Financials Universal Insurance Plc

Equities

UNIVINSURE

NGUNIVINSUR9

Multiline Insurance & Brokers

End-of-day quote Nigerian S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
0.37 NGN +5.71% Intraday chart for Universal Insurance Plc +2.78% +42.31%

Valuation

Fiscal Period: December 2017 2018 2021 2022
Capitalization 1 8,000 3,200 3,200 3,200
Enterprise Value (EV) 1 7,701 2,779 3,003 2,626
P/E ratio 12.6 x -70.2 x 21.1 x 4.79 x
Yield - - - -
Capitalization / Revenue 9.97 x 2.4 x 1.09 x 0.63 x
EV / Revenue 9.6 x 2.08 x 1.03 x 0.52 x
EV / EBITDA -53.1 x 42.4 x 13.1 x 3.49 x
EV / FCF -9.96 x 5.8 x 4.92 x 8.68 x
FCF Yield -10% 17.3% 20.3% 11.5%
Price to Book 0.77 x 0.31 x 0.32 x 0.3 x
Nbr of stocks (in thousands) 16,000,000 16,000,000 16,000,000 16,000,000
Reference price 2 0.5000 0.2000 0.2000 0.2000
Announcement Date 26/07/18 06/08/19 16/06/23 16/06/23
1NGN in Million2NGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2021 2022
Net sales 1 802 1,335 2,924 5,055
EBITDA 1 -145 65.59 229 751.9
EBIT 1 -261.1 -52.63 133.5 632.2
Operating Margin -32.55% -3.94% 4.57% 12.51%
Earnings before Tax (EBT) 1 668.3 -37.94 162.2 682.2
Net income 1 635.9 -45.58 151.4 667.8
Net margin 79.29% -3.41% 5.18% 13.21%
EPS 2 0.0397 -0.002848 0.009464 0.0417
Free Cash Flow 1 -772.9 479.5 609.8 302.5
FCF margin -96.36% 35.92% 20.85% 5.98%
FCF Conversion (EBITDA) - 731.12% 266.26% 40.24%
FCF Conversion (Net income) - - 402.68% 45.3%
Dividend per Share - - - -
Announcement Date 26/07/18 06/08/19 16/06/23 16/06/23
1NGN in Million2NGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2021 2022
Net Debt 1 - - - -
Net Cash position 1 299 421 197 574
Leverage (Debt/EBITDA) - - - -
Free Cash Flow 1 -773 480 610 303
ROE (net income / shareholders' equity) 6.04% -0.44% 1.55% 6.46%
ROA (Net income/ Total Assets) -1.18% -0.24% 0.7% 3.07%
Assets 1 -53,847 19,190 21,528 21,767
Book Value Per Share 2 0.6500 0.6400 0.6300 0.6700
Cash Flow per Share 2 0.0200 0.0300 0.0100 0.0400
Capex 1 18 - 46.3 -
Capex / Sales 2.25% - 1.58% -
Announcement Date 26/07/18 06/08/19 16/06/23 16/06/23
1NGN in Million2NGN
Estimates
  1. Stock Market
  2. Equities
  3. UNIVINSURE Stock
  4. Financials Universal Insurance Plc