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Kenya Reinsurance NASE:KNRE Stock Report

Last Price

KSh1.07

Market Cap

KSh6.0b

7D

-7.8%

1Y

23.0%

Updated

21 Dec, 2024

Data

Company Financials

Kenya Reinsurance Corporation Limited

NASE:KNRE Stock Report

Market Cap: KSh6.0b

KNRE Stock Overview

Kenya Reinsurance Corporation Limited underwrites various classes of reinsurance and investments activities in Africa, the Middle East, and Asia. More details

KNRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Kenya Reinsurance Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kenya Reinsurance
Historical stock prices
Current Share PriceKSh1.07
52 Week HighKSh1.80
52 Week LowKSh0.88
Beta0.36
1 Month Change-3.60%
3 Month Change-17.05%
1 Year Change22.99%
3 Year Change-6.55%
5 Year Change-30.74%
Change since IPO-38.54%

Recent News & Updates

Recent updates

Shareholder Returns

KNREKE InsuranceKE Market
7D-7.8%-1.1%2.3%
1Y23.0%7.3%35.4%

Return vs Industry: KNRE exceeded the KE Insurance industry which returned 7.3% over the past year.

Return vs Market: KNRE underperformed the KE Market which returned 35.4% over the past year.

Price Volatility

Is KNRE's price volatile compared to industry and market?
KNRE volatility
KNRE Average Weekly Movement6.1%
Insurance Industry Average Movement5.3%
Market Average Movement5.9%
10% most volatile stocks in KE Market11.5%
10% least volatile stocks in KE Market2.9%

Stable Share Price: KNRE has not had significant price volatility in the past 3 months compared to the KE market.

Volatility Over Time: KNRE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970n/aHillary Wachingawww.kenyare.co.ke

Kenya Reinsurance Corporation Limited underwrites various classes of reinsurance and investments activities in Africa, the Middle East, and Asia. The company offers property and casualty reinsurance solutions to fire, marine hull, engineering, aviation, motor, and agriculture industries. It also provides life and health reinsurance plans, as well as Retakaful support services.

Kenya Reinsurance Corporation Limited Fundamentals Summary

How do Kenya Reinsurance's earnings and revenue compare to its market cap?
KNRE fundamental statistics
Market capKSh5.99b
Earnings (TTM)KSh4.86b
Revenue (TTM)KSh26.46b

1.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KNRE income statement (TTM)
RevenueKSh26.46b
Cost of RevenueKSh18.89b
Gross ProfitKSh7.57b
Other ExpensesKSh2.71b
EarningsKSh4.86b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin28.60%
Net Profit Margin18.36%
Debt/Equity Ratio0%

How did KNRE perform over the long term?

See historical performance and comparison

Dividends

14.0%

Current Dividend Yield

17%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kenya Reinsurance Corporation Limited is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victor KoechAIB-AXYS Africa Limited
Muammar IsmailyEFG-Hermes Research
Alexander MuiruriFaida Investment Bank Limited