Valuation: NEM Insurance Plc

Market Cap 138B 103M 91.81M 84.7M 76.65M 143M 9.76B 146M 1.01B 403M 5.11B 385M 377M 16.18B P/E 2024
1.88x
P/E 2025 5.64x
Enterprise Value 107B 79.63M 71.32M 65.8M 59.55M 111M 7.58B 113M 785M 313M 3.97B 299M 292M 12.57B EV / Sales 2024
0.55x
EV / Sales 2025 0.9x
Free-Float
99%
Yield 2024
9.13%
Yield 2025 5.6%
1 week-1.79%
Current month-4.18%
1 month-4.18%
3 months-19.59%
6 months-11.29%
Current year+2.61%
1 week 27.5
Extreme 27.5
28
1 month 27.5
Extreme 27.5
29.5
Current year 25.5
Extreme 25.5
36
1 year 22.55
Extreme 22.55
36
3 years 5.05
Extreme 5.05
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.($)
0.00%-1.79%-16.41%+444.55% 103M
+2.00%+0.24%+10.68%+50.39% 131B
+1.99%+1.07%+49.79%+164.31% 99.97B
+1.08%-1.77%+48.66%+147.87% 80.75B
+2.29%-1.23%+34.69%+107.56% 63.27B
+1.65%+0.59%+64.98%+194.65% 47.47B
+0.94%+5.45%-15.30%+74.57% 44.26B
+0.30%+2.95%-31.71%+93.87% 44.55B
+1.95%-1.91%+4.44%+36.80% 41.77B
+0.70%+0.17%+51.55%+233.07% 38.94B
Average +1.25%+0.17%+20.14%+154.76% 59.19B
Weighted average by Cap. +1.55%+0.10%+26.50%+116.82%

Financials

2024 2025
Net sales 75.42B 56.04M 50.19M 46.31M 41.9M 78.36M 5.34B 79.63M 552M 220M 2.79B 210M 206M 8.85B 115B 85.7M 76.77M 70.82M 64.09M 120M 8.16B 122M 845M 337M 4.27B 322M 315M 13.53B
Net income 29.21B 21.71M 19.44M 17.94M 16.23M 30.35M 2.07B 30.84M 214M 85.38M 1.08B 81.47M 79.73M 3.43B 23.83B 17.71M 15.86M 14.63M 13.24M 24.76M 1.69B 25.16M 175M 69.65M 883M 66.46M 65.04M 2.8B
Net Debt -13.52B -10.04M -9M -8.3M -7.51M -14.04M -956M -14.27M -99.01M -39.5M -501M -37.69M -36.89M -1.59B -30.79B -22.88M -20.49M -18.9M -17.11M -31.99M -2.18B -32.5M -226M -89.97M -1.14B -85.85M -84.02M -3.61B
Projected Income Statement - Annual - NEM Insurance Plc
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
26-10-29 NGN 27.50 0.00% 406,781
26-10-28 NGN 27.50 0.00% 698,608
26-10-27 NGN 27.50 -1.79% 877,498
26-10-26 NGN 28.00 0.00% 405,185
26-10-23 NGN 28.00 0.00% 172,420
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
27.50NGN
Average target price
46.13NGN
Spread / Average Target
+67.75%