Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Kenyan (NSE) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies49
  • 7D-2.5%
  • 3M13.7%
  • 1Y67.5%
  • YTD52.8%

Over the last 7 days, the market has dropped 2.5%, driven by losses in every sector, especially the Financials sector. In the last year, the market is actually up 68%. Earnings are forecast to grow by 17% annually.

Market Valuation and Performance

Has the Kenyan Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025KSh2.9tKSh1.9tKSh404.6b6.5x7.2x1.5x
Thu, 16 Oct 2025KSh2.7tKSh1.9tKSh392.5b6.1x6.8x1.4x
Sat, 13 Sep 2025KSh2.8tKSh1.9tKSh409.2b5.9x6.7x1.4x
Mon, 11 Aug 2025KSh2.5tKSh1.9tKSh397.6b5x6.2x1.3x
Wed, 09 Jul 2025KSh2.5tKSh1.9tKSh397.5b4.2x6.2x1.3x
Fri, 06 Jun 2025KSh2.1tKSh1.9tKSh396.6b4.1x5.2x1.1x
Sun, 04 May 2025KSh1.9tKSh1.9tKSh386.3b3.7x4.9x1x
Tue, 01 Apr 2025KSh2.0tKSh1.9tKSh379.6b4.9x5.2x1x
Thu, 27 Feb 2025KSh2.0tKSh1.9tKSh367.1b5.4x5.5x1.1x
Sat, 25 Jan 2025KSh2.0tKSh1.9tKSh354.3b5.3x5.7x1.1x
Mon, 23 Dec 2024KSh1.9tKSh1.9tKSh354.1b5.3x5.2x1x
Wed, 20 Nov 2024KSh1.7tKSh1.9tKSh349.1b5.1x5x0.9x
Fri, 18 Oct 2024KSh1.7tKSh1.8tKSh320.4b5.1x5.4x1x
Sun, 15 Sep 2024KSh1.6tKSh1.8tKSh318.9b4.6x5.1x0.9x
Tue, 13 Aug 2024KSh1.6tKSh1.7tKSh307.9b4.5x5x0.9x
Thu, 11 Jul 2024KSh1.7tKSh1.7tKSh299.8b4.8x5.6x1x
Sat, 08 Jun 2024KSh1.7tKSh1.7tKSh298.4b5x5.9x1x
Mon, 06 May 2024KSh1.6tKSh1.7tKSh286.2b4.7x5.6x0.9x
Wed, 03 Apr 2024KSh1.7tKSh1.7tKSh284.7b5.6x6x1x
Fri, 01 Mar 2024KSh1.4tKSh1.7tKSh286.4b5.2x4.9x0.8x
Sun, 28 Jan 2024KSh1.4tKSh1.7tKSh289.7b5.3x4.7x0.8x
Tue, 26 Dec 2023KSh1.4tKSh1.7tKSh290.1b5x4.8x0.8x
Thu, 23 Nov 2023KSh1.4tKSh1.7tKSh288.2b4.8x4.8x0.8x
Sat, 21 Oct 2023KSh1.4tKSh1.6tKSh286.7b5.3x4.9x0.9x
Mon, 18 Sep 2023KSh1.5tKSh1.6tKSh286.3b6x5.3x0.9x
Wed, 16 Aug 2023KSh1.6tKSh1.6tKSh283.5b6x5.5x1x
Fri, 14 Jul 2023KSh1.7tKSh1.6tKSh289.3b5.6x6x1.1x
Sun, 11 Jun 2023KSh1.6tKSh1.6tKSh285.1b5.4x5.6x1x
Tue, 09 May 2023KSh1.6tKSh1.6tKSh288.3b5.1x5.5x1x
Thu, 06 Apr 2023KSh1.7tKSh1.5tKSh285.8b4.9x6.1x1.1x
Sat, 04 Mar 2023KSh1.9tKSh1.5tKSh283.8b4.8x6.8x1.3x
Mon, 30 Jan 2023KSh1.9tKSh1.5tKSh282.6b5.3x6.8x1.3x
Wed, 28 Dec 2022KSh2.0tKSh1.5tKSh286.2b4.9x6.9x1.3x
Fri, 25 Nov 2022KSh2.0tKSh1.5tKSh273.5b6.3x7.2x1.3x
Price to Earnings Ratio

7.2x


Total Market Cap: KSh2.0tTotal Earnings: KSh273.5bTotal Revenue: KSh1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Kenyan Market Price to Earnings3Y Average 5.6x202320242025
Current Market PE
  • Investors are optimistic on the Kenyan market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 7.2x which is higher than its 3-year average PE of 5.6x.
Past Earnings Growth
  • The earnings for Kenyan listed companies have grown 14% per year over the last three years.
  • Revenues for these companies have grown 8.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Kenyan Market?

KE Market-2.51%
Real Estate0%0
Materials-0.95%
Industrials-1.31%
Utilities-1.38%
Telecom-1.69%
Consumer Discretionary-2.63%
Financials-3.00%
Consumer Staples-3.15%
Energy-12.15%
Sector PE
  • Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 75.7x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Utilities sector is the least preferred by investors for future growth, which is trading below its 3-year average of 5.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
COOP Co-operative Bank of KenyaKSh24.908.5%
+KSh11.4b		72.9%PB0.9xFinancials
KUKZ KakuziKSh415.253.7%
+KSh294.0m		4.6%PS1.6xConsumer Staples
PORT East African Portland CementKSh62.753.7%
+KSh202.5m		62.1%PE5.3xMaterials
UNGA Unga GroupKSh24.959.7%
+KSh166.6m		55.5%PE14.4xConsumer Staples
KAPC Kapchorua Tea KenyaKSh210.503.7%
+KSh117.4m		98.8%PE18.2xConsumer Staples
See more

Market Insights

Header cover image
💸 The Return of Share Buybacks in Tech
Richard Bowman avatar
Richard Bowman
|
|
Some of the biggest names in tech are restarting their buyback programs. By the end of this piece, you’ll see: What’s really driving this new buyback cycle, which companies are using it to create genuine value, and when repurchases are smart capital allocation or financial sleight of hand.
Continue reading
⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks
Last Week

⚠️ Default Distress: What Private Credit Troubles Could Mean for Regional Banks

Latest News

COOP
KSh24.90
Co-operative Bank of Kenya
7D
8.5%
1Y
72.9%
UNGA
KSh24.95
Unga Group
7D
9.7%
1Y
55.5%
CARB
KSh31.50
Carbacid Investments
7D
1.3%
1Y
58.3%
EQTY
KSh64.75
Equity Group Holdings
7D
-5.8%
1Y
32.1%
TOTL
KSh40.70
TotalEnergies Marketing Kenya
7D
-7.5%
1Y
105.0%
ABSA
KSh24.90
Absa Bank Kenya
7D
-2.4%
1Y
61.2%
KAPC
KSh210.50
Kapchorua Tea Kenya
7D
3.7%
1Y
98.8%
NCBA
KSh84.00
NCBA Group
7D
-2.3%
1Y
90.9%
SCOM
KSh29.00
Safaricom
7D
-0.3%
1Y
93.3%
WTK
KSh164.25
Williamson Tea Kenya
7D
-0.8%
1Y
48.8%
EABL
KSh235.00
East African Breweries
7D
-3.7%
1Y
27.7%
BKG
KSh42.65
BK Group
7D
0.2%
1Y
25.8%
PORT
KSh62.75
East African Portland Cement
7D
3.7%
1Y
62.1%
KCB
KSh65.00
KCB Group
7D
-6.5%
1Y
65.2%
BAT
KSh450.00
British American Tobacco Kenya
7D
0.2%
1Y
27.8%
KUKZ
KSh415.25
Kakuzi
7D
3.7%
1Y
4.6%