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
|Historical stock prices|
|Current Share Price||₦4.50|
|52 Week High||₦5.65|
|52 Week Low||₦3.01|
|1 Month Change||12.50%|
|3 Month Change||-14.29%|
|1 Year Change||-7.03%|
|3 Year Change||119.23%|
|5 Year Change||192.81%|
|Change since IPO||600.82%|
Recent News & Updates
|NEM||NG Insurance||NG Market|
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.
|NEM Average Weekly Movement||8.4%|
|Insurance Industry Average Movement||6.5%|
|Market Average Movement||5.3%|
|10% most volatile stocks in NG Market||7.2%|
|10% least volatile stocks in NG Market||3.2%|
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
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
|NEM fundamental statistics|
Is NEM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEM income statement (TTM)|
|Cost of Revenue||₦12.62b|
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.26|
|Net Profit Margin||25.81%|
How did NEM perform over the long term?See historical performance and comparison