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NIC Holdings UGSE:NIC Stock Report

Last Price

USh6.20

Market Cap

USh13.2b

7D

0%

1Y

24.0%

Updated

19 Feb, 2024

Data

Company Financials

NIC Stock Overview

NIC Holdings Limited engages in the provision of general and long-term insurance services and related activities for individual customers and businesses in Uganda.

NIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

NIC Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NIC Holdings
Historical stock prices
Current Share PriceUSh6.20
52 Week HighUSh7.00
52 Week LowUSh5.00
Beta0.065
1 Month Change-4.62%
3 Month Change3.33%
1 Year Change24.00%
3 Year Change43.08%
5 Year Change-33.57%
Change since IPO-66.02%

Recent News & Updates

Recent updates

Shareholder Returns

NICUG InsuranceUG Market
7D0%-0.06%-0.4%
1Y24.0%9.8%3.8%

Return vs Industry: NIC exceeded the UG Insurance industry which returned 9.8% over the past year.

Return vs Market: NIC exceeded the UG Market which returned 3.8% over the past year.

Price Volatility

Is NIC's price volatile compared to industry and market?
NIC volatility
NIC Average Weekly Movement2.5%
Insurance Industry Average Movement5.3%
Market Average Movement1.8%
10% most volatile stocks in UG Market5.8%
10% least volatile stocks in UG Market1.4%

Stable Share Price: NIC has not had significant price volatility in the past 3 months.

Volatility Over Time: NIC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964n/aBayo Folayanhttps://www.nic.co.ug

NIC Holdings Limited engages in the provision of general and long-term insurance services and related activities for individual customers and businesses in Uganda. The company offers general insurance products comprising comprehensive cover, workers’ compensation, theft/burglary, fire standard, public liability, house owners, contractors all risks, erection all risks, machinery loss of profits, marine cargo, marine hull, aviation liability, machinery breakdown, goods in transit, professional indemnity, travel, employers liability, computer/electronic equipment, plate glass, aircraft crew personal accident, and contractors plant and machinery. It also provides life insurance products and services, such as individual and group life, education endowment, dividend plus plan, mortgage plus and protection, personal pension and annuity, health and medical, comprehensive insurance package, group employees benefit, annuity contract plan, group assurance plan, nic career plan, microfinance care plan, and family last expenses plan.

NIC Holdings Limited Fundamentals Summary

How do NIC Holdings's earnings and revenue compare to its market cap?
NIC fundamental statistics
Market capUSh13.17b
Earnings (TTM)USh4.22b
Revenue (TTM)USh24.85b

3.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NIC income statement (TTM)
RevenueUSh24.85b
Cost of RevenueUSh8.20b
Gross ProfitUSh16.66b
Other ExpensesUSh12.43b
EarningsUSh4.22b

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.99
Gross Margin67.02%
Net Profit Margin16.99%
Debt/Equity Ratio24.9%

How did NIC perform over the long term?

See historical performance and comparison

Dividends

16.1%

Current Dividend Yield

50%

Payout Ratio
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