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LASACO Assurance NGSE:LASACO Stock Report

Last Price

₦2.00

Market Cap

₦3.7b

7D

-5.2%

1Y

104.1%

Updated

18 Mar, 2024

Data

Company Financials

LASACO Stock Overview

LASACO Assurance Plc provides various insurance products and services in Nigeria.

LASACO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

LASACO Assurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for LASACO Assurance
Historical stock prices
Current Share Price₦2.00
52 Week High₦2.96
52 Week Low₦1.00
Beta0.43
1 Month Change-23.95%
3 Month Change6.95%
1 Year Change104.08%
3 Year Change60.00%
5 Year Change61.29%
Change since IPO227.98%

Recent News & Updates

Recent updates

Shareholder Returns

LASACONG InsuranceNG Market
7D-5.2%0.9%2.2%
1Y104.1%83.8%128.1%

Return vs Industry: LASACO exceeded the NG Insurance industry which returned 83.8% over the past year.

Return vs Market: LASACO underperformed the NG Market which returned 128.1% over the past year.

Price Volatility

Is LASACO's price volatile compared to industry and market?
LASACO volatility
LASACO Average Weekly Movement11.4%
Insurance Industry Average Movement12.6%
Market Average Movement9.0%
10% most volatile stocks in NG Market12.6%
10% least volatile stocks in NG Market4.3%

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

Volatility Over Time: LASACO's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979159Abiodun Razzaqhttps://lasacoassurance.com

LASACO Assurance Plc provides various insurance products and services in Nigeria. It operates through two segments, Non-Life and Life. The company offers anticipated plan, mortgage protection, bond, education, fire special peril, and householders insurance; and business interruption, burglary, contractors all risk, marine hull, machinery breakdown, professional indemnity, and builders liability insurance.

LASACO Assurance Plc Fundamentals Summary

How do LASACO Assurance's earnings and revenue compare to its market cap?
LASACO fundamental statistics
Market cap₦3.67b
Earnings (TTM)₦1.43b
Revenue (TTM)₦12.95b

2.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LASACO income statement (TTM)
Revenue₦12.95b
Cost of Revenue₦6.96b
Gross Profit₦5.99b
Other Expenses₦4.56b
Earnings₦1.43b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin46.29%
Net Profit Margin11.05%
Debt/Equity Ratio0%

How did LASACO perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

15%

Payout Ratio
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