Jubilee Holdings Limited Company Overview and Financials

Jubilee Holdings Limited is a leading insurance company in East Africa, with a rich history dating back to 1937. It was founded by a group of entrepreneurs who saw the need for insurance services in the region.

The company is headquartered in Nairobi, Kenya, and has a strong presence in Tanzania, Uganda, and Mauritius. Jubilee Holdings Limited has a diverse portfolio of insurance products, including life, non-life, and investment products.

Jubilee Holdings Limited is listed on the Nairobi Securities Exchange (NSE) and has a market capitalization of over KES 10 billion.

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Jubilee Holdings Limited has shown impressive financial performance over the years. The company's current market capitalisation is 25.4 billion Kenyan Shillings (KES), with a Price/Earning ratio of 6.99.

The company has a total of 72.5 million shares outstanding and has recorded profits of 3,132,234 KES for the 2021 mid-year. Jubilee Holdings Limited's net profits improved to 4,506,107 KES, compared to the same period in 2020.

Here's a breakdown of Jubilee Holdings Limited's stock market performance over the past year:

Jubilee Holdings Limited has shown impressive profits with net profits of 4,506,107 KES in 2021, a significant improvement from the same period in 2020.

The company's earnings per share (EPS) have also increased, reaching 50.06 KES, which is a promising sign for investors.

According to the analysis, Jubilee Holdings Limited's profits have been steadily increasing, with a total of 3,132,234 KES in profits for the 2021 mid-year.

The company's market capitalization is a substantial 25.4 Billion KES, which is a clear indication of its financial health and stability.

Here's a summary of Jubilee Holdings Limited's income statement estimates:

The company's ability to consistently deliver profits and increase its EPS is a testament to its financial management and growth potential.

As we can see from the financial data, Jubilee Holdings Limited has shown a remarkable ability to improve its financial performance over the years, making it an attractive investment opportunity for those looking for stable returns.

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In 2021, Jubilee Holdings Limited started strong with a share price of 284.00 Kenyan Shilling (KES) on the Nairobi Securities Exchange (NSE).

Its year-to-date performance ranked eighth on the NSE, with a significant gain of 23.2% in value.

The company has been a popular trading stock, ranking 37th most-traded on the NSE.

A total of 500,600 shares were traded in 172 deals, valued at 179 million Kenyan Shilling (KES), with an average of 7,946 shares per trading session.

The trading volume peaked at 167,500 shares on October 21, setting a high for the period.

Jubilee Holdings Limited's financial results showed significant improvements compared to the same period in 2020, with a phased return of economic activity.

Jubilee Holdings Limited has seen a significant increase in sales over the years, with a notable jump from 2019 to 2023.

Their sales by activity show a substantial growth in the health segment, reaching 19.14 billion in 2023, up from 6.16 billion in 2019.

The company's geographical breakdown of sales reveals that Kenya is their largest market, accounting for 11 billion in sales in 2023, followed by Uganda with 3.9 billion.

Sales by Activity plays a crucial role in understanding how a company generates its revenue.

Jubilee Holdings Limited's sales by activity reveal a significant increase in health sales, rising from 6.16B in 2019 to 19.14B in 2023.

In contrast, investments sales decreased from 433M in 2019 to 2.78B in 2023, showing a notable shift in the company's focus.

The life segment only started reporting sales in 2023, with a substantial 1.49B in revenue.

Long-term sales remained relatively stable between 2019 and 2022, with 16.09B in 2019 and 20.31B in 2022.

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The geographical breakdown of sales is a crucial aspect of Jubilee Holdings Limited's revenue.

In 2021, Kenya accounted for the largest share of sales at 29.34 billion.

The country has consistently been the top contributor to the company's revenue over the years.

In 2020, Kenya's sales were 23.72 billion, making it the second-highest contributor after 2021.

Uganda has also been a significant market for Jubilee Holdings Limited, with sales increasing from 3.55 billion in 2019 to 5.15 billion in 2021.

However, sales in Uganda declined to 3.51 billion in 2022.

Tanzania has also seen fluctuations in sales, with a high of 3.62 billion in 2021 and a low of 62.92 million in 2023.

Mauritius, on the other hand, has seen a steady decline in sales, from 917 million in 2019 to 623 million in 2022.

Burundi's sales have also been volatile, with a high of 555 million in 2020 and a low of -15.03 million in 2023.

Jubilee Holdings Limited is a well-managed company with a strong governance structure. The company's Board of Directors is responsible for overseeing the overall strategy and direction of the business.

The Board consists of experienced professionals with a deep understanding of the insurance industry, including the Chairman, who has been with the company for over 20 years. This level of continuity and expertise is essential for making informed decisions that drive business growth.

Jubilee Holdings Limited has a robust risk management framework in place to ensure that the company operates within acceptable risk levels. This framework is regularly reviewed and updated to reflect changing market conditions and emerging risks.

Meet the team at Jubilee Holdings Limited, led by CEO Julius Kipngetich, who took the reins in 2017.

The company's Chief Executive Officer, Julius Kipngetich, has been at the helm since December 31, 2017.

CTO Julius Orayo joined the team in August 2019, bringing his expertise to the table.

Caroline Ndung'u, the Sales & Marketing head, has been with the company since July 2022.

Margaret Muhuni-Kipchumba, the General Counsel, has been a part of the team since June 8, 2014, and is 52 years old.

Here's a quick rundown of the management team:

The board members play a crucial role in shaping the company's direction. They are responsible for making key decisions that impact the business.

Let's take a look at the current board members of Jubilee Holdings Limited. There are six members in total.

Ali Akbar Allana has been a director since 2006, bringing his experience to the table.

John Metcalf, another seasoned director, joined the board in 2006, shortly after Allana.

Zul Abdul has been a director since 2014, with a wealth of knowledge to contribute.

Akbar Poonawala joined the board in 2022, bringing fresh perspectives to the table.

Owen Koimburi also joined the board in 2022, with his expertise.

Here's a summary of the board members:

The ages of the board members range from 63 to 74 years old.

As a shareholder, it's essential to know the basics about Jubilee Holdings Limited's stock performance. The current price for Jubilee Holdings Limited stocks on the Nairobi Securities Exchange (NSE) is 350.00 Kenyan Shilling (KES).

The total market capitalisation of Jubilee Holdings Limited is 25.4 Billion KES, with a Price/Earning ratio of 6.99 and earnings per share of 50.06 KES. This means that the company's stock is relatively affordable compared to its earnings.

A total of 72.5 Million shares were outstanding, giving you a clear idea of how many shares are available to buy or sell.

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As a shareholder of Jubilee Holdings Limited, it's essential to understand the company's performance over time. Over the past 7 days, the company's share price has remained relatively stable, with a return of 2.0%.

The company's performance over the past year is more impressive, with a return of 2.2%. However, this is lower than the KE Insurance industry, which returned 26.7% over the same period.

Here's a comparison of Jubilee Holdings Limited's returns with the KE Market over the past year:

As you can see, Jubilee Holdings Limited underperformed the KE Market, which is a significant concern for investors. However, the company's performance is still relatively strong, especially considering its stable returns over the past 7 days.

To buy stocks, you need to find the share you want to buy, in this case, "JUB".

The Nairobi Securities Exchange (NSE) is where you can buy, sell, or trade Jubilee Holdings Limited stocks.

Consider reading: Buy and Hold

Select a forex broker that offers access to the NSE.

You'll want to review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure they align with your trading plan.

To get started, open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.

Once your account is activated, you're ready to make your first share purchase through the broker.

Here are the basic steps to get you started:

Jubilee Holdings Limited operates in a competitive market with several players in the Financials sector.

The company's competitors include Home Afrika Limited, which has seen a year-to-date performance of +151% with a market capitalization of 377 million.

HF Group Limited is another competitor, boasting a market capitalization of 3.08 billion and a year-to-date performance of +77.4%.

Sanlam Kenya Plc, with a market capitalization of 1.09 billion, has achieved a year-to-date performance of +53.5%.

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CIC Insurance Group Limited has a market capitalization of 7.87 billion and a year-to-date performance of +40%.

Kenya Re-Insurance Corporation Ltd has a market capitalization of 4.79 billion and a year-to-date performance of +33.6%.

Britam Holdings Limited, with a market capitalization of 18.8 billion, has a year-to-date performance of +28.6%.

Centum Investment Company, boasting a market capitalization of 8.25 billion, has achieved a year-to-date performance of +25.5%.

Diamond Trust Bank Kenya Limited has a market capitalization of 22.4 billion and a year-to-date performance of +15.9%.

Liberty Kenya Holdings Limited has a market capitalization of 4.03 billion and a year-to-date performance of +12.6%.

Nairobi Securities Exchange Limited has a market capitalization of 1.72 billion and a year-to-date performance of +10.3%.

Here's a summary of the top 10 competitors in the Financials sector, ranked by year-to-date performance:

Jubilee Holdings Limited is a Kenya-based investment holding company listed on the Nairobi Securities Exchange (NSE).

The company has a long history, dating back to 1937 when it was incorporated.

Jubilee Holdings Limited is a diversified company with a portfolio of products and services that include life and non-life insurance, general insurance products, fund management, property development and management, and power generation.

The company's insurance business is structured into short-term and long-term business.

Jubilee Holdings Limited has a staff complement of more than 880 and renders its services in Uganda, Tanzania, Burundi, and Mauritius.

The current CEO of Jubilee Holdings Limited is Julius Kangogo Kipng'etich.

Jubilee Holdings Limited's equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol JUB.

Here is a summary of Jubilee Holdings Limited's stock performance over the past few months:

The current share price of Jubilee Holdings Limited (JUB) is KES 204.25.