The Kenya Power and Lighting Company PLC engages in the transmission, distribution, and retail of electricity in Kenya.
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh1.68|
|52 Week High||KSh1.16|
|52 Week Low||KSh1.86|
|1 Month Change||-1.18%|
|3 Month Change||20.00%|
|1 Year Change||-2.89%|
|3 Year Change||-58.52%|
|5 Year Change||-81.23%|
|Change since IPO||3,529.14%|
Recent News & Updates
|KPLC||KE Electric Utilities||KE Market|
Return vs Industry: KPLC underperformed the KE Electric Utilities industry which returned 26.2% over the past year.
Return vs Market: KPLC underperformed the KE Market which returned 30% over the past year.
Stable Share Price: KPLC is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: KPLC's weekly volatility (6%) has been stable over the past year.
About the Company
The Kenya Power and Lighting Company PLC engages in the transmission, distribution, and retail of electricity in Kenya. It operates through four segments: Nairobi, West Kenya, Coast, and Mount Kenya. The company purchases electricity generated from geothermal, hydro, thermal, solar, cogeneration, and wind sources.
Kenya Power and Lighting Fundamentals Summary
|KPLC fundamental statistics|
Is KPLC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KPLC income statement (TTM)|
|Cost of Revenue||KSh88.63b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-0.77|
|Net Profit Margin||-1.13%|
How did KPLC perform over the long term?See historical performance and comparison
Is Kenya Power and Lighting undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KPLC (KES1.68) is trading below our estimate of fair value (KES3.49)
Significantly Below Fair Value: KPLC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KPLC is unprofitable, so we can't compare its PE Ratio to the Global Electric Utilities industry average.
PE vs Market: KPLC is unprofitable, so we can't compare its PE Ratio to the KE market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KPLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KPLC is good value based on its PB Ratio (0.1x) compared to the XF Electric Utilities industry average (0.6x).
How is Kenya Power and Lighting forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if KPLC's forecast earnings growth is above the savings rate (12.6%).
Earnings vs Market: Insufficient data to determine if KPLC'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: KPLC's revenue (9% per year) is forecast to grow slower than the KE market (9.3% per year).
High Growth Revenue: KPLC's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KPLC's Return on Equity is forecast to be high in 3 years time
How has Kenya Power and Lighting performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KPLC is currently unprofitable.
Growing Profit Margin: KPLC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KPLC is unprofitable, and losses have increased over the past 5 years at a rate of 59% per year.
Accelerating Growth: Unable to compare KPLC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KPLC is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (8.2%).
Return on Equity
High ROE: KPLC has a negative Return on Equity (-2.71%), as it is currently unprofitable.
How is Kenya Power and Lighting's financial position?
Financial Position Analysis
Short Term Liabilities: KPLC's short term assets (KES43.9B) do not cover its short term liabilities (KES112.2B).
Long Term Liabilities: KPLC's short term assets (KES43.9B) do not cover its long term liabilities (KES152.8B).
Debt to Equity History and Analysis
Debt Level: KPLC's debt to equity ratio (212.8%) is considered high.
Reducing Debt: KPLC's debt to equity ratio has increased from 173.4% to 212.8% over the past 5 years.
Debt Coverage: KPLC's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: KPLC's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Kenya Power and Lighting current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KPLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KPLC'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 KPLC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KPLC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KPLC is not paying a notable dividend for the KE market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KPLC'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
Mr. Bernard Ngugi, MCIPS, MKISM, CPA(K), CPS(K), MBA(Finance), BCom(Acct) serves as Managing Director, Chief Executive Officer and Director at The Kenya Power and Lighting Company PLC since October 28, 201...
CEO Compensation Analysis
Compensation vs Market: Bernard's total compensation ($USD100.53K) is below average for companies of similar size in the KE market ($USD263.40K).
Compensation vs Earnings: Insufficient data to compare Bernard's compensation with company performance.
Experienced Management: KPLC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: KPLC's board of directors are not considered experienced ( 1.3 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.
The Kenya Power and Lighting Company PLC's employee growth, exchange listings and data sources
- Name: The Kenya Power and Lighting Company PLC
- Ticker: KPLC
- Exchange: NASE
- Founded: 1922
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: KSh3.278b
- Shares outstanding: 1.95b
- Website: https://www.kplc.co.ke
Number of Employees
- The Kenya Power and Lighting Company PLC
- Stima Plaza
- Kolobot Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:11|
|End of Day Share Price||2021/10/18 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.