Coronation Insurance logo
WAPIC logo

Coronation InsuranceNGSE:WAPIC Stock Report

Market Cap ₦64.3b
Share Price
n/a
1Y300.0%
7D9.4%
Portfolio Value
View

Coronation Insurance Plc

NGSE:WAPIC Stock Report

Market Cap: ₦64.3b

WAPIC Stock Overview

Through its subsidiaries, engages in underwriting of life and non-life insurance for individuals and corporate entities. More details

WAPIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends0/6

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Coronation Insurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Coronation Insurance
Historical stock prices
Current Share Price₦2.68
52 Week High₦3.25
52 Week Low₦0.61
Beta0.27
1 Month Change4.69%
3 Month Change157.69%
1 Year Change300.00%
3 Year Change458.33%
5 Year Change737.50%
Change since IPO735.34%

Recent News & Updates

Recent updates

Shareholder Returns

WAPICNG InsuranceNG Market
7D9.4%0.8%-1.0%
1Y300.0%93.0%6.6%

Return vs Industry: WAPIC exceeded the NG Insurance industry which returned 93% over the past year.

Return vs Market: WAPIC exceeded the NG Market which returned 6.6% over the past year.

Price Volatility

Is WAPIC's price volatile compared to industry and market?
WAPIC volatility
WAPIC Average Weekly Movement11.9%
Insurance Industry Average Movement10.1%
Market Average Movement6.2%
10% most volatile stocks in NG Market11.2%
10% least volatile stocks in NG Market3.9%

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

Volatility Over Time: WAPIC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1958140Olamide Olajolocoronation.ng

Coronation Insurance Plc, through its subsidiaries, engages in underwriting of life and non-life insurance for individuals and corporate entities. It operates in two segments, General Business and Life Business. It offers current, escrow, joint, and domiciliary accounts; home, personal accident, car, travel, life, liability, marine, business vehicle, buildings and contents, construction, business interruption, group welfare and life, and bancassurance insurance products; asset management, such as fixed income, private equity, equities, trust services, mutual funds, alternatives, and advisory services; and estate planning, trustee, registrar, and data management services.

Coronation Insurance Plc Fundamentals Summary

How do Coronation Insurance's earnings and revenue compare to its market cap?
WAPIC fundamental statistics
Market cap₦64.30b
Earnings (TTM)₦9.90b
Revenue (TTM)₦59.12b

6.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAPIC income statement (TTM)
Revenue₦59.12b
Cost of Revenue₦28.13b
Gross Profit₦30.99b
Other Expenses₦21.09b
Earnings₦9.90b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin52.42%
Net Profit Margin16.75%
Debt/Equity Ratio0%

How did WAPIC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 21:56
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Coronation Insurance Plc is covered by 1 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
Olufemi AdemolaBGL Research