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NEM Insurance PlcNGSE:NEM Stock Report

Market Cap ₦155.5b
Share Price
₦31.00
₦30
3.3% overvalued intrinsic discount
1Y140.3%
7D-2.8%
Portfolio Value
View

NEM Insurance Plc

NGSE:NEM Stock Report

Market Cap: ₦155.5b

NEM Insurance (NEM) Stock Overview

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe. More details

NEM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends6/6

NEM Community Fair Values

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NEM Insurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for NEM Insurance
Historical stock prices
Current Share Price₦31.00
52 Week High₦39.60
52 Week Low₦12.90
Beta0.62
1 Month Change-6.06%
3 Month Change0%
1 Year Change140.31%
3 Year Change665.43%
5 Year Change671.14%
Change since IPO4,727.88%

Recent News & Updates

Recent updates

Shareholder Returns

NEMNG InsuranceNG Market
7D-2.8%0.3%6.3%
1Y140.3%137.0%122.1%

Return vs Industry: NEM exceeded the NG Insurance industry which returned 137% over the past year.

Return vs Market: NEM exceeded the NG Market which returned 122.1% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement7.9%
Insurance Industry Average Movement9.2%
Market Average Movement8.1%
10% most volatile stocks in NG Market10.9%
10% least volatile stocks in NG Market4.6%

Stable Share Price: NEM has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: NEM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1948272Andrew Ikekhuawww.nem-insurance.com

NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria and Europe. The company offers corporate insurance products, such as motor, marine cargo and hull, 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. It 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₦155.51b
Earnings (TTM)₦23.83b
Revenue (TTM)₦115.34b
6.5x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEM income statement (TTM)
Revenue₦115.34b
Cost of Revenue₦77.78b
Gross Profit₦37.56b
Other Expenses₦13.73b
Earnings₦23.83b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.75
Gross Margin32.57%
Net Profit Margin20.66%
Debt/Equity Ratio0%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

4.8%
Current Dividend Yield
32%
Payout Ratio

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks
When do you need to buy NEM by to receive an upcoming dividend?
NEM Insurance dividend dates
Ex Dividend DateApr 15 2026
Dividend Pay DateMay 14 2026
Days until Ex dividend5 days
Days until Dividend pay date24 days

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/19 16:41
End of Day Share Price 2026/04/17 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NEM Insurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.