Kuwaiti (PR) Financials Sector Analysis
- 7D-3.1%
- 3M2.7%
- 1Y29.7%
- YTD28.6%
Over the last 7 days, the Financials industry has dropped 1.9%, driven by a pullback from National Bank of KuwaitK.P of 1.8%. This takes the industry's 12 month performance to a gain of 30%.
Sector Valuation and Performance
Has the Kuwaiti Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | د.ك24.8b | د.ك3.5b | د.ك957.4m | 13.4x |
| Thu, 28 Oct 2021 | د.ك24.0b | د.ك3.3b | د.ك898.4m | 14x |
| Sat, 25 Sep 2021 | د.ك23.5b | د.ك3.2b | د.ك808.1m | 13.8x |
| Mon, 23 Aug 2021 | د.ك22.8b | د.ك3.2b | د.ك806.0m | 13x |
| Sat, 10 Jul 2021 | د.ك21.6b | د.ك3.2b | د.ك806.0m | 12.4x |
| Fri, 02 Apr 2021 | د.ك19.4b | د.ك2.9b | د.ك551.8m | 9.4x |
| Mon, 04 Jan 2021 | د.ك18.4b | د.ك2.8b | د.ك458.8m | 17.2x |
| Thu, 08 Oct 2020 | د.ك18.3b | د.ك2.9b | د.ك510.7m | 13.7x |
| Wed, 01 Jul 2020 | د.ك16.8b | د.ك3.0b | د.ك541.5m | 12.7x |
| Sat, 04 Apr 2020 | د.ك15.8b | د.ك3.3b | د.ك864.7m | 11.1x |
| Tue, 07 Jan 2020 | د.ك20.9b | د.ك3.4b | د.ك1.0b | 12.8x |
| Mon, 30 Sep 2019 | د.ك18.6b | د.ك3.4b | د.ك1.1b | 11.9x |
| Thu, 04 Jul 2019 | د.ك19.3b | د.ك3.4b | د.ك1.2b | 10.4x |
| Sun, 07 Apr 2019 | د.ك18.2b | د.ك3.4b | د.ك1.2b | 11.2x |
| Wed, 09 Jan 2019 | د.ك16.1b | د.ك3.3b | د.ك1.2b | 11.3x |
12.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have declined 3.9% per year over the last three years, while revenues for these companies have grown 2.1% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Kuwaiti Financials sector?
| Insurance | -0.43% | |
| Banks | -2.97% | |
| Consumer Finance | -3.83% | |
| Diversified Financial | -4.65% | |
| Capital Markets | -5.15% | |
Industry PE: Investors are most optimistic about the Banks industry which is trading above its 3-year average PE ratio of 21.1x. This is likely because analysts are expecting annual earnings growth of 18%, which is higher than its past year's earnings growth of 7.4% per year. Meanwhile, investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 9.4x.
Forecasted Growth: Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 43% over the next 5 years. Meanwhile, the Capital Markets industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| GINS Gulf Insurance Group K.S.C.P | 1.0%+د.ك3.1m | 90.1% | PE6.6x | |
| BOURSA Boursa Kuwait Securities Company K.P.S.C | 0.6%+د.ك2.4m | 75.7% | PE24.5x | |
| KMEFIC Kuwait and Middle East Financial Investment Company K.S.C.P | 3.1%+د.ك880.0k | -2.2% | PE11.8x |