SIC Insurance Company Limited engages in the provision of non-life insurance products in Ghana.
Price History & Performance
|Historical stock prices|
|Current Share Price||GH₵0.07|
|52 Week High||GH₵0|
|52 Week Low||GH₵0|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-30.00%|
|3 Year Change||-50.00%|
|5 Year Change||-50.00%|
|Change since IPO||-97.88%|
Recent News & Updates
|SIC||GH Insurance||GH Market|
Return vs Industry: SIC underperformed the GH Insurance industry which returned 19.2% over the past year.
Return vs Market: SIC underperformed the GH Market which returned 70.8% over the past year.
Stable Share Price: Insufficient data to determine SIC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SIC's volatility change over the past year.
About the Company
SIC Insurance Company Limited engages in the provision of non-life insurance products in Ghana. It operates through four segments: Motor, Marine & Aviation, Fire, and Accident. The Motor segment underwrites motor insurance that provides coverage, which indemnifies the insured against any accidental loss to motorbikes and vehicles.
SIC Insurance Fundamentals Summary
|SIC fundamental statistics|
Is SIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIC income statement (TTM)|
|Cost of Revenue||GH₵17.64m|
Last Reported Earnings
Mar 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did SIC perform over the long term?See historical performance and comparison
Is SIC Insurance undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether SIC Insurance is trading at an attractive price based on the cash flow it is expected to produce in the future. But as SIC Insurance has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is SIC Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SIC Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has SIC Insurance performed over the past 5 years?
Historical Insurance annual earnings growth
Earnings and Revenue History
Quality Earnings: Insufficient data to determine if SIC has high quality earnings.
Growing Profit Margin: Insufficient data to determine if SIC's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SIC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare SIC's past year earnings growth to its 5-year average.
Earnings vs Industry: Insufficient data to determine if SIC's earnings growth over the past year exceeded the Insurance industry average.
Return on Equity
High ROE: SIC has a negative Return on Equity (0%), as it is currently unprofitable.
How is SIC Insurance's financial position?
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if SIC's short term assets cover its short term liabilities.
Long Term Liabilities: Insufficient data to determine if SIC's short term assets cover its long term liabilities.
Debt to Equity History and Analysis
Debt Level: Insufficient data to calculate SIC's debt to equity ratio to determine if it is satisfactory.
Reducing Debt: Insufficient data to determine if SIC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if SIC's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if SIC's interest payments on its debt are well covered by EBIT.
What is SIC Insurance current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SIC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SIC is not paying a notable dividend for the GH market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SIC's dividend in 3 years as they are not forecast to pay a notable one for the GH market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Stephen Kwame Oduro has been Managing Director and Director at SIC Insurance Company Limited since September 11, 2017. He Has Over Thirty (30) Years of Progressive Experience In Leading Financial Appli...
Experienced Management: SIC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: SIC's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SIC Insurance Company Limited's employee growth, exchange listings and data sources
- Name: SIC Insurance Company Limited
- Ticker: SIC
- Exchange: GHSE
- Founded: 1955
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: GH₵13.695m
- Shares outstanding: 195.65m
- Website: https://www.sic-gh.com
- SIC Insurance Company Limited
- Nyemitei House
- 28/29 Ring Road East
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 17:04|
|End of Day Share Price||2021/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.