Absa Bank Kenya PLC, together with its subsidiaries, provides various banking products and services to private customers, corporates, financial institutions, and government clients in Kenya.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh10.20|
|52 Week High||KSh8.50|
|52 Week Low||KSh11.35|
|1 Month Change||-1.45%|
|3 Month Change||2.20%|
|1 Year Change||7.37%|
|3 Year Change||-2.86%|
|5 Year Change||27.50%|
|Change since IPO||235.80%|
Recent News & Updates
|ABSA||KE Banks||KE Market|
Return vs Industry: ABSA underperformed the KE Banks industry which returned 16.5% over the past year.
Return vs Market: ABSA underperformed the KE Market which returned 29.7% over the past year.
Stable Share Price: ABSA is less volatile than 75% of KE stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ABSA's weekly volatility (3%) has been stable over the past year.
About the Company
|1916||1,991||Jeremy Edward Awori||https://www.absabank.co.ke|
Absa Bank Kenya PLC, together with its subsidiaries, provides various banking products and services to private customers, corporates, financial institutions, and government clients in Kenya. It operates in two segments, Consumer Banking and Corporate Banking. The company offers current accounts, savings, and deposits; credit and debit cards; consumer loans and mortgages; and investment banking, financing, risk management, advisory, transactional banking, and cash management services.
Absa Bank Kenya Fundamentals Summary
|ABSA fundamental statistics|
Is ABSA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABSA income statement (TTM)|
|Cost of Revenue||KSh0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.68|
|Net Profit Margin||30.52%|
How did ABSA perform over the long term?See historical performance and comparison
Is Absa Bank Kenya undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABSA (KES10.2) is trading above our estimate of fair value (KES3.2)
Significantly Below Fair Value: ABSA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABSA is good value based on its PE Ratio (6.1x) compared to the KE Banks industry average (6.2x).
PE vs Market: ABSA is good value based on its PE Ratio (6.1x) compared to the KE market (6.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABSA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABSA is overvalued based on its PB Ratio (1.1x) compared to the KE Banks industry average (0.8x).
How is Absa Bank Kenya forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Absa Bank Kenya has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Absa Bank Kenya performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABSA has a high level of non-cash earnings.
Growing Profit Margin: ABSA's current net profit margins (30.5%) are higher than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: ABSA's earnings have declined by 5.6% per year over the past 5 years.
Accelerating Growth: ABSA's earnings growth over the past year (119.5%) exceeds its 5-year average (-5.6% per year).
Earnings vs Industry: ABSA earnings growth over the past year (119.5%) exceeded the Banks industry -5.6%.
Return on Equity
High ROE: ABSA's Return on Equity (17.6%) is considered low.
How is Absa Bank Kenya's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ABSA's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: ABSA has a low allowance for bad loans (99%).
Low Risk Liabilities: 78% of ABSA's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABSA has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: ABSA's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: ABSA has a high level of bad loans (8.4%).
What is Absa Bank Kenya current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABSA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABSA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABSA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABSA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ABSA is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABSA's dividend in 3 years as they are not forecast to pay a notable one for the KE market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Edward Awori (50 yo)
Dr. Jeremy Edward Hannington Awori has been the Chief Executive Officer and Director of Absa Bank Kenya PLC (formerly known as Barclays Bank of Kenya Ltd.) since February 01, 2013. He serves as Managing Di...
CEO Compensation Analysis
Compensation vs Market: Jeremy Edward's total compensation ($USD1.05M) is above average for companies of similar size in the KE market ($USD713.74K).
Compensation vs Earnings: Jeremy Edward's compensation has been consistent with company performance over the past year.
Experienced Management: ABSA's management team is seasoned and experienced (7.7 years average tenure).
Experienced Board: ABSA's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Absa Bank Kenya PLC's employee growth, exchange listings and data sources
- Name: Absa Bank Kenya PLC
- Ticker: ABSA
- Exchange: NASE
- Founded: 1916
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: KSh54.859b
- Shares outstanding: 5.43b
- Website: https://www.absabank.co.ke
Number of Employees
- Absa Bank Kenya PLC
- Off Waiyaki Way Westlands
- PO Box 30120
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:40|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.