Goldlink Insurance PLC provides life and general insurance products to corporate and individual customers in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.20|
|52 Week High||₦0|
|52 Week Low||₦0|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||0%|
|3 Year Change||-62.26%|
|5 Year Change||-60.00%|
|Change since IPO||-78.72%|
Recent News & Updates
|GOLDINSURE||NG Insurance||NG Market|
Return vs Industry: GOLDINSURE underperformed the NG Insurance industry which returned 26.8% over the past year.
Return vs Market: GOLDINSURE underperformed the NG Market which returned 40.1% over the past year.
Stable Share Price: GOLDINSURE is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: GOLDINSURE's weekly volatility (0%) has been stable over the past year.
About the Company
Goldlink Insurance PLC provides life and general insurance products to corporate and individual customers in Nigeria. The company offers coverage for oil and gas constructions and operational activities; marine insurance, such as insurance of cargo, hull and machinery, and liability; aviation insurance; and general accident insurance products, such as group personal accident, all risks, fire and special perils, motor, burglary/housebreaking, householders’ comprehensive, workmen’s compensation/employer’s liability, director’s and officer’s liability, personal accident, money, public liability, product liability, goods-in-transit, and fidelity guarantee. It also provides life insurance products, including deposit administration, group life assurance, uni-dowment, flexi-dowment, endowment assurance, whole life assurance, children education endowment, anticipated endowment assurance, annuity, GICO savings, mortgage protection assurance, term assurance, and family income benefits insurance products.
Goldlink Insurance Fundamentals Summary
|GOLDINSURE fundamental statistics|
Is GOLDINSURE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOLDINSURE income statement (TTM)|
|Cost of Revenue||₦1.18b|
Last Reported Earnings
Mar 31, 2019
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did GOLDINSURE perform over the long term?See historical performance and comparison
Is Goldlink Insurance undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Goldlink Insurance is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Goldlink Insurance has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Goldlink Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Goldlink 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.
How has Goldlink Insurance performed over the past 5 years?
Historical Insurance annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Goldlink Insurance has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
How is Goldlink Insurance's financial position?
In this section we usually analyse Goldlink Insurance's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Goldlink Insurance has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is Goldlink Insurance current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GOLDINSURE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GOLDINSURE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GOLDINSURE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GOLDINSURE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GOLDINSURE is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GOLDINSURE's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Roland Awoyinfa, M.MP, ACII, ACIArb., serves as Acting Managing Director & Chief Executive Officer at Goldlink Insurance Plc since October 2019 and serves as its Director. He served as Group Head of Te...
Experienced Management: GOLDINSURE's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: GOLDINSURE's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Goldlink Insurance PLC's employee growth, exchange listings and data sources
- Name: Goldlink Insurance PLC
- Ticker: GOLDINSURE
- Exchange: NGSE
- Founded: 1992
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: ₦492.184m
- Shares outstanding: 2.46b
- Website: https://goldlinkinsuranceplc.com
Number of Employees
- Goldlink Insurance PLC
- Goldlink Plaza
- 6, Emmanuel Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 15:21|
|End of Day Share Price||2021/10/15 00:00|
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.