STACO
Investo's verdict, shared with you
No fair value published
No valuation could be derived for this company from the inputs we hold.
Staco Insurance Plc presents as a deeply distressed insurer with negative shareholders' funds of N8.65bn as of Q2-2021, a loss after tax of N709.5m (widened 152.49% YoY), and gross premiums collapsed 56.49% to N166.2m — indicators of severe solvency impairment rather than a recoverable cyclical trough. The company is engaged in NAICOM-mandated recapitalisation with no completed capital raise confirmed, and financial statements as recent as mid-2026 remain in arrears (2024 audited accounts only just approved in August 2026), undermining any credible valuation anchor. At a market cap of N4.48bn against deeply negative book equity, the stock appears fundamentally mispriced relative to observable financial reality.
Verdict published 2026-08-11 · fundamentals through Q2-2021 · reviewed as the data changes
Verdict moderated to Watch — Avoid was refused
No computed valuation exists for this name.
Source: NGX live market data · Investo intelligence. Educational only — not financial advice.