Financials KCB Group PLC

Equities

End-of-day quote Nairobi S.E. Other stock markets 06:00:00 2024-05-20 pm EDT			5-day change	1st Jan Change
32.2 ^KES	+0.47%		+6.98%	+47.03%

03:52pm	Kenya's KCB Group first quarter pretax profit up 53%	RE
Mar. 21	KCB Group PLC Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	165,567	122,433	146,052	122,433	70,375	103,474	-
Enterprise Value (EV) ¹	165,567	122,433	146,052	122,433	70,375	103,474	103,474
P/E ratio	6.66 x	6.25 x	4.27 x	3 x	1.88 x	2.13 x	1.82 x
Yield	6.48%	2.62%	6.6%	5.25%	-	7.25%	11.4%
Capitalization / Revenue	1.96 x	1.27 x	1.34 x	0.94 x	0.43 x	0.52 x	0.45 x
EV / Revenue	1.96 x	1.27 x	1.34 x	0.94 x	0.43 x	0.52 x	0.45 x
EV / EBITDA	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	1.34 x	0.86 x	0.85 x	0.61 x	-	0.37 x	0.32 x
Nbr of stocks (in thousands)	3,066,063	3,213,463	3,213,463	3,213,463	3,213,463	3,213,463	-
Reference price ²	54.00	38.10	45.45	38.10	21.90	32.20	32.20
Announcement Date	3/12/20	3/17/21	3/16/22	3/15/23	3/21/24	-	-

¹KES in Million²KES

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	84,303	96,388	109,323	129,905	165,239	200,015	228,478
EBITDA	-	-	-	-	-	-	-
EBIT ¹	45,786	53,227	61,557	-	82,088	108,900	128,067
Operating Margin	54.31%	55.22%	56.31%	-	49.68%	54.45%	56.05%
Earnings before Tax (EBT) ¹	36,897	25,719	47,815	57,331	48,452	73,938	87,698
Net income ¹	25,165	19,604	34,092	40,614	37,462	52,667	62,469
Net margin	29.85%	20.34%	31.18%	31.26%	22.67%	26.33%	27.34%
EPS ²	8.110	6.100	10.64	12.71	11.66	15.15	17.72
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	3.500	1.000	3.000	2.000	-	2.333	3.667
Announcement Date	3/12/20	3/17/21	3/16/22	3/15/23	3/21/24	-	-

¹KES in Million²KES

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	20.7%	14.4%	22.4%	21.8%	-	20.5%	20.6%
ROA (Net income/ Total Assets)	3.12%	2.08%	3.2%	3.02%	-	2.3%	2.4%
Assets ¹	806,447	943,208	1,063,779	1,347,049	-	2,289,870	2,602,875
Book Value Per Share ²	40.40	44.30	53.40	62.30	-	87.00	101.0
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	3/12/20	3/17/21	3/16/22	3/15/23	3/21/24	-	-

¹KES in Million²KES

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

32.2 KES

Average target price

48.65 KES

Spread / Average Target

+51.09%

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