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NEM

NEM Insurance NGSE:NEM Stock Report

Last Price

₦4.50

Market Cap

₦22.6b

7D

0%

1Y

-7.0%

Updated

07 Dec, 2022

Data

Company Financials
NEM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

NEM Stock Overview

NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria.

NEM Insurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NEM Insurance
Historical stock prices
Current Share Price₦4.50
52 Week High₦5.65
52 Week Low₦3.01
Beta0.28
1 Month Change12.50%
3 Month Change-14.29%
1 Year Change-7.03%
3 Year Change119.23%
5 Year Change192.81%
Change since IPO600.82%

Recent News & Updates

Recent updates

Shareholder Returns

NEMNG InsuranceNG Market
7D0%0.8%1.3%
1Y-7.0%-14.6%3.2%

Return vs Industry: NEM exceeded the NG Insurance industry which returned -13.9% over the past year.

Return vs Market: NEM underperformed the NG Market which returned 4.3% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement8.4%
Insurance Industry Average Movement6.5%
Market Average Movement5.3%
10% most volatile stocks in NG Market7.2%
10% least volatile stocks in NG Market3.2%

Stable Share Price: NEM is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NEM's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1948214Tope Smarthttps://www.nem-insurance.com

NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria. It offers corporate insurance products, such as motor, marine, aviation, oil and gas, engineering, computer and electronics, fidelity guarantee, and group personal accident insurance; personal insurance products, including goods in transit, fire and special perils, travel, motor, home protection, professional indemnity, and enhanced motor third party insurance; and SME products comprising burglary, product liability, fidelity guarantee, motor insurance, cash in transit, group personal accident, and agricultural insurance products. In addition, it is involved in asset leasing and LPO financing activities.

NEM Insurance Plc Fundamentals Summary

How do NEM Insurance's earnings and revenue compare to its market cap?
NEM fundamental statistics
Market Cap₦22.57b
Earnings (TTM)₦6.32b
Revenue (TTM)₦24.49b

3.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEM income statement (TTM)
Revenue₦24.49b
Cost of Revenue₦12.62b
Gross Profit₦11.86b
Other Expenses₦5.54b
Earnings₦6.32b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.26
Gross Margin48.44%
Net Profit Margin25.81%
Debt/Equity Ratio0%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

17%

Payout Ratio