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Kuwait Investment Company K.S.C.P

KWSE:KINV
Snowflake Description

Excellent balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KINV
KWSE
KWD53M
Market Cap
  1. Home
  2. KW
  3. Diversified Financials
Company description

Kuwait Investment Company K.S.C.P. engages in various investment and financial activities based on asset management. The last earnings update was 59 days ago. More info.


Add to Portfolio Compare Print
  • Kuwait Investment Company K.S.C.P has significant price volatility in the past 3 months.
KINV Share Price and Events
7 Day Returns
-3.6%
KWSE:KINV
-1.4%
KW Capital Markets
-0.8%
KW Market
1 Year Returns
-30.6%
KWSE:KINV
-28%
KW Capital Markets
-18.4%
KW Market
KINV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kuwait Investment Company K.S.C.P (KINV) -3.6% -23.5% -34.9% -30.6% -5.5% -28.1%
KW Capital Markets -1.4% -16% -25.2% -28% -57.7% -13.6%
KW Market -0.8% -2.1% -24% -18.4% -6.8% -8.7%
1 Year Return vs Industry and Market
  • KINV underperformed the Capital Markets industry which returned -28% over the past year.
  • KINV underperformed the Market in Kuwait which returned -18.4% over the past year.
Price Volatility
KINV
Industry
5yr Volatility vs Market

Value

 Is Kuwait Investment Company K.S.C.P undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Kuwait Investment Company K.S.C.P to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Kuwait Investment Company K.S.C.P.

KWSE:KINV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= KWD0.23 * 9.8%
KWD0.02
Book Value of Equity per Share Median Book Value from the past 5 years. KWD0.23
Discount Rate (Cost of Equity) See below 14.6%
Perpetual Growth Rate 10-Year KW Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KWSE:KINV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year KW Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.712 (1 + (1- 15%) (45.1%))
0.99
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.99 * 6.07%)
14.61%

Discounted Cash Flow Calculation for KWSE:KINV using Excess Returns Model Model

The calculations below outline how an intrinsic value for Kuwait Investment Company K.S.C.P is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

KWSE:KINV Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.8% – 14.61%) * KWD0.23)
KWD-0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= KWD-0.01 / (14.61% - 8.6%)
KWD-0.18
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= KWD0.23 + KWD-0.18
KWD0.05
KWSE:KINV Discount to Share Price
Calculation Result
Value per share (KWD) From above. KWD0.05
Current discount Discount to share price of KWD0.10
= -1 x (KWD0.10 - KWD0.05) / KWD0.05
-109.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Kuwait Investment Company K.S.C.P is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kuwait Investment Company K.S.C.P's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kuwait Investment Company K.S.C.P's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KWSE:KINV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in KWD KWD0.03
KWSE:KINV Share Price ** KWSE (2020-04-09) in KWD KWD0.1
Kuwait Capital Markets Industry PE Ratio Median Figure of 12 Publicly-Listed Capital Markets Companies 9.98x
Kuwait Market PE Ratio Median Figure of 112 Publicly-Listed Companies 10.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kuwait Investment Company K.S.C.P.

KWSE:KINV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KWSE:KINV Share Price ÷ EPS (both in KWD)

= 0.1 ÷ 0.03

3.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kuwait Investment Company K.S.C.P is good value based on earnings compared to the KW Capital Markets industry average.
  • Kuwait Investment Company K.S.C.P is good value based on earnings compared to the Kuwait market.
Price based on expected Growth
Does Kuwait Investment Company K.S.C.P's expected growth come at a high price?
Raw Data
KWSE:KINV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Capital Markets Industry PEG Ratio Median Figure of 60 Publicly-Listed Capital Markets Companies 1.59x
Kuwait Market PEG Ratio Median Figure of 17 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kuwait Investment Company K.S.C.P, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kuwait Investment Company K.S.C.P's assets?
Raw Data
KWSE:KINV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in KWD KWD0.23
KWSE:KINV Share Price * KWSE (2020-04-09) in KWD KWD0.1
Kuwait Capital Markets Industry PB Ratio Median Figure of 15 Publicly-Listed Capital Markets Companies 0.52x
Kuwait Market PB Ratio Median Figure of 155 Publicly-Listed Companies 0.51x
KWSE:KINV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KWSE:KINV Share Price ÷ Book Value per Share (both in KWD)

= 0.1 ÷ 0.23

0.42x

* Primary Listing of Kuwait Investment Company K.S.C.P.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kuwait Investment Company K.S.C.P is good value based on assets compared to the KW Capital Markets industry average.
X
Value checks
We assess Kuwait Investment Company K.S.C.P's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Kuwait Investment Company K.S.C.P has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Kuwait Investment Company K.S.C.P expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kuwait Investment Company K.S.C.P has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.5%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kuwait Investment Company K.S.C.P expected to grow at an attractive rate?
  • Unable to compare Kuwait Investment Company K.S.C.P's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Kuwait Investment Company K.S.C.P's earnings growth to the Kuwait market average as no estimate data is available.
  • Unable to compare Kuwait Investment Company K.S.C.P's revenue growth to the Kuwait market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
KWSE:KINV Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Asia Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Kuwait Market Earnings Growth Rate Market Cap Weighted Average 9.1%
Kuwait Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KWSE:KINV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in KWD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KWSE:KINV Past Financials Data
Date (Data in KWD Millions) Revenue Cash Flow Net Income *
2019-12-31 35 21 17
2019-09-30 23 7 9
2019-06-30 30 1 14
2019-03-31 29 6 14
2018-12-31 23 1 10
2018-09-30 27 -2 12
2018-06-30 29 -16 15
2018-03-31 28 -23 16
2017-12-31 28 -21 16
2017-09-30 31 -10 18
2017-06-30 23 7 10
2017-03-31 24 3 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Kuwait Investment Company K.S.C.P is high growth as no earnings estimate data is available.
  • Unable to determine if Kuwait Investment Company K.S.C.P is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KWSE:KINV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Kuwait Investment Company K.S.C.P Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KWSE:KINV Past Financials Data
Date (Data in KWD Millions) EPS *
2019-12-31 0.03
2019-09-30 0.02
2019-06-30 0.03
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.03
2017-06-30 0.02
2017-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kuwait Investment Company K.S.C.P will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Kuwait Investment Company K.S.C.P is trading at Kuwait Investment Company K.S.C.P'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Kuwait Investment Company K.S.C.P's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Kuwait Investment Company K.S.C.P's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kuwait Investment Company K.S.C.P has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Kuwait Investment Company K.S.C.P performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kuwait Investment Company K.S.C.P's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kuwait Investment Company K.S.C.P has delivered over 20% year on year earnings growth in the past 5 years.
  • Kuwait Investment Company K.S.C.P's 1-year earnings growth exceeds its 5-year average (75.3% vs 43.7%)
  • Kuwait Investment Company K.S.C.P's earnings growth has exceeded the KW Capital Markets industry average in the past year (75.3% vs 43.4%).
Earnings and Revenue History
Kuwait Investment Company K.S.C.P's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kuwait Investment Company K.S.C.P Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KWSE:KINV Past Revenue, Cash Flow and Net Income Data
Date (Data in KWD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 35.15 17.27 11.83
2019-09-30 23.28 9.05 13.22
2019-06-30 30.17 14.36 13.44
2019-03-31 28.83 13.60 12.93
2018-12-31 23.29 9.85 11.72
2018-09-30 26.78 11.78 16.02
2018-06-30 29.45 15.26 15.39
2018-03-31 28.31 15.51 15.95
2017-12-31 28.49 16.44 14.04
2017-09-30 31.38 18.25 11.02
2017-06-30 23.36 9.68 11.26
2017-03-31 24.11 8.47 10.62
2016-12-31 19.56 3.98 10.76
2016-09-30 14.66 0.50 9.30
2016-06-30 14.98 -0.35 8.64
2016-03-31 14.15 -1.63 7.29
2015-12-31 15.80 -1.88 7.84
2015-09-30 14.08 -1.13 6.97
2015-06-30 14.60 1.11 6.81
2015-03-31 12.19 0.71 6.86
2014-12-31 13.03 3.77 6.02
2014-09-30 13.65 2.69 4.93
2014-06-30 13.14 3.22 5.19
2014-03-31 19.90 7.62 6.00
2013-12-31 20.64 6.85 6.27
2013-09-30 23.61 9.21 8.84
2013-06-30 24.00 7.38 8.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Kuwait Investment Company K.S.C.P has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kuwait Investment Company K.S.C.P used its assets more efficiently than the KW Capital Markets industry average last year based on Return on Assets.
  • Kuwait Investment Company K.S.C.P has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kuwait Investment Company K.S.C.P's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kuwait Investment Company K.S.C.P has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Kuwait Investment Company K.S.C.P's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kuwait Investment Company K.S.C.P's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kuwait Investment Company K.S.C.P is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kuwait Investment Company K.S.C.P's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kuwait Investment Company K.S.C.P's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 15.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kuwait Investment Company K.S.C.P Company Filings, last reported 3 months ago.

KWSE:KINV Past Debt and Equity Data
Date (Data in KWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 160.47 13.07 167.77
2019-09-30 153.75 25.46 158.23
2019-06-30 154.91 20.86 156.48
2019-03-31 151.38 13.93 156.46
2018-12-31 150.83 13.09 149.61
2018-09-30 156.36 14.43 158.34
2018-06-30 151.13 16.11 159.91
2018-03-31 161.01 16.31 162.10
2017-12-31 161.13 12.88 100.91
2017-09-30 165.70 13.84 88.75
2017-06-30 160.65 12.75 47.00
2017-03-31 167.56 13.61 54.02
2016-12-31 160.38 13.86 58.95
2016-09-30 156.19 16.69 71.91
2016-06-30 155.65 15.39 77.52
2016-03-31 159.81 14.78 93.37
2015-12-31 163.37 14.24 63.84
2015-09-30 164.22 14.32 76.10
2015-06-30 171.05 13.56 76.96
2015-03-31 172.56 13.25 51.19
2014-12-31 168.57 12.16 46.90
2014-09-30 161.91 0.00 59.84
2014-06-30 160.30 0.00 59.56
2014-03-31 164.38 0.00 60.45
2013-12-31 158.07 0.00 65.48
2013-09-30 155.71 0.00 79.39
2013-06-30 151.95 0.00 66.93
  • Kuwait Investment Company K.S.C.P's level of debt (8.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7.2% vs 8.1% today).
  • Debt is well covered by operating cash flow (157.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.5x coverage).
X
Financial health checks
We assess Kuwait Investment Company K.S.C.P's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kuwait Investment Company K.S.C.P has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Kuwait Investment Company K.S.C.P's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
15.56%
Current annual income from Kuwait Investment Company K.S.C.P dividends.
If you bought KWD2,000 of Kuwait Investment Company K.S.C.P shares you are expected to receive KWD311 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Kuwait Investment Company K.S.C.P's pays a higher dividend yield than the bottom 25% of dividend payers in Kuwait (5.53%).
  • Kuwait Investment Company K.S.C.P's dividend is above the markets top 25% of dividend payers in Kuwait (9.45%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KWSE:KINV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Kuwait Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 10.7%
Kuwait Market Average Dividend Yield Market Cap Weighted Average of 72 Stocks 5%
Kuwait Minimum Threshold Dividend Yield 10th Percentile 3.3%
Kuwait Bottom 25% Dividend Yield 25th Percentile 5.5%
Kuwait Top 25% Dividend Yield 75th Percentile 9.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

KWSE:KINV Past Annualized Dividends Data
Date (Data in KWD) Dividend per share (annual) Avg. Yield (%)
2020-02-10 0.015 12.064
2019-02-18 0.010 7.441
2018-02-12 0.020 15.808
2017-05-07 0.007 6.481
2016-11-23 0.000 0.000
2016-08-17 0.000 0.000
2016-05-23 0.000 0.000
2016-04-13 0.000 0.000
2015-03-31 0.010 9.380
2015-03-30 0.010 7.408
2009-10-15 0.000 0.000
2009-06-30 0.000 0.000
2009-04-15 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kuwait Investment Company K.S.C.P has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Kuwait Investment Company K.S.C.P only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Kuwait Investment Company K.S.C.P's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kuwait Investment Company K.S.C.P's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kuwait Investment Company K.S.C.P afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kuwait Investment Company K.S.C.P has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Kuwait Investment Company K.S.C.P's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bader AlSubaiee
CEO Bio

Mr. Bader Naser AlSubaiee, CPA, serves as the Chief Executive Officer and Managing Director at Kuwait Investment Company K.S.C.P. Mr. Alsubaiee has been Chief Executive Officer and Managing Director at Kuwait Invest Holding Company KSCC since 2000. He has over 28 years experience in regional investment banking. He served at the Kuwait Investment Authority (KIA) from 1993 to 2000 and served as its General Manager of Operations, during this time he was responsible for driving the goals and ambitions of it as well as developing its business strategies and managing its budget. Previously, he served as the Vice President of the Accounts Department for Kuwait Foreign Trading Contracting Investment Co., as well as the Kuwait Commercial Markets Complex Company, Mix Speed Ltd. (London) and at the Ministry of Communications in Kuwait. He serves as the Chairman of Instrata Capital BSC (c) since 2007. He served as the Chairman of Kuwait Investment Company S.A.K. until August 2013. Mr. Alsubaiee served as Chairman and Director of Kuwait Invest Holding Co. He served as Vice Chairman of Ithra Capital, Saudi Arabia. He serves as the Board Member of the Kuwait Clearing Company, Union of Investment Companies, Kuwait. He served as a Director of Gulf Finance House (B.S.C) E. C. from February 2009 to June 15, 2010. He was awarded his CPA license from Kuwait in 1989. He holds an MBA in Finance from American International College in Massachusetts in 1983 and graduated from Cairo University, Egypt, in 1980 with a Degree in Accounting.

CEO Compensation
  • Insufficient data for Bader to compare compensation growth.
  • Insufficient data for Bader to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Bader AlSubaiee

TITLE
Chief Executive Officer

Wael Al-Ebrahim

TITLE
Assistant General Manager of Operation Sector

Faisal Al-Mishari

TITLE
Assistant General Manager of Direct Investment & Corporate Finance Sector

Khaled Al-Meshri

TITLE
Company Secretary
Board of Directors

Yousof Mohammad Al-Ali

TITLE
Chairman

Mishairi Zaid Al-Khalid

TITLE
Deputy Chairman
TENURE
14 yrs

Jamal Abdullah Al-Saleem

TITLE
Director

Mohammad Hamad Al-Mutairi

TITLE
Director

Faleh Abdullah Al-Raqabah

TITLE
Independent Director
TENURE
3.7 yrs

Abdulaziz Fahad Al Hudaib

TITLE
Director

Jassim Abdullah Al Hajri

TITLE
Director

Aliah Faisal Al Tameemi

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (KWD) Value (KWD)
X
Management checks
We assess Kuwait Investment Company K.S.C.P's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kuwait Investment Company K.S.C.P has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Kuwait Investment Company K.S.C.P. engages in various investment and financial activities based on asset management. The company offers portfolio management services, which include customized portfolio management services, access to IPOs, local, regional, and international fund management. It also provides fund management services that comprise a range of investment products based on the foundations and global indicators; and direct investment services that manages and monitors a diversified portfolio of mid to long-term direct investments. In addition, the company offers treasury services that consist of foreign exchange trading and money market activities. The company was founded in 1961 and is headquartered in Kuwait City, Kuwait. Kuwait Investment Company K.S.C.P. is a subsidiary of Kuwait Investment Authority.

Details
Name: Kuwait Investment Company K.S.C.P.
KINV
Exchange: KWSE
Founded: 1961
KWD52,826,083
547,988,419
Website: http://www.kic.com.kw
Address: Kuwait Investment Company K.S.C.P.
Souk AL-Manakh Building,
5th Floor,
Kuwait City,
Kuwait
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KWSE KINV Ordinary Shares Kuwait Stock Exchange KW KWD 13. Mar 1996
Number of employees
Current staff
Staff numbers
0
Kuwait Investment Company K.S.C.P employees.
Industry
Diversified Capital Markets
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 20:39
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/02/10
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.