Valuation: NEM Insurance Plc

Market Cap 144B 109M 96.39M 90.14M 82.14M 155M 10.45B 157M 1.09B 422M 5.32B 407M 399M 17.09B P/E 2024
1.88x
P/E 2025 5.64x
Enterprise Value 113B 85.32M 75.78M 70.87M 64.58M 122M 8.21B 123M 857M 332M 4.18B 320M 313M 13.44B EV / Sales 2024
0.55x
EV / Sales 2025 0.9x
Free-Float
99%
Yield 2024
9.13%
Yield 2025 5.6%
1 month-10.03%
3 months+2.14%
6 months-10.03%
Current year+7.09%
1 week 28.7
Extreme 28.7
28.7
1 month 28
Extreme 28
32.75
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.($)
-.--%-.--%+4.36%+421.82% 109M
-0.24%+2.82%-13.23%+52.04% 123B
-2.61%-4.77%+23.20%+124.38% 94.28B
-0.43%-0.48%+29.02%+122.65% 75.43B
-0.38%-2.19%+6.00%+100.71% 56.74B
-2.85%-3.80%-18.66%+98.18% 48.44B
-3.94%-3.59%-11.30%+60.36% 46.8B
-2.25%-5.05%+44.82%+162.47% 44.72B
-0.90%+1.73%-5.26%+25.65% 39.44B
-1.47%-5.30%+45.38%+208.32% 37.37B
Average -1.52%-0.94%+10.43%+137.66% 56.6B
Weighted average by Cap. -1.50%-0.63%+9.11%+100.29%

Financials

2024 2025
Net sales 75.42B 56.85M 50.49M 47.22M 43.03M 81.01M 5.47B 82.12M 571M 221M 2.79B 213M 209M 8.95B 115B 86.94M 77.22M 72.22M 65.81M 124M 8.37B 126M 874M 338M 4.26B 326M 319M 13.69B
Net income 29.21B 22.02M 19.56M 18.29M 16.67M 31.38M 2.12B 31.81M 221M 85.66M 1.08B 82.68M 80.89M 3.47B 23.83B 17.96M 15.96M 14.92M 13.6M 25.6M 1.73B 25.95M 181M 69.88M 881M 67.45M 65.99M 2.83B
Net Debt -13.52B -10.19M -9.05M -8.46M -7.71M -14.52M -981M -14.72M -102M -39.63M -500M -38.25M -37.42M -1.6B -30.79B -23.21M -20.61M -19.28M -17.57M -33.07M -2.23B -33.52M -233M -90.27M -1.14B -87.13M -85.24M -3.65B
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
26-09-30 NGN 28.70 -.--% 276,524
26-09-29 NGN 28.70 -.--% 301,110
26-09-28 NGN 28.70 -.--% 531,082
26-09-25 NGN 28.70 -.--% 1,607,901
26-09-24 NGN 28.70 -.--% 578,308
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
28.70NGN
Average target price
46.13NGN
Spread / Average Target
+60.73%