Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 82.05 billion. The enterprise value is 33.59 billion.

Market Cap	82.05B
Enterprise Value	33.59B

Important Dates

The last earnings date was Wednesday, October 29, 2025.

Earnings Date	Oct 29, 2025
Ex-Dividend Date	Jul 25, 2025

Share Statistics

NGX:MBENEFIT has 20.06 billion shares outstanding. The number of shares has increased by 1.81% in one year.

Current Share Class	20.06B
Shares Outstanding	20.06B
Shares Change (YoY)	+1.81%
Shares Change (QoQ)	-6.25%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 4.13.

PE Ratio	4.13
Forward PE	n/a
PS Ratio	0.83
PB Ratio	1.23
P/TBV Ratio	1.70
P/FCF Ratio	21.42
P/OCF Ratio	18.70
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.47, with an EV/FCF ratio of 8.77.

EV / Earnings	1.68
EV / Sales	0.34
EV / EBITDA	1.47
EV / EBIT	1.51
EV / FCF	8.77

Financial Position

The company has a current ratio of 8.83, with a Debt / Equity ratio of 0.01.

Current Ratio	8.83
Quick Ratio	7.45
Debt / Equity	0.01
Debt / EBITDA	0.02
Debt / FCF	0.10
Interest Coverage	18.81

Financial Efficiency

Return on equity (ROE) is 37.83% and return on invested capital (ROIC) is 24.88%.

Return on Equity (ROE)	37.83%
Return on Assets (ROA)	9.00%
Return on Invested Capital (ROIC)	24.88%
Return on Capital Employed (ROCE)	13.88%
Revenue Per Employee	287.05M
Profits Per Employee	58.03M
Employee Count	345
Asset Turnover	0.64
Inventory Turnover	n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 276.63 million in taxes.

Income Tax	276.63M
Effective Tax Rate	1.30%

Stock Price Statistics

The stock price has increased by +570.49% in the last 52 weeks. The beta is 1.28, so NGX:MBENEFIT's price volatility has been higher than the market average.

Beta (5Y)	1.28
52-Week Price Change	+570.49%
50-Day Moving Average	3.92
200-Day Moving Average	1.83
Relative Strength Index (RSI)	57.11
Average Volume (20 Days)	6,095,048

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NGX:MBENEFIT had revenue of NGN 99.03 billion and earned 20.02 billion in profits. Earnings per share was 0.99.

Revenue	99.03B
Gross Profit	26.80B
Operating Income	22.27B
Pretax Income	21.29B
Net Income	20.02B
EBITDA	22.82B
EBIT	22.27B
Earnings Per Share (EPS)	0.99

Balance Sheet

The company has 53.95 billion in cash and 400.87 million in debt, giving a net cash position of 53.55 billion or 2.67 per share.

Cash & Cash Equivalents	53.95B
Total Debt	400.87M
Net Cash	53.55B
Net Cash Per Share	2.67
Equity (Book Value)	66.80B
Book Value Per Share	3.18
Working Capital	63.04B

Cash Flow

In the last 12 months, operating cash flow was 4.39 billion and capital expenditures -558.12 million, giving a free cash flow of 3.83 billion.

Operating Cash Flow	4.39B
Capital Expenditures	-558.12M
Free Cash Flow	3.83B
FCF Per Share	0.19

Margins

Gross margin is 27.06%, with operating and profit margins of 22.49% and 20.22%.

Gross Margin	27.06%
Operating Margin	22.49%
Pretax Margin	21.49%
Profit Margin	20.22%
EBITDA Margin	23.05%
EBIT Margin	22.49%
FCF Margin	3.87%

Dividends & Yields

This stock pays an annual dividend of 0.02, which amounts to a dividend yield of 0.49%.

Dividend Per Share	0.02
Dividend Yield	0.49%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	2.00%
Buyback Yield	-1.81%
Shareholder Yield	-1.32%
Earnings Yield	24.40%
FCF Yield	4.67%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 22, 2006. It was a forward split with a ratio of 1.92308.

Last Split Date	May 22, 2006
Split Type	Forward
Split Ratio	1.92308

Scores

Altman Z-Score	n/a
Piotroski F-Score	5