LASACO Share Price Performance
₦2.56
0.16 (6.67%)
13.5% undervalued intrinsic discount
₦2.96
Fair Value
Price ₦2.56
Wane_Investment_House ₦2.96
Fair Value₦2.96
Share Price₦2.56
13.5% undervalued intrinsic discount
LASACO Assurance Plc Stock Price
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LASACO Community Narratives
WA
Fair Value ₦2.96 13.5% undervalued intrinsic discount
LASACO Assurance Plc H1/Q2 result - Solid Asset Growth Undermined by Cost Pressure and Declining Profitability
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LASACO Assurance Plc H1/Q2 result - Solid Asset Growth Undermined by Cost Pressure and Declining Profitability
Despite robust asset and revenue growth, LASACO Assurance Plc posted a significant decline in profitability in H1 2025, with a swing to pre-tax loss. This reflects rising cost pressure, particularly from insurance service expenses and reinsurance costs.Read more
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WA
₦2.96
13.5% undervalued intrinsic discount
Wane_Investment_House Fair Value
Revenue growth
116.24% p.a.
Profit Margin
44%
Future PE
1.05x
Share price in 2028
₦5.71
Snowflake Analysis
LASACO Assurance Plc Key Details
About LASACO
- Founded
- 1979
- Employees
- 138
- CEO
- WebsiteView website
LASACO Assurance Plc provides various insurance products and services in Nigeria. The company operates through Non-Life and Life segments. It also offers anticipated plan, mortgage protection, bond, education, fire special peril, and householders insurance. In addition, the company provides contractors all risk, burglary, public liability, plants all risk insurance; business interruption, money insurance, fidelity guarantee, goods in transit, employers liability, computer all risk, and motor insurance. Further, it offers marine hull, machinery breakdown, builders’ liability, oil and gas, erection all risk, group life, professional indemity insurance. LASACO Assurance Plc serves heavy engineering and construction, banking and finance, manufacturing, agriculture, tourism, oil and gas, and aerospace sectors; and term assurance, investment plan, occupiers’ liability, personal accident, investment linked, and lasaco marine cargo insurance. The company distributes its products through various forms of brokers, agencies, and direct marketing programs. LASACO Assurance Plc was incorporated in 1979 and is headquartered in Lagos, Nigeria.