Guinea Insurance Plc provides various general insurance products and services to individuals and corporate organizations in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.20|
|52 Week High||₦0.20|
|52 Week Low||₦0.26|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||0%|
|3 Year Change||-31.03%|
|5 Year Change||-60.00%|
|Change since IPO||-70.15%|
Recent News & Updates
|GUINEAINS||NG Insurance||NG Market|
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.
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
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
|GUINEAINS fundamental statistics|
Is GUINEAINS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GUINEAINS income statement (TTM)|
|Cost of Revenue||₦418.11m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.039|
|Net Profit Margin||-26.44%|
How did GUINEAINS perform over the long term?See historical performance and comparison
Is Guinea Insurance undervalued compared to its fair value and its price relative to the market?
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).
How is Guinea 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 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.
How has Guinea Insurance performed over the past 5 years?
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.
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.
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
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board 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...
Experienced Board: GUINEAINS's board of directors are considered experienced (5.6 years average tenure).
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.
Guinea Insurance Plc's employee growth, exchange listings and data sources
- 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
- Guinea Insurance Plc
- Guinea Insurance House
- 33, Ikorodu Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 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.