Universal Insurance Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	23,040	19,360	10,560	4,160	3,200	3,200
Market Cap Growth	111.76%	83.33%	153.85%	30.00%	-	-
Enterprise Value	19,677	16,635	8,710	2,848	2,547	2,868
PE Ratio	5.13	4.31	5.44	7.85	10.18	21.13
PS Ratio	0.92	0.77	0.78	0.49	0.64	1.09
PB Ratio	1.21	1.02	0.71	0.34	0.31	0.32
P/FCF Ratio	-	-	5.83	15.62	-	-
P/OCF Ratio	-	-	4.21	2.13	-	512.66
EV/Sales Ratio	0.79	0.67	0.64	0.34	0.51	0.98
EV/EBITDA Ratio	3.68	3.11	7.74	5.70	170.26	12.52
EV/EBIT Ratio	4.25	3.59	10.66	9.51	-	21.48
EV/FCF Ratio	-3.16	-	4.81	10.69	-	-
Net Debt / Equity Ratio	-0.18	-0.18	-0.21	-0.09	-0.05	-0.02
Net Debt / EBITDA Ratio	-0.63	-0.63	-2.75	-2.27	-38.35	-0.86
Net Debt / FCF Ratio	0.54	0.54	-1.71	-4.27	4.67	4.92
Quick Ratio	0.84	0.84	1.13	0.67	0.90	0.35
Current Ratio	1.39	1.39	1.84	1.38	1.76	0.57
Asset Turnover	0.99	0.99	0.69	0.55	0.39	0.25
Return on Equity (ROE)	26.46%	26.46%	14.28%	4.70%	3.09%	1.55%
Return on Assets (ROA)	11.46%	11.46%	2.60%	1.22%	-0.51%	0.70%
Return on Invested Capital (ROIC)	25.78%	26.64%	5.86%	2.59%	-0.98%	1.28%
Earnings Yield	19.51%	23.22%	18.38%	12.74%	9.83%	4.73%
FCF Yield	-27.03%	-32.17%	17.17%	6.40%	-3.84%	-1.25%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.