company background image
SIC logo

SIC Insurance GHSE:SIC Stock Report

Last Price

GH₵0.31

Market Cap

GH₵56.7m

7D

6.9%

1Y

29.2%

Updated

20 Feb, 2025

Data

Company Financials

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

My Notes

Capture your thoughts, links and company narrative

SIC Insurance PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for SIC Insurance
Historical stock prices
Current Share PriceGH₵0.31
52 Week HighGH₵0
52 Week LowGH₵0
Beta-0.67
1 Month Change14.81%
3 Month Change24.00%
1 Year Change29.17%
3 Year Change138.46%
5 Year Change210.00%
Change since IPO-90.61%

Recent News & Updates

Recent updates

Shareholder Returns

SICGH InsuranceGH Market
7D6.9%0.7%1.5%
1Y29.2%28.9%72.5%

Return vs Industry: SIC matched the GH Insurance industry which returned 28.9% over the past year.

Return vs Market: SIC underperformed the GH Market which returned 72.5% over the past year.

Price Volatility

Is SIC's price volatile compared to industry and market?
SIC volatility
SIC Average Weekly Movement4.7%
Insurance Industry Average Movement5.9%
Market Average Movement1.7%
10% most volatile stocks in GH Market3.6%
10% least volatile stocks in GH Market1.0%

Stable Share Price: SIC's share price has been volatile over the past 3 months compared to the GH market.

Volatility Over Time: SIC's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of GH stocks.

About the Company

FoundedEmployeesCEOWebsite
1955n/aHollistar Duah-Yentumiwww.sic-gh.com

SIC Insurance PLC engages in the provision of non-life insurance business 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 PLC Fundamentals Summary

How do SIC Insurance's earnings and revenue compare to its market cap?
SIC fundamental statistics
Market capGH₵56.74m
Earnings (TTM)GH₵13.49m
Revenue (TTM)GH₵420.97m

4.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIC income statement (TTM)
RevenueGH₵420.97m
Cost of RevenueGH₵222.23m
Gross ProfitGH₵198.74m
Other ExpensesGH₵185.25m
EarningsGH₵13.49m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.069
Gross Margin47.21%
Net Profit Margin3.20%
Debt/Equity Ratio3.1%

How did SIC perform over the long term?

See historical performance and comparison

Dividends

16.5%

Current Dividend Yield

74%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 00:06
End of Day Share Price 2025/02/20 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SIC Insurance PLC is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lawrencia AsanteDatabank Brokerage Ltd.