Veritas Kapital Assurance Plc (NGX:VERITASKAP)

Veritas Kapital Assurance Statistics

Total Valuation

NGX:VERITASKAP has a market cap or net worth of NGN 26.35 billion. The enterprise value is 20.56 billion.

Market Cap	26.35B
Enterprise Value	20.56B

Important Dates

The next confirmed earnings date is 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 7.06.

PE Ratio	7.06
Forward PE	n/a
PS Ratio	2.33
PB Ratio	1.38
P/TBV Ratio	1.63
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.08, with an EV/FCF ratio of -6.54.

EV / Earnings	5.51
EV / Sales	1.82
EV / EBITDA	4.08
EV / EBIT	4.33
EV / FCF	-6.54

Financial Position

The company has a current ratio of 1.01

Current Ratio	1.01
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 23.39% and return on invested capital (ROIC) is 23.77%.

Return on Equity (ROE)	23.39%
Return on Assets (ROA)	8.15%
Return on Invested Capital (ROIC)	23.77%
Return on Capital Employed (ROCE)	23.35%
Weighted Average Cost of Capital (WACC)	9.45%
Revenue Per Employee	132.80M
Profits Per Employee	43.92M
Employee Count	85
Asset Turnover	0.31
Inventory Turnover	n/a

Taxes

In the past 12 months, NGX:VERITASKAP has paid 144.94 million in taxes.

Income Tax	144.94M
Effective Tax Rate	3.48%

Stock Price Statistics

The stock price has increased by +79.25% in the last 52 weeks. The beta is 0.95, so NGX:VERITASKAP's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	+79.25%
50-Day Moving Average	2.25
200-Day Moving Average	1.93
Relative Strength Index (RSI)	36.50
Average Volume (20 Days)	15,847,030

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 11.29 billion and earned 3.73 billion in profits. Earnings per share was 0.27.

Revenue	11.29B
Gross Profit	11.80B
Operating Income	4.75B
Pretax Income	4.17B
Net Income	3.73B
EBITDA	5.05B
EBIT	4.75B
Earnings Per Share (EPS)	0.27

Balance Sheet

The company has 8.14 billion in cash and n/a in debt, with a net cash position of 7.97 billion or 0.57 per share.

Cash & Cash Equivalents	8.14B
Total Debt	n/a
Net Cash	7.97B
Net Cash Per Share	0.57
Equity (Book Value)	19.13B
Book Value Per Share	1.22
Working Capital	162.85M

Cash Flow

In the last 12 months, operating cash flow was -2.75 billion and capital expenditures -392.29 million, giving a free cash flow of -3.14 billion.

Operating Cash Flow	-2.75B
Capital Expenditures	-392.29M
Depreciation & Amortization	n/a
Net Borrowing	n/a
Free Cash Flow	-3.14B
FCF Per Share	-0.23

Margins

Gross margin is 104.55%, with operating and profit margins of 42.10% and 33.07%.

Gross Margin	104.55%
Operating Margin	42.10%
Pretax Margin	36.93%
Profit Margin	33.07%
EBITDA Margin	44.70%
EBIT Margin	42.10%
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	7.61%
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	14.17%
FCF Yield	-11.93%

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