NEM Insurance Plc (NGX:NEM)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
30.00
-1.00 (-3.23%)
At close: May 22, 2026

NEM Insurance Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 150.49 billion. The enterprise value is 135.12 billion.

Market Cap150.49B
Enterprise Value 135.12B

Important Dates

The last earnings date was Wednesday, April 29, 2026.

Earnings Date Apr 29, 2026
Ex-Dividend Date Apr 15, 2026

Share Statistics

NEM Insurance has 5.02 billion shares outstanding. The number of shares has increased by 0.15% in one year.

Current Share Class 5.02B
Shares Outstanding 5.02B
Shares Change (YoY) +0.15%
Shares Change (QoQ) +0.46%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 9.99.

PE Ratio 9.99
Forward PE n/a
PS Ratio 1.45
PB Ratio 1.71
P/TBV Ratio 1.71
P/FCF Ratio 16.99
P/OCF Ratio 16.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.37, with an EV/FCF ratio of 15.26.

EV / Earnings 8.95
EV / Sales 1.31
EV / EBITDA 7.37
EV / EBIT 7.66
EV / FCF 15.26

Financial Position

The company has a current ratio of 1.52, with a Debt / Equity ratio of 0.01.

Current Ratio 1.52
Quick Ratio 0.81
Debt / Equity 0.01
Debt / EBITDA 0.03
Debt / FCF 0.05
Interest Coverage 41.99

Financial Efficiency

Return on equity (ROE) is 18.22% and return on invested capital (ROIC) is 17.31%.

Return on Equity (ROE) 18.22%
Return on Assets (ROA) 6.53%
Return on Invested Capital (ROIC) 17.31%
Return on Capital Employed (ROCE) 12.44%
Weighted Average Cost of Capital (WACC) 7.16%
Revenue Per Employee 370.77M
Profits Per Employee 54.09M
Employee Count279
Asset Turnover 0.61
Inventory Turnover n/a

Taxes

In the past 12 months, NEM Insurance has paid 2.67 billion in taxes.

Income Tax 2.67B
Effective Tax Rate 15.00%

Stock Price Statistics

The stock price has increased by +105.48% in the last 52 weeks. The beta is 0.49, so NEM Insurance's price volatility has been lower than the market average.

Beta (5Y) 0.49
52-Week Price Change +105.48%
50-Day Moving Average 31.69
200-Day Moving Average 30.24
Relative Strength Index (RSI) 44.15
Average Volume (20 Days) 1,399,469

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 103.44 billion and earned 15.09 billion in profits. Earnings per share was 3.00.

Revenue103.44B
Gross Profit 27.75B
Operating Income 17.64B
Pretax Income 17.83B
Net Income 15.09B
EBITDA 18.11B
EBIT 17.64B
Earnings Per Share (EPS) 3.00
Full Income Statement

Balance Sheet

The company has 15.86 billion in cash and 480.37 million in debt, with a net cash position of 15.37 billion or 3.06 per share.

Cash & Cash Equivalents 15.86B
Total Debt 480.37M
Net Cash 15.37B
Net Cash Per Share 3.06
Equity (Book Value) 88.10B
Book Value Per Share 17.56
Working Capital 22.91B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 9.38 billion and capital expenditures -519.74 million, giving a free cash flow of 8.86 billion.

Operating Cash Flow 9.38B
Capital Expenditures -519.74M
Depreciation & Amortization n/a
Net Borrowing -481.25M
Free Cash Flow 8.86B
FCF Per Share 1.77
Full Cash Flow Statement

Margins

Gross margin is 26.83%, with operating and profit margins of 17.06% and 14.59%.

Gross Margin 26.83%
Operating Margin 17.06%
Pretax Margin 17.24%
Profit Margin 14.59%
EBITDA Margin 17.50%
EBIT Margin 17.06%
FCF Margin 8.56%

Dividends & Yields

This stock pays an annual dividend of 1.50, which amounts to a dividend yield of 5.00%.

Dividend Per Share 1.50
Dividend Yield 5.00%
Dividend Growth (YoY) 50.00%
Years of Dividend Growth 9
Payout Ratio 32.86%
Buyback Yield -0.15%
Shareholder Yield 4.85%
Earnings Yield 10.03%
FCF Yield 5.89%
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 3