SOVRENINS
Investo's verdict, shared with you
No fair value published
The derivation ran and was refused by our own plausibility checks — so we publish no number rather than a plausible-looking one.
Why
Our valuation methods disagree
The earnings-based and book-based readings of this company differ by more than 2.5×. That spread is real information, but averaging it would manufacture a number no method actually produced.
What we would need
- Earnings and book value drawn from the same set of accounts, so the two legs can be reconciled.
Show what the engine computed
Method spread · 3.26× between the highest and lowest valuation leg.
Methods disagree · The valuation legs disagree by 3.26x (Blended P/E band ₦0.49 vs Blended P/B band ₦1.4 vs Justified P/B ₦0.43). No point estimate is defensible until the inputs are reconciled.
Sovereign Trust Insurance trades at ₦1.92, representing a 32x P/E and ~1.77x P/B against a peer-median P/E of 8.34x and P/B of 1.29x, placing it materially above every valuation anchor produced by th…
Verdict moderated to Watch — Avoid was refused
The valuation legs disagree by 3.26x, so there is no defensible valuation behind an extreme call.
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.