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STAC

STACO InsuranceNGSE:STACO Stock Report

Market Cap

₦4.5b

7D

0%

1Y

0%

Updated

17 Oct, 2021

Data

Company Financials
STACO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

STACO Overview

STACO Insurance Plc primarily engages in the non-life insurance business in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for STACO Insurance
Historical stock prices
Current Share Price₦0.48
52 Week High₦0
52 Week Low₦0
Beta0
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change-4.00%
Change since IPO-82.02%

Recent News & Updates

Shareholder Returns

STACONG InsuranceNG Market
7D0%3.4%1.6%
1Y0%26.9%40.0%

Return vs Industry: STACO underperformed the NG Insurance industry which returned 26.9% over the past year.

Return vs Market: STACO underperformed the NG Market which returned 40% over the past year.

Price Volatility

Is STACO's price volatile compared to industry and market?
STACO volatility
STACO Beta0
Industry Beta0.70
Market Beta1

Stable Share Price: STACO is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: STACO's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/aBayo Fakoredehttps://www.stacoplc.com

STACO Insurance Plc primarily engages in the non-life insurance business in Nigeria. The company operates through eight segments: Fire, General Accident, Motor Vehicle, Oil and Gas, Marine, Aviation, Bond, and Engineering. It offers accident insurance products, including fidelity guarantee, professional indemnity, good-in-transit, employer liability, burglary, public liability, and group/personal accident; transportation insurance products, such as motor, marine hull and cargo, and aviation; and fire and bond insurance products comprising fire and special perils, house owner/holder, all risks, engineering, and bond; and energy and special risks insurance products consisting of oil and gas, and pollution liability.

STACO Insurance Fundamentals Summary

How do STACO Insurance's earnings and revenue compare to its market cap?
STACO fundamental statistics
Market Cap₦4.48b
Earnings (TTM)-₦3.09b
Revenue (TTM)₦4.46b

0x

P/S Ratio

0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STACO income statement (TTM)
Revenue₦4.46b
Cost of Revenue₦2.53b
Gross Profit₦1.93b
Expenses₦5.02b
Earnings-₦3.09b

Last Reported Earnings

Sep 30, 2018

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did STACO perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether STACO Insurance is trading at an attractive price based on the cash flow it is expected to produce in the future. But as STACO Insurance has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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

27.1%

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 STACO 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 STACO Insurance performed over the past 5 years?

25.5%

Historical Insurance annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if STACO has high quality earnings.

Growing Profit Margin: Insufficient data to determine if STACO's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if STACO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare STACO's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if STACO's earnings growth over the past year exceeded the Insurance industry average.


Return on Equity

High ROE: STACO has a negative Return on Equity (0%), as it is currently unprofitable.


Financial Health

How is STACO Insurance's financial position?


In this section we usually analyse STACO Insurance's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. STACO Insurance has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate STACO'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 STACO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of STACO'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?

4.8yrs

Average board tenure


CEO

Bayo Fakorede

1.75yrs

Tenure

Mr. J. A. Fakorede, also known as Bayo, HND Insurance, ACII, MMP, MNIM, serves as Executive Director of Operations at STACO Insurance Plc and served as its Associate Director of Brokers Management. Mr. Fak...


Board Members

Experienced Board: STACO's board of directors are considered experienced (4.8 years average tenure).


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

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


Key Information

  • Name: STACO Insurance Plc
  • Ticker: STACO
  • Exchange: NGSE
  • Founded: 1991
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: ₦4.484b
  • Shares outstanding: 9.34b
  • Website: https://www.stacoplc.com

Number of Employees


Location

  • STACO Insurance Plc
  • 209, Herbert Macaulay Way
  • Yaba
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 15:22
End of Day Share Price2021/10/15 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.