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WAPIC (WAPIC) is listed on the Nigerian Exchange in the FINANCIAL SERVICES sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
FINANCIAL SERVICES
₦57.1B
N/A
8.48
Current price
₦2.38
Updated Updated 3 min ago
Conviction
79/100
Confidence
Low
Market tone
neutral · 50/100
Entry
Medium · 79/100
Recent price action for WAPIC, so the page starts with the stock itself before the deeper analysis.
The stock is tradable, but the available signals are mixed enough that position size and order discipline still matter.
Valuation view
Looks relatively cheap vs peers
Income view
Income signal not strong yet
Market tone
neutral (50/100) — price action, attention, and recent context all lean here.
Entry view
Medium (79/100) — The company is profitable on the latest reported numbers.
WAPIC is an insurance company that provides risk protection and related services to individuals and businesses in Nigeria. It earns money by collecting insurance premiums and fees, investing those funds, and retaining the difference between premiums collected and claims and operating costs.
Investors usually follow WAPIC for its valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Director dealings
0
Reported buys, sells, and mixed dealings.
Corporate actions
1
Dividend and company notices.
Market events
0
Insider, filing, dividend, and price events.
Source records
14
Captured updates we can trace.
Whisone is bullish because fundamentals are solid at 79/100 while today's volume is only 9% of average. Whisone has high conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROA
7.0%
Return on assets
Debt / equity
0.01
Lower is usually safer.
Debt / assets
0.01
How much assets are funded by liabilities.
P/B ratio
1.15
Useful for book value support.
77/100
Direction
Cautious
Main supports
Business quality and balance-sheet strength are supporting the outlook.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦2.32
Forecast refresh
Updated just now
Quality score
78
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 1d ago
Bulk intraday company price snapshot from NGXPulse.
NGX Pulse bulk price snapshot
Updated 2d ago
Bulk intraday company price snapshot from NGXPulse.
Imported raw materials raise currency sensitivity.
FX volatility / naira devaluation
WAPIC may also move because the FINANCIAL SERVICES sector may move with fx volatility / naira devaluation. Confidence 63%.
Naira devaluation and currency reforms caused large FX-driven gains/losses for banks and underwriters holding foreign-currency securities.
Insurance industry reform
WAPIC may also move because the FINANCIAL SERVICES sector may move with insurance industry reform. Confidence 63%.
The Insurance Industry Reform Act 2025 removed composite business structures, requiring industry participants to unbundle life and general operations.
Regulation / industry reform
WAPIC may also move because the FINANCIAL SERVICES sector may move with regulation / industry reform. Confidence 63%.
The company announced it will split general and life insurance businesses to conform with the Nigeria Insurance Industry Reform Act 2025.
fixed-income yield attraction
WAPIC may also move because the FINANCIAL SERVICES sector may move with fixed-income yield attraction. Confidence 63%.
Rising yields encouraged rotation out of equities into bonds, reducing support for stocks; banks (a large index share) were part of the weakness.
market_downturn
WAPIC may also move because the FINANCIAL SERVICES sector may move with market_downturn. Confidence 63%.
Oando and Aradel (classified in oil and gas) were named among stocks whose price declines pulled the market lower.
WAPIC
WAPIC
Price: ₦2.38
P/E: 8.48
Yield: N/A
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Yield: 1.4%
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P/E: N/A
Yield: N/A
