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Linkage Assurance NGSE:LINKASSURE Stock Report

Last Price

₦0.86

Market Cap

₦13.2b

7D

0%

1Y

35.1%

Updated

26 Jul, 2024

Data

Company Financials

Linkage Assurance Plc

NGSE:LINKASSURE Stock Report

Market Cap: ₦13.2b

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₦0.86
52 Week High₦1.45
52 Week Low₦0.61
Beta0.85
11 Month Change5.11%
3 Month Change-0.42%
1 Year Change35.14%
33 Year Change57.67%
5 Year Change218.37%
Change since IPO-17.22%

Recent News & Updates

Recent updates

Shareholder Returns

LINKASSURENG InsuranceNG Market
7D0%-1.1%-0.6%
1Y35.1%41.8%70.7%

Return vs Industry: LINKASSURE underperformed the NG Insurance industry which returned 41.8% over the past year.

Return vs Market: LINKASSURE underperformed the NG Market which returned 70.7% over the past year.

Price Volatility

Is LINKASSURE's price volatile compared to industry and market?
LINKASSURE volatility
LINKASSURE Average Weekly Movement10.3%
Insurance Industry Average Movement8.3%
Market Average Movement6.3%
10% most volatile stocks in NG Market9.7%
10% least volatile stocks in NG Market2.8%

Stable Share Price: LINKASSURE has not had significant price volatility in the past 3 months.

Volatility Over Time: LINKASSURE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1991173Daniel Braiewww.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 accident, fidelity guarantee, and money policy 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₦13.24b
Earnings (TTM)₦6.44b
Revenue (TTM)₦17.45b

2.1x

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₦17.45b
Cost of Revenue₦11.16b
Gross Profit₦6.28b
Other Expenses-₦155.77m
Earnings₦6.44b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin36.02%
Net Profit Margin36.92%
Debt/Equity Ratio0%

How did LINKASSURE perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

11%

Payout Ratio
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