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LASACO

LASACO Assurance NGSE:LASACO Stock Report

Last Price

₦0.85

Market Cap

₦1.6b

7D

0%

1Y

-18.3%

Updated

01 Dec, 2022

Data

Company Financials
LASACO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

LASACO Stock Overview

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

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₦0.85
52 Week High₦1.15
52 Week Low₦0.82
Beta0.40
1 Month Change-2.30%
3 Month Change-11.46%
1 Year Change-18.27%
3 Year Change-15.00%
5 Year Change-57.50%
Change since IPO39.39%

Recent News & Updates

Recent updates

Shareholder Returns

LASACONG InsuranceNG Market
7D0%0.9%0.8%
1Y-18.3%-15.6%1.3%

Return vs Industry: LASACO underperformed the NG Insurance industry which returned -15.6% over the past year.

Return vs Market: LASACO underperformed the NG Market which returned 1.3% over the past year.

Price Volatility

Is LASACO's price volatile compared to industry and market?
LASACO volatility
LASACO Average Weekly Movement3.5%
Insurance Industry Average Movement6.6%
Market Average Movement5.4%
10% most volatile stocks in NG Market6.8%
10% least volatile stocks in NG Market3.1%

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

Volatility Over Time: LASACO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979159Abiodun Razzaqhttps://www.lasacoassurance.com

LASACO Assurance Plc provides various insurance products and services in Nigeria. 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. It also provides fidelity guarantee, electronic equipment, employers liability, money, erection and plants all risk, goods in transit, public liability, marine cargo, investment linked, motor, occupier’s liability, and personal accident insurance products, as well as investment plans and term assurance products.

LASACO Assurance Plc Fundamentals Summary

How do LASACO Assurance's earnings and revenue compare to its market cap?
LASACO fundamental statistics
Market Cap₦1.56b
Earnings (TTM)₦83.58m
Revenue (TTM)₦10.53b

18.6x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LASACO income statement (TTM)
Revenue₦10.53b
Cost of Revenue₦5.30b
Gross Profit₦5.23b
Other Expenses₦5.15b
Earnings₦83.58m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.046
Gross Margin49.66%
Net Profit Margin0.79%
Debt/Equity Ratio0.0%

How did LASACO perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

223%

Payout Ratio