NEM Insurance Plc (NGX:NEM)

NEM Insurance Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 160.03 billion. The enterprise value is 129.48 billion.

Market Cap	160.03B
Enterprise Value	129.48B

Important Dates

The next estimated earnings date is Monday, April 27, 2026.

Earnings Date	Apr 27, 2026
Ex-Dividend Date	Apr 15, 2026

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 (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 6.72.

PE Ratio	6.72
Forward PE	n/a
PS Ratio	1.39
PB Ratio	1.89
P/TBV Ratio	1.90
P/FCF Ratio	5.13
P/OCF Ratio	5.05
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.55, with an EV/FCF ratio of 4.15.

EV / Earnings	5.43
EV / Sales	1.12
EV / EBITDA	4.55
EV / EBIT	4.67
EV / FCF	4.15

Financial Position

The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.00.

Current Ratio	1.11
Quick Ratio	0.62
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.01
Interest Coverage	64.30

Financial Efficiency

Return on equity (ROE) is 31.89% and return on invested capital (ROIC) is 28.55%.

Return on Equity (ROE)	31.89%
Return on Assets (ROA)	11.18%
Return on Invested Capital (ROIC)	28.55%
Return on Capital Employed (ROCE)	21.57%
Weighted Average Cost of Capital (WACC)	7.89%
Revenue Per Employee	424.06M
Profits Per Employee	87.62M
Employee Count	272
Asset Turnover	0.74
Inventory Turnover	n/a

Taxes

In the past 12 months, NEM Insurance has paid 4.08 billion in taxes.

Income Tax	4.08B
Effective Tax Rate	14.57%

Stock Price Statistics

The stock price has increased by +135.66% in the last 52 weeks. The beta is 0.62, so NEM Insurance's price volatility has been lower than the market average.

Beta (5Y)	0.62
52-Week Price Change	+135.66%
50-Day Moving Average	33.24
200-Day Moving Average	28.85
Relative Strength Index (RSI)	41.54
Average Volume (20 Days)	1,635,673

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 115.34 billion and earned 23.83 billion in profits. Earnings per share was 4.75.

Revenue	115.34B
Gross Profit	37.56B
Operating Income	27.75B
Pretax Income	27.98B
Net Income	23.83B
EBITDA	28.22B
EBIT	27.75B
Earnings Per Share (EPS)	4.75

Balance Sheet

The company has 31.00 billion in cash and 210.97 million in debt, with a net cash position of 30.79 billion or 6.14 per share.

Cash & Cash Equivalents	31.00B
Total Debt	210.97M
Net Cash	30.79B
Net Cash Per Share	6.14
Equity (Book Value)	84.46B
Book Value Per Share	16.79
Working Capital	6.28B

Cash Flow

In the last 12 months, operating cash flow was 31.66 billion and capital expenditures -482.47 million, giving a free cash flow of 31.17 billion.

Operating Cash Flow	31.66B
Capital Expenditures	-482.47M
Depreciation & Amortization	n/a
Net Borrowing	-484.10M
Free Cash Flow	31.17B
FCF Per Share	6.21

Margins

Gross margin is 32.57%, with operating and profit margins of 24.06% and 20.66%.

Gross Margin	32.57%
Operating Margin	24.06%
Pretax Margin	24.25%
Profit Margin	20.66%
EBITDA Margin	24.47%
EBIT Margin	24.06%
FCF Margin	27.03%

Dividends & Yields

This stock pays an annual dividend of 1.50, which amounts to a dividend yield of 4.70%.

Dividend Per Share	1.50
Dividend Yield	4.70%
Dividend Growth (YoY)	50.00%
Years of Dividend Growth	9
Payout Ratio	20.81%
Buyback Yield	n/a
Shareholder Yield	4.70%
Earnings Yield	14.89%
FCF Yield	19.48%

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