Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Nigeria · Delayed Price · Currency is NGN

3.200

+0.050 (1.59%)

At close: Sep 2, 2026

Mutual Benefits Assurance Ratios and Metrics

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

Millions NGN. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	64,196	62,189	12,237	10,632	5,417	6,620
Market Cap Growth	-17.95%	408.20%	15.09%	96.30%	-18.18%	119.47%
Enterprise Value	37,306	13,731	-15,979	-12,679	-9,466	-1,455

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	4.85	3.83	1.14	1.82	5.67	-
PS Ratio	0.68	0.67	0.16	0.22	0.15	0.32
PB Ratio	0.75	0.89	0.22	0.35	0.29	0.33
P/FCF Ratio	-	9.70	1.43	1.48	1.36	4.22
P/OCF Ratio	-	8.97	1.26	1.39	1.27	3.66

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	0.40	0.15	-	-	-	-
EV/EBITDA Ratio	2.01	0.70	-	-	-	-
EV/EBIT Ratio	2.08	0.72	-	-	-	-
EV/FCF Ratio	-	2.14	-	-	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.02	0.12
Debt / EBITDA Ratio	0.02	0.02	0.05	0.04	0.07	-
Debt / FCF Ratio	-	0.06	0.05	0.06	0.10	1.49
Net Debt / Equity Ratio	-0.47	-0.54	-0.89	-1.11	-0.97	-0.59
Net Debt / EBITDA Ratio	-2.18	-1.93	-6.06	-3.59	-3.02	3.87
Net Debt / FCF Ratio	24.64	-5.92	-5.68	-4.60	-4.60	-7.53
Quick Ratio	2.06	2.06	1.97	1.93	2.32	1.08
Current Ratio	2.48	2.36	2.23	2.09	2.56	1.20
Asset Turnover	0.51	0.57	0.61	0.47	0.41	0.25
Return on Equity (ROE)	19.11%	26.37%	26.70%	24.06%	4.81%	-24.34%
Return on Assets (ROA)	6.09%	7.36%	3.63%	5.56%	4.10%	-2.54%
Return on Invested Capital (ROIC)	19.75%	28.10%	16.43%	33.67%	15.92%	-13.31%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	20.64%	26.10%	87.86%	55.00%	17.62%	-84.22%
FCF Yield	-2.57%	10.30%	70.15%	67.82%	73.70%	23.72%
Dividend Yield	1.25%	1.31%	3.36%	-	-	-
Payout Ratio	3.03%	2.47%	-	-	-	-
Buyback Yield / Dilution	-0.55%	-	-	-	-29.17%	-39.02%
Total Shareholder Return	0.70%	1.31%	3.36%	-	-29.17%	-39.02%