KENYA REINSURANCE CORP LTDKK

KENYA REINSURANCE CORP LTD

1.92KESD
+0.02+1.05%
At close at Mar 25, 11:55 GMT
KES
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KNRE fundamentals

Key facts

Market capitalization‪10.86 B‬KES
Founded1970
CEOHillary Maina Wachinga
About

Kenya Reinsurance Corp. Ltd. engages in the provision of reinsurance services. It operates through the General Insurance and Life Assurance Business segments. The General Insurance Business segment covers categories of short-term insurance business written by the Group, analysed into sub-classes of business based on the nature of the assumed risks. The company was founded in December 1970 and is headquartered in Nairobi, Kenya.

Ownership
‪‪5.60 B‬‬
Closely held shares
‪‪3.47 B‬‬ (62%)
Free Float shares
‪‪2.13 B‬‬ (38%)
Closely held shares
‪‪3.47 B‬‬ (62%)
Free Float shares
‪‪2.13 B‬‬ (38%)
Capital structure
Market cap
‪‪10.86 B‬‬
Debt
‪‪15.51 M‬‬
Enterprise value
‪‪10.88 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪10.86 B‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
Valuation ratios
‪0.00‬
‪0.08‬
‪0.16‬
‪0.24‬
‪0.32‬
H2 '21
H1 '22
H2 '22
H1 '23
H1 '24
‪0.00‬
‪0.60‬
‪1.20‬
‪1.80‬
‪2.40‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪7.0%‬
‪10.5%‬
‪14.0%‬
‪17.5%‬
‪21.0%‬
H2 '21
H1 '22
H2 '22
H1 '23
H1 '24
‪0.00‬
‪‪4.00 B‬‬
‪‪8.00 B‬‬
‪‪12.00 B‬‬
‪‪16.00 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Total operating expenses
Op income
Non-operating income
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪3.50 B‬‬
‪‪7.00 B‬‬
‪‪10.50 B‬‬
‪‪14.00 B‬‬
Revenue
Total operating expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪3.50 B‬‬
‪‪7.00 B‬‬
‪‪10.50 B‬‬
‪‪14.00 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Short Term
Long Term
By country
Period: 2023
Kenya

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
2020
2021
2022
2023
2024
‪0.00‬
‪‪6.00 B‬‬
‪‪12.00 B‬‬
‪‪18.00 B‬‬
‪‪24.00 B‬‬
Estimate
Earnings
Next:Feb 25, 2026
2020
2021
2022
2023
2024
‪0.00‬
‪0.20‬
‪0.40‬
‪0.60‬
‪0.80‬
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
Dividend yield TTM
7.89%
Last payment
0.30
Last ex-date
Jun 26, 2024
Dividend history
‪3.0%‬
‪6.5%‬
‪10.0%‬
‪13.5%‬
‪17.0%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.04‬
‪0.08‬
‪0.12‬
‪0.16‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Insurance reserves, claims and premiums
H2 '21
H1 '22
H2 '22
H1 '23
H1 '24
‪‪−4.50 B‬‬
‪0.00‬
‪‪4.50 B‬‬
‪‪9.00 B‬‬
‪‪13.50 B‬‬
Insurance reserves
Policy claims
Premium earned
Capital allocation analysis
H2 '21
H1 '22
H2 '22
H1 '23
H1 '24
‪−7.00‬
‪0.00‬
‪7.00‬
‪14.00‬
‪21.00‬
Reserve to total capital
Unearned premium to total capital