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Niger Insurance NGSE:NIGERINS Stock Report

Last Price

₦0.20

Market Cap

₦1.5b

7D

0%

1Y

0%

Updated

23 Jul, 2024

Data

Company Financials

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

NIGERINS Stock Overview

Niger Insurance Plc underwrites life and general insurance products in Nigeria. More details

NIGERINS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

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Niger Insurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Niger Insurance
Historical stock prices
Current Share Price₦0.20
52 Week High₦0
52 Week Low₦0
Beta0
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change0%
Change since IPO-84.83%

Recent News & Updates

Recent updates

Shareholder Returns

NIGERINSNG InsuranceNG Market
7D0%0.9%1.9%
1Y0%73.0%8.6%

Return vs Industry: NIGERINS underperformed the NG Insurance industry which returned 40.6% over the past year.

Return vs Market: NIGERINS underperformed the NG Market which returned 70.9% over the past year.

Price Volatility

Is NIGERINS's price volatile compared to industry and market?
NIGERINS volatility
NIGERINS Average Weekly Movement0%
Insurance Industry Average Movement9.5%
Market Average Movement6.8%
10% most volatile stocks in NG Market10.8%
10% least volatile stocks in NG Market3.0%

Stable Share Price: NIGERINS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NIGERINS's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1962n/aEdwin Igbitinigerinsurance.com

Niger Insurance Plc underwrites life and general insurance products in Nigeria. Its life insurance products include educational endowment, endowment, group life, mortgage protection, and term assurances; and Niger cash, Niger flexible investment assurance, Niger mutual halal, and personal pension and savings products. The company’s non-life insurance products comprise general insurance that includes all risk, aviation hull and liability, boat travelers, boiler and pressure vessel, burglary and house breaking, consequential loss, contractor all risk, employers liability, fidelity guarantee, fire and special perils, goods-in-transit, householder comprehensive, machinery breakdown, marine cargo, marine hull, money, motor, oil and gas, overseas traveler, plant all risk, product liability, professional indemnity, and public liability insurance policies; and advance payment, counter bid, counter indemnity, custom agent, performance, retention, tender/bid, and security bond policies.

Niger Insurance Plc Fundamentals Summary

How do Niger Insurance's earnings and revenue compare to its market cap?
NIGERINS fundamental statistics
Market cap₦1.55b
Earnings (TTM)-₦2.11b
Revenue (TTM)₦2.09b

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NIGERINS income statement (TTM)
Revenue₦2.09b
Cost of Revenue₦1.01b
Gross Profit₦1.07b
Other Expenses₦3.18b
Earnings-₦2.11b

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NIGERINS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/23 12:39
End of Day Share Price 2024/07/23 00:00
Earnings2020/12/31
Annual Earnings2020/12/31

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

Niger 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.