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	Oct 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	82,050	12,237	10,632	5,417	6,620	3,017
Market Cap Growth	570.49%	15.09%	96.30%	-18.18%	119.47%	35.66%
Enterprise Value	33,591	-15,979	-12,679	-9,466	-1,455	-519
PE Ratio	4.13	1.14	1.82	5.67	-	0.59
PS Ratio	0.83	0.16	0.22	0.15	0.32	0.13
PB Ratio	1.23	0.22	0.35	0.29	0.33	0.12
P/FCF Ratio	21.42	1.43	1.48	1.36	4.22	1.42
P/OCF Ratio	18.70	1.26	1.39	1.27	3.66	1.31
EV/Sales Ratio	0.34	-	-	-	-	-
EV/EBITDA Ratio	1.47	-	-	-	-	-
EV/EBIT Ratio	1.51	-	-	-	-	-
EV/FCF Ratio	8.77	-	-	-	-	-
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	0.11	0.05	0.06	0.10	1.49	1.84
Quick Ratio	7.45	1.97	1.93	2.32	1.08	0.82
Current Ratio	8.83	2.24	2.09	2.56	1.20	0.97
Asset Turnover	0.64	0.61	0.47	0.41	0.25	0.31
Return on Equity (ROE)	37.83%	26.70%	24.06%	4.81%	-24.34%	26.05%
Return on Assets (ROA)	9.00%	4.48%	5.56%	4.10%	-2.54%	3.12%
Return on Capital (ROIC)	24.88%	13.47%	22.45%	17.19%	-8.32%	9.43%
Earnings Yield	24.40%	87.86%	55.00%	17.62%	-84.22%	170.13%
FCF Yield	4.67%	70.15%	67.82%	73.70%	23.72%	70.20%
Dividend Yield	0.49%	3.32%	-	-	-	-
Payout Ratio	2.00%	-	-	-	-	-
Buyback Yield / Dilution	-1.81%	-	-	-29.17%	-39.02%	-10.58%
Total Shareholder Return	-1.32%	3.32%	-	-29.17%	-39.02%	-10.58%

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