AIICO Insurance (NSA:AIIC) Altman Z-Score


NSA:AIIC AIICO Insurance PLC NSA:AIIC
44 GF Score
Price ₦4.05
GF Value ₦4.95
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AIICO Insurance Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

NSA:AIIC
44GF Score
AIICO Insurance PLC NSA:AIIC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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:

  • Altman Z-Score:
  • GF Value™: ₦4.95 vs. price of ₦4.05 (18.2% 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

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

₦4.05
Price
₦4.95
GF Value