Valuation : NEM Insurance Plc

Market Cap 155B 116M 99.86M 93.63M 85.47M 161M 11.08B 162M 1.11B 433M 5.59B 435M 426M 18.54B P/E 2024
1.88x
P/E 2025 5.64x
Enterprise Value 124B 92.91M 80.06M 75.06M 68.52M 129M 8.88B 129M 891M 347M 4.48B 349M 341M 14.86B EV / Sales 2024
0.55x
EV / Sales 2025 0.9x
Free-Float
99%
Yield 2024
9.13%
Yield 2025 5.6%
1 day+4.21%
1 week+3.17%
Current month-9.50%
1 month-9.50%
3 months-5.93%
6 months-7.61%
Current year+15.49%
1 week 29.7
Extreme 29.7
32
1 month 28.3
Extreme 28.3
34.7
Current year 25.5
Extreme 25.5
36
1 year 22.55
Extreme 22.55
36
3 years 4.59
Extreme 4.59
39.6
5 years 3.01
Extreme 3.01
39.6
10 years 0.74
Extreme 0.736842
39.6
Manager TitleAgeSince
Chief Executive Officer - 2023-07-02
Director of Finance/CFO - 2020-12-31
Compliance Officer - 2024-06-18
Director TitleAgeSince
Director/Board Member - 2023-08-31
Chairman - 2023-07-31
Director/Board Member - 2023-08-15
Change 5-day change 1-year change 3-year change Capi.($)
+4.21%+3.17%-0.80%+504.49% 116M
+0.84%+4.71%+20.18%+138.47% 91.37B
+0.15%+1.74%+36.24%+129.35% 77.15B
+1.15%+2.66%+28.08%+144.54% 65.89B
+1.23%+3.42%+47.72%+195.21% 46.08B
+0.39%+1.06%-5.40%+31.84% 40.23B
+0.16%+1.54%+44.23%+229.70% 38.13B
+0.70%+1.60%-2.24%+38.27% 34.13B
+0.08%-0.55%+7.99%+30.48% 33.59B
-0.41%+1.34%-3.93%+102.65% 32.65B
Average +0.85%+1.92%+17.21%+154.50% 45.93B
Weighted average by Cap. +0.56%+2.14%+22.25%+123.94%

Financials

2024 2025
Net sales 75.42B 56.29M 48.51M 45.48M 41.52M 78.21M 5.38B 78.46M 540M 211M 2.72B 211M 207M 9.01B 115B 86.09M 74.19M 69.56M 63.5M 120M 8.23B 120M 825M 322M 4.15B 323M 316M 13.77B
Net income 29.21B 21.81M 18.79M 17.62M 16.08M 30.3M 2.08B 30.39M 209M 81.55M 1.05B 81.87M 80.09M 3.49B 23.83B 17.79M 15.33M 14.37M 13.12M 24.72M 1.7B 24.79M 171M 66.53M 858M 66.79M 65.34M 2.85B
Net Debt -13.52B -10.09M -8.69M -8.15M -7.44M -14.02M -964M -14.06M -96.71M -37.73M -487M -37.88M -37.05M -1.61B -30.79B -22.98M -19.8M -18.57M -16.95M -31.93M -2.2B -32.03M -220M -85.94M -1.11B -86.28M -84.4M -3.68B
Logo NEM Insurance Plc
N.E.M. Insurance Plc is a non-life insurance group organized around 7 areas of activity: - car insurance (28.5% of gross written premiums); - fire insurance (22.7%); - accident insurance (17.5%); - oil and gas insurance (15.6%); - marine insurance (13.8%); - reinsurance (1.9%); - agriculture insurance (0.3%). All gross written premiums are in Nigeria.
Employees
279
Date Price Change Volume
26-08-28 NGN 30.95 +4.21% 183,340
26-08-27 NGN 29.70 -7.19% 670,194
26-08-26 NGN 32.00 +6.67% 875,910
26-08-24 NGN 30.00 0.00% 540,625
26-08-21 NGN 30.00 0.00% 230,820
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
30.95NGN
Average target price
46.13NGN
Spread / Average Target
+49.05%