TickerNG
AIICOFinancials

Aiico Insurance Plc

Fundamental Profile & Historical Analysis · NGX-Listed Equity

₦3.83

▲ 0.02 (0.52%)

Close on 23 Oct 2026 · End of day, Nigerian Exchange

Previous close

₦3.81

Day range

₦3.82 – 3.83

52-week range

₦3.04 – 4.78

Volume

3,540,052

Value traded

₦13.6m

₦3.83Fri, 23 Oct 2026Volume 3.5m

4.923.912.9023 Oct 2523 Oct 26

Closing prices as published by the Nigerian Exchange, not adjusted for dividends, share splits or consolidations. Daily for the last year, weekly before that.

Returns

PeriodPriceWith dividendsMarketSector
1D+0.5%+0.5%+0.9%+2.3%
1W-3.3%-3.3%-0.1%-0.6%
1M-2.8%-2.8%-1.5%-7.7%
3M-6.6%-6.6%-0.1%-1.8%
6M-7.9%-5.5%+10.5%+5.1%
YTD+1.1%+3.7%+59.7%+60.7%
1Y+0.3%+2.9%+61.6%+60.7%
3Y+455.1%+524.3%+272.7%+254.9%
5Y+843.2%+1045.0%+492.1%+447.7%

Price returns use closes adjusted for splits and consolidations. “With dividends” adds back cash dividends. Market and sector are TickerNG's own market-cap-weighted price indices built from NGX closes and share counts; they are not NGX's All-Share Index.

Risk and liquidity

Worst fall, 5 years

-38.1%

Below its high now

-19.9%

Volatility, 1 year

51.8%

Beta vs market

1.13

Avg daily volume, 3 months

8,647,912

Days traded, last 63

63

The worst fall ran from Jan 2022 to Sept 2022; the price regained its peak in Jan 2024.

From split-adjusted closes, without dividends. Beta is against TickerNG's own market index (not NGX's), from weekly moves over 156 weeks.

Dividend history

Paid in 1 year in a row · paid in 4 of the last 10 years

YearPer sharePayments
2026₦0.12dividend
2019₦0.06final
2018₦0.05dividend
2017₦0.02dividend

Cash dividends in naira, by the year of the ex-dividend date, from NGX corporate notices. Not a forecast.

Versus financial services peers

AIICO among 42 listed companies in the sector, annual figures for FY2025

MeasureAIICOPeer medianRankAhead of
Market cap₦140bn₦69bn17 of 42—
P/Elower is cheaper6.2×8.1×6 of 1564%
P/Blower is cheaper1.4×1.5×8 of 1756%
ROEhigher is better23.0%15.9%3 of 1788%
ROAhigher is better3.9%6.0%13 of 1829%
Dividend yieldhigher is better3.1%2.0%4 of 1170%

Only companies with the figure are counted. With fewer than five, no percentile is shown. A cheaper P/E is not by itself a better company.

Valuation, with your assumptions

Change any assumption and the values follow. Defaults: the required return is the latest 364-day T-bill stop rate plus 5 points; growth is AIICO's own dividend growth where it has a record.

Dividend discount

₦0.69

-82% vs price

Starts from ₦0.06 a share (2019 payments).

Discounted earnings

₦3.20

-16% vs price

From earnings of ₦0.62 a share.

Peer multiples (financial services)

₦2.96 to ₦10.52

+31% vs price

P/E at the peers' quartiles; at the median P/B: ₦4.13. Peers are not identical businesses.

Discounted earnings: value per share as the required return (across) and growth (down) change

Growth \ Return23.0%24.0%25.0%26.0%27.0%
13.0%₦3.35₦3.16₦3.00₦2.84₦2.70
14.0%₦3.47₦3.27₦3.10₦2.94₦2.80
15.0%₦3.59₦3.39₦3.20₦3.04₦2.89
16.0%₦3.72₦3.50₦3.31₦3.14₦2.98
17.0%₦3.84₦3.62₦3.42₦3.25₦3.08

These are tools for testing a view, not forecasts or advice. A result is only as sound as the assumptions: the dividend model needs a steady payer, and earnings are not cash. A blank value means the inputs cannot give one (for example a required return at or below growth).

Key Metrics — FY2024 Source: annual report ↗

Revenue

—

Profit After Tax

₦15.1bn

Total Assets

—

Total Equity

—

EPS (Basic)

₦0.41

Net Margin

—

Return on Equity

—

TickerNG provides research and information only. Nothing here is a recommendation to buy, sell or hold any security, and TickerNG is not a licensed investment adviser or broker. Figures are taken from company filings and market data and may be incomplete, delayed or restated, so check them against the linked source. Reports are generated with AI from that data and can contain errors. Past performance does not predict future results, and you can lose money. Make your own decision, or speak to a licensed adviser. Terms

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