company background image
CIC logo

CIC Insurance Group NASE:CIC Stock Report

Last Price

KSh2.34

Market Cap

KSh6.2b

7D

1.3%

1Y

29.3%

Updated

19 Apr, 2024

Data

Company Financials

The CIC Insurance Group Plc

NASE:CIC Stock Report

Market Cap: KSh6.2b

CIC Stock Overview

The CIC Insurance Group Plc provides general and life insurance products and services in Kenya, South Sudan, Uganda, and Malawi.

CIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

The CIC Insurance Group Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CIC Insurance Group
Historical stock prices
Current Share PriceKSh2.34
52 Week HighKSh2.53
52 Week LowKSh1.60
Beta0.074
1 Month Change6.85%
3 Month Change10.38%
1 Year Change29.28%
3 Year Change1.74%
5 Year Change-33.90%
Change since IPO-35.45%

Recent News & Updates

Recent updates

Shareholder Returns

CICKE InsuranceKE Market
7D1.3%-4.6%-1.7%
1Y29.3%12.6%0.7%

Return vs Industry: CIC exceeded the KE Insurance industry which returned 12.6% over the past year.

Return vs Market: CIC exceeded the KE Market which returned 0.7% over the past year.

Price Volatility

Is CIC's price volatile compared to industry and market?
CIC volatility
CIC Average Weekly Movement6.1%
Insurance Industry Average Movement6.2%
Market Average Movement5.6%
10% most volatile stocks in KE Market9.8%
10% least volatile stocks in KE Market3.4%

Stable Share Price: CIC has not had significant price volatility in the past 3 months.

Volatility Over Time: CIC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968734Patrick Nyagawww.cic.co.ke

The CIC Insurance Group Plc provides general and life insurance products and services in Kenya, South Sudan, Uganda, and Malawi. The company offers general insurance products, including motor, marine, agriculture, personal accident, school products, customized products, travel, domestic package, property owners, burglary, consequential loss, and fire insurance, as well as sports person’s policy insurance. It also provides life assurance products; corporate, family, and other health insurance; and asset management products, including equity, balanced, fixed income, and money market funds, as well as income draw down and segregated umbrella funds, and pension products.

The CIC Insurance Group Plc Fundamentals Summary

How do CIC Insurance Group's earnings and revenue compare to its market cap?
CIC fundamental statistics
Market capKSh6.22b
Earnings (TTM)KSh1.50b
Revenue (TTM)KSh24.37b

4.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIC income statement (TTM)
RevenueKSh24.37b
Cost of RevenueKSh16.25b
Gross ProfitKSh8.11b
Other ExpensesKSh6.61b
EarningsKSh1.50b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin33.30%
Net Profit Margin6.16%
Debt/Equity Ratio54.8%

How did CIC perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

26%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.