The CIC Insurance Group Plc

NASE:CIC Stock Report

Market Cap: KSh7.3b

CIC Insurance Group Past Earnings Performance

Past criteria checks 3/6

CIC Insurance Group has been growing earnings at an average annual rate of 857.4%, while the Insurance industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 23.7% per year. CIC Insurance Group's return on equity is 18.9%, and it has net margins of 5.2%.

Key information

857.4%

Earnings growth rate

857.4%

EPS growth rate

Insurance Industry Growth18.5%
Revenue growth rate23.7%
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

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: Insufficient data to determine if CIC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare CIC's past year earnings growth to its 5-year average.

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


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 10:11
End of Day Share Price 2025/02/07 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

The CIC Insurance Group 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
Victor KoechAIB-AXYS Africa Limited