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CIC Insurance Group NASE:CIC Stock Report

Last Price

KSh2.09

Market Cap

KSh5.5b

7D

-4.6%

1Y

-5.0%

Updated

26 Jul, 2024

Data

Company Financials

The CIC Insurance Group Plc

NASE:CIC Stock Report

Market Cap: KSh5.5b

CIC Stock Overview

Provides general and life insurance products and services in Kenya, South Sudan, Uganda, and Malawi.

CIC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends3/6

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 PriceKSh2.09
52 Week HighKSh2.53
52 Week LowKSh1.80
Beta0.061
11 Month Change-3.24%
3 Month Change-8.33%
1 Year Change-5.00%
33 Year Change-29.39%
5 Year Change-36.28%
Change since IPO-42.34%

Recent News & Updates

Recent updates

Shareholder Returns

CICKE InsuranceKE Market
7D-4.6%0.5%-3.0%
1Y-5.0%8.8%-1.3%

Return vs Industry: CIC underperformed the KE Insurance industry which returned 8.8% over the past year.

Return vs Market: CIC underperformed the KE Market which returned -1.3% over the past year.

Price Volatility

Is CIC's price volatile compared to industry and market?
CIC volatility
CIC Average Weekly Movement4.8%
Insurance Industry Average Movement6.4%
Market Average Movement5.5%
10% most volatile stocks in KE Market10.4%
10% least volatile stocks in KE Market3.2%

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

Volatility Over Time: CIC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968793Patrick Nyagawww.cicinsurancegroup.com/

The CIC Insurance Group Plc provides general and life insurance products and services in Kenya, South Sudan, Uganda, and Malawi. It operates through Long-Term Business, General Insurance Business, Asset Management and Other segments. The company offers long term insurance including term policies, endowment, whole life, unit link, pensions, and annuity; and short-term Insurance, such as engineering, fire, liability, marine, motor private, motor commercial, accident, theft, workmen’s compensation, and micro insurance, as well as miscellaneous comprising includes livestock and crop insurance, political violence and terrorism, sportsmen, forestry and aquaculture insurance, as well as fund management and advisory services .

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 capKSh5.47b
Earnings (TTM)KSh1.50b
Revenue (TTM)KSh28.92b

3.6x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIC income statement (TTM)
RevenueKSh28.92b
Cost of RevenueKSh24.61b
Gross ProfitKSh4.30b
Other ExpensesKSh2.81b
EarningsKSh1.50b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin14.88%
Net Profit Margin5.18%
Debt/Equity Ratio66.8%

How did CIC perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

23%

Payout Ratio
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