Mutual Benefits Assurance Ratios and Metrics

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 20, 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	71,016	62,189	12,237	10,632	5,417	6,620
Market Cap Growth	129.87%	408.20%	15.09%	96.30%	-18.18%	119.47%
Enterprise Value	37,864	13,731	-15,979	-12,679	-9,466	-1,455
PE Ratio	4.46	3.83	1.14	1.82	5.67	-
PS Ratio	0.78	0.67	0.16	0.22	0.15	0.32
PB Ratio	0.88	0.89	0.22	0.35	0.29	0.33
P/FCF Ratio	37.23	9.70	1.43	1.48	1.36	4.22
P/OCF Ratio	27.73	8.97	1.26	1.39	1.27	3.66
EV/Sales Ratio	0.41	0.15	-	-	-	-
EV/EBITDA Ratio	1.94	0.70	-	-	-	-
EV/EBIT Ratio	1.95	0.72	-	-	-	-
EV/FCF Ratio	19.85	2.14	-	-	-	-
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	0.21	0.06	0.05	0.06	0.10	1.49
Net Debt / Equity Ratio	-0.57	-0.54	-0.89	-1.11	-0.97	-0.59
Net Debt / EBITDA Ratio	-2.35	-1.93	-6.06	-3.59	-3.02	3.87
Net Debt / FCF Ratio	-23.98	-5.92	-5.68	-4.60	-4.60	-7.53
Quick Ratio	2.10	2.06	1.97	1.93	2.32	1.08
Current Ratio	2.54	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)	23.47%	26.37%	26.70%	24.06%	4.81%	-24.34%
Return on Assets (ROA)	6.73%	7.36%	3.63%	5.56%	4.10%	-2.54%
Return on Invested Capital (ROIC)	23.47%	28.10%	16.43%	33.67%	15.92%	-13.31%
Earnings Yield	22.43%	26.10%	87.86%	55.00%	17.62%	-84.22%
FCF Yield	2.69%	10.30%	70.15%	67.82%	73.70%	23.72%
Dividend Yield	1.13%	1.29%	3.32%	-	-	-
Payout Ratio	2.52%	2.47%	-	-	-	-
Buyback Yield / Dilution	-0.12%	-	-	-	-29.17%	-39.02%
Total Shareholder Return	0.97%	1.29%	3.32%	-	-29.17%	-39.02%