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Prestige Assurance NGSE:PRESTIGE Stock Report

Last Price

₦1.43

Market Cap

₦19.0b

7D

22.2%

1Y

134.4%

Updated

21 Jan, 2025

Data

Company Financials

Prestige Assurance Plc

NGSE:PRESTIGE Stock Report

Market Cap: ₦19.0b

PRESTIGE Stock Overview

A general insurance company, provides non-life insurance products in Nigeria. More details

PRESTIGE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

Rewards

Price-To-Earnings ratio (5.7x) is below the NG market (8.8x)

Became profitable this year

Risk Analysis

Highly volatile share price over the past 3 months compared to the NG market

High level of non-cash earnings

Dividend of 1.4% is not well covered by free cash flows

Does not have a meaningful market cap (NGN19B)


My Notes

Capture your thoughts, links and company narrative

Prestige Assurance Plc Competitors

Veritas Kapital Assurance

NGSE:VERITASKAP

₦20.9b

Sovereign Trust Insurance

NGSE:SOVRENINS

₦16.6b

Linkage Assurance

NGSE:LINKASSURE

₦24.8b

Regency Alliance Insurance

NGSE:REGALINS

₦9.8b

Price History & Performance

Summary of share price highs, lows and changes for Prestige Assurance
Historical stock prices
Current Share Price₦1.43
52 Week High₦1.60
52 Week Low₦0.47
Beta-0.18
1 Month Change76.54%
3 Month Change164.81%
1 Year Change134.43%
3 Year Change210.87%
5 Year Change212.96%
Change since IPO96.73%

Recent News & Updates

Recent updates

Shareholder Returns

PRESTIGENG InsuranceNG Market
7D22.2%-1.3%-4.1%
1Y134.4%71.8%6.6%

Return vs Industry: PRESTIGE exceeded the NG Insurance industry which returned 71.8% over the past year.

Return vs Market: PRESTIGE exceeded the NG Market which returned 6.6% over the past year.

Price Volatility

Is PRESTIGE's price volatile compared to industry and market?
PRESTIGE volatility
PRESTIGE Average Weekly Movement12.5%
Insurance Industry Average Movement9.8%
Market Average Movement6.5%
10% most volatile stocks in NG Market11.0%
10% least volatile stocks in NG Market3.6%

Stable Share Price: PRESTIGE's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: PRESTIGE's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
195279Rajesh Kamblewww.prestigeassuranceplc.com

Prestige Assurance Plc, a general insurance company, provides non-life insurance products in Nigeria. The company offers insurance products in the areas of motor, marine, bond, engineering, fire, aviation, oil and energy, general accident, workers compensation, and terrorism. Its products include health, salary protection shield, personal accident, agricultural, money, burglary, householder, all risk, prestige device, fidelity guarantee, SME blanket, and group personal accident insurance products; and marine cargo and hull insurance products.

Prestige Assurance Plc Fundamentals Summary

How do Prestige Assurance's earnings and revenue compare to its market cap?
PRESTIGE fundamental statistics
Market cap₦18.95b
Earnings (TTM)₦3.31b
Revenue (TTM)₦19.13b

5.7x

P/E Ratio

1.0x

P/S Ratio

Is PRESTIGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRESTIGE income statement (TTM)
Revenue₦19.13b
Cost of Revenue₦15.44b
Gross Profit₦3.69b
Other Expenses₦385.57m
Earnings₦3.31b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 29, 2025

Earnings per share (EPS)0.25
Gross Margin19.30%
Net Profit Margin17.29%
Debt/Equity Ratio0%

How did PRESTIGE perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

8%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 00:22
End of Day Share Price 2025/01/21 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.

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 .

Analyst Sources

Prestige Assurance 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.

AnalystInstitution