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Veritas Kapital Assurance NGSE:VERITASKAP Stock Report

Last Price

₦1.38

Market Cap

₦19.1b

7D

15.0%

1Y

294.3%

Updated

24 Dec, 2024

Data

Company Financials

Veritas Kapital Assurance Plc

NGSE:VERITASKAP Stock Report

Market Cap: ₦19.1b

VERITASKAP Stock Overview

Provides non-life insurance products and services to individuals and institutions in Nigeria. More details

VERITASKAP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Veritas Kapital Assurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Veritas Kapital Assurance
Historical stock prices
Current Share Price₦1.38
52 Week High₦1.80
52 Week Low₦0.33
Beta0.48
1 Month Change12.20%
3 Month Change-1.43%
1 Year Change294.29%
3 Year Change557.14%
5 Year Change590.00%
Change since IPO93.68%

Recent News & Updates

Recent updates

Shareholder Returns

VERITASKAPNG InsuranceNG Market
7D15.0%14.6%1.9%
1Y294.3%109.6%53.2%

Return vs Industry: VERITASKAP exceeded the NG Insurance industry which returned 107% over the past year.

Return vs Market: VERITASKAP exceeded the NG Market which returned 52.7% over the past year.

Price Volatility

Is VERITASKAP's price volatile compared to industry and market?
VERITASKAP volatility
VERITASKAP Average Weekly Movement8.8%
Insurance Industry Average Movement7.3%
Market Average Movement6.1%
10% most volatile stocks in NG Market8.8%
10% least volatile stocks in NG Market3.1%

Stable Share Price: VERITASKAP's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: VERITASKAP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
197393Adaobi Nwakucheveritaskapital.com

Veritas Kapital Assurance Plc provides non-life insurance products and services to individuals and institutions in Nigeria. The company operates through Non-Life Business, Pension Administration, and Health Care segments. It offers aviation, marine, motor, oil and gas, fire, household, agriculture, group and personal accident, and health insurance products.

Veritas Kapital Assurance Plc Fundamentals Summary

How do Veritas Kapital Assurance's earnings and revenue compare to its market cap?
VERITASKAP fundamental statistics
Market cap₦19.14b
Earnings (TTM)₦4.05b
Revenue (TTM)₦13.33b

4.7x

P/E Ratio

1.4x

P/S Ratio

Is VERITASKAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VERITASKAP income statement (TTM)
Revenue₦13.33b
Cost of Revenue₦10.41b
Gross Profit₦2.92b
Other Expenses-₦1.13b
Earnings₦4.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin21.91%
Net Profit Margin30.36%
Debt/Equity Ratio0%

How did VERITASKAP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:45
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Veritas Kapital Assurance 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.

AnalystInstitution