Kuwaiti (PR) Banks Industry Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies11
- 7D0.2%
- 3M-5.9%
- 1Y-15.6%
- YTD-9.8%
Over the last 7 days, the Banks industry has remained flat, although notably Kuwait Projects Company Holding K.S.C.P gained 5.6%. As for the longer term, the industry has declined 16% in the last year. Earnings are forecast to grow by 8.2% annually.
Industry Valuation and Performance
Has the Kuwaiti Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Nov 2023 | د.ك24.2b | د.ك4.3b | د.ك1.5b | 17.9x | 16x | 5.6x |
| Wed, 25 Oct 2023 | د.ك24.2b | د.ك4.2b | د.ك1.5b | 17.2x | 16x | 5.8x |
| Fri, 22 Sep 2023 | د.ك25.5b | د.ك4.0b | د.ك1.4b | 19.3x | 18x | 6.4x |
| Sun, 20 Aug 2023 | د.ك26.1b | د.ك4.0b | د.ك1.4b | 20x | 18.4x | 6.5x |
| Tue, 18 Jul 2023 | د.ك26.7b | د.ك3.7b | د.ك1.3b | 20.1x | 20.9x | 7.1x |
| Thu, 15 Jun 2023 | د.ك25.5b | د.ك3.7b | د.ك1.3b | 20.1x | 20x | 6.8x |
| Sat, 13 May 2023 | د.ك25.8b | د.ك3.6b | د.ك1.3b | 21.4x | 20.3x | 7.1x |
| Mon, 10 Apr 2023 | د.ك25.8b | د.ك3.4b | د.ك1.2b | 23.5x | 22.3x | 7.5x |
| Wed, 08 Mar 2023 | د.ك28.0b | د.ك3.4b | د.ك1.1b | 22.4x | 25.1x | 8.3x |
| Fri, 03 Feb 2023 | د.ك27.8b | د.ك3.1b | د.ك1.0b | 23.4x | 27.7x | 9x |
| Sun, 01 Jan 2023 | د.ك26.9b | د.ك3.1b | د.ك1.0b | 23.1x | 26.7x | 8.7x |
| Tue, 29 Nov 2022 | د.ك28.0b | د.ك3.1b | د.ك1.0b | 23.7x | 27.8x | 9x |
| Thu, 27 Oct 2022 | د.ك26.5b | د.ك3.2b | د.ك1.0b | 22.7x | 25.6x | 8.4x |
| Sat, 24 Sep 2022 | د.ك23.9b | د.ك3.0b | د.ك989.3m | 24.3x | 24.2x | 8x |
| Mon, 22 Aug 2022 | د.ك24.6b | د.ك3.0b | د.ك989.3m | 25.2x | 24.9x | 8.2x |
| Wed, 20 Jul 2022 | د.ك23.8b | د.ك2.8b | د.ك916.9m | 26x | 25.9x | 8.4x |
| Fri, 17 Jun 2022 | د.ك23.5b | د.ك2.8b | د.ك916.9m | 25.6x | 25.6x | 8.3x |
| Sun, 15 May 2022 | د.ك25.0b | د.ك2.8b | د.ك916.9m | 26.7x | 27.2x | 8.8x |
| Tue, 12 Apr 2022 | د.ك25.6b | د.ك2.7b | د.ك816.0m | 27.5x | 31.4x | 9.6x |
| Thu, 10 Mar 2022 | د.ك25.0b | د.ك2.7b | د.ك791.4m | 35x | 31.5x | 9.3x |
| Sat, 05 Feb 2022 | د.ك22.8b | د.ك2.5b | د.ك703.2m | 26.3x | 32.4x | 9x |
| Mon, 03 Jan 2022 | د.ك21.5b | د.ك2.5b | د.ك661.5m | 25.7x | 32.5x | 8.7x |
| Wed, 01 Dec 2021 | د.ك20.7b | د.ك2.5b | د.ك661.5m | 24.7x | 31.3x | 8.4x |
| Fri, 29 Oct 2021 | د.ك21.0b | د.ك2.4b | د.ك645.3m | 23.3x | 32.6x | 8.6x |
| Sun, 26 Sep 2021 | د.ك20.6b | د.ك2.3b | د.ك562.5m | 25.7x | 36.6x | 8.9x |
| Tue, 24 Aug 2021 | د.ك20.1b | د.ك2.3b | د.ك562.5m | 24.7x | 35.8x | 8.7x |
| Wed, 30 Jun 2021 | د.ك19.1b | د.ك2.3b | د.ك562.5m | 23.4x | 33.9x | 8.3x |
| Sat, 03 Apr 2021 | د.ك17.5b | د.ك2.0b | د.ك363.3m | 36.6x | 48.1x | 8.6x |
| Tue, 05 Jan 2021 | د.ك16.5b | د.ك2.1b | د.ك397.8m | 30.3x | 41.5x | 7.9x |
Price to Earnings Ratio
30.9x
Current Industry PE
- Investors are pessimistic on the Kuwaiti Banks 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 16.0x which is lower than its 3-year average PE of 29.9x.
- The 3-year average PS ratio of 8.1x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 25% 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 industry?
| KW Market | 0.45% | |
| Financials | 0.42% | |
| Banks | 0.16% | |
| Diversified Banks | 0.16% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 29.9x.
- Analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 17.3% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 29.9x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 17% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.2% 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 | |
|---|---|---|---|---|---|
| KPROJ Kuwait Projects Company Holding K.S.C.P | د.ك0.11 | 5.7% +د.ك27.3m | -7.4% | PB0.6x | |
| BURG Burgan Bank K.P.S.C | د.ك0.17 | 3.6% +د.ك20.7m | -20.8% | PB0.6x | |
| GBK Gulf Bank K.S.C.P | د.ك0.25 | 2.0% +د.ك18.1m | -21.8% | PB1.2x | |
| NBK National Bank of KuwaitK.P | د.ك0.87 | 0.2% +د.ك15.9m | -17.4% | PB1.7x | |
| ABK Al Ahli Bank of Kuwait K.S.C.P | د.ك0.21 | 1.0% +د.ك4.7m | -33.7% | PB0.8x |