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African Alliance Insurance NGSE:AFRINSURE Stock Report

Last Price

₦0.20

Market Cap

₦4.1b

7D

0%

1Y

0%

Updated

27 Mar, 2024

Data

Company Financials

African Alliance Insurance Plc

NGSE:AFRINSURE Stock Report

Market Cap: ₦4.1b

AFRINSURE Stock Overview

African Alliance Insurance Plc provides risk underwriting for life, related financial and pension, aviation, and hospitality services for corporate and individual customers in Nigeria.

AFRINSURE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

African Alliance Insurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for African Alliance Insurance
Historical stock prices
Current Share Price₦0.20
52 Week High₦0
52 Week Low₦0
Beta0.056
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change0%
Change since IPO-93.67%

Recent News & Updates

Recent updates

Shareholder Returns

AFRINSURENG InsuranceNG Market
7D0%2.8%0.5%
1Y0%99.1%128.6%

Return vs Industry: AFRINSURE underperformed the NG Insurance industry which returned 98.3% over the past year.

Return vs Market: AFRINSURE underperformed the NG Market which returned 131.4% over the past year.

Price Volatility

Is AFRINSURE's price volatile compared to industry and market?
AFRINSURE volatility
AFRINSURE Average Weekly Movement0%
Insurance Industry Average Movement12.4%
Market Average Movement9.0%
10% most volatile stocks in NG Market12.9%
10% least volatile stocks in NG Market4.1%

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

Volatility Over Time: Insufficient data to determine AFRINSURE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960172Joyce Ojemudiahttps://africanallianceplc.com

African Alliance Insurance Plc provides risk underwriting for life, related financial and pension, aviation, and hospitality services for corporate and individual customers in Nigeria. It operates through Life Insurance Business and Air Freight Business segments. The company offers group life policies, traditional life policies, and investment linked and annuity policies; cargo air transportation through leasing arrangements; annuity, children education, and mortgage protection plan insurance; takaful; and savings and investment products.

African Alliance Insurance Plc Fundamentals Summary

How do African Alliance Insurance's earnings and revenue compare to its market cap?
AFRINSURE fundamental statistics
Market cap₦4.12b
Earnings (TTM)-₦2.84b
Revenue (TTM)₦8.25b

0.5x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AFRINSURE income statement (TTM)
Revenue₦8.25b
Cost of Revenue₦11.05b
Gross Profit-₦2.80b
Other Expenses₦44.41m
Earnings-₦2.84b

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin-33.91%
Net Profit Margin-34.45%
Debt/Equity Ratio2.7%

How did AFRINSURE perform over the long term?

See historical performance and comparison
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