The Kenya Power & Lighting CoNAI:KPLC -0.57%64 ROE % is 18.29% as of Dec. 2025, which is 230% above its 10-year median of 5.55. GuruFocus rates NAI:KPLC with a GF Score™ of 64/100 and a GF Value™ of KES2.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 505 Utilities - Regulated companies, The Kenya Power & Lighting Co ranks better than 91.29% on this metric.
The historical rank and industry rank for The Kenya Power & Lighting Co's ROE % or its related term are showing as below:
NAI:KPLC'
s ROE % Range Over the Past 10 Years
Min: -5.48 Med: 5.55 Max: 41.73
Current: 23
During the past 13 years, The Kenya Power & Lighting Co's highest ROE % was 41.73%. The lowest was -5.48%. And the median was 5.55%.
NAI:KPLC's ROE % is ranked better than 91.29% of 505
companies
in the Utilities - Regulated industry
Industry Median: 8.62
vs NAI:KPLC: 23.00
The Kenya Power & Lighting Co (NAI:KPLC) 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:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
The Kenya Power & Lighting Co ROE % Related Terms
The Kenya Power & Lighting Co ROE % Historical Data
* 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.
For the Utilities - Regulated Electric subindustry, The Kenya Power & Lighting Co'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.
The Kenya Power & Lighting Co ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, The Kenya Power & Lighting Co's ROE % distribution charts can be found below:
* The bar in red indicates where The Kenya Power & Lighting Co's ROE % falls into.
* 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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
The Kenya Power & Lighting Co (NAI:KPLC) has a ROE % of 18.29% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Kenya Power & Lighting Co and its competitors. This is 230% above median its historical median of 5.55. According to the industry distribution chart, The Kenya Power & Lighting Co ranks #44 out of 505 companies in the Utilities - Regulated industry, placing it in the top 8.7%.
Is The Kenya Power & Lighting Co's ROE % too high?
The Kenya Power & Lighting Co's current ROE % of 18.29% is 230% above median its 10-year median of 5.55. The Utilities - Regulated industry median ROE % is 8.62. The Kenya Power & Lighting Co's value of 18.29% is 112.2% above this industry median. Based on the distribution chart, The Kenya Power & Lighting Co ranks #44 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, The Kenya Power & Lighting Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Kenya Power & Lighting Co's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, The Kenya Power & Lighting Co ranks #44 out of 505 companies for ROE %. This places The Kenya Power & Lighting Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 8.62. The Kenya Power & Lighting Co's value of 18.29% is 112.2% above this benchmark. While the company's 10-year median is 5.55 vs. the industry median of 8.62, The Kenya Power & Lighting Co 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 an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 505 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. The Kenya Power & Lighting Co's current ROE % of 18.29% is 112.2% 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 The Kenya Power & Lighting Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kenya Power & Lighting Co's current ROE % is 18.29%, which is 230% above median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kenya Power & Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, The Kenya Power & Lighting Co (NAI:KPLC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.39, compared to a current price of KES17.30 — trading 623.8% above its estimated fair value. The current ROE % is 18.29%, which is 230% above median its 10-year median of 5.55 and 112.2% above the Utilities - Regulated industry median of 8.62. The Kenya Power & Lighting Co's overall GF Score™ is 64/100 with 7 warning signs 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 The Kenya Power & Lighting Co (NAI:KPLC), the current ROE % is 18.29% as of Dec. 2025. 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 The Kenya Power & Lighting Co (NAI:KPLC) Overvalued in 2026?
Based on GuruFocus' analysis, The Kenya Power & Lighting Co stock appears to be overvalued.
The current stock price of KES17.30 is trading 623.8% above its estimated GF Value™ of KES2.39.
GuruFocus considers The Kenya Power & Lighting Co to be Significantly Overvalued.
Key valuation signals for NAI:KPLC:
ROE %: 18.29% (230% above median its 10-year median of 5.55)
GF Value™: KES2.39 vs. price of KES17.30 (623.8% above fair value)
Industry Position: 112.2% above the Utilities - Regulated median (#44 of 505)
No single metric tells the full story. See the NAI:KPLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Kenya Power & Lighting Co Business Description
The Kenya Power & Lighting Co PLC is an electric power distribution company. The core business of the company includes transmission, distribution, and retail of electricity throughout Kenya. The company's business is organized by regions comprising Nairobi, Mount Kenya, Coast, and West Kenya. The firm also owns and operates an electricity transmission and distribution system in Kenya. The majority of the company's revenue is derived from the Nairobi region.
64GF Score
Get the complete analysis for NAI:KPLC
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAI:KPLC has been successfully added to your 
