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LASACO Assurance NGSE:LASACO Stock Report

Last Price

₦2.99

Market Cap

₦5.3b

7D

-2.3%

1Y

11.2%

Updated

30 Jan, 2025

Data

Company Financials

LASACO Stock Overview

Provides various insurance products and services in Nigeria. More details

LASACO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

LASACO Assurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for LASACO Assurance
Historical stock prices
Current Share Price₦2.99
52 Week High₦4.09
52 Week Low₦1.90
Beta0.54
1 Month Change-3.24%
3 Month Change17.25%
1 Year Change11.15%
3 Year Change176.85%
5 Year Change199.00%
Change since IPO390.33%

Recent News & Updates

Recent updates

Shareholder Returns

LASACONG InsuranceNG Market
7D-2.3%-3.0%2.0%
1Y11.2%79.9%-2.1%

Return vs Industry: LASACO underperformed the NG Insurance industry which returned 84.8% over the past year.

Return vs Market: LASACO exceeded the NG Market which returned -0.5% over the past year.

Price Volatility

Is LASACO's price volatile compared to industry and market?
LASACO volatility
LASACO Average Weekly Movement11.1%
Insurance Industry Average Movement10.0%
Market Average Movement6.2%
10% most volatile stocks in NG Market10.8%
10% least volatile stocks in NG Market3.7%

Stable Share Price: LASACO's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: LASACO's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1979141Abiodun Razzaqlasacoassurance.com

LASACO Assurance Plc provides various insurance products and services in Nigeria. The company operates through Non-Life and Life segments. It also offers anticipated plan, mortgage protection, bond, education, fire special peril, and householders insurance.

LASACO Assurance Plc Fundamentals Summary

How do LASACO Assurance's earnings and revenue compare to its market cap?
LASACO fundamental statistics
Market cap₦5.32b
Earnings (TTM)₦1.94b
Revenue (TTM)₦24.31b

2.8x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LASACO income statement (TTM)
Revenue₦24.31b
Cost of Revenue₦22.23b
Gross Profit₦2.08b
Other Expenses₦136.57m
Earnings₦1.94b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.06
Gross Margin8.55%
Net Profit Margin7.99%
Debt/Equity Ratio0%

How did LASACO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 05:58
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LASACO Assurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution