BK Group PLC provides retail and corporate banking, insurance, brokerage, internet, and digital services in Rwanda.
BK Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh27.50|
|52 Week High||KSh12.50|
|52 Week Low||KSh40.00|
|1 Month Change||-1.43%|
|3 Month Change||-6.78%|
|1 Year Change||111.54%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-11.29%|
Recent News & Updates
|BKG||KE Banks||KE Market|
Return vs Industry: BKG exceeded the KE Banks industry which returned 17.3% over the past year.
Return vs Market: BKG exceeded the KE Market which returned 28.4% over the past year.
Stable Share Price: BKG is more volatile than 90% of KE stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BKG's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of KE stocks.
About the Company
BK Group PLC provides retail and corporate banking, insurance, brokerage, internet, and digital services in Rwanda. The company offers personal current and joint, savings, and business accounts; fixed deposits; and consumer, car, agriculture, overdraft, plot, business, and mortgage loans, as well as debit and credit cards. It also provides trade finance services, such as letter of credit, guarantees/bonds, invoice discount, and LPO financing; asset finance services; and short-term financing services comprising inventory financing, cash credit lines, overdraft, and seasonal loans.
BK Group Fundamentals Summary
|BKG fundamental statistics|
Is BKG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BKG income statement (TTM)|
|Cost of Revenue||RF0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||49.90|
|Net Profit Margin||38.45%|
How did BKG perform over the long term?See historical performance and comparison
Is BK Group 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: BKG (KES27.5) is trading above our estimate of fair value (KES26.85)
Significantly Below Fair Value: BKG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKG is good value based on its PE Ratio (5x) compared to the KE Banks industry average (6.1x).
PE vs Market: BKG is good value based on its PE Ratio (5x) compared to the KE market (6.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BKG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKG's PB Ratio (0.8x) is in line with the KE Banks industry average.
How is BK Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BKG's forecast earnings growth is above the savings rate (12.6%).
Earnings vs Market: Insufficient data to determine if BKG's earnings are forecast to grow faster than the KE market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BKG's revenue (20% per year) is forecast to grow faster than the KE market (9.5% per year).
High Growth Revenue: BKG's revenue (20% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKG's Return on Equity is forecast to be high in 3 years time (21.8%)
How has BK Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKG has high quality earnings.
Growing Profit Margin: BKG's current net profit margins (38.5%) are higher than last year (36.9%).
Past Earnings Growth Analysis
Earnings Trend: BKG's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: BKG's earnings growth over the past year (17.5%) exceeds its 5-year average (17.3% per year).
Earnings vs Industry: BKG earnings growth over the past year (17.5%) exceeded the Banks industry -5.6%.
Return on Equity
High ROE: BKG's Return on Equity (16.6%) is considered low.
How is BK Group'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: BKG's Assets to Equity ratio (5.2x) is low.
Allowance for Bad Loans: BKG has a low allowance for bad loans (96%).
Low Risk Liabilities: 89% of BKG's liabilities are made up of primarily low risk sources of funding.
Loan Level: BKG has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: BKG's Loans to Deposits ratio (91%) is appropriate.
Level of Bad Loans: BKG has a high level of bad loans (9.2%).
What is BK Group current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BKG'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 BKG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BKG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BKG is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BKG'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
Dr. Diane Karusisi serves as the Chief Executive Officer at BK Group Plc (formerly, Bank of Kigali Ltd.) Dr. Karusisi was in the Office of the President where she headed the Strategy and Policy Unit. Prior...
Experienced Management: BKG's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: BKG's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
BK Group PLC's employee growth, exchange listings and data sources
- Name: BK Group PLC
- Ticker: BKG
- Exchange: NASE
- Founded: 1966
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: KSh24.875b
- Shares outstanding: 904.55m
- Website: https://www.bk.rw
Number of Employees
- BK Group PLC
- KN 4 Avenue 1
- No. 12 Plot No. 790
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:23|
|End of Day Share Price||2021/10/26 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.