Have your own idea? Try our Stock Screener
Kuwaiti (PR) Financials Sector Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies51
- 7D0.9%
- 3M-1.8%
- 1Y8.9%
- YTD3.5%
The Financials is pretty flat in the last 7 days, but Commercial Bank of Kuwait K.P.S.C has stood out, gaining 5.8%. As for the the longer term, the industry is up 8.9% over the past 12 months. Earnings are forecast to grow by 7.3% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 15 Oct 2024 | د.ك29.3b | د.ك6.2b | د.ك1.7b | 12.6x | 17.4x | 4.7x |
| Thu, 12 Sep 2024 | د.ك29.9b | د.ك6.2b | د.ك1.7b | 12.2x | 17.8x | 4.8x |
| Sat, 10 Aug 2024 | د.ك29.7b | د.ك6.2b | د.ك1.7b | 12.8x | 17.5x | 4.8x |
| Mon, 08 Jul 2024 | د.ك29.3b | د.ك6.1b | د.ك1.7b | 13.2x | 17.4x | 4.8x |
| Wed, 05 Jun 2024 | د.ك29.5b | د.ك6.1b | د.ك1.7b | 13.5x | 17.6x | 4.9x |
| Fri, 03 May 2024 | د.ك29.3b | د.ك6.0b | د.ك1.6b | 14.7x | 17.9x | 4.9x |
| Sun, 31 Mar 2024 | د.ك30.2b | د.ك5.9b | د.ك1.6b | 15x | 18.7x | 5.1x |
| Tue, 27 Feb 2024 | د.ك31.3b | د.ك5.8b | د.ك1.8b | 15.6x | 17.6x | 5.4x |
| Thu, 25 Jan 2024 | د.ك30.2b | د.ك5.9b | د.ك1.8b | 18.5x | 16.9x | 5.2x |
| Sat, 23 Dec 2023 | د.ك28.1b | د.ك5.9b | د.ك1.8b | 15.6x | 15.7x | 4.8x |
| Mon, 20 Nov 2023 | د.ك27.1b | د.ك5.8b | د.ك1.8b | 15.7x | 15.4x | 4.7x |
| Wed, 18 Oct 2023 | د.ك26.9b | د.ك5.5b | د.ك1.6b | 18x | 16.4x | 4.9x |
| Fri, 15 Sep 2023 | د.ك28.9b | د.ك5.4b | د.ك1.6b | 19.4x | 17.6x | 5.4x |
| Sun, 13 Aug 2023 | د.ك29.2b | د.ك5.3b | د.ك1.6b | 20.6x | 18x | 5.5x |
| Tue, 11 Jul 2023 | د.ك29.4b | د.ك5.1b | د.ك1.5b | 19.4x | 20.3x | 5.8x |
| Thu, 08 Jun 2023 | د.ك28.0b | د.ك5.0b | د.ك1.4b | 19.2x | 19.3x | 5.6x |
| Sat, 06 May 2023 | د.ك29.2b | د.ك5.0b | د.ك1.5b | 15.8x | 19.6x | 5.9x |
| Mon, 03 Apr 2023 | د.ك29.2b | د.ك4.8b | د.ك1.4b | 15.6x | 20.8x | 6.1x |
| Wed, 01 Mar 2023 | د.ك30.4b | د.ك4.7b | د.ك1.3b | 16.6x | 23.3x | 6.5x |
| Fri, 27 Jan 2023 | د.ك30.6b | د.ك4.4b | د.ك1.2b | 17.5x | 25.3x | 6.9x |
| Sun, 25 Dec 2022 | د.ك29.5b | د.ك4.4b | د.ك1.2b | 16.6x | 24.4x | 6.7x |
| Tue, 22 Nov 2022 | د.ك31.2b | د.ك4.4b | د.ك1.2b | 16.8x | 25.8x | 7.1x |
| Thu, 20 Oct 2022 | د.ك29.0b | د.ك4.3b | د.ك1.3b | 12.6x | 23.1x | 6.8x |
| Sat, 17 Sep 2022 | د.ك27.4b | د.ك4.3b | د.ك1.3b | 16.1x | 21.8x | 6.4x |
| Mon, 15 Aug 2022 | د.ك27.4b | د.ك4.2b | د.ك1.3b | 14.6x | 21.7x | 6.5x |
| Wed, 13 Jul 2022 | د.ك26.8b | د.ك4.1b | د.ك1.2b | 14.6x | 21.5x | 6.6x |
| Fri, 10 Jun 2022 | د.ك27.1b | د.ك4.1b | د.ك1.2b | 17.7x | 21.8x | 6.6x |
| Sun, 08 May 2022 | د.ك30.0b | د.ك3.9b | د.ك1.2b | 19.2x | 25.9x | 7.6x |
| Tue, 05 Apr 2022 | د.ك28.3b | د.ك3.8b | د.ك1.1b | 17x | 25.8x | 7.4x |
| Thu, 03 Mar 2022 | د.ك27.5b | د.ك3.7b | د.ك1.1b | 22.6x | 26.2x | 7.4x |
| Sat, 29 Jan 2022 | د.ك26.0b | د.ك3.4b | د.ك993.6m | 14.5x | 26.2x | 7.7x |
| Mon, 27 Dec 2021 | د.ك24.7b | د.ك3.5b | د.ك958.1m | 8.2x | 25.8x | 7.1x |
| Wed, 24 Nov 2021 | د.ك24.8b | د.ك3.5b | د.ك957.3m | 13.8x | 25.9x | 7.2x |
| Fri, 22 Oct 2021 | د.ك23.8b | د.ك3.3b | د.ك855.4m | 13.9x | 27.8x | 7.2x |
Price to Earnings Ratio
27.8x
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 17.4x which is lower than its 3-year average PE of 20.9x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 24% 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 | 1.07% | |
| Financials | 0.94% | |
| Diversified Financial | 7.56% | |
| Capital Markets | 4.12% | |
| Consumer Finance | 1.15% | |
| Banks | 0.79% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -5.85% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 70.8x.
- 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 8.9% over the next 5 years.
- However this is lower than its past earnings growth rate of 79% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 7.2% 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 | |
|---|---|---|---|---|---|
| GIH Gulf Investment House - KPSC | د.ك0.78 | 10.9% +د.ك30.8m | 104.7% | PE127.5x | |
| KPROJ Kuwait Projects Company Holding K.S.C.P | د.ك0.098 | 3.4% +د.ك14.6m | -16.1% | PB0.6x | |
| NINV National Investments Company K.S.C.P | د.ك0.24 | 6.1% +د.ك11.2m | 14.0% | PE34.2x | |
| NIH National International Holding Company K.S.C.P | د.ك0.21 | 25.1% +د.ك9.5m | 81.7% | PE28.8x | |
| TAMINV Tamdeen Investment Company - KSCP | د.ك0.80 | 3.7% +د.ك5.8m | -6.7% | PE13.8x |