NEM Insurance Past Earnings Performance

Past criteria checks 5/6

NEM Insurance has been growing earnings at an average annual rate of 46%, while the Insurance industry saw earnings growing at 42% annually. Revenues have been growing at an average rate of 27.7% per year. NEM Insurance's return on equity is 54.5%, and it has net margins of 43.2%.

Key information

46.0%

Earnings growth rate

46.0%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate27.7%
Return on equity54.5%
Net Margin43.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How NEM Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:NEM Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2462,13526,8527,5100
30 Jun 2451,31325,6337,7500
31 Mar 2454,32927,2376,2930
31 Dec 2337,95518,5025,9570
30 Sep 2339,3676,6924,6490
31 Mar 2326,7005,7013,8450
31 Dec 2225,5115,4403,6350
30 Sep 2224,3866,3214,5390
31 Mar 2224,3804,8854,4300
31 Dec 2122,2884,4324,1270
31 Dec 2019,1345,0853,1630
31 Dec 1914,9132,3953,4520
31 Dec 1812,2882,0372,7260
31 Dec 1711,7502,7752,9470
31 Dec 169,6271,8182,0460
31 Dec 159,6037142,0360
31 Dec 149,0721,5251,7220
31 Dec 138,2603951,7580

Quality Earnings: NEM has a high level of non-cash earnings.

Growing Profit Margin: NEM's current net profit margins (43.2%) are higher than last year (17%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NEM's earnings have grown significantly by 46% per year over the past 5 years.

Accelerating Growth: NEM's earnings growth over the past year (301.2%) exceeds its 5-year average (46% per year).

Earnings vs Industry: NEM earnings growth over the past year (301.2%) exceeded the Insurance industry 200.9%.


Return on Equity

High ROE: NEM's Return on Equity (54.5%) is considered outstanding.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 13:54
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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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 .

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.

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