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Kuwaiti (PR) Banks Industry Analysis

UpdatedOct 28, 2023
DataAggregated Company Financials
Companies11
  • 7D-4.1%
  • 3M-11.4%
  • 1Y-12.0%
  • YTD-11.4%

Over the last 7 days, the Banks industry has dropped 2.6%, driven by a pullback from Kuwait Finance House K.S.C.P of 4.3%. The industry has fallen 11% in the last year. As for the next few years, earnings are expected to grow by 7.5% per annum.

Industry Valuation and Performance

Has the Kuwaiti Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Oct 2023د.ك23.8bد.ك4.2bد.ك1.5b16.7x15.8x5.7x
Mon, 25 Sep 2023د.ك25.5bد.ك4.0bد.ك1.4b19.3x18x6.4x
Wed, 23 Aug 2023د.ك25.6bد.ك4.0bد.ك1.4b19.7x18x6.4x
Fri, 21 Jul 2023د.ك26.8bد.ك3.8bد.ك1.3b20.1x20.6x7.1x
Sun, 18 Jun 2023د.ك25.6bد.ك3.7bد.ك1.3b20.1x20.1x6.8x
Tue, 16 May 2023د.ك25.3bد.ك3.6bد.ك1.3b20.6x19.9x7x
Thu, 13 Apr 2023د.ك26.0bد.ك3.4bد.ك1.2b22.1x22.5x7.6x
Sat, 11 Mar 2023د.ك27.9bد.ك3.4bد.ك1.1b22.2x25x8.3x
Mon, 06 Feb 2023د.ك27.8bد.ك3.2bد.ك1.0b23.6x26.9x8.8x
Wed, 04 Jan 2023د.ك26.3bد.ك3.1bد.ك1.0b22.9x26.1x8.4x
Fri, 02 Dec 2022د.ك28.1bد.ك3.1bد.ك1.0b23.7x27.9x9x
Sun, 30 Oct 2022د.ك26.5bد.ك3.2bد.ك1.0b22.7x25.5x8.4x
Tue, 27 Sep 2022د.ك23.1bد.ك3.0bد.ك989.3m23.5x23.4x7.7x
Thu, 25 Aug 2022د.ك25.0bد.ك3.0bد.ك989.3m25.4x25.3x8.3x
Sat, 23 Jul 2022د.ك24.5bد.ك2.9bد.ك916.9m27.8x26.7x8.5x
Mon, 20 Jun 2022د.ك23.5bد.ك2.8bد.ك916.9m25.4x25.6x8.3x
Wed, 18 May 2022د.ك24.5bد.ك2.8bد.ك916.9m27.1x26.7x8.7x
Fri, 15 Apr 2022د.ك25.7bد.ك2.7bد.ك816.0m27.8x31.5x9.6x
Sun, 13 Mar 2022د.ك24.8bد.ك2.7bد.ك791.4m35x31.3x9.3x
Tue, 08 Feb 2022د.ك22.8bد.ك2.5bد.ك696.6m27.7x32.7x9x
Thu, 06 Jan 2022د.ك21.8bد.ك2.5bد.ك661.5m25.2x33x8.9x
Sat, 04 Dec 2021د.ك21.0bد.ك2.5bد.ك661.5m25x31.8x8.5x
Mon, 01 Nov 2021د.ك21.1bد.ك2.4bد.ك645.3m23.3x32.7x8.7x
Wed, 29 Sep 2021د.ك20.5bد.ك2.3bد.ك562.5m25.7x36.5x8.9x
Fri, 27 Aug 2021د.ك20.5bد.ك2.3bد.ك562.5m25.2x36.4x8.9x
Sat, 03 Jul 2021د.ك19.1bد.ك2.3bد.ك562.5m23.4x33.9x8.3x
Tue, 06 Apr 2021د.ك17.5bد.ك2.0bد.ك363.3m36.6x48.1x8.6x
Fri, 08 Jan 2021د.ك16.5bد.ك2.1bد.ك397.8m30.3x41.5x7.9x
Price to Earnings Ratio

30.8x


Total Market Cap: د.ك16.5bTotal Earnings: د.ك535.2mTotal Revenue: د.ك2.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Banks Industry Price to Earnings3Y Average 30.3x202120222023
Current Industry PE
  • Investors are pessimistic on the Kuwaiti Banks 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 16.0x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 8.2x is higher than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 24% 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 industry?

KW Market-3.49%
Financials-3.85%
Banks-4.09%
Regional Banks0%
Diversified Banks-4.09%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 30.3x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 18.7% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 30.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 19% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GBK Gulf Bank K.S.C.Pد.ك0.24-3.9%
د.ك30.0m		-24.6%PB1.2x
CBK Commercial Bank of Kuwait K.P.S.Cد.ك0.590.2%
+د.ك1.8m		21.4%PB1.6x
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Latest News

WARBABANK

د.ك0.17

Warba Bank K.S.C.P

7D

-6.5%

1Y

-26.2%

GBK

د.ك0.24

Gulf Bank K.S.C.P

7D

-3.9%

1Y

-24.6%

CBK

د.ك0.59

Commercial Bank of Kuwait K.P.S.C

7D

0.2%

1Y

21.4%

ALMUTAHED

د.ك0.25

Ahli United Bank K.S.C.P

7D

-5.6%

1Y

-4.6%

KFH

د.ك0.68

Kuwait Finance House K.S.C.P

7D

-5.8%

1Y

-6.9%

BOUBYAN

د.ك0.59

Boubyan Bank K.S.C.P

7D

-1.7%

1Y

-23.1%

NBK

د.ك0.87

National Bank of KuwaitK.P

7D

-2.9%

1Y

-13.8%

BURG

د.ك0.16

Burgan Bank K.P.S.C

7D

-4.1%

1Y

-20.6%

ABK

د.ك0.21

Al Ahli Bank of Kuwait K.S.C.P

7D

-3.2%

1Y

-29.9%

KPROJ

د.ك0.11

Kuwait Projects Company Holding K.S.C.P

7D

-2.7%

1Y

-8.3%