The CIC Insurance Group Plc

NASE:CIC Stock Report

Market Cap: KSh5.2b

CIC Insurance Group Past Earnings Performance

Past criteria checks 5/6

CIC Insurance Group has been growing earnings at an average annual rate of 44.2%, while the Insurance industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 11% per year. CIC Insurance Group's return on equity is 18.9%, and it has net margins of 5.2%.

Key information

44.2%

Earnings growth rate

44.1%

EPS growth rate

Insurance Industry Growth18.5%
Revenue growth rate11.0%
Return on equity18.9%
Net Margin5.2%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How CIC Insurance Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NASE:CIC Revenue, expenses and earnings (KES Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2328,9161,49830
30 Sep 2328,389935-4,0620
30 Jun 2324,3681,5005,3640
31 Mar 2323,1471,2795,3640
31 Dec 2223,381156-10
30 Sep 2220,9524884,6640
30 Jun 2219,5827065,2700
31 Mar 2219,1446484,9380
31 Dec 2118,6655894,6020
30 Sep 2118,4394764,5380
30 Jun 2118,2563624,5090
31 Mar 2117,523654,2440
31 Dec 2016,746-2333,9440
30 Sep 2016,842-1403,8970
30 Jun 2016,857-473,8490
31 Mar 2017,0701314,0220
31 Dec 1917,3643094,1950
30 Sep 1916,9181324,0880
30 Jun 1916,471993,9810
31 Mar 1916,4653573,9110
31 Dec 1816,4594713,8420
30 Sep 1816,0275754,1430
30 Jun 1815,5956794,3200
31 Mar 1815,1605844,2410
31 Dec 1714,7254894,1620
30 Sep 1714,0962624,2190
30 Jun 1713,3541624,4260
31 Mar 1712,5901404,1330
31 Dec 1611,8261183,8400
30 Sep 1611,8296933,4770
30 Jun 1611,8661,2043,1010
31 Mar 1612,3371,1253,0950
31 Dec 1512,8301,0463,0890
31 Dec 1413,8131,0883,1060
31 Dec 1310,2631,3052,2640

Quality Earnings: CIC has high quality earnings.

Growing Profit Margin: CIC's current net profit margins (5.2%) are higher than last year (0.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CIC's earnings have grown significantly by 44.2% per year over the past 5 years.

Accelerating Growth: CIC's earnings growth over the past year (857.4%) exceeds its 5-year average (44.2% per year).

Earnings vs Industry: CIC earnings growth over the past year (857.4%) exceeded the Insurance industry 43.2%.


Return on Equity

High ROE: CIC's Return on Equity (18.9%) is considered low.


Return on Assets


Return on Capital Employed


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