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GUIN

Guinea InsuranceNGSE:GUINEAINS Stock Report

Market Cap

₦1.2b

7D

0%

1Y

0%

Updated

17 Oct, 2021

Data

Company Financials
GUINEAINS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GUINEAINS Overview

Guinea Insurance Plc provides various general insurance products and services to individuals and corporate organizations in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Guinea Insurance
Historical stock prices
Current Share Price₦0.20
52 Week High₦0.20
52 Week Low₦0.26
Beta0.31
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change-31.03%
5 Year Change-60.00%
Change since IPO-70.15%

Recent News & Updates

Shareholder Returns

GUINEAINSNG InsuranceNG Market
7D0%3.4%1.6%
1Y0%26.9%40.0%

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

Return vs Market: GUINEAINS underperformed the NG Market which returned 40% over the past year.

Price Volatility

Is GUINEAINS's price volatile compared to industry and market?
GUINEAINS volatility
GUINEAINS Beta0.31
Industry Beta0.70
Market Beta1

Stable Share Price: GUINEAINS is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: GUINEAINS's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194867Demola Abidogunhttps://www.guineainsurance.com

Guinea Insurance Plc provides various general insurance products and services to individuals and corporate organizations in Nigeria. The company offers fire and special perils, burglary/theft, all risk, workmen’s compensation, personal accident, motor, public liability, bonds, contractors all risk, erection all risk, machinery breakdown, marine cargo, marine hull, fidelity, oil and gas, aviation, consequential loss, house owners/householders, money, professional indemnity, electronic equipment, goods-in-transit, plant all-risk, travel, and home shield insurance products and services. It also offers e-insurance, and reinsurance products and services.

Guinea Insurance Fundamentals Summary

How do Guinea Insurance's earnings and revenue compare to its market cap?
GUINEAINS fundamental statistics
Market Cap₦1.23b
Earnings (TTM)-₦241.33m
Revenue (TTM)₦912.71m

1.3x

P/S Ratio

-5.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GUINEAINS income statement (TTM)
Revenue₦912.71m
Cost of Revenue₦418.11m
Gross Profit₦494.59m
Expenses₦735.93m
Earnings-₦241.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.039
Gross Margin54.19%
Net Profit Margin-26.44%
Debt/Equity Ratio0.0%

How did GUINEAINS perform over the long term?

See historical performance and comparison

Valuation

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

0.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: GUINEAINS is unprofitable, so we can't compare its PE Ratio to the NG Insurance industry average.

PE vs Market: GUINEAINS is unprofitable, so we can't compare its PE Ratio to the NG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Future Growth

How is Guinea 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 Guinea 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 Guinea Insurance performed over the past 5 years?

-47.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GUINEAINS is currently unprofitable.

Growing Profit Margin: GUINEAINS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GUINEAINS is unprofitable, and losses have increased over the past 5 years at a rate of 47% per year.

Accelerating Growth: Unable to compare GUINEAINS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GUINEAINS is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (3.1%).


Return on Equity

High ROE: GUINEAINS has a negative Return on Equity (-12%), as it is currently unprofitable.


Financial Health

How is Guinea Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: GUINEAINS's short term assets (NGN2.1B) exceed its short term liabilities (NGN1.4B).

Long Term Liabilities: GUINEAINS's short term assets (NGN2.1B) exceed its long term liabilities (NGN262.7M).


Debt to Equity History and Analysis

Debt Level: GUINEAINS is debt free.

Reducing Debt: GUINEAINS has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GUINEAINS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GUINEAINS has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.8% each year


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GUINEAINS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GUINEAINS'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 GUINEAINS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GUINEAINS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GUINEAINS's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

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

5.6yrs

Average board tenure


CEO

Demola Abidogun

2.08yrs

Tenure

Mr. Ademola Abidogun, also known as Demola, serves as Managing Director and Chief Executive Officer at Guinea Insurance Plc since September 2, 2019 and serves as its Director. Mr. Abidogun served as Head o...


Board Members

Experienced Board: GUINEAINS's board of directors are considered experienced (5.6 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

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


Key Information

  • Name: Guinea Insurance Plc
  • Ticker: GUINEAINS
  • Exchange: NGSE
  • Founded: 1948
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: ₦1.228b
  • Shares outstanding: 6.14b
  • Website: https://www.guineainsurance.com

Number of Employees


Location

  • Guinea Insurance Plc
  • Guinea Insurance House
  • 33, Ikorodu Road
  • 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.