LASACO Stock Overview
LASACO Assurance Plc provides various insurance products and services in Nigeria.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
LASACO Assurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦2.02 |
| 52 Week High | ₦2.70 |
| 52 Week Low | ₦0.77 |
| Beta | 0.52 |
| 1 Month Change | 15.43% |
| 3 Month Change | -23.77% |
| 1 Year Change | 124.44% |
| 3 Year Change | 87.04% |
| 5 Year Change | 68.33% |
| Change since IPO | 231.26% |
Recent News & Updates
Recent updates
Shareholder Returns
| LASACO | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -3.8% | 3.0% | -2.0% |
| 1Y | 124.4% | 46.0% | 67.0% |
Return vs Industry: LASACO exceeded the NG Insurance industry which returned 43.3% over the past year.
Return vs Market: LASACO exceeded the NG Market which returned 69.4% over the past year.
Price Volatility
| LASACO volatility | |
|---|---|
| LASACO Average Weekly Movement | 11.3% |
| Insurance Industry Average Movement | 8.8% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in NG Market | 11.7% |
| 10% least volatile stocks in NG Market | 4.1% |
Stable Share Price: LASACO is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 11% a week.
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 159 | Abiodun Razzaq | https://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
| LASACO fundamental statistics | |
|---|---|
| Market Cap | ₦3.70b |
| Earnings (TTM) | ₦1.60b |
| Revenue (TTM) | ₦12.77b |
2.3x
P/E Ratio0.3x
P/S RatioIs LASACO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LASACO income statement (TTM) | |
|---|---|
| Revenue | ₦12.77b |
| Cost of Revenue | ₦6.67b |
| Gross Profit | ₦6.10b |
| Other Expenses | ₦4.50b |
| Earnings | ₦1.60b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.87 |
| Gross Margin | 47.79% |
| Net Profit Margin | 12.53% |
| Debt/Equity Ratio | 0% |
How did LASACO perform over the long term?
See historical performance and comparison