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Sovereign Trust Insurance PlcNGSE:SOVRENINS Stock Report

Market Cap ₦39.1b
Share Price
₦2.75
My Fair Value
1Y343.5%
7D-8.3%
Portfolio Value
View

Sovereign Trust Insurance Plc

NGSE:SOVRENINS Stock Report

Market Cap: ₦39.1b

Sovereign Trust Insurance (SOVRENINS) Stock Overview

Provides non-life and special risk insurance in Nigeria. More details

SOVRENINS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

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Sovereign Trust Insurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sovereign Trust Insurance
Historical stock prices
Current Share Price₦2.75
52 Week High₦3.96
52 Week Low₦0.53
Beta0.56
1 Month Change-7.41%
3 Month Change113.18%
1 Year Change343.55%
3 Year Change957.69%
5 Year Change1,275.00%
Change since IPO214.29%

Recent News & Updates

Recent updates

Shareholder Returns

SOVRENINSNG InsuranceNG Market
7D-8.3%-0.5%1.0%
1Y343.5%191.6%56.1%

Return vs Industry: SOVRENINS exceeded the NG Insurance industry which returned 191.6% over the past year.

Return vs Market: SOVRENINS exceeded the NG Market which returned 56.1% over the past year.

Price Volatility

Is SOVRENINS's price volatile compared to industry and market?
SOVRENINS volatility
SOVRENINS Average Weekly Movement15.3%
Insurance Industry Average Movement12.9%
Market Average Movement8.2%
10% most volatile stocks in NG Market13.2%
10% least volatile stocks in NG Market4.0%

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

Volatility Over Time: SOVRENINS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1980155Olaotan Soyinkawww.stiplc.com

Sovereign Trust Insurance Plc provides non-life and special risk insurance in Nigeria. It offers motor, family wellbeing, marine cargo and hull, travel, all risk, aviation, burglary house breaking, consequential loss, contractors and erection all risk, electronic equipment, fidelity guarantee, fire and extraneous perils, goods in transit, healthcare indemnity, house holder house owner, machinery breakdown, money, oil and gas, personal/group accident, plant all risk, professional indemnity, and workmen’s compensation insurance products, as well as builder’s, public, product, and occupiers liability insurance. The company was formerly known as Grand Union Assurances Limited and changed its name to Sovereign Trust Insurance Plc in January 1995.

Sovereign Trust Insurance Plc Fundamentals Summary

How do Sovereign Trust Insurance's earnings and revenue compare to its market cap?
SOVRENINS fundamental statistics
Market cap₦39.13b
Earnings (TTM)₦2.81b
Revenue (TTM)₦52.38b
13.9x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOVRENINS income statement (TTM)
Revenue₦52.38b
Cost of Revenue₦45.12b
Gross Profit₦7.26b
Other Expenses₦4.44b
Earnings₦2.81b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin13.86%
Net Profit Margin5.37%
Debt/Equity Ratio30.4%

How did SOVRENINS perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
25%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 13:20
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

Sovereign Trust 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.