Energy and Petroleum · EQUITY
KEGN
Kenya Electricity Generating Company Plc
Ksh 9.96
▼0.40% today
close 06 Nov 2026 · source mystocks
68 owned trading days · 07 Jul 2026 → 06 Nov 2026 · KES 9.56–11.50
Why grade C: newest statement 28 months old · only 2 FYs of history (need 3)
Automated analysis for information & education. Not investment advice.
The five pillars
composite —/100Data C
scored 06 Nov 2026 · weights profile Energy and Petroleum · formulas on /methodology
Ring color: accent = confidence A/B, amber = C/D — a fixed-radius stroke, never a percentage fill.
Value84
- P/E 9.383 ·w25
- P/B 0.41100 ·w20
- earnings yield 10.7% vs 364d T-bill 9.03% (spread +1.7pp)67 ·w20
- needs positive EPS and own P/E history— ·w15
- needs a dividend and own yield history— ·w10
- revenue/earnings growth +17.5% YoY92 ·w10
Financial health77
- F-Score 9/9 signals passed100 ·w70
- interest coverage 2.2× (stored ratio — not derivable from raw lines)22 ·w30
Quality48
- ROE 4.4%18 ·w25
- net margin 12.5% (non-financial bands)63 ·w20
- net margin +1.9pp over window(short window)69 ·w15
- ROA 1.6%26 ·w15
- debt/equity 1.72× (standard bands)43 ·w15
- revenue never declined over window(short window)100 ·w10
Dividend reliability89
- paid a dividend in 2 of 2 observed FYs (design window 5)(short window)100 ·w30
- yield 3.5% at current price44 ·w20
- earnings cover the dividend 3.06×100 ·w20
- never cut over 2 observed FYs(short window)100 ·w15
- payout ratio 33% of earnings100 ·w15
MomentumBuilding history — since 2026-07-07
- Building history — since 2026-07-07— ·w100
Liquidity68
- median daily turnover ≈ KES 14,402,500 over 68 observed days(short window)79 ·w40
- no trades on 0% of observed days(short window)100 ·w30
- daily turnover 2.2bp of market cap (shares est. from NI÷EPS)(short window)22 ·w30
Statements we hold
| FY | Revenue | Net income | EPS | DPS |
|---|---|---|---|---|
| 2024 | KES 56.0B | KES 7.0B | 1.07 | 0.35 |
| 2023 | KES 52.0B | KES 5.5B | 0.84 | 0.30 |
source v3-seed (vintage 2026-02) · refreshed per filing as filings are processed
Analyst brief
KEGN trades at 10 KES per share (as of 3 November 2026). The value pillar scores toward the upper end, anchored by a P/E of 9.3 and a price-to-book ratio of 0.41; earnings yield stands at 10.7%, outpacing the 364-day T-bill rate of 9.03% by 1.7 percentage points. Revenue and earnings grew 17.5% year-on-year. Health is solid—the F-Score passed all 9 signals—though interest coverage at 2.2× remains modest. Quality ranks lower: return on equity sits at 4.4% and return on assets at 1.6%, but net margin of 12.5% has widened by 1.9 percentage points, and revenue never declined over the observation window. Dividend remains the standout pillar, paid in both observed financial years with a 3.06× earnings cover and a payout ratio of 33%.
An overall verdict is withheld because the newest financial statement is 28 months old and only two years of history are available (three are required for confidence). Momentum scoring has not yet accumulated sufficient data. The dividend yield at current price stands at 3.5%. No material risk flags appear in the data. Confidence grades C; fresh financial filings and one additional year of history would clarify the durability of recent growth and margin trends.
Automated analysis for information & education. Not investment advice.
generated 03 Nov 2026, 17:45 EAT · every figure machine-checked against the engine's computed inputs · identical for all readers