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Nigerian (NSE) Property and Casualty Insurance Industry Analysis

UpdatedFeb 01, 2023
DataAggregated Company Financials
Companies12
  • 7D1.6%
  • 3M4.6%
  • 1Y-9.4%
  • YTD1.3%

Over the last 7 days, the Property and Casualty Insurance industry has remained flat, although notably AXA Mansard Insurance declined by 4.5%. Unfortunately though, the industry is down 6.0% over the past 12 months.

Industry Valuation and Performance

Has the Nigerian Property and Casualty Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Feb 2023₦110.2b₦201.2b₦23.7b4x4.6x0.5x
Fri, 30 Dec 2022₦109.8b₦197.4b₦22.3b4.1x4.9x0.6x
Sun, 27 Nov 2022₦103.6b₦197.6b₦22.3b3.9x4.7x0.5x
Tue, 25 Oct 2022₦110.0b₦193.9b₦19.9b5.3x5.5x0.6x
Thu, 22 Sep 2022₦116.2b₦193.9b₦19.9b6x5.8x0.6x
Sat, 20 Aug 2022₦113.1b₦193.9b₦19.9b5.2x5.7x0.6x
Mon, 18 Jul 2022₦113.5b₦181.8b₦18.2b3.8x6.2x0.6x
Wed, 15 Jun 2022₦115.1b₦178.8b₦20.4b4x5.7x0.6x
Fri, 13 May 2022₦120.2b₦157.5b₦19.8b4.3x6.1x0.8x
Sun, 10 Apr 2022₦116.0b₦155.1b₦17.4b6.9x6.7x0.7x
Tue, 08 Mar 2022₦120.2b₦155.4b₦19.3b6.5x6.2x0.8x
Thu, 03 Feb 2022₦122.4b₦156.3b₦19.3b6.3x6.3x0.8x
Sat, 01 Jan 2022₦129.3b₦170.3b₦18.2b5.8x7.1x0.8x
Mon, 29 Nov 2021₦120.5b₦170.3b₦18.2b5.5x6.6x0.7x
Wed, 27 Oct 2021₦125.9b₦168.8b₦18.9b4.1x6.6x0.7x
Fri, 24 Sep 2021₦126.5b₦168.8b₦18.9b4.7x6.7x0.7x
Sun, 22 Aug 2021₦120.7b₦171.4b₦18.7b4.2x6.4x0.7x
Fri, 09 Jul 2021₦124.7b₦171.4b₦18.7b4.6x6.6x0.7x
Thu, 01 Apr 2021₦125.7b₦170.7b₦25.4b4.4x4.9x0.7x
Sun, 03 Jan 2021₦112.2b₦170.0b₦21.5b3.9x5.2x0.7x
Wed, 07 Oct 2020₦84.4b₦159.5b₦19.5b4.7x4.3x0.5x
Tue, 30 Jun 2020₦84.2b₦146.8b₦16.5b4.6x5.1x0.6x
Fri, 03 Apr 2020₦84.1b₦141.5b₦13.7b4.8x6.1x0.6x
Price to Earnings Ratio

6.4x


Total Market Cap: ₦90.8bTotal Earnings: ₦14.3bTotal Revenue: ₦137.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Nigerian Property and Casualty Insurance Industry Price to Earnings3Y Average 5.7x202120222023
Current Industry PE
  • Investors are pessimistic on the Nigerien Property and Casualty Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 4.4x which is lower than its 3-year average PE of 5.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Property and Casualty Insurance industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Nigerian Property and Casualty Insurance compare with similar industries?

NG Market0.62%
Financials2.34%
Insurance1.54%
Property and Casualty Insurance1.64%
General Insurance4.15%
Insurance Brokers0%
Reinsurance0%
Life and Health Insurance-3.08%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CUSTODIAN Custodian Investment₦6.101.7%
+₦588.2m
-23.8%PE3.3x
SOVRENINS Sovereign Trust Insurance₦0.3015.4%
+₦454.6m
25.0%PE4.2x
CHIPLC Consolidated Hallmark Insurance₦0.684.6%
+₦325.2m
4.6%PE8x
NEM NEM Insurance₦4.101.2%
+₦250.8m
11.1%PE3.9x
REGALINS Regency Alliance Insurance₦0.3011.1%
+₦200.1m
-25.0%PE4.2x
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Latest News

MANSARD

₦1.96

AXA Mansard Insurance

7D

-2.0%

1Y

-16.6%

SOVRENINS

₦0.30

Sovereign Trust Insurance

7D

15.4%

1Y

25.0%

NEM

₦4.10

NEM Insurance

7D

1.2%

1Y

11.1%

VERITASKAP

₦0.21

Veritas Kapital Assurance

7D

5.0%

1Y

0%

LINKASSURE

₦0.48

Linkage Assurance

7D

-4.0%

1Y

-2.0%

CUSTODIAN

₦6.10

Custodian Investment

7D

1.7%

1Y

-23.8%

REGALINS

₦0.30

Regency Alliance Insurance

7D

11.1%

1Y

-25.0%

CHIPLC

₦0.68

Consolidated Hallmark Insurance

7D

4.6%

1Y

4.6%