SOVRENINS Stock Overview
Provides non-life and special risk insurance in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
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Sovereign Trust Insurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.90 |
| 52 Week High | ₦0.90 |
| 52 Week Low | ₦0.36 |
| Beta | 0.29 |
| 1 Month Change | 42.86% |
| 3 Month Change | 57.89% |
| 1 Year Change | 157.14% |
| 3 Year Change | 246.15% |
| 5 Year Change | 350.00% |
| Change since IPO | 2.86% |
Recent News & Updates
Recent updates
Shareholder Returns
| SOVRENINS | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | 5.9% | 8.8% | 2.5% |
| 1Y | 157.1% | 97.6% | 51.2% |
Return vs Industry: SOVRENINS exceeded the NG Insurance industry which returned 97.6% over the past year.
Return vs Market: SOVRENINS exceeded the NG Market which returned 51.2% over the past year.
Price Volatility
| SOVRENINS volatility | |
|---|---|
| SOVRENINS Average Weekly Movement | 11.1% |
| Insurance Industry Average Movement | 7.3% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in NG Market | 8.5% |
| 10% least volatile stocks in NG Market | 3.1% |
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 (11%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 155 | Olaotan Soyinka | www.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
| SOVRENINS fundamental statistics | |
|---|---|
| Market cap | ₦12.81b |
| Earnings (TTM) | ₦2.24b |
| Revenue (TTM) | ₦36.81b |
5.7x
P/E Ratio0.3x
P/S RatioIs SOVRENINS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOVRENINS income statement (TTM) | |
|---|---|
| Revenue | ₦36.81b |
| Cost of Revenue | ₦31.50b |
| Gross Profit | ₦5.31b |
| Other Expenses | ₦3.07b |
| Earnings | ₦2.24b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 14.42% |
| Net Profit Margin | 6.07% |
| Debt/Equity Ratio | 25.6% |
How did SOVRENINS perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield22%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
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.
| Analyst | Institution |
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