.ك5.9b | د.ك1.6b | 15.1x | 17.6x | 4.8x |
| Sat, 02 Mar 2024 | د.ك30.9b | د.ك5.8b | د.ك1.7b | 15.4x | 17.7x | 5.4x |
| Mon, 29 Jan 2024 | د.ك30.2b | د.ك5.9b | د.ك1.8b | 17.7x | 16.9x | 5.2x |
| Wed, 27 Dec 2023 | د.ك27.5b | د.ك5.9b | د.ك1.8b | 15.6x | 15.4x | 4.7x |
| Fri, 24 Nov 2023 | د.ك27.2b | د.ك5.8b | د.ك1.8b | 16.4x | 15.5x | 4.7x |
| Sun, 22 Oct 2023 | د.ك27.7b | د.ك5.7b | د.ك1.7b | 17.5x | 16x | 4.9x |
| Tue, 19 Sep 2023 | د.ك28.8b | د.ك5.4b | د.ك1.6b | 19.3x | 17.6x | 5.3x |
| Thu, 17 Aug 2023 | د.ك29.1b | د.ك5.4b | د.ك1.6b | 19.9x | 17.8x | 5.4x |
| Sat, 15 Jul 2023 | د.ك29.9b | د.ك5.1b | د.ك1.5b | 19.7x | 20.6x | 5.9x |
| Mon, 12 Jun 2023 | د.ك28.2b | د.ك5.1b | د.ك1.5b | 19.7x | 19.4x | 5.6x |
| Wed, 10 May 2023 | د.ك28.7b | د.ك5.0b | د.ك1.5b | 15.8x | 19.3x | 5.8x |
| Fri, 07 Apr 2023 | د.ك29.0b | د.ك4.8b | د.ك1.4b | 15.6x | 20.7x | 6.1x |
| Sun, 05 Mar 2023 | د.ك30.6b | د.ك4.7b | د.ك1.3b | 17x | 23x | 6.5x |
| Tue, 31 Jan 2023 | د.ك30.4b | د.ك4.4b | د.ك1.2b | 17.5x | 25.1x | 6.9x |
| Thu, 29 Dec 2022 | د.ك30.0b | د.ك4.4b | د.ك1.2b | 17.1x | 24.8x | 6.8x |
| Sat, 26 Nov 2022 | د.ك31.3b | د.ك4.4b | د.ك1.2b | 17.4x | 25.9x | 7.1x |
| Mon, 24 Oct 2022 | د.ك29.7b | د.ك4.4b | د.ك1.3b | 12.1x | 22.7x | 6.7x |
| Wed, 21 Sep 2022 | د.ك27.3b | د.ك4.3b | د.ك1.3b | 14.8x | 21.7x | 6.4x |
| Fri, 19 Aug 2022 | د.ك27.5b | د.ك4.3b | د.ك1.3b | 14.1x | 21.8x | 6.4x |
| Sun, 17 Jul 2022 | د.ك26.7b | د.ك4.1b | د.ك1.2b | 14.5x | 21.4x | 6.5x |
| Tue, 14 Jun 2022 | د.ك26.5b | د.ك4.1b | د.ك1.2b | 16.5x | 21.3x | 6.5x |
| Thu, 12 May 2022 | د.ك29.2b | د.ك4.0b | د.ك1.2b | 18.6x | 24.4x | 7.4x |
| Sat, 09 Apr 2022 | د.ك29.4b | د.ك3.8b | د.ك1.1b | 17.8x | 26.8x | 7.7x |
| Mon, 07 Mar 2022 | د.ك27.8b | د.ك3.8b | د.ك1.1b | 21.4x | 26.3x | 7.3x |
| Wed, 02 Feb 2022 | د.ك26.2b | د.ك3.5b | د.ك998.6m | 14.4x | 26.2x | 7.4x |
| Fri, 31 Dec 2021 | د.ك24.7b | د.ك3.5b | د.ك958.1m | 14.3x | 25.8x | 7.1x |
| Sun, 28 Nov 2021 | د.ك24.8b | د.ك3.5b | د.ك957.4m | 13.4x | 25.9x | 7.2x |
Price to Earnings Ratio
25.9x
Current Industry PE
- Investors are pessimistic on the Kuwaiti Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.6x which is lower than its 3-year average PE of 20.6x.
- The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Kuwaiti Financials sector?
| KW Market | 0.91% | |
| Financials | 0.61% | |
| Consumer Finance | 1.33% | |
| Banks | 0.73% | |
| Diversified Financial | 0.37% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.56% | |
| Insurance | -0.62% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 79.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, which is trading close to its 3-year average of 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 8.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 25% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 7.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NBK National Bank of KuwaitK.P | د.ك0.88 | 0.9% +د.ك66.6m | 4.9% | PB1.7x | |
| KFH Kuwait Finance House K.S.C.P | د.ك0.74 | 0.1% +د.ك16.6m | 15.7% | PB2.1x | |
| NIH National International Holding Company K.S.C.P | د.ك0.41 | 15.7% +د.ك13.0m | 267.9% | PE43.2x | |
| BURG Burgan Bank K.P.S.C | د.ك0.18 | 1.1% +د.ك7.2m | 14.3% | PB0.7x | |
| NOOR Noor Financial Investment Company - KPSC | د.ك0.26 | 4.0% +د.ك5.1m | 35.8% | PE3.3x |