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CHIP

Consolidated Hallmark InsuranceNGSE:CHIPLC Stock Report

Market Cap

₦5.2b

7D

1.7%

1Y

76.5%

Updated

17 Oct, 2021

Data

Company Financials
CHIPLC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends2/6

CHIPLC Overview

Consolidated Hallmark Insurance Plc provides insurance products and services in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Consolidated Hallmark Insurance
Historical stock prices
Current Share Price₦0.60
52 Week High₦0.26
52 Week Low₦0.80
Beta0.52
1 Month Change15.38%
3 Month Change-4.76%
1 Year Change76.47%
3 Year Change128.57%
5 Year Change28.00%
Change since IPO-73.88%

Recent News & Updates

Shareholder Returns

CHIPLCNG InsuranceNG Market
7D1.7%3.4%1.6%
1Y76.5%26.9%40.0%

Return vs Industry: CHIPLC exceeded the NG Insurance industry which returned 26.9% over the past year.

Return vs Market: CHIPLC exceeded the NG Market which returned 40% over the past year.

Price Volatility

Is CHIPLC's price volatile compared to industry and market?
CHIPLC volatility
CHIPLC Beta0.52
Industry Beta0.70
Market Beta1

Stable Share Price: CHIPLC is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: CHIPLC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1991188Eddie Efekohahttps://www.chiplc.com

Consolidated Hallmark Insurance Plc provides insurance products and services in Nigeria. The company offers motor 3rd party, oil and gas, contractors-all-risk, plant-all-risk, bonds, personal accident, aviation, travel, motor comprehensive, motor 3rd party fire and theft, home, burglary, fire, marine, money, machinery breakdown, all risks, consequential loss, professional indemnity, and goods-in-transit insurance products. It also provides financing, consumer lease, working capital financing, auto lease, project financing and intermediation, and financial management consultancy services, as well as portfolio management, short term lending, equipment leasing, and health management services.

Consolidated Hallmark Insurance Fundamentals Summary

How do Consolidated Hallmark Insurance's earnings and revenue compare to its market cap?
CHIPLC fundamental statistics
Market Cap₦5.20b
Earnings (TTM)₦811.83m
Revenue (TTM)₦7.35b

6.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHIPLC income statement (TTM)
Revenue₦7.35b
Cost of Revenue₦4.13b
Gross Profit₦3.22b
Expenses₦2.41b
Earnings₦811.83m

Dividends

3.3%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Consolidated Hallmark Insurance undervalued compared to its fair value and its price relative to the market?

6.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CHIPLC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CHIPLC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CHIPLC is poor value based on its PE Ratio (6.4x) compared to the NG Insurance industry average (5.1x).

PE vs Market: CHIPLC is good value based on its PE Ratio (6.4x) compared to the NG market (7.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CHIPLC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CHIPLC is overvalued based on its PB Ratio (0.6x) compared to the NG Insurance industry average (0.5x).


Future Growth

How is Consolidated Hallmark Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.1%

Forecasted Insurance industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Consolidated Hallmark Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Consolidated Hallmark Insurance performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHIPLC has high quality earnings.

Growing Profit Margin: CHIPLC's current net profit margins (11%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: CHIPLC's earnings have grown by 19.4% per year over the past 5 years.

Accelerating Growth: CHIPLC's earnings growth over the past year (50.4%) exceeds its 5-year average (19.4% per year).

Earnings vs Industry: CHIPLC earnings growth over the past year (50.4%) exceeded the Insurance industry 3.1%.


Return on Equity

High ROE: CHIPLC's Return on Equity (9%) is considered low.


Financial Health

How is Consolidated Hallmark Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: CHIPLC's short term assets (NGN11.0B) exceed its short term liabilities (NGN7.4B).

Long Term Liabilities: CHIPLC's short term assets (NGN11.0B) exceed its long term liabilities (NGN181.5M).


Debt to Equity History and Analysis

Debt Level: CHIPLC's debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CHIPLC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CHIPLC's debt is well covered by operating cash flow (161.4%).

Interest Coverage: Insufficient data to determine if CHIPLC's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Consolidated Hallmark Insurance current dividend yield, its reliability and sustainability?

3.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHIPLC's dividend (3.33%) is higher than the bottom 25% of dividend payers in the NG market (3.3%).

High Dividend: CHIPLC's dividend (3.33%) is low compared to the top 25% of dividend payers in the NG market (7.31%).


Stability and Growth of Payments

Stable Dividend: CHIPLC's dividend payments have been volatile in the past 10 years.

Growing Dividend: CHIPLC's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.1%), CHIPLC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Eddie Efekoha

no data

Tenure

Mr. Eddie A. Efekoha serves as Managing Director and Chief Executive Officer of Consolidated Hallmark Insurance Plc. Mr. Efekoha served as Vice Chairman and Chief Executive Officer of Consolidated Risk Ins...


Leadership Team

Experienced Management: CHIPLC's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: CHIPLC's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Consolidated Hallmark Insurance Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Consolidated Hallmark Insurance Plc
  • Ticker: CHIPLC
  • Exchange: NGSE
  • Founded: 1991
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: ₦5.203b
  • Shares outstanding: 8.67b
  • Website: https://www.chiplc.com

Number of Employees


Location

  • Consolidated Hallmark Insurance Plc
  • 266, Ikorodu Road
  • Obanikoro
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 15:21
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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 here.