company background image
REGA

Regency Alliance InsuranceNGSE:REGALINS Stock Report

Market Cap

₦2.5b

7D

2.5%

1Y

86.4%

Updated

26 Oct, 2021

Data

Company Financials
REGALINS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

REGALINS Overview

Regency Alliance Insurance Plc provides general insurance products to Institutional and individual clients.

Price History & Performance

Summary of all time highs, changes and price drops for Regency Alliance Insurance
Historical stock prices
Current Share Price₦0.41
52 Week High₦0.20
52 Week Low₦0.55
Beta0.62
1 Month Change-6.82%
3 Month Change0%
1 Year Change86.36%
3 Year Change105.00%
5 Year Change-18.00%
Change since IPO-75.49%

Recent News & Updates

Shareholder Returns

REGALINSNG InsuranceNG Market
7D2.5%2.2%1.5%
1Y86.4%31.5%39.2%

Return vs Industry: REGALINS exceeded the NG Insurance industry which returned 32.4% over the past year.

Return vs Market: REGALINS exceeded the NG Market which returned 40.2% over the past year.

Price Volatility

Is REGALINS's price volatile compared to industry and market?
REGALINS volatility
REGALINS Beta0.62
Industry Beta0.69
Market Beta1

Stable Share Price: REGALINS is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: REGALINS's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a216Biyi Otegbeyehttps://www.regencyalliance.com

Regency Alliance Insurance Plc provides general insurance products to Institutional and individual clients. The company operates through four segments: Non-life/General Business, Properties & Investment, Retail and Microfinance Banking, and Vehicle Tracking Services. It underwrites accident, aviation, bond, engineering, oil/gas, fire, marine, motor, workers compensation, employee liability insurances.

Regency Alliance Insurance Fundamentals Summary

How do Regency Alliance Insurance's earnings and revenue compare to its market cap?
REGALINS fundamental statistics
Market Cap₦2.53b
Earnings (TTM)₦664.83m
Revenue (TTM)₦5.42b

4.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REGALINS income statement (TTM)
Revenue₦5.42b
Cost of Revenue₦2.82b
Gross Profit₦2.60b
Expenses₦1.93b
Earnings₦664.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin47.92%
Net Profit Margin12.27%
Debt/Equity Ratio0.0%

How did REGALINS perform over the long term?

See historical performance and comparison

Valuation

Is Regency Alliance Insurance undervalued compared to its fair value and its price relative to the market?

4.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate REGALINS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate REGALINS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: REGALINS is good value based on its PE Ratio (4.1x) compared to the NG Insurance industry average (5.1x).

PE vs Market: REGALINS is good value based on its PE Ratio (4.1x) compared to the NG market (7.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate REGALINS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REGALINS's PB Ratio (0.4x) is in line with the NG Insurance industry average.


Future Growth

How is Regency Alliance Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

Forecasted Insurance industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Regency Alliance Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Regency Alliance Insurance performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REGALINS has high quality earnings.

Growing Profit Margin: REGALINS's current net profit margins (12.3%) are lower than last year (16.8%).


Past Earnings Growth Analysis

Earnings Trend: REGALINS's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: REGALINS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REGALINS had negative earnings growth (-22.1%) over the past year, making it difficult to compare to the Insurance industry average (3.1%).


Return on Equity

High ROE: REGALINS's Return on Equity (8%) is considered low.


Financial Health

How is Regency Alliance Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: REGALINS's short term assets (NGN11.1B) exceed its short term liabilities (NGN5.6B).

Long Term Liabilities: REGALINS's short term assets (NGN11.1B) exceed its long term liabilities (NGN368.1M).


Debt to Equity History and Analysis

Debt Level: REGALINS is debt free.

Reducing Debt: REGALINS has no debt compared to 5 years ago when its debt to equity ratio was 0%.

Debt Coverage: REGALINS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: REGALINS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Regency Alliance Insurance current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate REGALINS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REGALINS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REGALINS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REGALINS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: REGALINS is not paying a notable dividend for the NG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REGALINS's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Biyi Otegbeye

no data

Tenure

Mr. Olubiyi O. Otegbeye, also known as Biyi B.SC, ACII, MBA, LLB, BL., serves as Chief Executive Officer and Group Managing Director of Regency Alliance Insurance Company PLC. Mr. Otegbeye joined Regency I...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Regency Alliance Insurance Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Regency Alliance Insurance Plc
  • Ticker: REGALINS
  • Exchange: NGSE
  • Founded: NaN
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: ₦2.534b
  • Shares outstanding: 6.67b
  • Website: https://www.regencyalliance.com

Number of Employees


Location

  • Regency Alliance Insurance Plc
  • Regency Place
  • 2 Ebun Street
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:24
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.