NEM Insurance Plc (NGX:NEM)

Accolade Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 127.42 billion. The enterprise value is 116.11 billion.

Market Cap	127.42B
Enterprise Value	116.11B

Important Dates

The last earnings date was Friday, July 25, 2025.

Earnings Date	Jul 25, 2025
Ex-Dividend Date	Apr 28, 2025

Share Statistics

NEM Insurance has 5.02 billion shares outstanding.

Current Share Class	5.02B
Shares Outstanding	5.02B
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	3.02%
Owned by Institutions (%)	7.26%
Float	2.70B

Valuation Ratios

The trailing PE ratio is 3.74.

PE Ratio	3.74
Forward PE	n/a
PS Ratio	1.22
PB Ratio	1.68
P/TBV Ratio	1.68
P/FCF Ratio	7.02
P/OCF Ratio	6.87
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.62, with an EV/FCF ratio of 6.39.

EV / Earnings	3.41
EV / Sales	1.12
EV / EBITDA	4.62
EV / EBIT	4.74
EV / FCF	6.39

Financial Position

The company has a current ratio of 1.85, with a Debt / Equity ratio of 0.01.

Current Ratio	1.85
Quick Ratio	0.65
Debt / Equity	0.01
Debt / EBITDA	0.02
Debt / FCF	0.03
Interest Coverage	120.60

Financial Efficiency

Return on equity (ROE) is 55.77% and return on invested capital (ROIC) is 24.85%.

Return on Equity (ROE)	55.77%
Return on Assets (ROA)	11.67%
Return on Invested Capital (ROIC)	24.85%
Return on Capital Employed (ROCE)	18.87%
Revenue Per Employee	382.57M
Profits Per Employee	125.24M
Employee Count	272
Asset Turnover	0.79
Inventory Turnover	n/a

Taxes

In the past 12 months, NEM Insurance has paid 5.33 billion in taxes.

Income Tax	5.33B
Effective Tax Rate	13.51%

Stock Price Statistics

The stock price has increased by +201.89% in the last 52 weeks. The beta is 0.82, so NEM Insurance's price volatility has been lower than the market average.

Beta (5Y)	0.82
52-Week Price Change	+201.89%
50-Day Moving Average	17.99
200-Day Moving Average	13.25
Relative Strength Index (RSI)	85.48
Average Volume (20 Days)	774,797

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NEM Insurance had revenue of NGN 104.06 billion and earned 34.06 billion in profits. Earnings per share was 6.79.

Revenue	104.06B
Gross Profit	31.32B
Operating Income	24.50B
Pretax Income	39.42B
Net Income	34.06B
EBITDA	24.90B
EBIT	24.50B
Earnings Per Share (EPS)	6.79

Balance Sheet

The company has 11.82 billion in cash and 507.57 million in debt, giving a net cash position of 11.31 billion or 2.25 per share.

Cash & Cash Equivalents	11.82B
Total Debt	507.57M
Net Cash	11.31B
Net Cash Per Share	2.25
Equity (Book Value)	75.93B
Book Value Per Share	15.14
Working Capital	25.50B

Cash Flow

In the last 12 months, operating cash flow was 18.54 billion and capital expenditures -383.19 million, giving a free cash flow of 18.16 billion.

Operating Cash Flow	18.54B
Capital Expenditures	-383.19M
Free Cash Flow	18.16B
FCF Per Share	3.62

Margins

Gross margin is 30.10%, with operating and profit margins of 23.55% and 32.74%.

Gross Margin	30.10%
Operating Margin	23.55%
Pretax Margin	37.88%
Profit Margin	32.74%
EBITDA Margin	23.93%
EBIT Margin	23.55%
FCF Margin	17.45%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 4.17%.

Dividend Per Share	1.00
Dividend Yield	4.17%
Dividend Growth (YoY)	66.67%
Years of Dividend Growth	8
Payout Ratio	14.12%
Buyback Yield	n/a
Shareholder Yield	4.17%
Earnings Yield	26.73%
FCF Yield	14.25%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 29, 2021. It was a reverse split with a ratio of 0.5.

Last Split Date	Dec 29, 2021
Split Type	Reverse
Split Ratio	0.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	4