NEM Insurance PLC NEMI

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEMI is trading at a 293% premium.
Price
NGN 8.78
Fair Value
NGN 24.42
Uncertainty
Extreme
1-Star Price
NGN 26.35
5-Star Price
NGN 6.63
Economic Moat
Sjffc
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
6.86%
Dividend Yield (Forward)
6.86%
Total Yield
6.86%

Company Profile

NEM Insurance PLC provides general insurance and life assurance in Nigeria. The company offers Fire Insurance, General Accident Insurance, Marine, Motor Vehicle Insurance and aviation, Fire, General Accident, and Oil and gas insurance products & services.
Sector
Financial Services
Industry
Insurance - Property & Casualty
Stock Style Box
Small Value
Total Number of Employees

Valuation

Metric
NEMI
Price/Earnings (Normalized)
Price/Book Value
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
NEMI
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
NEMI
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
No chart available

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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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