AXA Mansard Insurance Plc, together with its subsidiaries, provides life and general business risk management solutions and financial services to corporate and retail customers in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦2.30|
|52 Week High||₦2.13|
|52 Week Low||₦7.40|
|1 Month Change||-30.72%|
|3 Month Change||-35.39%|
|1 Year Change||7.73%|
|3 Year Change||-0.43%|
|5 Year Change||2.15%|
|Change since IPO||-23.29%|
Recent News & Updates
|MANSARD||NG Insurance||NG Market|
Return vs Industry: MANSARD underperformed the NG Insurance industry which returned 31.2% over the past year.
Return vs Market: MANSARD underperformed the NG Market which returned 38.9% over the past year.
Stable Share Price: MANSARD is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MANSARD's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
AXA Mansard Insurance Plc, together with its subsidiaries, provides life and general business risk management solutions and financial services to corporate and retail customers in Nigeria. The company offers life savings, instant plans, and education plans, as well as other life and savings products; motor insurance products; travel insurance products, such as general business/tourism, student protection, and pilgrimage protection; and health insurance products. It also provides fire and engineering insurance products comprising agriculture, boiler and pressure plant, fire and burglary, contractors all risks, electronic equipment, erection all risks, fire and special perils, householders, industrial all risks, machinery all risks and breakdown, material damage, and terrorism insurance products; and aviation and energy insurance products, such as hull all risk, spares all risks, liability, and energy package insurance products.
AXA Mansard Insurance Fundamentals Summary
|MANSARD fundamental statistics|
Is MANSARD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MANSARD income statement (TTM)|
|Cost of Revenue||₦25.27b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.40|
|Net Profit Margin||8.49%|
How did MANSARD perform over the long term?See historical performance and comparison
9.6%Current Dividend Yield
Is AXA Mansard Insurance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MANSARD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MANSARD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MANSARD is poor value based on its PE Ratio (5.8x) compared to the NG Insurance industry average (4.9x).
PE vs Market: MANSARD is good value based on its PE Ratio (5.8x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MANSARD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MANSARD is overvalued based on its PB Ratio (0.6x) compared to the NG Insurance industry average (0.4x).
How is AXA Mansard Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AXA Mansard Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AXA Mansard Insurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MANSARD has a high level of non-cash earnings.
Growing Profit Margin: MANSARD's current net profit margins (8.5%) are lower than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: MANSARD's earnings have grown significantly by 25.5% per year over the past 5 years.
Accelerating Growth: MANSARD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MANSARD had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Insurance industry average (3.1%).
Return on Equity
High ROE: MANSARD's Return on Equity (7.9%) is considered low.
How is AXA Mansard Insurance's financial position?
Financial Position Analysis
Short Term Liabilities: MANSARD's short term assets (NGN42.1B) do not cover its short term liabilities (NGN46.0B).
Long Term Liabilities: MANSARD's short term assets (NGN42.1B) exceed its long term liabilities (NGN19.4B).
Debt to Equity History and Analysis
Debt Level: MANSARD's debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: MANSARD's debt to equity ratio has reduced from 22.3% to 7.6% over the past 5 years.
Debt Coverage: MANSARD's debt is well covered by operating cash flow (20%).
Interest Coverage: MANSARD's interest payments on its debt are well covered by EBIT (11.9x coverage).
What is AXA Mansard Insurance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MANSARD's dividend (9.57%) is higher than the bottom 25% of dividend payers in the NG market (3.25%).
High Dividend: MANSARD's dividend (9.57%) is in the top 25% of dividend payers in the NG market (7.24%)
Stability and Growth of Payments
Stable Dividend: MANSARD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MANSARD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.1%), MANSARD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Adekunle Ahmed has been the Chief Executive Officer of AXA Mansard Insurance Plc since May 19, 2017 and has been its Director since February 15, 2012. He serves as the Managing Director at AXA Mansard...
Experienced Management: MANSARD's management team is considered experienced (3.8 years average tenure).
Experienced Board: MANSARD's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AXA Mansard Insurance Plc's employee growth, exchange listings and data sources
- Name: AXA Mansard Insurance Plc
- Ticker: MANSARD
- Exchange: NGSE
- Founded: 1989
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: ₦20.513b
- Shares outstanding: 8.92b
- Website: https://www.axamansard.com
Number of Employees
- AXA Mansard Insurance Plc
- Santa Clara Court
- Plot 1412
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:21|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.