| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CORNERST Stock Overview
Cornerstone Insurance Plc, together with its subsidiaries, provides risk underwriting and related financial services for corporate and individual customers in Nigeria.
Cornerstone Insurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.45 |
| 52 Week High | ₦0.75 |
| 52 Week Low | ₦0.40 |
| Beta | 0.34 |
| 1 Month Change | 12.50% |
| 3 Month Change | -29.69% |
| 1 Year Change | -13.46% |
| 3 Year Change | -10.48% |
| 5 Year Change | 11.00% |
| Change since IPO | -28.29% |
Recent News & Updates
Recent updates
Shareholder Returns
| CORNERST | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -10.0% | 0.8% | 1.3% |
| 1Y | -13.5% | -14.6% | 3.2% |
Return vs Industry: CORNERST matched the NG Insurance industry which returned -13.9% over the past year.
Return vs Market: CORNERST underperformed the NG Market which returned 4.3% over the past year.
Price Volatility
| CORNERST volatility | |
|---|---|
| CORNERST Average Weekly Movement | 9.2% |
| Insurance Industry Average Movement | 6.5% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in NG Market | 7.2% |
| 10% least volatile stocks in NG Market | 3.2% |
Stable Share Price: CORNERST is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 9% a week.
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 | 159 | Ganiyu Musa | https://cornerstone.com.ng |
Cornerstone Insurance Plc, together with its subsidiaries, provides risk underwriting and related financial services for corporate and individual customers in Nigeria. It operates through Non-Life Insurance, Life Insurance, Hilal Takaful Nigeria Limited, Fin Insurance Company Limited, and Cornerstone Leasing and Investment Limited segments. The company offers property-casualty insurance and life/health insurance products.
Cornerstone Insurance Plc Fundamentals Summary
| CORNERST fundamental statistics | |
|---|---|
| Market Cap | ₦8.66b |
| Earnings (TTM) | ₦2.94b |
| Revenue (TTM) | ₦12.73b |
2.8x
P/E Ratio0.6x
P/S RatioIs CORNERST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CORNERST income statement (TTM) | |
|---|---|
| Revenue | ₦12.73b |
| Cost of Revenue | ₦6.17b |
| Gross Profit | ₦6.56b |
| Other Expenses | ₦3.62b |
| Earnings | ₦2.94b |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 51.51% |
| Net Profit Margin | 23.07% |
| Debt/Equity Ratio | 0.0% |
How did CORNERST perform over the long term?
See historical performance and comparison