- Analysis
- Barani Krishnan
- 32
Veritas Kapital Assurance Plc provides non-life insurance products and services to individuals and institutions in Nigeria. The company operates through Non-Life Business, Pension Administration, and Health Care segments. It offers aviation, marine, motor, oil and gas, fire, household, agriculture, group and personal accident, and health insurance products. The company provides engineering insurance products, including contractor’s and erection all risks insurance policies, as well as machinery breakdown insurance. In addition, it is involved in the administration and management of pension fund assets. Veritas Kapital Assurance Plc was formerly known as UnityKapital Assurance Plc changed its name to Veritas Kapital Assurance Plc in April 2018. The company was incorporated in 1973 and is headquartered in Abuja, Nigeria. Veritas Kapital Assurance Plc is a subsidiary of Veritas Capital Limited.
Metrics to compare | VERITASKAP | Peers Peers - average of corresponding metrics from companies closely matching VERITASKAP: REGALINS, LASACO, WAPIC, INTENEGINS, UNIVINSURE | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipVERITASKAPPeersSector |
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P/E Ratio | −107.5x | 4.6x | 9.0x | |
PEG Ratio | 1.02 | 0.04 | 0.03 | |
Price/Book | 1.1x | 1.1x | 1.0x | |
Price / LTM Sales | 1.5x | 0.8x | 2.8x | |
Upside (Analyst Target) | - | 18.2% | 12.2% | |
Fair Value Upside | Unlock | −1.1% | 3.1% | Unlock |