Diamond Trust Bank Kenya Limited

NASE:DTK Stock Report

Market Cap: KSh14.6b

Diamond Trust Bank Kenya Valuation

Is DTK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DTK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate DTK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate DTK's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DTK?

Key metric: As DTK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DTK. This is calculated by dividing DTK's market cap by their current earnings.
What is DTK's PE Ratio?
PE Ratio2x
EarningsKSh7.22b
Market CapKSh14.61b

Price to Earnings Ratio vs Peers

How does DTK's PE Ratio compare to its peers?

The above table shows the PE ratio for DTK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average3.7x
BKG BK Group
3.9xn/aKSh31.6b
IMH I&M Group
3.5xn/aKSh47.2b
SBIC Stanbic Holdings
4.1xn/aKSh50.2b
NCBA NCBA Group
3.3xn/aKSh72.7b
DTK Diamond Trust Bank Kenya
2xn/aKSh14.6b

Price-To-Earnings vs Peers: DTK is good value based on its Price-To-Earnings Ratio (2x) compared to the peer average (3.7x).


Price to Earnings Ratio vs Industry

How does DTK's PE Ratio compare vs other companies in the African Banks Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DTK 2.0xIndustry Avg. 5.2xNo. of Companies23PE0612182430+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DTK is good value based on its Price-To-Earnings Ratio (2x) compared to the African Banks industry average (5.2x).


Price to Earnings Ratio vs Fair Ratio

What is DTK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DTK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DTK's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DTK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentKSh52.25
KSh66.45
+27.2%
25.8%KSh90.33KSh50.76n/a3
Nov ’25KSh53.00
KSh66.45
+25.4%
25.8%KSh90.33KSh50.76n/a3
Oct ’25KSh49.25
KSh66.73
+35.5%
26.3%KSh91.19KSh50.76n/a3
Sep ’25KSh45.25
KSh67.95
+50.2%
24.3%KSh91.19KSh54.40n/a3
Aug ’25KSh45.95
KSh67.95
+47.9%
24.3%KSh91.19KSh54.40n/a3
Jul ’25KSh46.45
KSh66.69
+43.6%
22.1%KSh87.41KSh54.40n/a3
Jun ’25KSh45.90
KSh72.83
+58.7%
20.0%KSh87.41KSh58.25n/a2
May ’25KSh50.00
KSh66.95
+33.9%
21.7%KSh87.41KSh55.20n/a3
Apr ’25KSh55.00
KSh71.31
+29.6%
22.6%KSh87.41KSh55.20n/a2
Mar ’25KSh48.95
KSh71.31
+45.7%
22.6%KSh87.41KSh55.20n/a2
Feb ’25KSh46.00
KSh71.31
+55.0%
22.6%KSh87.41KSh55.20n/a2
Jan ’25KSh45.05
KSh71.31
+58.3%
22.6%KSh87.41KSh55.20n/a2
Dec ’24KSh45.75
KSh71.31
+55.9%
22.6%KSh87.41KSh55.20n/a2
Nov ’24KSh45.00
KSh57.21
+27.1%
3.5%KSh59.21KSh55.20KSh53.002
Oct ’24KSh48.10
KSh60.87
+26.5%
2.7%KSh62.53KSh59.21KSh49.252
Sep ’24KSh48.45
KSh60.87
+25.6%
2.7%KSh62.53KSh59.21KSh45.252
Aug ’24KSh47.70
KSh60.87
+27.6%
2.7%KSh62.53KSh59.21KSh45.952
Jul ’24KSh49.85
KSh60.87
+22.1%
2.7%KSh62.53KSh59.21KSh46.452
Jun ’24KSh45.70
KSh60.87
+33.2%
2.7%KSh62.53KSh59.21KSh45.902
May ’24KSh54.75
KSh60.87
+11.2%
2.7%KSh62.53KSh59.21KSh50.002

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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