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Linkage Assurance NGSE:LINKASSURE Stock Report

Last Price

₦0.85

Market Cap

₦11.9b

7D

-11.5%

1Y

88.9%

Updated

25 Feb, 2024

Data

Company Financials

Linkage Assurance Plc

NGSE:LINKASSURE Stock Report

Market Cap: ₦11.9b

LINKASSURE Stock Overview

Linkage Assurance Plc engages in the non-life insurance business in Nigeria.

LINKASSURE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Linkage Assurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Linkage Assurance
Historical stock prices
Current Share Price₦0.85
52 Week High₦1.60
52 Week Low₦0.40
Beta1.06
1 Month Change-34.62%
3 Month Change0%
1 Year Change88.89%
3 Year Change112.50%
5 Year Change136.11%
Change since IPO-25.62%

Recent News & Updates

Recent updates

Shareholder Returns

LINKASSURENG InsuranceNG Market
7D-11.5%-7.3%-4.3%
1Y88.9%92.3%101.6%

Return vs Industry: LINKASSURE underperformed the NG Insurance industry which returned 91.4% over the past year.

Return vs Market: LINKASSURE underperformed the NG Market which returned 99.6% over the past year.

Price Volatility

Is LINKASSURE's price volatile compared to industry and market?
LINKASSURE volatility
LINKASSURE Average Weekly Movement10.4%
Insurance Industry Average Movement11.2%
Market Average Movement8.9%
10% most volatile stocks in NG Market12.3%
10% least volatile stocks in NG Market4.9%

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

Volatility Over Time: LINKASSURE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991179Daniel Braiehttps://www.linkageassurance.com

Linkage Assurance Plc engages in the non-life insurance business in Nigeria. The company offers automobile insurance; property insurance, including fire and allied peril, theft and burglary, house owner and householder comprehensive, industrial all risk, and various risk insurance products; group personal, fidelity guarantee, and money insurance products; liability group insurance; and builders’ liability, occupier’s liability, healthcare professional indemnity, and travel insurance products. It also provides marine cargo and hull, aviation, and agriculture insurance products, as well as insurance related to oil and gas; and contractors’ all risks, erection all risks, plant all risks, machinery breakdown, electronics and telco equipment, construction turnkey project, and boiler and pressure vessel insurance products.

Linkage Assurance Plc Fundamentals Summary

How do Linkage Assurance's earnings and revenue compare to its market cap?
LINKASSURE fundamental statistics
Market cap₦11.90b
Earnings (TTM)₦4.22b
Revenue (TTM)₦14.69b

2.8x

P/E Ratio

0.8x

P/S Ratio

Is LINKASSURE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LINKASSURE income statement (TTM)
Revenue₦14.69b
Cost of Revenue₦7.62b
Gross Profit₦7.07b
Other Expenses₦2.85b
Earnings₦4.22b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin48.11%
Net Profit Margin28.73%
Debt/Equity Ratio0%

How did LINKASSURE perform over the long term?

See historical performance and comparison
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