NEM Insurance Plc (NGX:NEM)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
33.50
0.00 (0.00%)
At close: Feb 27, 2026

NEM Insurance Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 168.05 billion. The enterprise value is 139.45 billion.

Market Cap168.05B
Enterprise Value 139.45B

Important Dates

The next estimated earnings date is Friday, April 24, 2026.

Earnings Date Apr 24, 2026
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 6.97.

PE Ratio 6.97
Forward PE n/a
PS Ratio 1.02
PB Ratio 1.99
P/TBV Ratio 1.99
P/FCF Ratio 5.58
P/OCF Ratio 5.54
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.40, with an EV/FCF ratio of 4.63.

EV / Earnings 5.79
EV / Sales 0.85
EV / EBITDA 4.40
EV / EBIT 4.49
EV / FCF 4.63

Financial Position

The company has a current ratio of 0.78, with a Debt / Equity ratio of 0.00.

Current Ratio 0.78
Quick Ratio 0.44
Debt / Equity 0.00
Debt / EBITDA 0.01
Debt / FCF 0.01
Interest Coverage 223.51

Financial Efficiency

Return on equity (ROE) is 32.13% and return on invested capital (ROIC) is 32.26%.

Return on Equity (ROE) 32.13%
Return on Assets (ROA) 12.92%
Return on Invested Capital (ROIC) 32.26%
Return on Capital Employed (ROCE) 35.47%
Weighted Average Cost of Capital (WACC) 7.63%
Revenue Per Employee 602.97M
Profits Per Employee 88.59M
Employee Count272
Asset Turnover 1.09
Inventory Turnover n/a

Taxes

In the past 12 months, NEM Insurance has paid 3.83 billion in taxes.

Income Tax 3.83B
Effective Tax Rate 13.70%

Stock Price Statistics

The stock price has increased by +155.73% in the last 52 weeks. The beta is 0.61, so NEM Insurance's price volatility has been lower than the market average.

Beta (5Y) 0.61
52-Week Price Change +155.73%
50-Day Moving Average 31.27
200-Day Moving Average 26.36
Relative Strength Index (RSI) 51.32
Average Volume (20 Days) 1,270,083

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 164.01 billion and earned 24.10 billion in profits. Earnings per share was 4.80.

Revenue164.01B
Gross Profit 40.58B
Operating Income 31.08B
Pretax Income 27.92B
Net Income 24.10B
EBITDA 31.45B
EBIT 31.08B
Earnings Per Share (EPS) 4.80
Full Income Statement

Balance Sheet

The company has 28.96 billion in cash and 357.61 million in debt, with a net cash position of 28.61 billion or 5.70 per share.

Cash & Cash Equivalents 28.96B
Total Debt 357.61M
Net Cash 28.61B
Net Cash Per Share 5.70
Equity (Book Value) 84.56B
Book Value Per Share 16.86
Working Capital -19.81B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 30.31 billion and capital expenditures -214.33 million, giving a free cash flow of 30.10 billion.

Operating Cash Flow 30.31B
Capital Expenditures -214.33M
Free Cash Flow 30.10B
FCF Per Share 6.00
Full Cash Flow Statement

Margins

Gross margin is 24.74%, with operating and profit margins of 18.95% and 14.69%.

Gross Margin 24.74%
Operating Margin 18.95%
Pretax Margin 17.03%
Profit Margin 14.69%
EBITDA Margin 19.18%
EBIT Margin 18.95%
FCF Margin 18.35%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 2.99%.

Dividend Per Share 1.00
Dividend Yield 2.99%
Dividend Growth (YoY) 66.67%
Years of Dividend Growth 9
Payout Ratio 20.58%
Buyback Yield n/a
Shareholder Yield 2.99%
Earnings Yield 14.34%
FCF Yield 17.91%
Dividend Details

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