VERITASKAP Stock Overview
Provides non-life insurance products and services to individuals and institutions in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Veritas Kapital Assurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.23 |
| 52 Week High | ₦1.80 |
| 52 Week Low | ₦0.32 |
| Beta | 0.41 |
| 11 Month Change | -23.13% |
| 3 Month Change | -10.87% |
| 1 Year Change | 232.43% |
| 33 Year Change | 485.71% |
| 5 Year Change | 515.00% |
| Change since IPO | 72.63% |
Recent News & Updates
Recent updates
Shareholder Returns
| VERITASKAP | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -5.4% | 4.6% | -0.04% |
| 1Y | 232.4% | 56.5% | 52.7% |
Return vs Industry: VERITASKAP exceeded the NG Insurance industry which returned 56.5% over the past year.
Return vs Market: VERITASKAP exceeded the NG Market which returned 52.7% over the past year.
Price Volatility
| VERITASKAP volatility | |
|---|---|
| VERITASKAP Average Weekly Movement | 8.5% |
| Insurance Industry Average Movement | 8.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in NG Market | 9.4% |
| 10% least volatile stocks in NG Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1973 | 93 | Adaobi Nwakuche | 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 gas, fire, household, agriculture, group and personal accident, and health insurance products.
Veritas Kapital Assurance Plc Fundamentals Summary
| VERITASKAP fundamental statistics | |
|---|---|
| Market cap | ₦17.06b |
| Earnings (TTM) | ₦4.05b |
| Revenue (TTM) | ₦19.36b |
4.2x
P/E Ratio0.9x
P/S RatioIs VERITASKAP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VERITASKAP income statement (TTM) | |
|---|---|
| Revenue | ₦19.36b |
| Cost of Revenue | ₦16.24b |
| Gross Profit | ₦3.12b |
| Other Expenses | -₦929.69m |
| Earnings | ₦4.05b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.29 |
| Gross Margin | 16.11% |
| Net Profit Margin | 20.91% |
| Debt/Equity Ratio | 0% |
How did VERITASKAP perform over the long term?
See historical performance and comparison