AIICO Insurance Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '25 Dec 4, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Market Capitalization	128,485	52,346	29,284	21,597	25,624	23,361	Upgrade
Market Cap Growth	192.50%	78.75%	35.59%	-15.71%	9.69%	368.18%	Upgrade
Enterprise Value	100,911	12,267	9,852	-5,867	6,695	117	Upgrade
PE Ratio	7.90	3.47	2.41	4.37	5.28	4.62	Upgrade
PS Ratio	0.78	0.42	0.31	0.26	0.60	0.22	Upgrade
PB Ratio	1.60	0.77	0.56	0.55	0.67	0.67	Upgrade
P/FCF Ratio	3.30	1.20	2.44	-	-	0.75	Upgrade
P/OCF Ratio	3.10	1.15	2.18	-	-	0.73	Upgrade
EV/Sales Ratio	0.61	0.10	0.11	-	0.16	0.00	Upgrade
EV/EBITDA Ratio	1.52	0.33	0.31	-	1.80	0.03	Upgrade
EV/EBIT Ratio	1.54	0.34	0.32	-	2.16	0.04	Upgrade
EV/FCF Ratio	2.59	0.28	0.82	-	-	0.00	Upgrade
Quick Ratio	2.96	1.62	1.45	3.88	1.73	2.21	Upgrade
Current Ratio	3.30	1.79	1.62	4.19	1.92	2.37	Upgrade
Asset Turnover	0.36	0.34	0.32	0.33	0.18	0.52	Upgrade
Return on Equity (ROE)	22.77%	25.24%	26.63%	5.91%	6.98%	15.67%	Upgrade
Return on Assets (ROA)	8.94%	6.20%	6.56%	6.58%	0.83%	1.00%	Upgrade
Return on Capital (ROIC)	56.58%	38.07%	42.20%	41.59%	5.31%	6.05%	Upgrade
Earnings Yield	12.72%	28.90%	41.26%	23.40%	18.94%	21.66%	Upgrade
FCF Yield	30.27%	83.47%	40.94%	-21.29%	-48.47%	133.89%	Upgrade
Dividend Yield	1.99%	5.11%	6.85%	5.86%	3.38%	-	Upgrade
Payout Ratio	15.60%	12.10%	9.09%	14.49%	-	-	Upgrade
Buyback Yield / Dilution	-	-	-	-	-	-67.68%	Upgrade
Total Shareholder Return	1.97%	5.11%	6.85%	5.86%	3.38%	-67.68%	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.