Narrative Update • Aug 24

Over the last 7 days, the Financials industry has remained flat, although notably Gulf Insurance Group K.S.C.P declined by 9.0%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 13% annually.
Has the Kuwaiti Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | د.ك37.1b | د.ك6.7b | د.ك1.9b | 16.8x | 19.4x | 5.5x |
| Sat, 25 Jul 2026 | د.ك36.1b | د.ك6.7b | د.ك1.9b | 17.7x | 19.1x | 5.4x |
| Mon, 22 Jun 2026 | د.ك36.4b | د.ك6.6b | د.ك1.9b | 20.1x | 19.4x | 5.5x |
| Wed, 20 May 2026 | د.ك36.3b | د.ك6.7b | د.ك1.9b | 18.4x | 19.3x | 5.5x |
| Fri, 17 Apr 2026 | د.ك37.3b | د.ك6.7b | د.ك1.9b | 14.6x | 19.5x | 5.6x |
| Sun, 15 Mar 2026 | د.ك35.9b | د.ك6.6b | د.ك1.9b | 14.2x | 18.6x | 5.4x |
| Tue, 10 Feb 2026 | د.ك36.4b | د.ك6.8b | د.ك1.9b | 15.3x | 18.9x | 5.4x |
| Thu, 08 Jan 2026 | د.ك37.0b | د.ك6.8b | د.ك2.0b | 15.7x | 18.8x | 5.5x |
| Sat, 06 Dec 2025 | د.ك37.1b | د.ك6.8b | د.ك2.0b | 16.3x | 18.8x | 5.5x |
| Mon, 03 Nov 2025 | د.ك37.9b | د.ك6.8b | د.ك1.9b | 18.6x | 19.5x | 5.6x |
| Wed, 01 Oct 2025 | د.ك37.1b | د.ك6.7b | د.ك1.9b | 15.6x | 19.2x | 5.5x |
| Fri, 29 Aug 2025 | د.ك36.1b | د.ك6.7b | د.ك1.9b | 14.8x | 18.6x | 5.4x |
| Sun, 27 Jul 2025 | د.ك36.8b | د.ك6.7b | د.ك1.9b | 15.1x | 19.4x | 5.5x |
| Tue, 24 Jun 2025 | د.ك34.0b | د.ك6.6b | د.ك1.8b | 14.1x | 18.4x | 5.2x |
| Thu, 22 May 2025 | د.ك33.9b | د.ك6.5b | د.ك1.9b | 14.9x | 18.2x | 5.2x |
| Sat, 19 Apr 2025 | د.ك33.4b | د.ك6.5b | د.ك1.9b | 14.8x | 17.9x | 5.1x |
| Mon, 17 Mar 2025 | د.ك33.0b | د.ك6.5b | د.ك1.8b | 14.4x | 18.2x | 5.1x |
| Wed, 12 Feb 2025 | د.ك33.1b | د.ك6.4b | د.ك1.8b | 13.3x | 18.9x | 5.2x |
| Fri, 10 Jan 2025 | د.ك31.9b | د.ك6.3b | د.ك1.7b | 13.4x | 18.3x | 5x |
| Sun, 08 Dec 2024 | د.ك30.5b | د.ك6.3b | د.ك1.7b | 12.9x | 17.5x | 4.8x |
| Tue, 05 Nov 2024 | د.ك29.8b | د.ك6.3b | د.ك1.7b | 13.2x | 17.3x | 4.7x |
| Thu, 03 Oct 2024 | د.ك29.9b | د.ك6.2b | د.ك1.7b | 12.8x | 17.7x | 4.8x |
| Sat, 31 Aug 2024 | د.ك30.1b | د.ك6.2b | د.ك1.7b | 12.3x | 17.9x | 4.8x |
| Mon, 29 Jul 2024 | د.ك30.0b | د.ك6.2b | د.ك1.7b | 13.5x | 17.7x | 4.9x |
| Wed, 26 Jun 2024 | د.ك29.3b | د.ك6.1b | د.ك1.7b | 12.7x | 17.4x | 4.8x |
| Fri, 24 May 2024 | د.ك30.0b | د.ك6.1b | د.ك1.7b | 13.6x | 17.8x | 4.9x |
| Sun, 21 Apr 2024 | د.ك29.3b | د.ك5.9b | د.ك1.6b | 14.7x | 18.1x | 4.9x |
| Tue, 19 Mar 2024 | د.ك30.5b | د.ك5.9b | د.ك1.7b | 15.9x | 17.7x | 5.2x |
| Thu, 15 Feb 2024 | د.ك30.2b | د.ك5.8b | د.ك1.8b | 16.6x | 17x | 5.2x |
| Sat, 13 Jan 2024 | د.ك29.7b | د.ك5.9b | د.ك1.8b | 16.2x | 16.6x | 5.1x |
| Mon, 11 Dec 2023 | د.ك27.2b | د.ك5.9b | د.ك1.8b | 15.2x | 15.2x | 4.6x |
| Wed, 08 Nov 2023 | د.ك27.0b | د.ك5.7b | د.ك1.7b | 15.8x | 15.5x | 4.7x |
| Fri, 06 Oct 2023 | د.ك28.2b | د.ك5.5b | د.ك1.6b | 18.9x | 17.2x | 5.1x |
| Sun, 03 Sep 2023 | د.ك28.7b | د.ك5.4b | د.ك1.6b | 19.7x | 17.5x | 5.3x |
17.5x
Which industries have driven the changes within the Kuwaiti Financials sector?
| KW Market | 0.83% | |
| Financials | 0.76% | |
| Capital Markets | 3.00% | |
| Consumer Finance | 2.17% | |
| Banks | 0.66% | |
| Diversified Financial | 0.63% | |
| Insurance | -3.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NBK National Bank of KuwaitK.P | د.ك0.87 | 2.3% +د.ك183.6m | -10.2% | PB1.6x | |
| KFH Kuwait Finance House K.S.C.P | د.ك0.77 | 0.5% +د.ك76.8m | 7.4% | PB2.4x | |
| ABK Al Ahli Bank of Kuwait K.S.C.P | د.ك0.29 | 3.5% +د.ك27.3m | 6.8% | PB1x | |
| NOOR Noor Financial Investment Company - KPSC | د.ك0.49 | 7.7% +د.ك17.8m | 9.4% | PE6.9x | |
| BOURSA Boursa Kuwait Securities Company K.P.S.C | د.ك2.93 | 3.1% +د.ك17.7m | -13.9% | PE21.9x |