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Coronation Insurance NGSE:WAPIC Stock Report

Last Price

₦0.69

Market Cap

₦16.6b

7D

7.8%

1Y

72.5%

Updated

25 Apr, 2024

Data

Company Financials

Coronation Insurance Plc

NGSE:WAPIC Stock Report

Market Cap: ₦16.6b

WAPIC Stock Overview

Coronation Insurance Plc, through its subsidiaries, engages in the business of underwriting of life and non-life insurance for individuals and corporate entities.

WAPIC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Coronation Insurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coronation Insurance
Historical stock prices
Current Share Price₦0.69
52 Week High₦0.99
52 Week Low₦0.40
Beta0.38
1 Month Change4.55%
3 Month Change-19.77%
1 Year Change72.50%
3 Year Change38.00%
5 Year Change72.50%
Change since IPO115.07%

Recent News & Updates

Recent updates

Shareholder Returns

WAPICNG InsuranceNG Market
7D7.8%-0.02%-1.1%
1Y72.5%88.2%115.8%

Return vs Industry: WAPIC underperformed the NG Insurance industry which returned 89.2% over the past year.

Return vs Market: WAPIC underperformed the NG Market which returned 116.5% over the past year.

Price Volatility

Is WAPIC's price volatile compared to industry and market?
WAPIC volatility
WAPIC Average Weekly Movement7.5%
Insurance Industry Average Movement9.8%
Market Average Movement7.8%
10% most volatile stocks in NG Market11.8%
10% least volatile stocks in NG Market3.3%

Stable Share Price: WAPIC's share price has been volatile over the past 3 months.

Volatility Over Time: WAPIC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1958149Olamide Olajolowww.coronationinsurance.com.ng

Coronation Insurance Plc, through its subsidiaries, engages in the business of underwriting of life and non-life insurance for individuals and corporate entities. It operates in two segments, General Business and Life Business. The company offers life insurance; personal insurance products, that includes car, personal accident, travel, and home insurance; and bancassurance products.

Coronation Insurance Plc Fundamentals Summary

How do Coronation Insurance's earnings and revenue compare to its market cap?
WAPIC fundamental statistics
Market cap₦16.55b
Earnings (TTM)₦2.63b
Revenue (TTM)₦18.34b

6.3x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAPIC income statement (TTM)
Revenue₦18.34b
Cost of Revenue₦7.95b
Gross Profit₦10.39b
Other Expenses₦7.76b
Earnings₦2.63b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin56.65%
Net Profit Margin14.35%
Debt/Equity Ratio0%

How did WAPIC perform over the long term?

See historical performance and comparison
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