Kuwaiti (PR) Financials Sector Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies52
- 7D-0.2%
- 3M-4.9%
- 1Y-14.0%
- YTD-8.8%
Over the last 7 days, the Financials industry has remained flat. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to grow by 8.4% 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 |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | د.ك27.0b | د.ك5.8b | د.ك1.8b | 15.4x | 15.4x | 4.6x |
| Fri, 03 Nov 2023 | د.ك26.8b | د.ك5.7b | د.ك1.7b | 16.6x | 15.4x | 4.7x |
| Sun, 01 Oct 2023 | د.ك28.4b | د.ك5.5b | د.ك1.6b | 19x | 17.3x | 5.2x |
| Tue, 29 Aug 2023 | د.ك28.7b | د.ك5.4b | د.ك1.6b | 19.6x | 17.5x | 5.3x |
| Thu, 27 Jul 2023 | د.ك29.8b | د.ك5.2b | د.ك1.6b | 19.1x | 18.9x | 5.7x |
| Sat, 24 Jun 2023 | د.ك28.7b | د.ك5.1b | د.ك1.5b | 19.6x | 19.8x | 5.7x |
| Mon, 22 May 2023 | د.ك28.0b | د.ك5.1b | د.ك1.4b | 19.6x | 19.3x | 5.5x |
| Wed, 19 Apr 2023 | د.ك29.6b | د.ك4.8b | د.ك1.4b | 16.1x | 21.5x | 6.2x |
| Fri, 17 Mar 2023 | د.ك29.4b | د.ك4.7b | د.ك1.3b | 16.5x | 22x | 6.2x |
| Sun, 12 Feb 2023 | د.ك31.0b | د.ك4.7b | د.ك1.3b | 17x | 23.7x | 6.6x |
| Tue, 10 Jan 2023 | د.ك29.5b | د.ك4.4b | د.ك1.2b | 16.7x | 24.4x | 6.7x |
| Thu, 08 Dec 2022 | د.ك30.4b | د.ك4.4b | د.ك1.2b | 16.5x | 25.2x | 6.9x |
| Sat, 05 Nov 2022 | د.ك30.1b | د.ك4.4b | د.ك1.3b | 16.1x | 23x | 6.8x |
| Mon, 03 Oct 2022 | د.ك24.9b | د.ك4.3b | د.ك1.3b | 13.4x | 19.8x | 5.8x |
| Wed, 31 Aug 2022 | د.ك27.8b | د.ك4.3b | د.ك1.3b | 14.6x | 22.1x | 6.5x |
| Fri, 29 Jul 2022 | د.ك27.8b | د.ك4.2b | د.ك1.3b | 15.8x | 21.3x | 6.7x |
| Sun, 26 Jun 2022 | د.ك26.2b | د.ك4.1b | د.ك1.2b | 15.9x | 21x | 6.4x |
| Tue, 24 May 2022 | د.ك27.6b | د.ك4.1b | د.ك1.2b | 17.5x | 22.2x | 6.8x |
| Thu, 21 Apr 2022 | د.ك29.1b | د.ك3.9b | د.ك1.1b | 17x | 25.6x | 7.5x |
| Sat, 19 Mar 2022 | د.ك28.3b | د.ك3.8b | د.ك1.1b | 21.1x | 26.2x | 7.4x |
| Mon, 14 Feb 2022 | د.ك26.2b | د.ك3.7b | د.ك1.1b | 21.2x | 24.6x | 7.1x |
| Wed, 12 Jan 2022 | د.ك25.7b | د.ك3.5b | د.ك958.1m | 15.7x | 26.8x | 7.4x |
| Fri, 10 Dec 2021 | د.ك24.5b | د.ك3.5b | د.ك958.5m | 13.8x | 25.6x | 7.1x |
| Sun, 07 Nov 2021 | د.ك24.7b | د.ك3.4b | د.ك898.7m | 16.5x | 27.5x | 7.3x |
| Tue, 05 Oct 2021 | د.ك23.5b | د.ك3.2b | د.ك808.1m | 13.8x | 29.1x | 7.3x |
| Thu, 02 Sep 2021 | د.ك23.4b | د.ك3.2b | د.ك806.0m | 13.5x | 29x | 7.3x |
| Sat, 31 Jul 2021 | د.ك22.5b | د.ك3.2b | د.ك806.0m | 12.9x | 28x | 7x |
| Tue, 04 May 2021 | د.ك20.4b | د.ك2.9b | د.ك551.9m | 12.2x | 36.9x | 7.1x |
| Fri, 05 Feb 2021 | د.ك19.3b | د.ك2.8b | د.ك459.1m | 19.8x | 41.9x | 6.9x |
Price to Earnings Ratio
40x
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 15.4x which is lower than its 3-year average PE of 25.7x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 28% 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 | 0.0072% | |
| Financials | -0.16% | |
| Consumer Finance | 3.69% | |
| Capital Markets | 0.56% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Banks | -0.20% | |
| Diversified Financial | -0.68% | |
| Insurance | -1.22% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 27.1x.
- 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 below its 3-year average of 8.5x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 9.1% over the next 5 years.
- However this is lower than its past earnings growth rate of 46% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 8.4% 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 | 0.6% +د.ك39.6m | -15.0% | PB1.7x | |
| CBK Commercial Bank of Kuwait K.P.S.C | د.ك0.51 | 1.8% +د.ك7.9m | 8.3% | PB1.4x | |
| GINS Gulf Insurance Group K.S.C.P | د.ك1.82 | 1.1% +د.ك5.7m | 82.0% | PE13.8x | |
| GIH Gulf Investment House - KPSC | د.ك0.35 | 2.9% +د.ك4.0m | -17.7% | PE61.7x | |
| IFA International Financial Advisors Holding - KPSC | د.ك0.30 | 5.3% +د.ك3.7m | 178.5% | PE5.6x |