Coronation Insurance Plc

NGSE:WAPIC Stock Report

Market Cap: ₦16.1b

Coronation Insurance Past Earnings Performance

Past criteria checks 2/6

Coronation Insurance's earnings have been declining at an average annual rate of -35.4%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 9.3% per year. Coronation Insurance's return on equity is 11.3%, and it has net margins of 14.3%.

Key information

-35.4%

Earnings growth rate

-37.4%

EPS growth rate

Insurance Industry Growth25.4%
Revenue growth rate9.3%
Return on equity11.3%
Net Margin14.3%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Coronation Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGSE:WAPIC Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2318,3442,6321,6760
30 Sep 2314,611-1,4935,4420
30 Jun 2311,940-2,0945,3600
31 Mar 2311,208-2,7385,1970
31 Dec 2211,429-9355,1000
30 Sep 2213,192-1,2653,9060
30 Jun 2212,313-2,4903,9360
31 Mar 2212,505-2,4123,9370
31 Dec 2111,446-2,5833,9490
30 Sep 2110,914-5023,5730
30 Jun 2111,3089463,4220
31 Mar 2110,4481,4803,3680
31 Dec 2010,4391,2023,3520
30 Sep 2010,8182343,7820
30 Jun 2010,6105643,8120
31 Mar 2010,282853,8480
31 Dec 1910,6482143,8800
30 Sep 198,8571,0374,4920
30 Jun 199,2255574,5160
31 Mar 1910,2543694,5190
31 Dec 189,0223514,5560
30 Sep 189,9551,0414,1740
30 Jun 189,6451,2354,1390
31 Mar 188,6531,7374,1140
31 Dec 178,3661,5314,0760
30 Sep 178,4892161,3770
30 Jun 177,3298131,4580
31 Mar 176,8127251,4640
31 Dec 166,4275861,4370
30 Sep 167,0252,4111,1450
30 Jun 167,0701,4471,1080
31 Mar 167,0671,3141,1310
31 Dec 156,9751,2971,1780
30 Sep 155,6561471,0880
30 Jun 154,955771,0850
31 Mar 154,7291901,1830
31 Dec 144,6932371,1810
31 Dec 134,351-2089770

Quality Earnings: WAPIC has high quality earnings.

Growing Profit Margin: WAPIC became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WAPIC's earnings have declined by 35.4% per year over the past 5 years.

Accelerating Growth: WAPIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: WAPIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (104%).


Return on Equity

High ROE: WAPIC's Return on Equity (11.3%) is considered low.


Return on Assets


Return on Capital Employed


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