Boursa Kuwait Securities Co KPSC (KUW:BOURSA) ROE %: 29.11% (As of Mar. 2026) — Near Median


KUW:BOURSA Boursa Kuwait Securities Co KPSC KUW:BOURSA
100 GF Score
Price KWD2.86
GF Value KWD3.33
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Boursa Kuwait Securities Co KPSC ROE %?

Boursa Kuwait Securities Co KPSC KUW:BOURSA -0.28% 100 ROE % is 29.11% as of Mar. 2026, which is 3% above its 10-year median of 28.29. GuruFocus rates KUW:BOURSA with a GF Score™ of 100/100 and a GF Value™ of KWD3.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 793 Capital Markets companies, Boursa Kuwait Securities Co KPSC ranks better than 93.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Boursa Kuwait Securities Co KPSC's annualized net income for the quarter that ended in Mar. 2026 was KWD23.95 Mil. Boursa Kuwait Securities Co KPSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was KWD82.26 Mil. Therefore, Boursa Kuwait Securities Co KPSC's annualized ROE % for the quarter that ended in Mar. 2026 was 29.11%.

The historical rank and industry rank for Boursa Kuwait Securities Co KPSC's ROE % or its related term are showing as below:

KUW:BOURSA' s ROE % Range Over the Past 10 Years
Min: 10.45   Med: 28.29   Max: 60.79
Current: 36.04

During the past 8 years, Boursa Kuwait Securities Co KPSC's highest ROE % was 60.79%. The lowest was 10.45%. And the median was 28.29%.

KUW:BOURSA's ROE % is ranked better than
93.82% of 793 companies
in the Capital Markets industry
Industry Median: 6.01 vs KUW:BOURSA: 36.04

Boursa Kuwait Securities Co KPSC  (KUW:BOURSA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=23.948/82.2635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.948 / 40.444)*(40.444 / 144.0655)*(144.0655 / 82.2635)
=Net Margin %*Asset Turnover*Equity Multiplier
=59.21 %*0.2807*1.7513
=ROA %*Equity Multiplier
=16.62 %*1.7513
=29.11 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=23.948/82.2635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (23.948 / 34.268) * (34.268 / 29.232) * (29.232 / 40.444) * (40.444 / 144.0655) * (144.0655 / 82.2635)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6988 * 1.1723 * 72.28 % * 0.2807 * 1.7513
=29.11 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Boursa Kuwait Securities Co KPSC ROE % Related Terms


Boursa Kuwait Securities Co KPSC ROE % Historical Data

* Premium members only.

The historical data trend for Boursa Kuwait Securities Co KPSC's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Boursa Kuwait Securities Co KPSC ROE % Chart

Boursa Kuwait Securities Co KPSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 28.02 28.55 24.36 27.59 38.39

Boursa Kuwait Securities Co KPSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.18 45.82 45.27 26.74 29.11

KUW:BOURSA vs SPGI, CME, MCO: ROE % Comparison

For the Financial Data & Stock Exchanges subindustry, Boursa Kuwait Securities Co KPSC's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boursa Kuwait Securities Co KPSC ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Boursa Kuwait Securities Co KPSC's ROE % distribution charts can be found below:

* The bar in red indicates where Boursa Kuwait Securities Co KPSC's ROE % falls into.


KUW:BOURSA
100GF Score
Boursa Kuwait Securities Co KPSC KUW:BOURSA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boursa Kuwait Securities Co KPSC ROE % Calculation

Boursa Kuwait Securities Co KPSC's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=28.181/( (67.552+79.27)/ 2 )
=28.181/73.411
=38.39 %

Boursa Kuwait Securities Co KPSC's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=23.948/( (79.27+85.257)/ 2 )
=23.948/82.2635
=29.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 29.11% mean?
Boursa Kuwait Securities Co KPSC (KUW:BOURSA) has a ROE % of 29.11% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Boursa Kuwait Securities Co KPSC and its competitors. This is near median its historical median of 28.29. Over the past decade, Boursa Kuwait Securities Co KPSC's ROE % has ranged from 10.45 to 60.79. According to the industry distribution chart, Boursa Kuwait Securities Co KPSC ranks #49 out of 793 companies in the Capital Markets industry, placing it in the top 6.2%.
Is Boursa Kuwait Securities Co KPSC's ROE % too high?
Boursa Kuwait Securities Co KPSC's current ROE % of 29.11% is near median its 10-year median of 28.29. Over the past 10 years, this metric has ranged from a low of 10.45 to a high of 60.79. The Capital Markets industry median ROE % is 6.01. Boursa Kuwait Securities Co KPSC's value of 29.11% is 384.4% above this industry median. Based on the distribution chart, Boursa Kuwait Securities Co KPSC ranks #49 out of 793 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Boursa Kuwait Securities Co KPSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boursa Kuwait Securities Co KPSC's ROE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Boursa Kuwait Securities Co KPSC ranks #49 out of 793 companies for ROE %. This places Boursa Kuwait Securities Co KPSC in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.01. Boursa Kuwait Securities Co KPSC's value of 29.11% is 384.4% above this benchmark. Historically, Boursa Kuwait Securities Co KPSC's own ROE % has ranged from 10.45 to 60.79 over the past decade. While the company's 10-year median is 28.29 vs. the industry median of 6.01, Boursa Kuwait Securities Co KPSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boursa Kuwait Securities Co KPSC's current ROE % of 29.11% is 384.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Boursa Kuwait Securities Co KPSC and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boursa Kuwait Securities Co KPSC's current ROE % is 29.11%, which is near median its own 10-year median of 28.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boursa Kuwait Securities Co KPSC stock overvalued right now?
Based on GuruFocus' analysis, Boursa Kuwait Securities Co KPSC (KUW:BOURSA) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD3.33, compared to a current price of KWD2.86 — trading 14.1% below its estimated fair value. The current ROE % is 29.11%, which is near median its 10-year median of 28.29 and 384.4% above the Capital Markets industry median of 6.01. Boursa Kuwait Securities Co KPSC's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Boursa Kuwait Securities Co KPSC (KUW:BOURSA), the current ROE % is 29.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Overvalued in 2026?

Based on GuruFocus' analysis, Boursa Kuwait Securities Co KPSC stock appears to be undervalued. The current stock price of KWD2.86 is trading 14.1% below its estimated GF Value™ of KWD3.33. GuruFocus considers Boursa Kuwait Securities Co KPSC to be Modestly Undervalued.

Key valuation signals for KUW:BOURSA:

  • ROE %: 29.11% (near median its 10-year median of 28.29)
  • GF Value™: KWD3.33 vs. price of KWD2.86 (14.1% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 384.4% above the Capital Markets median (#49 of 793)

No single metric tells the full story. See the KUW:BOURSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boursa Kuwait Securities Co KPSC Business Description

Address Dasman, P.O.Box 1027, Kuwait City, KWT, 15461
Boursa Kuwait Securities Co KPSC operates as a financial exchange and clearing house in Kuwait. The company also provides securities-related services to participants in the financial sector. Its segments includes securities exchange and clearing, out of which the majority is from the securities exchange.
100GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD2.86
Price
KWD3.33
GF Value