Skip to Content

AIICO Insurance PLC AIIC

Morningstar Rating
Unlock our analysis with Morningstar Investor

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

AIIC is trading within a range we consider fairly valued.
Price
NGN 0.99
Fair Value
NGN 2.60
Uncertainty
Extreme
1-Star Price
NGN 7.92
5-Star Price
NGN 9.18
Economic Moat
Qjbq
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if AIIC is a good fit for your portfolio.

Trading Information

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

Key Statistics

Price/Earnings (Normalized)
6.67
Price/Sales
0.17
Dividend Yield (Trailing)
3.03%
Dividend Yield (Forward)
3.03%
Total Yield
3.03%

Company Profile

AIICO Insurance PLC provides life and health insurance, general insurance, investment management and pension management services as a means to create and protect wealth for individuals, families and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration and Financial Services to organizations and private individuals. The group has four reportable segments: life insurance segment; non-life insurance segment; Health segment; Pension Manager Segment and Asset Management segment. It generates maximum revenue from the Life Insurance Business segment.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Small Value
Total Number of Employees
430

Comparables

Valuation

Metric
AIIC
ELF
PACIFIC1
Price/Earnings (Normalized)
6.674.45
Price/Book Value
0.760.551.56
Price/Sales
0.171.361.15
Price/Cash Flow
83.429.30
Price/Earnings
AIIC
ELF
PACIFIC1

Financial Strength

Metric
AIIC
ELF
PACIFIC1
Quick Ratio
Current Ratio
Interest Coverage
50.1619.04
Quick Ratio
No chart available

Profitability

Metric
AIIC
ELF
PACIFIC1
Return on Assets (Normalized)
2.91%4.47%1.50%
Return on Equity (Normalized)
17.90%16.99%8.60%
Return on Invested Capital (Normalized)
5.41%13.17%8.14%
Return on Assets
AIIC
ELF
PACIFIC1
See how this stock stacks up to its competitors with Morningstar Investor

Insurance - Diversified Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BRK.B
Berkshire Hathaway Inc Class BYwttsfkgygKccr$864.8 Bil
BRK.A
Berkshire Hathaway Inc Class AGrdqrlkpzZybn$859.8 Bil
ALIZY
Allianz SE ADRQsndgspnsByvh$109.4 Bil
AXAHY
AXA SA ADRTzkqzxnTqwc$80.3 Bil
ZURVY
Zurich Insurance Group AG ADRHhjvykxxwtLdflxl$70.0 Bil
AIG
American International Group IncNgzkzrrhNhfc$49.2 Bil
SLF
Sun Life Financial IncGnlglsdsMgct$29.5 Bil
AVVIY
Aviva PLC ADRRzlhdxjtwDwbp$15.4 Bil
AEG
Aegon Ltd ADRFwtpvsbyzJctzw$10.4 Bil
AGESY
Ageas SA/ NV ADRXmrkYxyx$8.4 Bil

Sponsor Center