AIICO Insurance (NSA:AIIC) Marketable Securities: ₦36,166 Mil (As of Mar. 2026)


NSA:AIIC AIICO Insurance PLC NSA:AIIC
44 GF Score
Price ₦4.07
GF Value ₦4.98
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AIICO Insurance Marketable Securities?

AIICO Insurance NSA:AIIC +2.01% 44 Marketable Securities is ₦36,166 Mil as of Mar. 2026. GuruFocus rates NSA:AIIC with a GF Score™ of 44/100 and a GF Value™ of ₦4.98 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. AIICO Insurance's Marketable Securities for the quarter that ended in Mar. 2026 was ₦36,166 Mil.

AIICO Insurance's annual Marketable Securities declined from Dec. 2023 (₦20,244 Mil) to Dec. 2024 (₦19,155 Mil) but then increased from Dec. 2024 (₦19,155 Mil) to Dec. 2025 (₦30,424 Mil).

AIICO Insurance  (NSA:AIIC) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

AIICO Insurance Marketable Securities Related Terms

AIICO Insurance Marketable Securities Historical Data

* Premium members only.

The historical data trend for AIICO Insurance's Marketable Securities 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 Marketable Securities Chart

AIICO Insurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,031.74 16,339.69 20,244.35 19,154.64 30,423.69

AIICO Insurance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities 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 25,875.35 22,681.89 27,239.73 30,423.69 36,165.55
NSA:AIIC
44GF Score
AIICO Insurance PLC NSA:AIIC
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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AIICO Insurance Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of ₦36,166 Mil mean?
AIICO Insurance (NSA:AIIC) has a Marketable Securities of ₦36,166 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on AIICO Insurance and its competitors.
Is AIICO Insurance's Marketable Securities too high?
AIICO Insurance's current Marketable Securities is ₦36,166 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 Marketable Securities compare to BRK.A and AIG?
AIICO Insurance's Marketable Securities of ₦36,166 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 Marketable Securities for an Insurance company?
A good Marketable Securities depends on the Insurance industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on AIICO Insurance and its competitors. AIICO Insurance's current Marketable Securities is ₦36,166 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 ₦4.98, compared to a current price of ₦4.07 — trading 18.3% below its estimated fair value. The current Marketable Securities is ₦36,166 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 Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For AIICO Insurance (NSA:AIIC), the current Marketable Securities is ₦36,166 Mil 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 ₦4.07 is trading 18.3% below its estimated GF Value™ of ₦4.98. GuruFocus considers AIICO Insurance to be Modestly Undervalued.

Key valuation signals for NSA:AIIC:

  • Marketable Securities: ₦36,166 Mil
  • GF Value™: ₦4.98 vs. price of ₦4.07 (18.3% below fair value)
  • GF Score™: 44/100 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.
44GF Score

Get the complete analysis for NSA:AIIC

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦4.07
Price
₦4.98
GF Value