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Uchumi Supermarket Plc (NSE: UCHM)

Nigel Firth
Nigel Frith trader
Updated 5 May 2022

What is Uchumi Supermarket Plc

Uchumi Supermarket Plc is a leading retail company in Kenya that operates supermarkets as well as property management services. The company sells food, non-food and textile products as well as general merchandise through a network of Uchumi retail outlets.

Products in its retail range include health bread and pastries, wines, meat, fish, vegetables, fruit, as well as kitchen appliances and decoration.

Uchumi Supermarket Plc operates through 20 stores that are located in the major towns and cities in Kenya, including Nairobi, Karatina, Meru, Eldoret, Kericho, Juja, Mombasa and Kisumu. Stores range from hyper branches to express convenience stores. In addition, the Company has operations in Kenya, Uganda and Tanzania. It headquarters in Nairobi.

Uchumi Supermarket Plc‘s subsidiaries include Uchumi Supermarkets (Uganda) Limited and Uchumi Supermarkets (Tanzania) Limited, which are engaged in the operation of retail supermarkets, and Kasarani Mall Limited, which is mostly engaged in property management. The Company offers U Club Card and Gift Card for its customers.

The history of Uchumi Supermarket Plc starts in 1975 when it was incorporated as a public limited company under the Companies Act (Cap 486 of the Laws of Kenya).

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Uchumi Supermarket Plc

Uchumi Supermarket

The first three branches were opened the following year in 1976. The company became a trendsetter in low pricing to the advantage of all consumers. At the same time, it maintained high standards in quality of goods and services.

Today, Uchumi Supermarket Plc is one of the largest commercial retailing companies in the country.

Presently John Karani is the chairperson of the company with Mohamed Mohamed as Chief Executive Officer.

Uchumi Supermarket Plc's equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol UCHM.

Uchumi Supermarket Plc forms part of the Retail (Grocery) Industry and the Consumer Services Sector.

Uchumi Supermarket Plc Stock Performance

The current price for Uchumi Supermarket Plc stocks is 0.24 Kenyan Shilling (KES). The company has a total market capitalisation of 87.6M KES with a P/E ratio of -0.05 and earnings per share of -4.61 NES. A total of 365M shares are outstanding.

With an increase of earnings per share and consistent profits over a period, investors who want to buy or sell Uchumi Supermarket Plc stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Uchumi Supermarket Plc, analysts forecast further improved performance with market share growing as trading volumes increase.

Highlights of Uchumi Supermarket Plc in 2021

Uchumi Supermarket Plc started the year with a share price of 0.28 KES, and has since lost 14.3% in value on its price valuation, ranking 51st on the NSE where year-to-date performance is concerned.

Uchumi Supermarket Plc is currently the 18th most-traded stock on the NSE and it has experienced a total trading volume of more than 5.19 million shares, which were finalized in 719 deals and were valued at a total of 1.21 million KES over three months, with an average of 82,340 shares in each trading session.

The highest volume shares traded on one single day was 56,000.

Uchumi Supermarket - How To Trade

How to buy Uchumi Supermarket Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participation daily. To buy, sell or trade Uchumi Supermarket Plc stocks, traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “UCHM”.
  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. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

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

The exchange is based in Nairobi, the capital of Kenya, which has one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya. It is governed by a board of 11 directors.

In 2008, the NSE launched the NSE All-Share Index (NASI). The NASI is a market capitalization-weighted index comprising all listed securities, effectively, the benchmark index for the Kenyan stock market.

In 2011, in conjunction with FTSE International, the NSE introduced the FTSE NSE Kenya 15 and FTSE NSE Kenya 25 indices which are designed for the creation of index tracking funds and derivative products. The NSE 25 Share Index measures the top 25 companies.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.