AIICO InsuranceNSA:AIIC +5.19%44 EV-to-FCF is 3.24 as of Jun. 25, 2026, which is 78% above its 10-year median of 1.82. GuruFocus rates NSA:AIIC with a GF Score™ of 44/100 and a GF Value™ of ₦4.95 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 391 Insurance companies, AIICO Insurance ranks better than 82.35% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AIICO Insurance's Enterprise Value is ₦227,023 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 for today is 3.24.
The historical rank and industry rank for AIICO Insurance's EV-to-FCF or its related term are showing as below:
NSA:AIIC'
s EV-to-FCF Range Over the Past 10 Years
Min: -15.35 Med: 1.82 Max: 9.7
Current: 3.24
During the past 11 years, the highest EV-to-FCF of AIICO Insurance was 9.70. The lowest was -15.35. And the median was 1.82.
NSA:AIIC's EV-to-FCF is ranked better than 82.35% of 391
companies
in the Insurance industry
Industry Median: 9.39
vs NSA:AIIC: 3.24
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
AIICO Insurance's PE Ratio (TTM) for today is calculated as:
AIICO Insurance's share price for today is ₦4.26.
AIICO Insurance's Earnings per Share (Diluted) 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 ₦14.493.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
AIICO Insurance EV-to-FCF Related Terms
AIICO Insurance EV-to-FCF Historical Data
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The historical data trend for AIICO Insurance's EV-to-FCF 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.
For the Insurance - Diversified subindustry, AIICO Insurance's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, AIICO Insurance's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where AIICO Insurance's EV-to-FCF falls into.
AIICO Insurance's current Enterprise Value is ₦227,023 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 (NSA:AIIC) has a EV-to-FCF of 3.24 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AIICO Insurance and its competitors. This is 78% above median its historical median of 1.82. According to the industry distribution chart, AIICO Insurance ranks #69 out of 391 companies in the Insurance industry, placing it in the top 17.6%.
Is AIICO Insurance's EV-to-FCF too high?
AIICO Insurance's current EV-to-FCF of 3.24 is 78% above median its 10-year median of 1.82. The Insurance industry median EV-to-FCF is 9.39. AIICO Insurance's value of 3.24 is 65.5% below this industry median. Based on the distribution chart, AIICO Insurance ranks #69 out of 391 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. 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 EV-to-FCF compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #69 out of 391 companies for EV-to-FCF. This places AIICO Insurance in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 9.39. AIICO Insurance's value of 3.24 is 65.5% below this benchmark. While the company's 10-year median is 1.82 vs. the industry median of 9.39, AIICO Insurance has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Insurance company?
The median EV-to-FCF among Insurance companies is 9.39, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AIICO Insurance's current EV-to-FCF of 3.24 is 65.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AIICO Insurance and its competitors. For the Insurance industry, the median EV-to-FCF is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIICO Insurance's current EV-to-FCF is 3.24, which is 78% above median its own 10-year median of 1.82. 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 ₦4.26 — trading 13.9% below its estimated fair value. The current EV-to-FCF is 3.24, which is 78% above median its 10-year median of 1.82 and 65.5% below the Insurance industry median of 9.39. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current EV-to-FCF is 3.24 as of Jun. 25, 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 ₦4.26 is trading 13.9% below its estimated GF Value™ of ₦4.95.
GuruFocus considers AIICO Insurance to be Modestly Undervalued.
Key valuation signals for NSA:AIIC:
EV-to-FCF: 3.24 (78% above median its 10-year median of 1.82)
GF Value™: ₦4.95 vs. price of ₦4.26 (13.9% below fair value)
Industry Position: 65.5% below the Insurance median (#69 of 391)
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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