Coronation Insurance Plc (NGX:WAPIC)

Coronation Insurance Statistics

Total Valuation

NGX:WAPIC has a market cap or net worth of NGN 59.50 billion. The enterprise value is 42.93 billion.

Market Cap	59.50B
Enterprise Value	42.93B

Important Dates

The last earnings date was Tuesday, July 29, 2025.

Earnings Date	Jul 29, 2025
Ex-Dividend Date	n/a

Share Statistics

NGX:WAPIC has 23.99 billion shares outstanding.

Current Share Class	23.99B
Shares Outstanding	23.99B
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.01%
Owned by Institutions (%)	5.18%
Float	9.18B

Valuation Ratios

The trailing PE ratio is 10.97.

PE Ratio	10.97
Forward PE	n/a
PS Ratio	1.09
PB Ratio	1.51
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 49.08, with an EV/FCF ratio of 2.09.

EV / Earnings	7.92
EV / Sales	0.79
EV / EBITDA	49.08
EV / EBIT	n/a
EV / FCF	2.09

Financial Position

The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.02.

Current Ratio	1.84
Quick Ratio	1.12
Debt / Equity	0.02
Debt / EBITDA	n/a
Debt / FCF	0.04
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 14.70% and return on invested capital (ROIC) is -5.61%.

Return on Equity (ROE)	14.70%
Return on Assets (ROA)	-2.42%
Return on Invested Capital (ROIC)	-5.61%
Return on Capital Employed (ROCE)	-4.17%
Revenue Per Employee	313.98M
Profits Per Employee	31.16M
Employee Count	174
Asset Turnover	0.63
Inventory Turnover	n/a

Taxes

In the past 12 months, NGX:WAPIC has paid 2.26 billion in taxes.

Income Tax	2.26B
Effective Tax Rate	29.42%

Stock Price Statistics

The stock price has increased by +210.00% in the last 52 weeks. The beta is 0.05, so NGX:WAPIC's price volatility has been lower than the market average.

Beta (5Y)	0.05
52-Week Price Change	+210.00%
50-Day Moving Average	2.21
200-Day Moving Average	1.97
Relative Strength Index (RSI)	55.74
Average Volume (20 Days)	5,055,989

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:WAPIC had revenue of NGN 54.63 billion and earned 5.42 billion in profits. Earnings per share was 0.23.

Revenue	54.63B
Gross Profit	2.32B
Operating Income	-3.35B
Pretax Income	7.68B
Net Income	5.42B
EBITDA	-2.22B
EBIT	-3.35B
Earnings Per Share (EPS)	0.23

Balance Sheet

The company has 17.44 billion in cash and 875.03 million in debt, giving a net cash position of 16.57 billion or 0.69 per share.

Cash & Cash Equivalents	17.44B
Total Debt	875.03M
Net Cash	16.57B
Net Cash Per Share	0.69
Equity (Book Value)	39.53B
Book Value Per Share	1.65
Working Capital	16.63B

Cash Flow

In the last 12 months, operating cash flow was 21.08 billion and capital expenditures -539.42 million, giving a free cash flow of 20.54 billion.

Operating Cash Flow	21.08B
Capital Expenditures	-539.42M
Free Cash Flow	20.54B
FCF Per Share	0.86

Margins

Gross margin is 4.24%, with operating and profit margins of -6.13% and 9.92%.

Gross Margin	4.24%
Operating Margin	-6.13%
Pretax Margin	14.06%
Profit Margin	9.92%
EBITDA Margin	-4.07%
EBIT Margin	-6.13%
FCF Margin	37.60%

Dividends & Yields

NGX:WAPIC 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
Buyback Yield	n/a
Shareholder Yield	n/a
Earnings Yield	9.11%
FCF Yield	34.52%

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 August 11, 2008. It was a forward split with a ratio of 1.2.

Last Split Date	Aug 11, 2008
Split Type	Forward
Split Ratio	1.2

Scores

Altman Z-Score	n/a
Piotroski F-Score	4