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LASACO Assurance Plc H1/Q2 result - Solid Asset Growth Undermined by Cost Pressure and Declining Profitability

Published
12 Feb 25
Updated
31 Jul 25
WaneInvestmentHouse's Fair Value
₦2.96
0.7% overvalued intrinsic discount
31 Jul
₦2.98
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1Y
29.6%
7D
3.5%

Author's Valuation

₦2.96

0.7% overvalued intrinsic discount

WaneInvestmentHouse's Fair Value

Shared on31 Jul 25

WaneInvestmentHouse made no meaningful changes to valuation assumptions.

Shared on18 Jun 25

Subject: Lasaco Assurance Reaffirms Commitment to Customer-Centric Innovation and Growth in Northern Region Lasaco Assurance Plc has reiterated its commitment to leveraging technology and deep customer engagement to drive innovation and sustainable value creation within Nigeria’s evolving insurance industry. Key Highlights: Strategic Investment in Technology and Systems Managing Director, Mr. Abiodun Razzaq , during the 2025 Customer Forum in Abuja, emphasized Lasaco's focus on deploying technology-driven solutions that deliver measurable value to clients and enhance industry standards.

Shared on07 Mar 25
Fair value Decreased 15%

WaneInvestmentHouse has decreased revenue growth from -1.4% to -3.3%, increased profit margin from 8.0% to 44.0% and decreased future PE multiple from 10.5x to 1.1x.

Shared on05 Mar 25
Fair value Decreased 11%

WaneInvestmentHouse has decreased revenue growth from 27.5% to -1.4% and increased future PE multiple from 3.3x to 10.5x.