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AIICO Insurance (NSA:AIIC) Market Cap : ₦55,640 Mil (As of Apr. 05, 2025)


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What is AIICO Insurance Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). AIICO Insurance's share price for the quarter that ended in Sep. 2024 was ₦1.16. AIICO Insurance's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 36,605 Mil. Therefore, AIICO Insurance's market cap for the quarter that ended in Sep. 2024 was ₦42,462 Mil.

AIICO Insurance's quarterly market cap declined from Mar. 2024 (₦41,730 Mil) to Jun. 2024 (₦35,507 Mil) but then increased from Jun. 2024 (₦35,507 Mil) to Sep. 2024 (₦42,462 Mil).

AIICO Insurance's annual market cap declined from Dec. 2021 (₦29,534 Mil) to Dec. 2022 (₦21,597 Mil) but then increased from Dec. 2022 (₦21,597 Mil) to Dec. 2023 (₦29,284 Mil).

Enterprise Value is 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 and cash equivalents. AIICO Insurance's Enterprise Value for Today is ₦63,123 Mil.


AIICO Insurance Market Cap Historical Data

The historical data trend for AIICO Insurance's Market Cap 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.

* Premium members only.

AIICO Insurance Market Cap Chart

AIICO Insurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 4,989.73 17,727.41 29,534.05 21,597.11 29,284.22

AIICO Insurance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 25,257.64 29,284.22 41,730.01 35,507.12 42,462.12

Competitive Comparison of AIICO Insurance's Market Cap

For the Insurance - Diversified subindustry, AIICO Insurance's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AIICO Insurance's Market Cap distribution charts can be found below:

* The bar in red indicates where AIICO Insurance's Market Cap falls into.


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AIICO Insurance Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

AIICO Insurance's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=₦0.8*36605.276
=₦29,284

AIICO Insurance's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=₦1.16*36605.276
=₦42,462

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


AIICO Insurance Market Cap Related Terms

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AIICO Insurance Business Description

Traded in Other Exchanges
N/A
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.

AIICO Insurance Headlines

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