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VERITASKAP

Veritas Kapital Assurance NGSE:VERITASKAP Stock Report

Last Price

₦0.37

Market Cap

₦4.9b

7D

-5.1%

1Y

85.0%

Updated

04 Dec, 2023

Data

Company Financials

Veritas Kapital Assurance Plc

NGSE:VERITASKAP Stock Report

Mkt Cap: ₦4.9b

VERITASKAP Stock Overview

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

VERITASKAP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

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₦0.37
52 Week High₦0.44
52 Week Low₦0.20
Beta0.15
1 Month Change42.31%
3 Month Change42.31%
1 Year Change85.00%
3 Year Change85.00%
5 Year Change76.19%
Change since IPO-48.07%

Recent News & Updates

Recent updates

Shareholder Returns

VERITASKAPNG InsuranceNG Market
7D-5.1%-2.0%-1.7%
1Y85.0%64.6%52.4%

Return vs Industry: VERITASKAP exceeded the NG Insurance industry which returned 66% over the past year.

Return vs Market: VERITASKAP exceeded the NG Market which returned 54.9% over the past year.

Price Volatility

Is VERITASKAP's price volatile compared to industry and market?
VERITASKAP volatility
VERITASKAP Average Weekly Movement11.1%
Insurance Industry Average Movement6.0%
Market Average Movement5.8%
10% most volatile stocks in NG Market10.0%
10% least volatile stocks in NG Market3.2%

Stable Share Price: VERITASKAP is more volatile than 90% of NG stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: VERITASKAP's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
197386n/ahttps://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, workmen’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₦4.85b
Earnings (TTM)₦1.10b
Revenue (TTM)₦6.06b

4.7x

P/E Ratio

0.8x

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₦6.06b
Cost of Revenue₦2.48b
Gross Profit₦3.58b
Other Expenses₦2.49b
Earnings₦1.10b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.079
Gross Margin59.12%
Net Profit Margin18.09%
Debt/Equity Ratio0%

How did VERITASKAP perform over the long term?

See historical performance and comparison