Banking · EQUITY
NCBA
NCBA Group Plc
Ksh 89.50
▼0.28% today
close 06 Nov 2026 · source mystocks
68 owned trading days · 07 Jul 2026 → 06 Nov 2026 · KES 84.25–92.00
Why grade C: newest statement 22 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 Banking · formulas on /methodology
Ring color: accent = confidence A/B, amber = C/D — a fixed-radius stroke, never a percentage fill.
Value84
- P/E 7.691 ·w25
- P/B 1.4770 ·w20
- earnings yield 13.1% vs 364d T-bill 9.03% (spread +4.0pp)90 ·w20
- needs positive EPS and own P/E history— ·w15
- needs a dividend and own yield history— ·w10
- revenue/earnings growth +15.1% YoY84 ·w10
Financial health100
- F-Score 9/9 signals passed100 ·w70
- not meaningful for financial-sector counters (interest is their revenue)— ·w30
Quality73
- ROE 19.2%77 ·w25
- net margin 29.1% (financial bands)97 ·w20
- net margin +0.6pp over window(short window)56 ·w15
- ROA 2.7%31 ·w15
- debt/equity 6.20× (financial-sector leverage bands)73 ·w15
- revenue never declined over window(short window)100 ·w10
Dividend reliability91
- paid a dividend in 2 of 2 observed FYs (design window 5)(short window)100 ·w30
- yield 5.9% at current price73 ·w20
- earnings cover the dividend 2.23×84 ·w20
- never cut over 2 observed FYs(short window)100 ·w15
- payout ratio 45% of earnings100 ·w15
MomentumBuilding history — since 2026-07-07
- Building history — since 2026-07-07— ·w100
Liquidity53
- median daily turnover ≈ KES 6,494,878 over 68 observed days(short window)70 ·w40
- no trades on 10% of observed days(short window)79 ·w30
- daily turnover 0.4bp of market cap (shares est. from NI÷EPS)(short window)4 ·w30
Statements we hold
| FY | Revenue | Net income | EPS | DPS |
|---|---|---|---|---|
| 2024 | KES 66.0B | KES 19.2B | 11.70 | 5.25 |
| 2023 | KES 58.0B | KES 16.5B | 10.05 | 4.75 |
source v3-seed (vintage 2026-02) · refreshed per filing as filings are processed
Analyst brief
NCBA Group Plc trades at 91.75 KES. The value pillar scores strongest at 83, anchored on a P/E of 7.8 and an earnings yield of 12.8% that exceeds the 364-day T-bill rate of 9.03% by 3.7 percentage points; revenue and earnings grew 15.1% year-on-year. The health pillar scores at the top (100), with an F-Score of 9/9 signals passed. Quality lags at 73: while the net margin stands at 29.1% and ROE at 19.2%, the return on assets remains modest at 2.7%, and the margin improved only 0.6 percentage points over the observation window. The dividend pillar scores 91, reflecting consistent payouts across both observed financial years, a payout ratio of 45%, and earnings cover of 2.23×, though the yield sits at 5.7%. Momentum carries no score — data collection began 2026-07-07, too recent to build a track record.
An overall verdict is withheld: the newest financial statement is 22 months old, and only two financial years of history are available (three are required for confidence). Liquidity is constrained, with daily turnover representing just 0.5 basis points of estimated market capitalisation and no trades on 11% of observed days. The confidence grade is C. A fresh quarterly or annual filing, and one additional year of comparable earnings and dividend data, would sharpen the picture substantially.
Automated analysis for information & education. Not investment advice.
generated 03 Nov 2026, 17:46 EAT · every figure machine-checked against the engine's computed inputs · identical for all readers