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SIC Insurance CoXGHA:SIC 51 ROE % is 9.59% as of Dec. 2024, which is 74% above its 10-year median of 5.51. GuruFocus rates XGHA:SIC with a GF Score™ of 51/100 and a GF Value™ of GHS0.58 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 501 Insurance companies, SIC Insurance Co ranks worse than 59.48% on this metric.
The historical rank and industry rank for SIC Insurance Co's ROE % or its related term are showing as below:
XGHA:SIC'
s ROE % Range Over the Past 10 Years
Min: -12.68 Med: 5.51 Max: 23.93
Current: 9.59
During the past 13 years, SIC Insurance Co's highest ROE % was 23.93%. The lowest was -12.68%. And the median was 5.51%.
XGHA:SIC's ROE % is ranked worse than 59.48% of 501
companies
in the Insurance industry
Industry Median: 11.63
vs XGHA:SIC: 9.59
SIC Insurance Co (XGHA:SIC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
SIC Insurance Co ROE % Related Terms
SIC Insurance Co ROE % Historical Data
* Premium members only.
The historical data trend for SIC Insurance Co's ROE % 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 - Property & Casualty subindustry, SIC Insurance Co's ROE %, along with its competitors' market caps and ROE % 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.
SIC Insurance Co ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, SIC Insurance Co's ROE % distribution charts can be found below:
* The bar in red indicates where SIC Insurance Co's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is one times the annual (Dec. 2024) net income data.
ROE % is displayed in the 30-year financial page.
SIC Insurance Co (XGHA:SIC) has a ROE % of 9.59% as of Dec. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on SIC Insurance Co and its competitors. This is 74% above median its historical median of 5.51. According to the industry distribution chart, SIC Insurance Co ranks #298 out of 501 companies in the Insurance industry, placing it in the top 59.5%.
Is SIC Insurance Co's ROE % too high?
SIC Insurance Co's current ROE % of 9.59% is 74% above median its 10-year median of 5.51. The Insurance industry median ROE % is 11.63. SIC Insurance Co's value of 9.59% is 17.5% below this industry median. Based on the distribution chart, SIC Insurance Co ranks #298 out of 501 companies in the Insurance industry, which is below the industry midpoint. Overall, SIC Insurance Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIC Insurance Co's ROE % compare to CB and PGR?
According to the Insurance industry distribution chart, SIC Insurance Co ranks #298 out of 501 companies for ROE %. This places SIC Insurance Co in the lower half of its industry. The industry median ROE % is 11.63. SIC Insurance Co's value of 9.59% is 17.5% below this benchmark. While the company's 10-year median is 5.51 vs. the industry median of 11.63, SIC Insurance Co 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 ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.63, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SIC Insurance Co's current ROE % of 9.59% is 17.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on SIC Insurance Co and its competitors. For the Insurance industry, the median ROE % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIC Insurance Co's current ROE % is 9.59%, which is 74% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIC Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, SIC Insurance Co (XGHA:SIC) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS0.58, compared to a current price of GHS5.80 — trading 900% above its estimated fair value. The current ROE % is 9.59%, which is 74% above median its 10-year median of 5.51 and 17.5% below the Insurance industry median of 11.63. SIC Insurance Co's overall GF Score™ is 51/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For SIC Insurance Co (XGHA:SIC), the current ROE % is 9.59% as of Dec. 2024. 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 SIC Insurance Co (XGHA:SIC) Overvalued in 2026?
Based on GuruFocus' analysis, SIC Insurance Co stock appears to be overvalued.
The current stock price of GHS5.80 is trading 900% above its estimated GF Value™ of GHS0.58.
GuruFocus considers SIC Insurance Co to be Significantly Overvalued.
Key valuation signals for XGHA:SIC:
ROE %: 9.59% (74% above median its 10-year median of 5.51)
GF Value™: GHS0.58 vs. price of GHS5.80 (900% above fair value)
Industry Position: 17.5% below the Insurance median (#298 of 501)
No single metric tells the full story. See the XGHA:SIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products, including Motor insurance, Fire insurance, Marine and aviation insurance, Bonds, Engineering, and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs, as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.
51GF Score
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