AIICO Insurance (NSA:AIIC) Operating Cash Flow per Share: ₦2.03 (TTM As of Mar. 2026)

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NSA:AIIC AIICO Insurance PLC NSA:AIIC
43 GF Score
Price ₦3.70
GF Value ₦5.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AIICO Insurance Operating Cash Flow per Share?

AIICO Insurance NSA:AIIC 43 Operating Cash Flow per Share is ₦2.03 as of Mar. 2026. GuruFocus rates NSA:AIIC with a GF Score™ of 43/100 and a GF Value™ of ₦5.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 346 Insurance companies, AIICO Insurance ranks worse than 289017.05% on this metric.

AIICO Insurance's operating cash flow per share for the three months ended in Mar. 2026 was ₦1.20. AIICO Insurance's operating cash flow per share for the trailing twelve months (TTM) ended in Mar. 2026 was ₦2.03.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of AIICO Insurance was 27.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for AIICO Insurance's Operating Cash Flow per Share or its related term are showing as below:

During the past 11 years, AIICO Insurance's highest 3-Year average Operating Cash Flow per Share Growth Rate was 121.00% per year. The lowest was -25.20% per year. And the median was 47.90% per year.

NSA:AIIC's 3-Year OCF Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 11.85
* Ranked among companies with meaningful 3-Year OCF Growth Rate only.

AIICO Insurance Operating Cash Flow per Share Related Terms


AIICO Insurance Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for AIICO Insurance's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AIICO Insurance Operating Cash Flow per Share Chart

AIICO Insurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.36 0.99 2.08 3.02

AIICO Insurance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.01 1.04 1.26 1.20

NSA:AIIC vs BRK.A, AIG, HIG: Operating Cash Flow per Share Comparison

For the Insurance - Diversified subindustry, AIICO Insurance's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AIICO Insurance Price-to-Operating-Cash-Flow vs Insurance Industry

For the Insurance industry and Financial Services sector, AIICO Insurance's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where AIICO Insurance's Price-to-Operating-Cash-Flow falls into.


NSA:AIIC
43GF Score
AIICO Insurance PLC NSA:AIIC
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIICO Insurance Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

AIICO Insurance's Operating Cash Flow per Share for the fiscal year that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (A: Dec. 2025 )=Cash Flow from Operations (A: Dec. 2025 )/Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=110410.467/36605.276
=3.02

AIICO Insurance's Operating Cash Flow per Share for the quarter that ended in Dec. 2025 is calculated as

Operating Cash Flow per Share (Q: Mar. 2026 )=Cash Flow from Operations (Q: Mar. 2026 )/Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
=43849.413/36605.276
=1.20

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦2.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of ₦2.03 mean?
AIICO Insurance (NSA:AIIC) has a Operating Cash Flow per Share of ₦2.03 as of Mar. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on AIICO Insurance and its competitors. According to the industry distribution chart, AIICO Insurance ranks #999999 out of 346 companies in the Insurance industry.
Is AIICO Insurance's Operating Cash Flow per Share too high?
AIICO Insurance's current Operating Cash Flow per Share is ₦2.03. Based on the distribution chart, AIICO Insurance ranks #999999 out of 346 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, AIICO Insurance has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's Operating Cash Flow per Share compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #999999 out of 346 companies for Operating Cash Flow per Share. This places AIICO Insurance in the lower half of its industry. The industry median Operating Cash Flow per Share is 11.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for an Insurance company?
The median Operating Cash Flow per Share among Insurance companies is 11.85, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on AIICO Insurance and its competitors. For the Insurance industry, the median Operating Cash Flow per Share is 11.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current Operating Cash Flow per Share is ₦2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.16, compared to a current price of ₦3.70 — trading 28.3% below its estimated fair value. The current Operating Cash Flow per Share is ₦2.03. AIICO Insurance's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current Operating Cash Flow per Share is ₦2.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AIICO Insurance (NSA:AIIC) Overvalued in 2026?

Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued. The current stock price of ₦3.70 is trading 28.3% below its estimated GF Value™ of ₦5.16. GuruFocus considers AIICO Insurance to be Modestly Undervalued.

Key valuation signals for NSA:AIIC:

  • Operating Cash Flow per Share: ₦2.03
  • GF Value™: ₦5.16 vs. price of ₦3.70 (28.3% below fair value)
  • GF Score™: 43/100 with 2 warning signs

No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AIICO Insurance Business Description

Address Churchgate Street, Plot PC 12, AIICO Plaza, Victoria Island, Lagos, NGA
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 business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
43GF Score

Get the complete analysis for NSA:AIIC

Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3.70
Price
₦5.16
GF Value