Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Mutual Benefits Assurance Ratios and Metrics

Market cap in millions NGN. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 8, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	79,843	12,237	10,632	5,417	6,620	3,017
Market Cap Growth	552.46%	15.09%	96.30%	-18.18%	119.47%	35.66%
Enterprise Value	31,384	-15,979	-12,679	-9,466	-1,455	-519
PE Ratio	4.00	1.14	1.82	5.67	-	0.59
PS Ratio	0.82	0.16	0.22	0.15	0.32	0.13
PB Ratio	1.20	0.22	0.35	0.29	0.33	0.12
P/FCF Ratio	9.90	1.43	1.48	1.36	4.22	1.42
P/OCF Ratio	9.26	1.26	1.39	1.27	3.66	1.31
EV/Sales Ratio	0.32	-	-	-	-	-
EV/EBITDA Ratio	1.29	-	-	-	-	-
EV/EBIT Ratio	1.31	-	-	-	-	-
EV/FCF Ratio	3.89	-	-	-	-	-
Debt / Equity Ratio	0.01	0.01	0.01	0.02	0.12	0.16
Debt / EBITDA Ratio	0.02	0.04	0.04	0.07	-	0.94
Debt / FCF Ratio	0.05	0.05	0.06	0.10	1.49	1.84
Quick Ratio	2.44	1.97	1.93	2.32	1.08	0.82
Current Ratio	2.66	2.24	2.09	2.56	1.20	0.97
Asset Turnover	0.63	0.61	0.47	0.41	0.25	0.31
Return on Equity (ROE)	37.75%	26.70%	24.06%	4.81%	-24.34%	26.05%
Return on Assets (ROA)	9.65%	4.48%	5.56%	4.10%	-2.54%	3.12%
Return on Capital (ROIC)	26.66%	13.47%	22.45%	17.19%	-8.32%	9.43%
Earnings Yield	25.02%	87.86%	55.00%	17.62%	-84.22%	170.13%
FCF Yield	10.10%	70.15%	67.82%	73.70%	23.72%	70.20%
Dividend Yield	0.50%	3.32%	-	-	-	-
Payout Ratio	2.01%	-	-	-	-	-
Buyback Yield / Dilution	-	-	-	-29.17%	-39.02%	-10.58%
Total Shareholder Return	0.49%	3.32%	-	-29.17%	-39.02%	-10.58%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.