Veritas Kapital Assurance Plc (NGX:VERITASKAP)

Veritas Kapital Assurance Statistics

Total Valuation

NGX:VERITASKAP has a market cap or net worth of NGN 23.16 billion. The enterprise value is 15.67 billion.

Market Cap	23.16B
Enterprise Value	15.67B

Important Dates

The last earnings date was Thursday, April 30, 2026.

Earnings Date	Apr 30, 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 (%)	9.29%
Owned by Institutions (%)	1.42%
Float	5.26B

Valuation Ratios

The trailing PE ratio is 6.38.

PE Ratio	6.38
Forward PE	n/a
PS Ratio	1.73
PB Ratio	1.12
P/TBV Ratio	1.31
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.77, with an EV/FCF ratio of -1.99.

EV / Earnings	4.32
EV / Sales	1.17
EV / EBITDA	2.77
EV / EBIT	2.93
EV / FCF	-1.99

Financial Position

The company has a current ratio of 1.23

Current Ratio	1.23
Quick Ratio	0.74
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 20.92% and return on invested capital (ROIC) is 24.05%.

Return on Equity (ROE)	20.92%
Return on Assets (ROA)	8.39%
Return on Invested Capital (ROIC)	24.05%
Return on Capital Employed (ROCE)	24.15%
Weighted Average Cost of Capital (WACC)	7.79%
Revenue Per Employee	112.23M
Profits Per Employee	30.49M
Employee Count	119
Asset Turnover	0.34
Inventory Turnover	2,666.59

Taxes

In the past 12 months, NGX:VERITASKAP has paid 453.49 million in taxes.

Income Tax	453.49M
Effective Tax Rate	10.32%

Stock Price Statistics

The stock price has increased by +68.69% in the last 52 weeks. The beta is 0.64, so NGX:VERITASKAP's price volatility has been lower than the market average.

Beta (5Y)	0.64
52-Week Price Change	+68.69%
50-Day Moving Average	1.92
200-Day Moving Average	2.01
Relative Strength Index (RSI)	41.00
Average Volume (20 Days)	30,483,400

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 13.36 billion and earned 3.63 billion in profits. Earnings per share was 0.26.

Revenue	13.36B
Gross Profit	12.44B
Operating Income	5.35B
Pretax Income	4.39B
Net Income	3.63B
EBITDA	5.66B
EBIT	5.35B
Earnings Per Share (EPS)	0.26

Balance Sheet

The company has 9.99 billion in cash and n/a in debt, with a net cash position of 9.78 billion or 0.71 per share.

Cash & Cash Equivalents	9.99B
Total Debt	n/a
Net Cash	9.78B
Net Cash Per Share	0.71
Equity (Book Value)	20.76B
Book Value Per Share	1.33
Working Capital	3.43B

Cash Flow

In the last 12 months, operating cash flow was -7.18 billion and capital expenditures -689.43 million, giving a free cash flow of -7.87 billion.

Operating Cash Flow	-7.18B
Capital Expenditures	-689.43M
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	-7.87B
FCF Per Share	-0.57

Margins

Gross margin is 93.13%, with operating and profit margins of 40.05% and 27.17%.

Gross Margin	93.13%
Operating Margin	40.05%
Pretax Margin	32.91%
Profit Margin	27.17%
EBITDA Margin	42.36%
EBIT Margin	40.05%
FCF Margin	n/a

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	7.83%
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	15.67%
FCF Yield	-33.97%

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 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	3