NEM Insurance Plc (NGX:NEM)

NEM Insurance Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 137.95 billion. The enterprise value is 130.32 billion.

Market Cap	137.95B
Enterprise Value	130.32B

Important Dates

The last earnings date was Tuesday, October 28, 2025.

Earnings Date	Oct 28, 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 3.82.

PE Ratio	3.82
Forward PE	n/a
PS Ratio	1.17
PB Ratio	1.70
P/TBV Ratio	1.70
P/FCF Ratio	8.63
P/OCF Ratio	8.41
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.53, with an EV/FCF ratio of 8.15.

EV / Earnings	3.60
EV / Sales	1.10
EV / EBITDA	4.53
EV / EBIT	4.64
EV / FCF	8.15

Financial Position

The company has a current ratio of 0.74, with a Debt / Equity ratio of 0.01.

Current Ratio	0.74
Quick Ratio	0.30
Debt / Equity	0.01
Debt / EBITDA	0.01
Debt / FCF	0.03
Interest Coverage	162.86

Financial Efficiency

Return on equity (ROE) is 55.60% and return on invested capital (ROIC) is 26.76%.

Return on Equity (ROE)	55.60%
Return on Assets (ROA)	13.13%
Return on Invested Capital (ROIC)	26.76%
Return on Capital Employed (ROCE)	33.39%
Revenue Per Employee	433.60M
Profits Per Employee	132.97M
Employee Count	272
Asset Turnover	0.88
Inventory Turnover	n/a

Taxes

In the past 12 months, NEM Insurance has paid 5.56 billion in taxes.

Income Tax	5.56B
Effective Tax Rate	13.32%

Stock Price Statistics

The stock price has increased by +227.38% in the last 52 weeks. The beta is 0.70, so NEM Insurance's price volatility has been lower than the market average.

Beta (5Y)	0.70
52-Week Price Change	+227.38%
50-Day Moving Average	29.19
200-Day Moving Average	20.06
Relative Strength Index (RSI)	39.56
Average Volume (20 Days)	735,877

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 117.94 billion and earned 36.17 billion in profits. Earnings per share was 7.21.

Revenue	117.94B
Gross Profit	35.60B
Operating Income	28.09B
Pretax Income	41.76B
Net Income	36.17B
EBITDA	28.51B
EBIT	28.09B
Earnings Per Share (EPS)	7.21

Balance Sheet

The company has 8.06 billion in cash and 426.93 million in debt, giving a net cash position of 7.64 billion or 1.52 per share.

Cash & Cash Equivalents	8.06B
Total Debt	426.93M
Net Cash	7.64B
Net Cash Per Share	1.52
Equity (Book Value)	80.97B
Book Value Per Share	16.14
Working Capital	-20.90B

Cash Flow

In the last 12 months, operating cash flow was 16.40 billion and capital expenditures -409.14 million, giving a free cash flow of 15.99 billion.

Operating Cash Flow	16.40B
Capital Expenditures	-409.14M
Free Cash Flow	15.99B
FCF Per Share	3.19

Margins

Gross margin is 30.18%, with operating and profit margins of 23.82% and 30.67%.

Gross Margin	30.18%
Operating Margin	23.82%
Pretax Margin	35.40%
Profit Margin	30.67%
EBITDA Margin	24.17%
EBIT Margin	23.82%
FCF Margin	13.56%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 3.64%.

Dividend Per Share	1.00
Dividend Yield	3.64%
Dividend Growth (YoY)	66.67%
Years of Dividend Growth	8
Payout Ratio	14.93%
Buyback Yield	n/a
Shareholder Yield	3.64%
Earnings Yield	26.22%
FCF Yield	11.59%

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	5