company background image
STDI

Standard Alliance InsuranceNGSE:STDINSURE Stock Report

Market Cap

₦2.6b

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

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

STDINSURE Overview

Standard Alliance Insurance Plc provides general insurance and life assurance products and services to corporate and individual customers in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for Standard Alliance Insurance
Historical stock prices
Current Share Price₦0.20
52 Week High₦0
52 Week Low₦0
Beta0
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change-60.00%
Change since IPO-73.27%

Recent News & Updates

Shareholder Returns

STDINSURENG InsuranceNG Market
7D0%1.1%0.7%
1Y0%33.4%40.9%

Return vs Industry: STDINSURE underperformed the NG Insurance industry which returned 33.4% over the past year.

Return vs Market: STDINSURE underperformed the NG Market which returned 40.9% over the past year.

Price Volatility

Is STDINSURE's price volatile compared to industry and market?
STDINSURE volatility
STDINSURE Beta0
Industry Beta0.69
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1981n/aTayo Awodiyahttps://www.sainsuranceng.com

Standard Alliance Insurance Plc provides general insurance and life assurance products and services to corporate and individual customers in Nigeria. It offers home insurance products, including house owners/householders, burglary and housebreaking, fire and special perils, risk, and computer/electronics insurance products; and personal insurance products, such as motor and group personal accident insurance products. The company also provides business insurances products comprising bonds, consequential loss, fidelity guarantee, goods in transit, machinery breakdown, money, professional indemnity, and public/product liability insurance products.

Standard Alliance Insurance Fundamentals Summary

How do Standard Alliance Insurance's earnings and revenue compare to its market cap?
STDINSURE fundamental statistics
Market Cap₦2.58b
Earnings (TTM)-₦192.98m
Revenue (TTM)₦2.66b

0x

P/S Ratio

0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STDINSURE income statement (TTM)
Revenue₦2.66b
Cost of Revenue₦2.61b
Gross Profit₦51.41m
Expenses₦244.40m
Earnings-₦192.98m

Last Reported Earnings

Sep 30, 2019

Next Earnings Date

n/a

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

How did STDINSURE perform over the long term?

See historical performance and comparison

Valuation

Is Standard Alliance 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 Standard Alliance Insurance is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Standard Alliance 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 Standard Alliance Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

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 Standard Alliance 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 Standard Alliance 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 STDINSURE has high quality earnings.

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


Past Earnings Growth Analysis

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

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

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


Return on Equity

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


Financial Health

How is Standard Alliance Insurance's financial position?


In this section we usually analyse Standard Alliance 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. Standard Alliance 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 Standard Alliance Insurance current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.8yrs

Average management tenure


CEO

Tayo Awodiya

1.75yrs

Tenure

Mr. Tayo Awodiya is Managing Director at Standard Alliance Insurance Plc since 2020. Mr. Awodiya served as General Manager of Business Development, North for SA Insurance Plc. Mr. Awodiya has worked as bot...


Leadership Team

Experienced Management: STDINSURE's management team is considered experienced (2.8 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

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


Key Information

  • Name: Standard Alliance Insurance Plc
  • Ticker: STDINSURE
  • Exchange: NGSE
  • Founded: 1981
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: ₦2.582b
  • Shares outstanding: 12.91b
  • Website: https://www.sainsuranceng.com

Number of Employees


Location

  • Standard Alliance Insurance Plc
  • Plot 1, Providence Street
  • Block 94
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:39
End of Day Share Price2021/10/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.