PRESTIGE • NSE

Prestige Assurance Plc

0.61

NGN

Open Price

0.61

Previous Close

0.61

Today’s Range

0.61 - 0.61

Number of Deals

Volume Traded

1,237,209.00

Value Traded

695,957.00

52 Weeks High

0.64

52 Weeks Low

0.36

Market Cap

8,084,062,752.90

YTD Price Performance

52.50 %

Prestige Assurance Plc Board Approves H1 2023 Financial Statements; Appoints Smita Srivastava as a Non-Executive Director

July 27th, 2023 at 1:09 PM

Prestige Assurance Plc to Hold Board Meeting on October 26, 2022; Declares Closed Period

October 19th, 2022 at 11:19 AM

Prestige Assurance Plc Announces Early Retirement of Mrs Eunice Aina, Appoints Mr Franklin Agha as Internal Auditor

September 23rd, 2022 at 9:12 AM

Prestige Assurance Plc Notifies on Resolutions Passed at Board Meeting

August 10th, 2022 at 1:10 AM

Prestige Assurance Plc Publishes Unclaimed Dividend List

July 22nd, 2022 at 12:34 PM

Prestige Assurance Plc to Hold Board Meeting on July 27, 2022; Declares Closed Period

July 2nd, 2022 at 11:52 AM

Sir Muftau Oyegunle Retires from Prestige Assurance Plc Board

June 7th, 2022 at 3:03 PM

Q1 2022 Unaudited Financial Statements for the Period ended 31st March 2022 –Prestige Assurance Plc

June 6th, 2022 at 7:32 PM

Prestige Assurance Plc Announces Resolutions Passed at AGM

May 30th, 2022 at 10:36 PM

Prestige Assurance Plc to Hold 52nd AGM on May 26, 2022

May 5th, 2022 at 8:19 PM

Key Stats

Shares Outstanding

13,252,561,890.00

Net Assets

13,611.00

Book Value Per Share

1.03

Sector P/E

867.32

EPS

0.00

P/E

0.00

ROE

0.00

Dividend Yield

4.92

About Company

Prestige Assurance Plc, is one of Nigeria’s leading general insurance Company with offices nationwide. Primed with over 65 years of undisputable insurance services, and a commitment to create long-term value for its clients and stakeholders through strong business fundamentals, consistent with our mission guided by our vision and directed by our company's core values.

Sector

Financial Services

Sub Sector

Insurance Carriers, Brokers and Services

Management

Mr Sarbeswar Sahoo

Eunice O. Aina

Oluwadare O. Emmanuel

Abayomi O. Odulana

Patricia N. Jibirin-Yaro

Vadlamudi Raja

Address

"19, Ligali Ayorinde Street, Victoria Island, Lagos."

Phone No

0805-882-0333

Email Address

[email protected]

Website

prestigeassuranceplc.com/

Board of Directors

Gopalan Raghu

Funmi Oyetunji

Mr Vadlamudi Raja

Dr. Doyin Salami

Sarbeswar Sahoo

Gopalan Srinivasan

Muftau O. Oyegunle

Hemant G. Rokade

Social Media Accounts

Subsidiary

Company Secretary

Abayomi O. Odulana

End of Accounting Year

31 Dec

Listing Date

03/12/1990

Company Registrar

Abayomi Odulana

Regulatory Status

BLS

Free Float

15.46

Auditor

Ernst & young

Shareholding Pattern

Analyst Reports

Prestige Assurance Plc to Hold Board Meeting on March 9, 2023

The Board of Directors of Prestige Assurance Plc shall hold a board meeting on March 9, 2023 to consider the Annual Financial Statements for the year ended December 2022.

March 3rd, 2023 at 12:16 PM

2021 Audited Financial Statements for the Period ended 31st December 2021 – Prestige Assurance Plc

Prestige Assurance Plc released its 2021 Audited results for the period ended December 31st, 2021. Gross Premium Written grew by 32.3% from N7.01bn to N9.27bn, Profit before tax stood at N732.23m, Profit after tax stood at N688.28m, Share Price Currently Stands at N0.40k.

April 19th, 2022 at 8:47 PM

Income

Q2, 2022 and Q2, 2021 Financial Performance Comparison

Profit & loss information

Description	Q 2, 2022 N'm	Q 2, 2021 N'm	% Change
Gross Earnings	0.00	0.00	+ 0.00%
Profit Before Tax	1,086.00	971.00	+ 11.84%
Income Tax Expense	0.00	0.00	+ 0.00%
Taxation	-271.00	-194.00	+ 39.69%
Profit After Tax	814.00	777.00	+ 4.76%
Fixed Assets	1,492.00	1,407.00	+ 6.04%
Total Assets	23,363.00	19,423.00	+ 20.29%
Customers Deposits	0.00	0.00	+ 0.00%
Loans and Advances	0.00	0.00	+ 0.00%
Total Liabilities	9,752.00	6,574.00	+ 48.34%
Borrowings	0.00	0.00	+ 0.00%
Cash Flow From Operating Activities	0.00	0.00	+ 0.00%

Income

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 3, 2021 N'm	Q 2, 2021 N'm
Gross Earnings	0.00	0.00	0.00	0.00	0.00
Gross Premium Written	8,238.00	4,277.00	9,274.00	7,512.00	5,434.00
Revenue	0.00	0.00	0.00	7,512.00	0.00
Turnover	0.00	0.00	0.00	0.00	0.00
Interest And Similar Income	0.00	0.00	0.00	0.00	0.00
Gross Premium Income	6,065.00	3,465.00	8,961.00	6,725.00	4,524.00
Cost Of Sales	0.00	0.00	0.00	0.00	0.00

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 3, 2021 N'm	Q 2, 2021 N'm
Property Plant And Equipment	1,492.00	1,434.00	1,456.00	1,460.00	1,407.00
Fair Value Movements On Equity Instruments	0.00	0.00	0.00	0.00	0.00
Value Through Profit Or Loss	0.00	212.00	0.00	0.00	0.00
Intangible Assets	27.00	28.00	23.00	25.00	26.00
Fair Value Movements On Debt Securities	0.00	0.00	0.00	0.00	0.00
Management Expenses	0.00	0.00	0.00	0.00	0.00
Other Non Current Assets	0.00	0.00	0.00	0.00	0.00

Description	Q 2, 2022 N'm	Q 1, 2022 N'm	Q 4, 2021 N'm	Q 2, 2021 N'm	Q 1, 2021 N'm
Cash Flow From Operating Activities	0.00	0.00	0.00	0.00	0.00
Total Premium Received	0.00	0.00	0.00	0.00	0.00
Receipt From Reinsurance Recovery	0.00	0.00	0.00	0.00	0.00
Reinsurance Premium Paid	-4,606.00	-2,166.00	-4,785.00	-2,758.00	-1,388.00
Profit For The Period	0.00	0.00	0.00	0.00	0.00
Commission Received	1,004.00	447.00	907.00	608.00	284.00
Claims Recoveries	4,219.00	1,737.00	4,053.00	2,158.00	1,184.00

Remark	Date
The Board will consider the Company's Unaudited Financial Statements for the period ended 31st March 2022.	4/27/2022
Consideration of the Financial Statement for the period ended 31 March 2020 and Recapitalization of the Company.	5/27/2020
That the Company's Authorized Capital be increased from the present N2 billion to N3 billion	5/19/2011

Dividend	Dividend Type	Announement Date	Payment Date	Date
0.03	Final	4/17/2019		5/6/2019
0.02	Final	8/24/2012	10/5/2012	9/17/2012
0.06	Final	4/5/2011	8/12/2011	7/26/2011
0.10	Final	6/18/2010	8/2/2010	6/20/2010
0.20				7/31/2009
0.20				7/11/2008
0.15				7/24/2007
0.12				7/18/2006
0.11				8/16/2005
0.18				9/17/2002

Bonus	Bonus Type	Announement Date	Payment Date	Date
2F11	2F11	6/4/2020		6/22/2020
1 for 6	1 for 6	4/5/2011	8/12/2011	7/26/2011
1 for 4	1 for 4			7/11/2008
1 for 4	1 for 4			7/18/2006
1 for 2	1 for 2			8/16/2005
1 for 4	1 for 4			9/18/2001

New Face Value	Old Face Value	Exsplit Date	Announement Date

Book Closure	Address	Announement Date	Date
6/9/2023	Agip Recital Hall, Muson Centre, No. 8/9 Marina ,Onikan, Lagos State	5/31/2023	6/28/2023
6/22/2020	Foyer of Agip Recital Hall, Muson Centre Lagos	6/4/2020	6/30/2020
9/17/2012	MUSON Centre, Onikan, Lagos	8/24/2012	10/4/2012
7/26/2011		4/5/2011	8/11/2011
7/20/2010		6/18/2010	7/29/2010
			8/6/2009

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Technical Rating

Very Bullish
See details
View historical rating

Moving averages

Billish
Moving averages

Billish
Moving averages crossovers

Natural

Pivot levels

Trend	R1	R2	R3	PP	S1	S2	S3
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72
Classic	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72	1,565.72

Note: This is just a sample text, change appropriately.

Moving average

Days
- HTML
- CSS
- JavaScript
5

1,344.77
10

1,344.77
20

1,344.77
50

1,344.77
100

1,344.77
200

1,344.77

Name of chart*

Q 1, 2022

Price to book

0.60
Price to sales

1.89
Dividend yield

4.92
Net Debt

-4,054.00
Price Earning Including Extra Items

0.00
Price Earning Normalized

0.00
Price To Free Cash Flow

-16.60
Price To Tangible Book

0.35

Q 2, 2022

Price to book

0.59
Price to sales

0.98
Dividend yield

4.92
Net Debt

-4,669.00
Price Earning Including Extra Items

9.93
Price Earning Normalized

9.24
Price To Free Cash Flow

38.68
Price To Tangible Book

0.35

Q 1, 2022

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

0.00
Operating Cash Flow/Revenue

-11.39
Operating Profit Margin (%)

0.00
Pretax Margin

14.54

Q 2, 2022

Gross Revenue Margin

100.00
Gross Profit Margin

100.00
Net Interest Margin

0.00
Net Profit Margin

9.88
Operating Cash Flow/Revenue

2.54
Operating Profit Margin (%)

0.00
Pretax Margin

13.18

Q 1, 2022

Book Value Growth Rate

3.09
Capital Expenditure Growth Rate

0.00
Deposit Growth

0.00
Dividend Growth

50.00
EBITDA

0.00
EPS Growth Rate

-100.00
Fixed Asset Growth

-1.51
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

3.09
Net Profit Margin Growth Rate

-100.00
Operating Cash Flow

-487.00
Revenue Growth

-53.88
Shareholder Fund Growth

3.09
Total Assets Growth

6.49
Total Liabilities Growth

58.78

Q 2, 2022

Book Value Growth Rate

1.60
Capital Expenditure Growth Rate

0.00
Deposit Growth

0.00
Dividend Growth

50.00
EBITDA

0.00
EPS Growth Rate

0.00
Fixed Asset Growth

2.47
Impairment Growth

0.00
Loan Growth

0.00
Net Assets growth

1.60
Net Profit Margin Growth Rate

0.00
Operating Cash Flow

209.00
Revenue Growth

92.61
Shareholder Fund Growth

1.60
Total Assets Growth

1.67
Total Liabilities Growth

1.75

Q 1, 2022

Book Value per share

1.01
Cash Per Share

0.33
Dividend Per Share

0.03
EPS Basic Excl. Extra Items

0.00
EPS Excl. Extra Items

0.00
EPS Incl. Extra Items

0.00
EPS Normalized

0.00
Revenue Per Share

0.32

Q 2, 2022

Book Value per share

1.03
Cash Per Share

0.35
Dividend Per Share

0.03
EPS Basic Excl. Extra Items

0.06
EPS Excl. Extra Items

0.06
EPS Incl. Extra Items

0.00
EPS Normalized

0.06
Revenue Per Share

0.62

Q 1, 2022

Acid Test Ratio

0.00
Claims Ratio

-0.13
Cost to Income Ratio

0.00
Current Ratio

0.00
Investment Ratio

0.06
Leverage Ratio

0.02
Liquidity Ratio

0.19
Long Term Debt/Equity

0.02
Net Interest Coverage

0.00
Payout Ratio

0.00
Quick Ratio

0.00
Reserve Ratio

0.00
Total Debt/Total Equity

0.02

Q 2, 2022

Acid Test Ratio

0.00
Claims Ratio

-0.11
Cost to Income Ratio

0.00
Current Ratio

0.00
Investment Ratio

0.08
Leverage Ratio

0.00
Liquidity Ratio

0.20
Long Term Debt/Equity

0.00
Net Interest Coverage

0.00
Payout Ratio

0.49
Quick Ratio

0.00
Reserve Ratio

0.00
Total Debt/Total Equity

0.00

Q 1, 2022

Annual % Change in Highest Directors Pay

-100.00
Annual % Change in PBT

-15.03
Annual % Change in Share Price

19.61
Annual % Change in Staff Cost

-100.00
Asset Turnover

0.19
Dividend Payout Ratio

0.00
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.00
Receivables Turnover

0.00
Return on Assets

0.03
Return on Average Assets

0.00
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

0.11
Revenue/Employee

0.00
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Q 2, 2022

Annual % Change in Highest Directors Pay

0.00
Annual % Change in PBT

74.60
Annual % Change in Share Price

19.61
Annual % Change in Staff Cost

-100.00
Asset Turnover

0.35
Dividend Payout Ratio

0.49
Highest Directors’ Pay to PBT Ratio

0.00
Highest Directors’ Pay to Revenue Ratio

0.00
Highest Directors’ Pay vs PBT

0.00
Highest Directors’ Pay vs Revenue

0.00
Highest Directors’ Pay vs Staff Cost

0.00
Inventory Turnover

0.00
Net Income/Employee

0.00
Receivables Turnover

13.96
Return on Assets

0.05
Return on Average Assets

0.04
Return on Average Equity

0.00
Return on Equity

0.00
Return on Investment

2.34
Revenue/Employee

0.00
Staff Cost vs PBT

0.00
Staff Cost vs Revenue

0.00

Price performance

1 week

8.93%

1 month

-1.61%

3 months

1.67%

6 months

35.56%

9 months

22.00%

1 years

52.50%

Volume analysis

1 week

3018.39%

1 month

440.51%

3 months

-71.64%

6 months

4029.71%

9 months

25.39%

1 years

31648.05%

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