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ZAMB

Zambia ReinsuranceLUSE:ZAMBIA RE Stock Report

Market Cap

K84.0m

7D

0%

1Y

n/a

Updated

16 Oct, 2021

Data

Company Financials
ZAMBIA RE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

ZAMBIA RE Overview

Zambia Reinsurance PLC engages in the reinsurance business in Zambia and rest of Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Zambia Reinsurance
Historical stock prices
Current Share PriceK2.80
52 Week HighK0
52 Week LowK0
Beta0
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change0%
5 Year Changen/a
Change since IPO-65.00%

Recent News & Updates

Shareholder Returns

ZAMBIA REZM InsuranceZM Market
7D0%-0.5%0.4%
1Yn/a28.1%76.7%

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.

Price Volatility

Is ZAMBIA RE's price volatile compared to industry and market?
ZAMBIA RE volatility
ZAMBIA RE Beta0
Industry Beta0.81
Market Beta1

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

FoundedEmployeesCEOWebsite
2006n/aExhilda Lumbwehttps://www.prima-re.co.zm

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

How do Zambia Reinsurance's earnings and revenue compare to its market cap?
ZAMBIA RE fundamental statistics
Market CapK84.00m
Earnings (TTM)-K1.72m
Revenue (TTM)K24.20m

0x

P/S Ratio

0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZAMBIA RE income statement (TTM)
RevenueK24.20m
Cost of RevenueK10.98m
Gross ProfitK13.22m
ExpensesK14.94m
Earnings-K1.72m

Last Reported Earnings

Dec 31, 2018

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did ZAMBIA RE perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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.


Future Growth

How is Zambia Reinsurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

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.


Past Performance

How has Zambia Reinsurance performed over the past 5 years?

6.0%

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.


Financial Health

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.


Dividend

What is Zambia Reinsurance current dividend yield, its reliability and sustainability?

1.79%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Exhilda Lumbwe

no data

Tenure

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...


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Zambia Reinsurance PLC's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Zambia Reinsurance PLC
  • Plot 187C
  • Namambozi Road
  • Lusaka
  • Zambia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 18:07
End of Day Share Price2021/07/19 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.