Nairobi Securities Exchange Plc (NASE:NSE)

Total Valuation

NASE:NSE has a market cap or net worth of KES 2.21 billion. The enterprise value is 1.71 billion.

Market Cap	2.21B
Enterprise Value	1.71B

Important Dates

The last earnings date was Friday, May 30, 2025.

Earnings Date	May 30, 2025
Ex-Dividend Date	May 22, 2025

Share Statistics

NASE:NSE has 260.63 million shares outstanding. The number of shares has increased by 0.09% in one year.

Current Share Class	260.63M
Shares Outstanding	260.63M
Shares Change (YoY)	+0.09%
Shares Change (QoQ)	+0.05%
Owned by Insiders (%)	1.70%
Owned by Institutions (%)	13.74%
Float	231.71M

Valuation Ratios

The trailing PE ratio is 19.01.

PE Ratio	19.01
Forward PE	n/a
PS Ratio	2.70
PB Ratio	1.12
P/TBV Ratio	1.18
P/FCF Ratio	40.26
P/OCF Ratio	24.08
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.94, with an EV/FCF ratio of 31.08.

EV / Earnings	14.67
EV / Sales	2.09
EV / EBITDA	7.94
EV / EBIT	8.61
EV / FCF	31.08

Financial Position

The company has a current ratio of 5.84

Current Ratio	5.84
Quick Ratio	3.88
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.05% and return on invested capital (ROIC) is 6.16%.

Return on Equity (ROE)	6.05%
Return on Assets (ROA)	5.66%
Return on Invested Capital (ROIC)	6.16%
Return on Capital Employed (ROCE)	9.55%
Revenue Per Employee	18.58M
Profits Per Employee	2.64M
Employee Count	44
Asset Turnover	0.39
Inventory Turnover	n/a

Taxes

In the past 12 months, NASE:NSE has paid 46.52 million in taxes.

Income Tax	46.52M
Effective Tax Rate	28.57%

Stock Price Statistics

The stock price has increased by +33.55% in the last 52 weeks. The beta is 0.07, so NASE:NSE's price volatility has been lower than the market average.

Beta (5Y)	0.07
52-Week Price Change	+33.55%
50-Day Moving Average	7.45
200-Day Moving Average	6.52
Relative Strength Index (RSI)	65.63
Average Volume (20 Days)	503,870

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NASE:NSE had revenue of KES 817.65 million and earned 116.27 million in profits. Earnings per share was 0.45.

Revenue	817.65M
Gross Profit	735.43M
Operating Income	189.36M
Pretax Income	162.82M
Net Income	116.27M
EBITDA	206.05M
EBIT	189.36M
Earnings Per Share (EPS)	0.45

Balance Sheet

The company has 510.91 million in cash and n/a in debt, giving a net cash position of 510.91 million or 1.96 per share.

Cash & Cash Equivalents	510.91M
Total Debt	n/a
Net Cash	510.91M
Net Cash Per Share	1.96
Equity (Book Value)	1.97B
Book Value Per Share	7.52
Working Capital	810.58M

Cash Flow

In the last 12 months, operating cash flow was 91.79 million and capital expenditures -36.90 million, giving a free cash flow of 54.89 million.

Operating Cash Flow	91.79M
Capital Expenditures	-36.90M
Free Cash Flow	54.89M
FCF Per Share	0.21

Margins

Gross margin is 89.94%, with operating and profit margins of 23.16% and 14.22%.

Gross Margin	89.94%
Operating Margin	23.16%
Pretax Margin	19.91%
Profit Margin	14.22%
EBITDA Margin	25.20%
EBIT Margin	23.16%
FCF Margin	6.71%

Dividends & Yields

This stock pays an annual dividend of 0.32, which amounts to a dividend yield of 3.90%.

Dividend Per Share	0.32
Dividend Yield	3.90%
Dividend Growth (YoY)	100.00%
Years of Dividend Growth	n/a
Payout Ratio	34.34%
Buyback Yield	-0.09%
Shareholder Yield	3.81%
Earnings Yield	5.26%
FCF Yield	2.48%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 3, 2016. It was a forward split with a ratio of 1.3333333333.

Last Split Date	Jun 3, 2016
Split Type	Forward
Split Ratio	1.3333333333

Scores

NASE:NSE has an Altman Z-Score of 6.57 and a Piotroski F-Score of 4.

Altman Z-Score	6.57
Piotroski F-Score	4