company background image
SOVRENINS

Sovereign Trust Insurance NGSE:SOVRENINS Stock Report

Last Price

₦0.28

Market Cap

₦3.2b

7D

16.7%

1Y

21.7%

Updated

25 Nov, 2022

Data

Company Financials
SOVRENINS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

SOVRENINS Stock Overview

Sovereign Trust Insurance Plc offers non-life and special risk insurance in Nigeria.

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₦0.28
52 Week High₦0.31
52 Week Low₦0.22
Beta0.045
1 Month Change12.00%
3 Month Change7.69%
1 Year Change21.74%
3 Year Change27.27%
5 Year Change-44.00%
Change since IPO-68.00%

Recent News & Updates

Recent updates

Shareholder Returns

SOVRENINSNG InsuranceNG Market
7D16.7%2.5%5.9%
1Y21.7%-14.0%-2.4%

Return vs Industry: SOVRENINS exceeded the NG Insurance industry which returned -14% over the past year.

Return vs Market: SOVRENINS exceeded the NG Market which returned -2.4% over the past year.

Price Volatility

Is SOVRENINS's price volatile compared to industry and market?
SOVRENINS volatility
SOVRENINS Average Weekly Movement9.6%
Insurance Industry Average Movement6.4%
Market Average Movement5.4%
10% most volatile stocks in NG Market7.1%
10% least volatile stocks in NG Market2.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
1980157Olaotan Soyinkahttps://www.stiplc.com

Sovereign Trust Insurance Plc offers 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 all risk, electronic equipment, erection all risk, 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₦3.18b
Earnings (TTM)₦900.44m
Revenue (TTM)₦9.32b

3.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOVRENINS income statement (TTM)
Revenue₦9.32b
Cost of Revenue₦6.16b
Gross Profit₦3.16b
Other Expenses₦2.26b
Earnings₦900.44m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.079
Gross Margin33.90%
Net Profit Margin9.66%
Debt/Equity Ratio17.4%

How did SOVRENINS perform over the long term?

See historical performance and comparison