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East African Breweries Limited (NSE: EABL)

Analyst Team trader
Updated 5 May 2022

Overview of East African Breweries Limited

East African Breweries Limited is a Kenya-based holding company listed on the Nairobi Securities Exchange (NSE) which manufactures branded alcoholic and non-alcoholic beverages.

The Company’s subsidiaries include Kenya Breweries Limited, Uganda Breweries Limited, East African Breweries (Mauritius) Limited, International Distillers Uganda Limited and East African Maltings (Kenya) Limited.

Today, East African Breweries Limited’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: the marketing, brewing, manufacturing, and selling of drinks, glass containers, malt and barley with popular brands such as Tusker, Pilsner, Bell Lager, Guinness, Malta Guinness, Alvaro, Uganda Waragi, Senator, Johnnie Walker, and Smirnoff Ice.

The history of East African Breweries Limited goes back to 8 November 1922 when it was founded and has its head offices at Corporate Centre, Ruaraka, Nairobi, Kenya.

East African Breweries Limited has a staff complement of more than 1660 and renders its services in areas like Rwanda, Burundi and the great lakes region, also exporting its products to countries including Australia, Japan, Canada, United States, and United Kingdom.

The current CEO of East African Breweries Limited is Andrew David Cowan.

East African Breweries Limited’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol EABL.

East African Breweries Limited forms part of the Beverages (Alcoholic) Industry and the Consumer Goods Sector of the Nairobi Securities Exchange (NSE).

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East African Breweries Limited Stock Performance

The current price for East African Breweries Limited stocks on the Nairobi Securities Exchange (NSE) is 169.25 Kenyan Shilling (KES).

EABL stocks closed a recent trading day (22 October 2021) at 169.25 KES per share on the Nairobi Securities Exchange (NSE), experiencing a 0.4 % drop from its previous closing price of 170.00 KES.

An analysis of financial data of East African Breweries Limited showed that the company has a total market capitalisation of 134 Billion KES, with a Price/Earning ratio of 30.72 and earnings per share of 5.51 KES.  A total of 791 Million shares were outstanding.

East African Breweries Limited reported profits of 18,080 million KES, with revenues of 41,501 million KES, and operating income of 5,022 million KES for its 2021 mid-year results.

The net income after taxes was 3,169 million KES, with the basic and diluted earnings per share for the period amounting to 0.71 KES.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell East African Breweries Limited stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of East African Breweries Limited, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.

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Highlights of East African Breweries Limited in 2021

East African Breweries Limited started the current financial year (2021) with a share price of 154.25 Kenyan Shilling (KES) on the Nairobi Securities Exchange (NSE), and it has gained 9.72 % in value on its price valuation, ranking 17th on the NSE where its year-to-date performance is concerned.

East African Breweries Limited is currently the eighth most-traded stock on the NSE and it has experienced a total trading volume of more than 25.1 million shares, which were finalised in 1,588 deals and were valued at a total of 4.38 billion Kenyan Shilling (KES) over the recent three month period from July to October 2021, with an average of 398,057 shares in each trading session.

During the same period a volume high of 5.07 million was achieved on 17 August and a low of 1,000 on 1 October.

How to buy East African Breweries Limited stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade East African Breweries Limited stocks on the Nairobi Securities Exchange (NSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “EABL”.
  2. Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nairobi Securities Exchange (NSE)was established in 1954 as the leading stock exchange in East Africa and offers world class trading facilities for local and foreign investors looking to gain exposure to the country’s rising economy.

The bourse is based in the capital of Kenya, one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya and is overseen by a board of directors. In 2014, the NSE demutualised and became listed on the main board of its own exchange.

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The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.