Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AIICO Insurance's Enterprise Value is ₦219,229 Mil.
AIICO Insurance's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₦0 Mil. Therefore, AIICO Insurance's EV-to-EBIT ratio for today is .
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AIICO Insurance's Enterprise Value is ₦219,229 Mil.
AIICO Insurance's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₦0 Mil. Therefore, AIICO Insurance's EV-to-EBITDA ratio for today is .
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AIICO Insurance's Enterprise Value is ₦219,229 Mil.
AIICO Insurance's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₦181,208 Mil. Therefore, AIICO Insurance's EV-to-Revenue ratio for today is 1.21.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, AIICO Insurance's Enterprise Value is ₦219,229 Mil.
AIICO Insurance's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₦70,114 Mil. Therefore, AIICO Insurance's EV-to-FCF ratio for today is 3.13.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
AIICO Insurance (NSA:AIIC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
AIICO Insurance's current Enterprise Value is ₦219,229 Mil.
AIICO Insurance's EBIT 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 ₦0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
AIICO Insurance's current Enterprise Value is ₦219,229 Mil.
AIICO Insurance's EBITDA 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 ₦0 Mil.
AIICO Insurance's current Enterprise Value is ₦219,229 Mil.
AIICO Insurance's Revenue 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 ₦181,208 Mil.
AIICO Insurance's current Enterprise Value is ₦219,229 Mil.
AIICO Insurance's Cash Flow from Operations 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 ₦74,322 Mil.
AIICO Insurance's current Enterprise Value is ₦219,229 Mil.
AIICO Insurance's Free Cash Flow 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 ₦70,114 Mil.
* 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 Enterprise Value Related Terms
AIICO Insurance Enterprise Value Historical Data
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The historical data trend for AIICO Insurance's Enterprise Value 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.
NSA:AIIC vs BRK.A, AIG, HIG: Enterprise Value Comparison
For the Insurance - Diversified subindustry, AIICO Insurance's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's Enterprise Value distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
AIICO Insurance's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of ₦219,229 Mil mean?
AIICO Insurance (NSA:AIIC) has a Enterprise Value of ₦219,229 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AIICO Insurance and its competitors.
Is AIICO Insurance's Enterprise Value too high?
AIICO Insurance's current Enterprise Value is ₦219,229 Mil. Overall, AIICO Insurance has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's Enterprise Value compare to BRK.A and AIG?
AIICO Insurance's Enterprise Value of ₦219,229 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Insurance company?
A good Enterprise Value depends on the Insurance industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AIICO Insurance and its competitors. AIICO Insurance's current Enterprise Value is ₦219,229 Mil. 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 ₦4.95, compared to a current price of ₦4.05 — trading 18.2% below its estimated fair value. The current Enterprise Value is ₦219,229 Mil. AIICO Insurance's overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current Enterprise Value is ₦219,229 Mil as of Jun. 24, 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 ₦4.05 is trading 18.2% below its estimated GF Value™ of ₦4.95.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
Enterprise Value: ₦219,229 Mil
GF Value™: ₦4.95 vs. price of ₦4.05 (18.2% below fair value)
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 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.
44GF Score
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