Veritas Kapital Assurance Plc (NGX:VERITASKAP)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
0.9300
-0.0300 (-3.12%)
At close: Nov 3, 2026

Veritas Kapital Assurance Statistics

Total Valuation

NGX:VERITASKAP has a market cap or net worth of NGN 12.90 billion. The enterprise value is 5.23 billion.

Market Cap12.90B
Enterprise Value 5.23B

Important Dates

The last earnings date was Thursday, October 15, 2026.

Earnings Date Oct 15, 2026
Ex-Dividend Date n/a

Share Statistics

NGX:VERITASKAP has 13.87 billion shares outstanding.

Current Share Class 13.87B
Shares Outstanding 13.87B
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) 10.05%
Owned by Institutions (%) n/a
Float 4.69B

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.69
PB Ratio 0.42
P/TBV Ratio 0.47
P/FCF Ratio 13.65
P/OCF Ratio 7.07
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.28
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 5.53

Financial Position

The company has a current ratio of 1.11, with zero debt.

Current Ratio 1.11
Quick Ratio 0.76
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -15.75% and return on invested capital (ROIC) is -14.83%.

Return on Equity (ROE) -15.75%
Return on Assets (ROA) -5.05%
Return on Invested Capital (ROIC) -14.83%
Return on Capital Employed (ROCE) -10.25%
Weighted Average Cost of Capital (WACC) 7.40%
Revenue Per Employee 156.09M
Profits Per Employee -36.10M
Employee Count119
Asset Turnover 0.41
Inventory Turnover n/a

Taxes

Income Tax -413.81M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -53.73% in the last 52 weeks. The beta is 0.57, so NGX:VERITASKAP's price volatility has been lower than the market average.

Beta (5Y) 0.57
52-Week Price Change -53.73%
50-Day Moving Average 1.10
200-Day Moving Average 1.65
Relative Strength Index (RSI) 32.02
Average Volume (20 Days) 4,393,184

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, NGX:VERITASKAP had revenue of NGN 18.57 billion and -4.30 billion in losses.

Revenue18.57B
Gross Profit 3.79B
Operating Income -3.67B
Pretax Income -4.36B
Net Income -4.30B
EBITDA -3.34B
EBIT -3.67B
Earnings Per Share (EPS) n/a
Full Income Statement

Balance Sheet

The company has 10.63 billion in cash and no debt, with a net cash position of 10.17 billion or 0.73 per share.

Cash & Cash Equivalents 10.63B
Total Debt n/a
Net Cash 10.17B
Net Cash Per Share 0.73
Equity (Book Value) 30.59B
Book Value Per Share n/a
Working Capital 2.06B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.82 billion and capital expenditures -879.50 million, giving a free cash flow of 944.92 million.

Operating Cash Flow 1.82B
Capital Expenditures -879.50M
Depreciation & Amortization n/a
Net Borrowing n/a
Free Cash Flow 944.92M
FCF Per Share 0.07
Full Cash Flow Statement

Margins

Gross margin is 20.40%, with operating and profit margins of -19.76% and -23.13%.

Gross Margin 20.40%
Operating Margin -19.76%
Pretax Margin -23.45%
Profit Margin -23.13%
EBITDA Margin -17.98%
EBIT Margin -19.76%
FCF Margin 5.09%

Dividends & Yields

NGX:VERITASKAP does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
FCF Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield n/a
Earnings Yield -33.32%
FCF Yield 7.33%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on July 25, 2012. It was a forward split with a ratio of 1.0666666667.

Last Split Date Jul 25, 2012
Split Type Forward
Split Ratio 1.0666666667

Scores

Altman Z-Score n/a
Piotroski F-Score 2