Kuwaiti (PR) Financials Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies51
- 7D-1.1%
- 3M-3.1%
- 1Y6.8%
- YTD5.2%
Over the last 7 days, the Financials industry has dropped 1.1%, driven by Kuwait Finance House K.S.C.P declining 1.5%. This takes the industry's 12 month performance to a gain of 6.8%. As for the next few years, earnings are expected to grow by 8.1% per annum.
Sector Valuation and Performance
Has the Kuwaiti Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | د.ك29.7b | د.ك6.1b | د.ك1.7b | 13.6x | 17.7x | 4.9x |
| Sat, 27 Apr 2024 | د.ك29.4b | د.ك6.0b | د.ك1.6b | 14.7x | 18x | 4.9x |
| Mon, 25 Mar 2024 | د.ك30.5b | د.ك5.9b | د.ك1.7b | 15.1x | 17.7x | 5.2x |
| Wed, 21 Feb 2024 | د.ك31.2b | د.ك5.8b | د.ك1.8b | 15.8x | 17.6x | 5.3x |
| Fri, 19 Jan 2024 | د.ك29.7b | د.ك5.9b | د.ك1.8b | 17.4x | 16.6x | 5.1x |
| Sun, 17 Dec 2023 | د.ك27.8b | د.ك5.9b | د.ك1.8b | 15.4x | 15.5x | 4.7x |
| Tue, 14 Nov 2023 | د.ك26.8b | د.ك5.7b | د.ك1.7b | 16.5x | 15.4x | 4.7x |
| Thu, 12 Oct 2023 | د.ك27.1b | د.ك5.5b | د.ك1.6b | 18.3x | 16.5x | 4.9x |
| Sat, 09 Sep 2023 | د.ك28.8b | د.ك5.4b | د.ك1.6b | 19.6x | 17.6x | 5.3x |
| Mon, 07 Aug 2023 | د.ك29.2b | د.ك5.2b | د.ك1.6b | 20.7x | 18.6x | 5.6x |
| Wed, 05 Jul 2023 | د.ك29.2b | د.ك5.1b | د.ك1.5b | 19.6x | 20.1x | 5.8x |
| Fri, 02 Jun 2023 | د.ك27.7b | د.ك5.0b | د.ك1.4b | 19.4x | 19.1x | 5.5x |
| Sun, 30 Apr 2023 | د.ك29.7b | د.ك4.8b | د.ك1.4b | 16.4x | 21.2x | 6.2x |
| Tue, 28 Mar 2023 | د.ك29.2b | د.ك5.0b | د.ك1.4b | 16.3x | 21.1x | 5.8x |
| Thu, 23 Feb 2023 | د.ك30.8b | د.ك4.7b | د.ك1.3b | 17x | 23.6x | 6.6x |
| Sat, 21 Jan 2023 | د.ك30.0b | د.ك4.4b | د.ك1.2b | 17.5x | 24.9x | 6.8x |
| Mon, 19 Dec 2022 | د.ك29.8b | د.ك4.4b | د.ك1.2b | 17.1x | 24.7x | 6.8x |
| Wed, 16 Nov 2022 | د.ك31.4b | د.ك4.4b | د.ك1.3b | 16.4x | 24.7x | 7.1x |
| Fri, 14 Oct 2022 | د.ك28.3b | د.ك4.3b | د.ك1.3b | 12.8x | 22.5x | 6.6x |
| Sun, 11 Sep 2022 | د.ك27.2b | د.ك4.3b | د.ك1.3b | 14.8x | 21.6x | 6.3x |
| Tue, 09 Aug 2022 | د.ك27.7b | د.ك4.2b | د.ك1.3b | 14.4x | 21.3x | 6.6x |
| Thu, 07 Jul 2022 | د.ك26.8b | د.ك4.1b | د.ك1.2b | 14.4x | 21.5x | 6.6x |
| Sat, 04 Jun 2022 | د.ك27.6b | د.ك4.1b | د.ك1.2b | 19.6x | 22.2x | 6.8x |
| Mon, 02 May 2022 | د.ك29.5b | د.ك3.9b | د.ك1.2b | 19x | 25.4x | 7.5x |
| Wed, 30 Mar 2022 | د.ك29.3b | د.ك3.8b | د.ك1.1b | 19x | 26.6x | 7.6x |
| Fri, 25 Feb 2022 | د.ك26.8b | د.ك3.7b | د.ك1.1b | 21.6x | 25.5x | 7.2x |
| Sun, 23 Jan 2022 | د.ك26.2b | د.ك3.5b | د.ك957.8m | 15.3x | 27.4x | 7.6x |
| Tue, 21 Dec 2021 | د.ك24.2b | د.ك3.5b | د.ك958.2m | 14.3x | 25.3x | 7x |
| Thu, 18 Nov 2021 | د.ك25.2b | د.ك3.4b | د.ك930.6m | 17.1x | 27.1x | 7.4x |
| Sat, 16 Oct 2021 | د.ك23.5b | د.ك3.2b | د.ك818.4m | 13.8x | 28.7x | 7.3x |
| Mon, 13 Sep 2021 | د.ك23.4b | د.ك3.2b | د.ك805.8m | 13.8x | 29.1x | 7.3x |
| Wed, 11 Aug 2021 | د.ك22.5b | د.ك3.2b | د.ك806.0m | 13.3x | 28x | 7x |
| Sun, 06 Jun 2021 | د.ك20.7b | د.ك2.9b | د.ك551.9m | 12.1x | 37.6x | 7.2x |
Price to Earnings Ratio
37.6x
Current Industry PE
- Investors are pessimistic on the Kuwaiti Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.7x which is lower than its 3-year average PE of 22.5x.
- The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Kuwaiti Financials sector?
| KW Market | -1.07% | |
| Financials | -1.12% | |
| Consumer Finance | 2.52% | |
| Insurance | 0.075% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Banks | -1.14% | |
| Capital Markets | -1.77% | |
| Diversified Financial | -2.20% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 45.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 11% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings grow by 8.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AINS Al-Ahleia Insurance CompanyK.P | د.ك0.80 | 6.5% +د.ك10.6m | n/a | PE8.2x | |
| ARZAN Arzan Financial Group for Financing and Investment - KPSC | د.ك0.19 | 5.7% +د.ك8.5m | 86.2% | PE22.5x | |
| ABK Al Ahli Bank of Kuwait K.S.C.P | د.ك0.27 | 0.7% +د.ك5.0m | -3.8% | PB1.1x | |
| BURG Burgan Bank K.P.S.C | د.ك0.19 | 0.5% +د.ك3.6m | 5.0% | PB0.7x | |
| KUWAITRE Kuwait Reinsurance Company K.S.C.P | د.ك0.36 | 2.9% +د.ك2.9m | n/a | PE8.6x |