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Sovereign Trust Insurance NGSE:SOVRENINS Stock Report

Last Price

₦0.55

Market Cap

₦7.8b

7D

17.0%

1Y

-16.7%

Updated

25 Jul, 2024

Data

Company Financials

Sovereign Trust Insurance Plc

NGSE:SOVRENINS Stock Report

Market Cap: ₦7.8b

Sovereign Trust Insurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sovereign Trust Insurance
Historical stock prices
Current Share Price₦0.55
52 Week High₦0.79
52 Week Low₦0.31
Beta0.35
11 Month Change19.57%
3 Month Change52.78%
1 Year Change-16.67%
33 Year Change89.66%
5 Year Change175.00%
Change since IPO-37.14%

Recent News & Updates

Recent updates

Shareholder Returns

SOVRENINSNG InsuranceNG Market
7D17.0%-3.4%-0.6%
1Y-16.7%39.7%70.6%

Return vs Industry: SOVRENINS underperformed the NG Insurance industry which returned 39.7% over the past year.

Return vs Market: SOVRENINS underperformed the NG Market which returned 70.6% over the past year.

Price Volatility

Is SOVRENINS's price volatile compared to industry and market?
SOVRENINS volatility
SOVRENINS Average Weekly Movement11.5%
Insurance Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in NG Market9.7%
10% least volatile stocks in NG Market2.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
1980146Olaotan 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. Sovereign Trust Insurance Plc was incorporated in 1980 and is headquartered in Lagos, Nigeria.

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₦7.83b
Earnings (TTM)₦947.46m
Revenue (TTM)₦10.61b

8.3x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOVRENINS income statement (TTM)
Revenue₦10.61b
Cost of Revenue₦6.79b
Gross Profit₦3.82b
Other Expenses₦2.87b
Earnings₦947.46m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.067
Gross Margin35.97%
Net Profit Margin8.93%
Debt/Equity Ratio28.4%

How did SOVRENINS perform over the long term?

See historical performance and comparison
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