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Kuwaiti (PR) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies11
  • 7D-3.0%
  • 3M1.8%
  • 1Y25.4%
  • YTD25.6%

Over the last 7 days, the Banks 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 25%.

Industry Valuation and Performance

Has the Kuwaiti Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021د.ك21.6bد.ك2.5bد.ك661.5m26.9x
Thu, 28 Oct 2021د.ك20.8bد.ك2.4bد.ك641.3m22.5x
Sat, 25 Sep 2021د.ك20.6bد.ك2.3bد.ك562.5m25.7x
Mon, 23 Aug 2021د.ك20.0bد.ك2.3bد.ك562.5m24.5x
Sat, 10 Jul 2021د.ك19.1bد.ك2.3bد.ك562.5m23.4x
Fri, 02 Apr 2021د.ك17.5bد.ك2.0bد.ك363.3m36.6x
Mon, 04 Jan 2021د.ك16.5bد.ك2.1bد.ك397.8m30.3x
Thu, 08 Oct 2020د.ك16.5bد.ك2.2bد.ك535.2m23.9x
Wed, 01 Jul 2020د.ك15.5bد.ك2.3bد.ك612.2m19.7x
Sat, 04 Apr 2020د.ك14.4bد.ك2.6bد.ك847.0m17.5x
Tue, 07 Jan 2020د.ك19.2bد.ك2.6bد.ك868.0m18.3x
Mon, 30 Sep 2019د.ك17.0bد.ك2.7bد.ك943.1m15.8x
Thu, 04 Jul 2019د.ك17.7bد.ك2.7bد.ك969.5m15.7x
Sun, 07 Apr 2019د.ك16.6bد.ك2.7bد.ك977.3m15.6x
Wed, 09 Jan 2019د.ك14.5bد.ك2.7bد.ك988.4m12.9x
PE Ratio

14.3x

Total Market Cap: د.ك14.4bTotal Earnings: د.ك942.6mTotal Revenue: د.ك2.6b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 26.9x which is higher than its 3-year average PE of 21.1x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Banks industry have declined 11% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, 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 Banks industry?

Diversified Banks-2.97%

Industry PE: Investors are most optimistic about the Diversified 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.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 18% over the next 5 years. This is better than it's past earnings growth rate of 7.4% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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