Stock AIICO AIICO INSURANCE PLC
Add to a list
To use this feature you must be a member
Log inSign up

Financials AIICO Insurance Plc

Equities

AIICO

NGAIICO00006

Multiline Insurance & Brokers

End-of-day quote Nigerian S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
1 NGN 0.00% Intraday chart for AIICO Insurance Plc 0.00% +25.00%
Jan. 30 AIICO Insurance Plc Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 AIICO Insurance Plc Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 3,604 4,366 4,990 23,361 25,624 21,597
Enterprise Value (EV) 1 586.6 1,366 -2,461 -8,553 133.6 5,682
P/E ratio 4 x 1.8 x 0.87 x 3.42 x 5.28 x 2.9 x
Yield 9.63% 9.5% - - 2.86% 5.08%
Capitalization / Revenue 0.1 x 0.1 x 0.07 x 0.22 x 0.6 x 0.25 x
EV / Revenue 0.02 x 0.03 x -0.03 x -0.08 x 0 x 0.07 x
EV / EBITDA 0.14 x 0.31 x -0.32 x -1.48 x 0.04 x 0.86 x
EV / FCF 0.14 x -0.04 x -1.18 x 0.25 x 0 x -0.13 x
FCF Yield 705% -2,413% -84.9% 399% 22,865% -748%
Price to Book 0.34 x 0.3 x 0.18 x 0.53 x 0.67 x 0.48 x
Nbr of stocks (in thousands) 21,830,144 21,830,144 21,830,144 48,237,619 36,605,276 36,605,276
Reference price 2 0.1651 0.2000 0.2286 0.4843 0.7000 0.5900
Announcement Date 4/6/18 4/17/19 5/9/20 3/31/21 4/1/22 4/3/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 34,773 44,226 71,986 104,544 42,716 86,195
EBITDA 1 4,230 4,368 7,592 5,798 3,755 6,607
EBIT 1 3,699 3,859 7,052 5,161 3,145 5,854
Operating Margin 10.64% 8.73% 9.8% 4.94% 7.36% 6.79%
Earnings before Tax (EBT) 1 3,040 3,496 6,234 4,632 2,807 5,085
Net income 1 1,222 3,044 5,784 5,061 4,853 7,441
Net margin 3.52% 6.88% 8.04% 4.84% 11.36% 8.63%
EPS 2 0.0413 0.1111 0.2635 0.1414 0.1326 0.2033
Free Cash Flow 1 4,135 -32,964 2,088 -34,124 30,545 -42,522
FCF margin 11.89% -74.53% 2.9% -32.64% 71.51% -49.33%
FCF Conversion (EBITDA) 97.75% - 27.51% - 813.49% -
FCF Conversion (Net income) 338.29% - 36.1% - 629.37% -
Dividend per Share 2 0.0159 0.0190 - - 0.0200 0.0300
Announcement Date 4/6/18 4/17/19 5/9/20 3/31/21 4/1/22 4/3/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 3,017 3,000 7,451 31,913 25,490 15,915
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4,135 -32,964 2,088 -34,124 30,545 -42,522
ROE (net income / shareholders' equity) 13.1% 24% 26.8% 15.7% 6.98% 11.2%
ROA (Net income/ Total Assets) 2.72% 2.38% 3.27% 1.6% 0.84% 1.49%
Assets 1 44,917 127,729 176,835 315,827 574,761 501,026
Book Value Per Share 2 0.4800 0.6700 1.280 0.9200 1.040 1.220
Cash Flow per Share 2 0.2400 0.2400 0.4600 0.8700 0.7000 0.4300
Capex 1 399 1,063 1,158 683 859 1,410
Capex / Sales 1.15% 2.4% 1.61% 0.65% 2.01% 1.64%
Announcement Date 4/6/18 4/17/19 5/9/20 3/31/21 4/1/22 4/3/23
1NGN in Million2NGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Multiline Insurance & Brokers

1st Jan change Capi.
AIICO INSURANCE PLC Stock AIICO Insurance Plc
+25.00% 27.52M
ALLIANZ SE Stock Allianz SE
+9.73% 110B
CHUBB LIMITED Stock Chubb Limited
+8.61% 99.66B
MARSH & MCLENNAN COMPANIES Stock Marsh & McLennan Companies
+4.48% 97.53B
ZURICH INSURANCE GROUP LTD Stock Zurich Insurance Group Ltd
+0.07% 69.25B
HARTFORD FINANCIAL SERVICES GROUP (THE), INC. Stock Hartford Financial Services Group (The), Inc.
+18.56% 28.19B
TALANX AG Stock Talanx AG
+10.29% 19.64B
BB SEGURIDADE PARTICIPAÇÕES S.A. Stock BB Seguridade Participações S.A.
-4.64% 12.38B
POWSZECHNY ZAKLAD UBEZPIECZE? SPÓLKA AKCYJNA Stock Powszechny Zaklad Ubezpiecze? Spólka Akcyjna
+8.95% 10.98B
ASR NEDERLAND N.V. Stock ASR Nederland N.V.
+8.55% 10.43B
Other Multiline Insurance & Brokers
  1. Stock Market
  2. Equities
  3. AIICO Stock
  4. Financials AIICO Insurance Plc