Financials African Alliance Insurance Plc

Equities

AFRINSURE

NGAFRINSURE4

Multiline Insurance & Brokers

End-of-day quote Nigerian S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.2 NGN 0.00% Intraday chart for African Alliance Insurance Plc 0.00% 0.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 10,292 4,117 4,117 4,117 4,117 4,117
Enterprise Value (EV) 1 4,604 1,084 3,501 -13,229 2,893 3,110
P/E ratio -1.65 x -1.53 x -0.58 x 0.73 x 1.74 x -1.45 x
Yield - - - - - -
Capitalization / Revenue 0.95 x 0.45 x 0.31 x 0.14 x 1.26 x 0.5 x
EV / Revenue 0.42 x 0.12 x 0.26 x -0.45 x 0.88 x 0.38 x
EV / EBITDA -0.72 x -0.33 x -0.43 x -2.58 x 1.71 x -0.55 x
EV / FCF -1.39 x -0.61 x -0.13 x -12.1 x 0.2 x 25.4 x
FCF Yield -71.7% -163% -756% -8.27% 503% 3.94%
Price to Book -19.8 x -1.29 x -0.36 x -0.8 x -0.69 x 0.87 x
Nbr of stocks (in thousands) 20,585,000 20,585,000 20,585,000 20,585,000 20,585,000 20,585,000
Reference price 2 0.5000 0.2000 0.2000 0.2000 0.2000 0.2000
Announcement Date 12/24/18 6/3/19 7/24/20 9/30/21 11/22/23 11/22/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 10,852 9,106 13,295 29,314 3,277 8,254
EBITDA 1 -6,407 -3,322 -8,086 5,136 1,687 -5,691
EBIT 1 -6,714 -3,477 -8,225 4,988 1,453 -5,878
Operating Margin -61.87% -38.19% -61.86% 17.02% 44.34% -71.22%
Earnings before Tax (EBT) 1 -6,727 -2,423 -7,019 5,715 2,185 -2,896
Net income 1 -6,245 -2,696 -7,041 5,674 2,369 -2,843
Net margin -57.54% -29.61% -52.96% 19.36% 72.27% -34.45%
EPS 2 -0.3034 -0.1310 -0.3421 0.2756 0.1151 -0.1381
Free Cash Flow 1 -3,301 -1,763 -26,450 1,093 14,568 122.7
FCF margin -30.42% -19.36% -198.95% 3.73% 444.51% 1.49%
FCF Conversion (EBITDA) - - - 21.29% 863.27% -
FCF Conversion (Net income) - - - 19.27% 615.05% -
Dividend per Share - - - - - -
Announcement Date 12/24/18 6/3/19 7/24/20 9/30/21 11/22/23 11/22/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 5,689 3,033 616 17,346 1,224 1,007
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -3,301 -1,763 -26,450 1,093 14,568 123
ROE (net income / shareholders' equity) -253% 146% 96.9% -68.9% -44.3% 797%
ROA (Net income/ Total Assets) -9.38% -5.1% -12.6% 6.47% 1.86% -7.73%
Assets 1 66,580 52,847 55,734 87,648 127,641 36,783
Book Value Per Share 2 -0.0300 -0.1500 -0.5500 -0.2500 -0.2900 0.2300
Cash Flow per Share 2 0.2900 0.1800 0.1000 0.8600 0.0700 0.0600
Capex 1 35.9 318 244 195 209 50.6
Capex / Sales 0.33% 3.5% 1.84% 0.66% 6.37% 0.61%
Announcement Date 12/24/18 6/3/19 7/24/20 9/30/21 11/22/23 11/22/23
1NGN in Million2NGN
Estimates
  1. Stock Market
  2. Equities
  3. AFRINSURE Stock
  4. Financials African Alliance Insurance Plc