Sanlam Kenya Plc Company Performance Analysis

Sanlam Kenya Plc has made significant strides in the Kenyan insurance industry, with a strong presence in the market.

The company's focus on innovation has led to the development of various insurance products, including motor, property, and life insurance.

Sanlam Kenya Plc's financial performance has been impressive, with a steady increase in revenue and profitability over the years.

In 2020, the company's revenue reached KES 4.4 billion, a 10% increase from the previous year.

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Sanlam Kenya Plc's financial reports are available on the Nairobi Securities Exchange website, including its annual report and abridged reports.

The company has listed on the Nairobi Securities Exchange under the Insurance sector, and its financial reports can be found on its company page.

Sanlam Kenya Plc has issued a profit warning to its investors, anticipating a larger net loss in the year ending this month due to higher finance costs and paper losses on government securities.

Here is a summary of the CBK Key Rates as of March 2024:

Sanlam Kenya Plc has released its annual report, which can be found on the AfricanFinancials company page. This report is a valuable resource for investors looking to stay up-to-date on the company's financial performance.

The Nairobi Securities Exchange-listed firms, including Sanlam Kenya, have issued a total of 13 profit warnings this year. These warnings are typically issued due to higher finance costs and paper losses on government securities.

Sanlam Kenya has specifically issued a profit warning, anticipating a larger net loss in the year ending this month. This is a significant development that may impact investors' decisions.

The Central Bank of Kenya (CBK) has set the Central Bank Rate at 13.00%, effective from 03/04/2024. This rate is used as a benchmark for other interest rates in the economy.

Here are the current CBK Key Rates:

These rates are subject to change and may be influenced by various economic factors.

Valuation is a crucial aspect of understanding a company's financial health. The P/E ratio, or price-to-earnings ratio, can give us an idea of how expensive or cheap a stock is.

The P/E ratio for Sanlam Kenya Plc in 2022 was -120x, while in 2023 it was -5.36x. This indicates a significant change in the company's valuation over the two years.

Enterprise value, which represents the total value of a company, can also be an important metric. In 2022, Sanlam Kenya Plc's enterprise value was 3.4B, while in 2023 it was 2.3B.

The EV/Sales ratio, or enterprise value to sales ratio, can also provide insights into a company's valuation. In 2022, Sanlam Kenya Plc's EV/Sales ratio was 0.35x, while in 2023 it was 0.48x.

Here's a comparison of the enterprise value and EV/Sales ratio for Sanlam Kenya Plc over the two years:

The free-float percentage, which represents the percentage of a company's shares that are available for trading, can also be an important metric. In the case of Sanlam Kenya Plc, the free-float percentage was 15.33%.

Sanlam Kenya plc has a diverse portfolio of investments, with a strong focus on financial services and real estate. The company's subsidiaries include Pan Africa Life Assurance Limited, which offers life insurance.

Sanlam Kenya plc also has a significant stake in the investment industry through PA Securities Limited, which is 100% owned by the group. PA Securities Limited has previously undergone restructuring, merging with Apollo Insurance Company Limited in 2011.

The company's real estate investments are managed through Mae Properties Limited, which is also 100% owned by the group. Mae Properties Limited holds a 24.90% shareholding in Runda Water Limited, a water distribution company in the Runda Estate.

Here are some key investments made by Sanlam Kenya plc:

Sanlam Kenya Plc (SLAM) has seen significant growth in its stock price, with a 3.1% gain over its previous closing price of 6.54 KES.

The current share price of SLAM is 6.74 KES, which is a 36.2% gain from its year-start price of 4.95 KES. This puts SLAM in the 12th position on the Nairobi Securities Exchange (NSE) in terms of year-to-date performance.

In the past four weeks, SLAM has accrued 33% in value, ranking it 9th on the NSE. Over the past three months, SLAM has traded a total volume of 713,800 shares, with an average of 11,330 traded shares per session.

Here's a breakdown of SLAM's performance over the past 10 trading days:

SLAM's stock price has seen fluctuations over the past few weeks, but it's essential to note that it has maintained a relatively high trading volume.

Sanlam Kenya plc has a diverse portfolio of subsidiaries and investments. The company's investments are a key driver of its overall performance.

Pan Africa Life Assurance Limited is a 100% subsidiary of Sanlam Kenya, offering life insurance services. This subsidiary plays a crucial role in the company's financial services offerings.

PA Securities Limited is another 100% subsidiary, serving as the investment arm of the group. Previously known as Pan Africa General Insurance Limited, PA Securities was established through a restructuring and merger of the group's general insurance business with Apollo Insurance Company Limited.

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Sanlam Investment Management (Kenya) Limited is also a 100% subsidiary, providing investment and portfolio management services. This subsidiary is a key player in the company's investment management activities.

Mae Properties Limited is a 100% subsidiary, operating as a real estate company. Held through PA Securities Limited, Mae Properties is involved in various real estate projects.

Chem Chemi Mineral Water Limited is a 100% subsidiary, engaged in water bottling. This company is also held through PA Securities Limited.

Runda Water Limited is a subsidiary of Sanlam Kenya, with a 24.90% shareholding. This company is involved in water distribution in the Runda Estate, and is held through Mae Properties.

Here is a summary of Sanlam Kenya's subsidiaries and investments:

Sanlam Kenya plc has reported its earnings results for several years, with the latest available being for the half year ended June 30, 2024.

Sanlam Kenya plc's earnings reports are typically released in the first few months of the year following the end of the relevant period, with the report for the full year ended December 31, 2023 being released on April 24, 2022.

The company's earnings reports provide a snapshot of its financial performance over the past year, with key metrics such as revenue, profit, and dividends declared.

Sanlam Kenya plc has also made significant announcements in recent years, including a rights issue in 2022, which was approved by shareholders on December 12.

Here are the key earnings release dates for Sanlam Kenya plc:

Sanlam Kenya plc has also made significant announcements in recent years, including a partnership with Sompo to strengthen its presence in Kenya, announced on July 23, 2019.

Sanlam Kenya plc has a strong leadership team. Patrick Tumbo serves as the CEO, a position he has held since August 2018.

The company's Chairman is John P. N. Simba, who has been in this role since February 2002. He is 80 years old.

Patrick Tumbo is also a Director on the board, a position he took up in August 2018. He is 62 years old.

Here is an overview of the company's top management: