CORNERST Stock Overview
Offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Cornerstone Insurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦2.55 |
| 52 Week High | ₦2.90 |
| 52 Week Low | ₦1.35 |
| Beta | -0.67 |
| 11 Month Change | -5.90% |
| 3 Month Change | 9.44% |
| 1 Year Change | 74.66% |
| 33 Year Change | 390.38% |
| 5 Year Change | 298.10% |
| Change since IPO | 306.33% |
Recent News & Updates
Recent updates
Shareholder Returns
| CORNERST | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -1.9% | 4.6% | -0.04% |
| 1Y | 74.7% | 56.5% | 52.7% |
Return vs Industry: CORNERST exceeded the NG Insurance industry which returned 56.5% over the past year.
Return vs Market: CORNERST exceeded the NG Market which returned 52.7% over the past year.
Price Volatility
| CORNERST volatility | |
|---|---|
| CORNERST Average Weekly Movement | 8.8% |
| Insurance Industry Average Movement | 8.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in NG Market | 9.4% |
| 10% least volatile stocks in NG Market | 3.0% |
Stable Share Price: CORNERST's share price has been volatile over the past 3 months compared to the NG market.
Volatility Over Time: CORNERST's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 200 | Steve Alangbor | cornerstone.com.ng |
Cornerstone Insurance Plc, together with its subsidiaries, offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally. The company operates through Non-Life Insurance, Life Insurance, Takaful Insurance, Fin Insurance, Leasing, and Life Deposit Administration/Investment Contracts. It offers property-casualty insurance and life/health insurance products.
Cornerstone Insurance Plc Fundamentals Summary
| CORNERST fundamental statistics | |
|---|---|
| Market cap | ₦46.00b |
| Earnings (TTM) | ₦26.18b |
| Revenue (TTM) | ₦39.07b |
1.8x
P/E Ratio1.2x
P/S RatioIs CORNERST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CORNERST income statement (TTM) | |
|---|---|
| Revenue | ₦39.07b |
| Cost of Revenue | ₦26.03b |
| Gross Profit | ₦13.04b |
| Other Expenses | -₦13.14b |
| Earnings | ₦26.18b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.45 |
| Gross Margin | 33.37% |
| Net Profit Margin | 67.01% |
| Debt/Equity Ratio | 0% |
How did CORNERST perform over the long term?
See historical performance and comparison