National Investments Co. KSC Closed

National Investments Co. KSC Closed

KKSE:NINV
235.00
KWF
-18.00
(-7.11%)
24.13EPS
11.55P/E
209.48BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
0.02
0.01
0.01
0.02
0.01
0.02
0.01
0.02
0.03
0.02
0.02
0.03
0.03
Basic EPS, GAAP
0.01
0.01
-0.01
- -
0.01
0.01
0.01
- -
0.03
0.01
0.01
0.02
0.03
0.02
Free Cash Flow per Basic Share
0.01
0.02
0.01
- -
- -
- -
0.02
-0.01
0.01
0.02
-0.01
- -
-0.01
-0.01
Dividend per Share
- -
- -
0.01
- -
- -
0.01
0.01
0.01
0.01
0.04
0.03
0.01
0.02
0.05
Book Value per Share
0.22
0.22
0.2
0.2
0.22
0.22
0.23
0.22
0.27
0.25
0.22
0.25
0.3
0.26
Tangible Book Value per Share
0.21
0.21
0.2
0.2
0.22
0.22
0.22
0.22
0.27
0.25
0.21
0.24
0.3
0.26
Basic Weighted Avg Shares
868
859
848
838
837
799
798
798
795
797
797
797
797
797
Sales/Revenue/Turnover
17
16
12
10
19
12
14
10
20
23
19
19
25
27
Operating Margin (%)
44.84
-18.92
21.62
-1.85
65.86
62.42
75.84
15.38
147.01
39.02
20.63
79.17
121.9
91.4
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
6
7
-6
-4
10
7
11
-3
24
9
4
12
24
18
Effective Tax Rate (%)
2.44
5.2
- -
- -
3.68
4.46
3.95
- -
4.26
3.16
0.42
5.7
3.58
2.94
Profit Margin (%)
35.7
41.94
-47.38
-39.57
55.66
63.41
77.33
-26.58
123.22
37.36
22.14
63.03
97.9
67.67
Working Capital
55
49
27
132
121
71
84
54
84
66
53
70
92
-14
LT Debt
1
4
7
8
7
7
- -
14
34
30
31
54
81
95
Total Equity
201
195
178
180
179
183
198
191
236
217
191
215
259
225
Return on Invested Capital (%)
4.08
3.21
- -
- -
5.68
3.61
4.94
- -
11.42
3.37
2.08
5.2
8.63
7.2
Return on Capital (%)
2.21
3.58
- -
- -
5.62
3.89
5.27
- -
9.1
3.55
2.27
4.96
7.98
6.7
Return on Common Equity (%)
3.3
3.58
-3.16
-2.34
5.97
4.19
5.99
-1.49
12.45
4.2
2.22
6.54
11
8.63

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
18
19
19
LT Borrowings
81
95
95
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
797
797
797
Market Capitalization
241
221
209

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
105
138
19
Cash, Cash Equivalents & STI
98
138
18
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
13
54
33
Payables & Accruals
- -
- -
- -
ST Debt
18
19
19
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.4%
7.23%
20.29%
Free Cash Flow
87.18%
-14.12%
260.78%
Net Income, GAAP
-133.86%
-168.64%
98.24%
Sales/Revenue/Turnover
15.04%
25.31%
27.63%
Total Cash Common Dividend
385.58%
59.54%
45.85%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
8
4
4
19
2025
4
8
- -
6
25
2026
3
9
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.01
- -
0.02
2025
0.01
0.01
- -
- -
0.03
2026
-0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
0.02
- -
- -
0.02
2026
- -
0.02
- -
- -
- -

Company Description

CEO
Fahad Abdulrahman Saud Al-Mukhaizim
Sector
Finance
Industry
Investment banks/Brokers
Address
Kuwait City Kuwait
IPO Date
Jul 9, 1988
Website
nic.com.kw
Business
National Investments Company K.S.C.P. (Ticker: KSE:NINV) is a Kuwait-based investment and financial services company that engages in asset management, investment banking, wealth management, real estate investments, and brokerage operations for institutional, corporate, family office, and high-net-worth individual clients across Kuwait, the Gulf Cooperation Council (GCC) region, the wider Middle East, and international markets. Founded in 1987 and headquartered in Kuwait City, Kuwait, the firm operates under the regulatory supervision of the Central Bank of Kuwait and the Kuwait Capital Markets Authority across core business segments: Asset Management, Investment Banking, Wealth Management and Advisory, Real Estate Investments, and Treasury and Direct Investments. The company provides a comprehensive suite of financial products and specialized services, including asset management solutions comprising discretionary and non-discretionary equity portfolio management, liquidity management, and mutual funds, featuring specialized vehicles such as the Al Darij Investment Fund, the Zajil Services and Telecommunications Fund, and the Mawarid Industrial and Petroleum Services Fund; investment banking advisory covering initial public offerings (IPOs), private placements, mergers and acquisitions (M&A) advisory, corporate restructuring, debt and equity capital raising, underwriting, and valuation advisory; wealth management services offering customized investment strategies, asset allocation, private banking solutions, and family business succession planning; alternative investments spanning international private equity, private credit, and venture capital allocations; real estate investment and asset management encompassing direct property acquisitions, commercial and residential property management, lease administration, and real estate fund operations across domestic and global markets; and securities trading and market-making services delivered through its proprietary NICTrade digital trading platform, which grants direct multi-market execution access across Boursa Kuwait, regional exchanges, and over 80 international equity markets alongside real-time market data, charting, and technical analysis tools. The firm conducts its multi-jurisdictional activities through various dedicated subsidiaries and operating vehicles, including National Investments Company (DIFC) Limited in the United Arab Emirates, Al Bawaba Al Wataniya General Trading and Contracting Co., and international property holding vehicles. In recent corporate developments, National Investments Company has expanded its market-making franchise on Boursa Kuwait by securing new market-maker mandates for major publicly traded corporations, including Combined Group Contracting Company and Dalqan Real Estate. The firm has reinforced its equity capital markets leadership by serving as lead advisor, coordinator, and bookrunner for landmark Kuwaiti corporate listings, including the initial public offerings of Ali Alghanim and Sons Automotive Company and Trolley General Trading Company. In strategic asset portfolio realignment, the company executed a KD 13.3 million partial exit from its equity investment in Boursa Kuwait, monetizing a 3% stake while maintaining a major long-term strategic anchor position of approximately 12.5%. Additionally, the firm has continued to broaden its international technology and fintech direct investment exposure through strategic allocations in global high-growth platforms, including Alpaca Securities, Pipe, and MoneyFellows, while upgrading its wealth management and digital client services through next-generation interactive wealth advisory and educational technologies.