ZAMBIA RE Overview
Zambia Reinsurance PLC engages in the reinsurance business in Zambia and rest of Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||K2.80|
|52 Week High||K0|
|52 Week Low||K0|
|1 Month Change||0%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||0%|
|5 Year Change||n/a|
|Change since IPO||-65.00%|
Recent News & Updates
|ZAMBIA RE||ZM Insurance||ZM Market|
Return vs Industry: Insufficient data to determine how ZAMBIA RE performed against the ZM Insurance industry.
Return vs Market: Insufficient data to determine how ZAMBIA RE performed against the ZM Market.
|ZAMBIA RE volatility|
|ZAMBIA RE Beta||0|
Stable Share Price: Insufficient data to determine ZAMBIA RE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ZAMBIA RE's volatility change over the past year.
About the Company
Zambia Reinsurance PLC engages in the reinsurance business in Zambia and rest of Africa. It underwrites various classes of life and non-life reinsurances, such as fire, motor, miscellaneous accident, engineering, marine and aviation, and agriculture. The company was formerly known as Prima Reinsurance Plc and changed its name to Zambia Reinsurance PLC in February 2021.
Zambia Reinsurance Fundamentals Summary
|ZAMBIA RE fundamental statistics|
Is ZAMBIA RE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ZAMBIA RE income statement (TTM)|
|Cost of Revenue||K10.98m|
Last Reported Earnings
Dec 31, 2018
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did ZAMBIA RE perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Zambia Reinsurance undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: ZAMBIA RE (ZMW2.8) is trading above our estimate of fair value (ZMW0.26)
Significantly Below Fair Value: ZAMBIA RE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate ZAMBIA RE's PE Ratio to determine if it is good value compared to the African Insurance industry average.
PE vs Market: Insufficient data to calculate ZAMBIA RE's PE Ratio to determine if it is good value compared to the ZM market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZAMBIA RE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Insufficient data to calculate ZAMBIA RE's PB Ratio to determine if it is good value.
How is Zambia Reinsurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zambia Reinsurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Zambia Reinsurance performed over the past 5 years?
Historical Insurance annual earnings growth
Earnings and Revenue History
Quality Earnings: Insufficient data to determine if ZAMBIA RE has high quality earnings.
Growing Profit Margin: Insufficient data to determine if ZAMBIA RE's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ZAMBIA RE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare ZAMBIA RE's past year earnings growth to its 5-year average.
Earnings vs Industry: Insufficient data to determine if ZAMBIA RE's earnings growth over the past year exceeded the Insurance industry average.
Return on Equity
High ROE: ZAMBIA RE has a negative Return on Equity (0%), as it is currently unprofitable.
How is Zambia Reinsurance's financial position?
In this section we usually analyse Zambia Reinsurance's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Zambia Reinsurance has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is Zambia Reinsurance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZAMBIA RE's dividend (1.79%) isn’t notable compared to the bottom 25% of dividend payers in the ZM market (2.08%).
High Dividend: ZAMBIA RE's dividend (1.79%) is low compared to the top 25% of dividend payers in the ZM market (9.38%).
Stability and Growth of Payments
Stable Dividend: ZAMBIA RE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ZAMBIA RE has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Mrs. Exhilda Mwinji Lumbwe serves as Managing Director of Zambia Reinsurance PLC (formerly known as Prima Reinsurance Plc). Ms. Lumbwe has worked in the insurance industry for many years, starting in the R...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zambia Reinsurance PLC's employee growth, exchange listings and data sources
- Name: Zambia Reinsurance PLC
- Ticker: ZAMBIA RE
- Exchange: LUSE
- Founded: 2006
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: K84.000m
- Shares outstanding: 30.00m
- Website: https://www.prima-re.co.zm
Number of Employees
- Zambia Reinsurance PLC
- Plot 187C
- Namambozi Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 18:07|
|End of Day Share Price||2021/07/19 00:00|
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 here.