We’ve recently updated our valuation analysis.

KCB Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

KCB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4x
EQTY Equity Group Holdings
3.7x16.3%KSh170.2b
COOP Co-operative Bank of Kenya
3.3xn/aKSh73.3b
ABSA Absa Bank Kenya
5.1xn/aKSh67.6b
NCBA NCBA Group
3.7xn/aKSh62.8b
KCB KCB Group
3.2x17.4%KSh123.7b


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a11.4%
n/an/an/a


Price to Earnings Ratio vs Fair Ratio

What is KCB'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.

KCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.2x
Fair PE Ratio3.5x

Price-To-Earnings vs Fair Ratio: KCB is good value based on its Price-To-Earnings Ratio (3.2x) compared to the estimated Fair Price-To-Earnings Ratio (3.5x).


Share Price vs Fair Value

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


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 KCB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentKSh38.50
KSh63.92
+66.0%
30.2%KSh97.10KSh50.00n/a4
Feb ’24KSh38.10
KSh63.92
+67.8%
30.2%KSh97.10KSh50.00n/a4
Jan ’24KSh38.10
KSh66.66
+75.0%
27.1%KSh97.10KSh50.00n/a5
Dec ’23KSh38.00
KSh65.16
+71.5%
25.6%KSh91.60KSh48.00n/a5
Nov ’23KSh37.70
KSh65.16
+72.8%
25.6%KSh91.60KSh48.00n/a5
Oct ’23KSh41.45
KSh65.16
+57.2%
25.6%KSh91.60KSh48.00n/a5
Sep ’23KSh41.00
KSh65.16
+58.9%
25.6%KSh91.60KSh48.00n/a5
Aug ’23KSh40.75
KSh66.59
+63.4%
23.7%KSh91.60KSh48.00n/a5
Jul ’23KSh39.00
KSh64.59
+65.6%
24.6%KSh91.60KSh51.00n/a4
Jun ’23KSh38.10
KSh56.34
+47.9%
10.1%KSh67.20KSh50.50n/a6
May ’23KSh37.45
KSh56.98
+52.1%
9.6%KSh67.20KSh50.50n/a7
Apr ’23KSh44.00
KSh57.06
+29.7%
9.6%KSh67.20KSh50.50n/a7
Mar ’23KSh44.30
KSh56.38
+27.3%
9.6%KSh67.20KSh50.50n/a8
Feb ’23KSh45.00
KSh56.38
+25.3%
9.6%KSh67.20KSh50.50KSh38.108
Jan ’23KSh45.45
KSh55.57
+22.3%
9.4%KSh67.20KSh50.50KSh38.108
Dec ’22KSh42.25
KSh55.37
+31.1%
9.9%KSh67.20KSh49.00KSh38.008
Nov ’22KSh43.95
KSh55.30
+25.8%
9.7%KSh67.20KSh49.00KSh37.707
Oct ’22KSh46.75
KSh54.06
+15.6%
10.3%KSh67.20KSh46.17KSh41.459
Sep ’22KSh48.00
KSh52.48
+9.3%
11.1%KSh67.20KSh46.17KSh41.009
Aug ’22KSh45.70
KSh51.20
+12.0%
11.4%KSh67.20KSh46.17KSh40.7510
Jul ’22KSh42.50
KSh50.31
+18.4%
9.7%KSh62.80KSh46.17KSh39.009
Jun ’22KSh42.30
KSh50.31
+18.9%
9.7%KSh62.80KSh46.17KSh38.109
May ’22KSh40.25
KSh49.10
+22.0%
11.9%KSh62.80KSh41.40KSh37.459
Apr ’22KSh41.10
KSh49.10
+19.5%
11.9%KSh62.80KSh41.40KSh44.009
Mar ’22KSh38.80
KSh48.45
+24.9%
11.4%KSh62.80KSh41.40KSh44.3011
Feb ’22KSh35.75
KSh48.45
+35.5%
11.4%KSh62.80KSh41.40KSh45.0011


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