NEM Insurance Plc (NGX:NEM)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
33.40
-0.60 (-1.76%)
At close: Aug 14, 2026

NEM Insurance Statistics

Total Valuation

NEM Insurance has a market cap or net worth of NGN 167.55 billion. The enterprise value is 154.96 billion.

Market Cap167.55B
Enterprise Value 154.96B

Important Dates

The next estimated earnings date is Friday, October 23, 2026.

Earnings Date Oct 23, 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) -0.46%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 6.34.

PE Ratio 6.34
Forward PE n/a
PS Ratio 1.54
PB Ratio 1.77
P/TBV Ratio 1.77
P/FCF Ratio 6.89
P/OCF Ratio 6.63
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.75, with an EV/FCF ratio of 6.37.

EV / Earnings 5.86
EV / Sales 1.42
EV / EBITDA 4.75
EV / EBIT 4.89
EV / FCF 6.37

Financial Position

The company has a current ratio of 1.46, with a Debt / Equity ratio of 0.00.

Current Ratio 1.46
Quick Ratio 0.48
Debt / Equity 0.00
Debt / EBITDA 0.01
Debt / FCF 0.01
Interest Coverage 79.32

Financial Efficiency

Return on equity (ROE) is 31.09% and return on invested capital (ROIC) is 29.52%.

Return on Equity (ROE) 31.09%
Return on Assets (ROA) 11.20%
Return on Invested Capital (ROIC) 29.52%
Return on Capital Employed (ROCE) 20.86%
Weighted Average Cost of Capital (WACC) 7.12%
Revenue Per Employee 390.24M
Profits Per Employee 94.77M
Employee Count279
Asset Turnover 0.62
Inventory Turnover n/a

Taxes

In the past 12 months, NEM Insurance has paid 4.49 billion in taxes.

Income Tax 4.49B
Effective Tax Rate 14.49%

Stock Price Statistics

The stock price has decreased by -10.93% 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 -10.93%
50-Day Moving Average 30.19
200-Day Moving Average 30.50
Relative Strength Index (RSI) 60.06
Average Volume (20 Days) 1,337,954

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 108.88 billion and earned 26.44 billion in profits. Earnings per share was 5.27.

Revenue108.88B
Gross Profit 42.04B
Operating Income 31.67B
Pretax Income 31.00B
Net Income 26.44B
EBITDA 32.36B
EBIT 31.67B
Earnings Per Share (EPS) 5.27
Full Income Statement

Balance Sheet

The company has 12.95 billion in cash and 362.28 million in debt, with a net cash position of 12.59 billion or 2.51 per share.

Cash & Cash Equivalents 12.95B
Total Debt 362.28M
Net Cash 12.59B
Net Cash Per Share 2.51
Equity (Book Value) 94.57B
Book Value Per Share 18.85
Working Capital 19.05B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 25.26 billion and capital expenditures -930.17 million, giving a free cash flow of 24.33 billion.

Operating Cash Flow 25.26B
Capital Expenditures -930.17M
Depreciation & Amortization n/a
Net Borrowing -356.26M
Free Cash Flow 24.33B
FCF Per Share 4.85
Full Cash Flow Statement

Margins

Gross margin is 38.61%, with operating and profit margins of 29.09% and 24.28%.

Gross Margin 38.61%
Operating Margin 29.09%
Pretax Margin 28.47%
Profit Margin 24.28%
EBITDA Margin 29.72%
EBIT Margin 29.09%
FCF Margin 22.35%

Dividends & Yields

This stock pays an annual dividend of 1.50, which amounts to a dividend yield of 4.41%.

Dividend Per Share 1.50
Dividend Yield 4.41%
Dividend Growth (YoY) 50.00%
Years of Dividend Growth 9
Payout Ratio 28.24%
Buyback Yield n/a
Shareholder Yield 4.41%
Earnings Yield 15.78%
FCF Yield 14.52%
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