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VERITASKAP

Veritas Kapital Assurance NGSE:VERITASKAP Stock Report

Last Price

₦0.20

Market Cap

₦2.8b

7D

0%

1Y

-4.8%

Updated

27 Nov, 2022

Data

Company Financials
VERITASKAP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

VERITASKAP Stock Overview

Veritas Kapital Assurance Plc provides non-life insurance products and services to individuals and institutions in Nigeria.

Veritas Kapital Assurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veritas Kapital Assurance
Historical stock prices
Current Share Price₦0.20
52 Week High₦0.25
52 Week Low₦0.20
Beta0.17
1 Month Change0%
3 Month Change0%
1 Year Change-4.76%
3 Year Change0%
5 Year Change-60.00%
Change since IPO-71.93%

Recent News & Updates

Recent updates

Shareholder Returns

VERITASKAPNG InsuranceNG Market
7D0%3.2%5.4%
1Y-4.8%-14.6%-1.2%

Return vs Industry: VERITASKAP exceeded the NG Insurance industry which returned -14.6% over the past year.

Return vs Market: VERITASKAP underperformed the NG Market which returned -1.2% over the past year.

Price Volatility

Is VERITASKAP's price volatile compared to industry and market?
VERITASKAP volatility
VERITASKAP Average Weekly Movement0%
Insurance Industry Average Movement6.5%
Market Average Movement5.4%
10% most volatile stocks in NG Market7.0%
10% least volatile stocks in NG Market2.8%

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

Volatility Over Time: VERITASKAP's weekly volatility has decreased from 6% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
197393Ken Egbaranhttps://veritaskapital.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 energy, bond, fire and special perils, property, household, agriculture, group and personal accident, women’s compensation, 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₦2.77b
Earnings (TTM)₦619.56m
Revenue (TTM)₦5.81b

4.5x

P/E Ratio

0.5x

P/S Ratio

Is VERITASKAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VERITASKAP income statement (TTM)
Revenue₦5.81b
Cost of Revenue₦2.32b
Gross Profit₦3.49b
Other Expenses₦2.87b
Earnings₦619.56m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.045
Gross Margin60.03%
Net Profit Margin10.66%
Debt/Equity Ratio0.0%

How did VERITASKAP perform over the long term?

See historical performance and comparison