Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 100.51 billion. The enterprise value is 65.07 billion.

Market Cap	100.51B
Enterprise Value	65.07B

Important Dates

The last earnings date was Wednesday, January 28, 2026.

Earnings Date	Jan 28, 2026
Ex-Dividend Date	n/a

Share Statistics

NGX:MBENEFIT has 20.06 billion shares outstanding.

Current Share Class	20.06B
Shares Outstanding	20.06B
Shares Change (YoY)	n/a
Shares Change (QoQ)	+3.96%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 5.01.

PE Ratio	5.01
Forward PE	n/a
PS Ratio	1.06
PB Ratio	1.45
P/TBV Ratio	1.55
P/FCF Ratio	56.37
P/OCF Ratio	43.59
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.64, with an EV/FCF ratio of 36.50.

EV / Earnings	3.24
EV / Sales	0.68
EV / EBITDA	2.64
EV / EBIT	2.70
EV / FCF	36.50

Financial Position

The company has a current ratio of 3.20, with a Debt / Equity ratio of 0.01.

Current Ratio	3.20
Quick Ratio	2.94
Debt / Equity	0.01
Debt / EBITDA	0.02
Debt / FCF	0.22
Interest Coverage	12.27

Financial Efficiency

Return on equity (ROE) is 33.68% and return on invested capital (ROIC) is 34.10%.

Return on Equity (ROE)	33.68%
Return on Assets (ROA)	9.36%
Return on Invested Capital (ROIC)	34.10%
Return on Capital Employed (ROCE)	18.52%
Weighted Average Cost of Capital (WACC)	13.64%
Revenue Per Employee	275.89M
Profits Per Employee	58.13M
Employee Count	345
Asset Turnover	0.59
Inventory Turnover	n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 662.75 million in taxes.

Income Tax	662.75M
Effective Tax Rate	3.08%

Stock Price Statistics

The stock price has increased by +678.69% in the last 52 weeks. The beta is 1.37, so NGX:MBENEFIT's price volatility has been higher than the market average.

Beta (5Y)	1.37
52-Week Price Change	+678.69%
50-Day Moving Average	4.11
200-Day Moving Average	3.09
Relative Strength Index (RSI)	54.33
Average Volume (20 Days)	29,133,797

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 95.18 billion and earned 20.05 billion in profits. Earnings per share was 1.00.

Revenue	95.18B
Gross Profit	28.56B
Operating Income	24.06B
Pretax Income	21.54B
Net Income	20.05B
EBITDA	24.68B
EBIT	24.06B
Earnings Per Share (EPS)	1.00

Balance Sheet

The company has 124.67 billion in cash and 400.87 million in debt, with a net cash position of 38.98 billion or 1.94 per share.

Cash & Cash Equivalents	124.67B
Total Debt	400.87M
Net Cash	38.98B
Net Cash Per Share	1.94
Equity (Book Value)	69.18B
Book Value Per Share	3.27
Working Capital	97.71B

Cash Flow

In the last 12 months, operating cash flow was 2.31 billion and capital expenditures -522.70 million, giving a free cash flow of 1.78 billion.

Operating Cash Flow	2.31B
Capital Expenditures	-522.70M
Free Cash Flow	1.78B
FCF Per Share	0.09

Margins

Gross margin is 30.00%, with operating and profit margins of 25.28% and 21.07%.

Gross Margin	30.00%
Operating Margin	25.28%
Pretax Margin	22.63%
Profit Margin	21.07%
EBITDA Margin	25.92%
EBIT Margin	25.28%
FCF Margin	1.87%

Dividends & Yields

This stock pays an annual dividend of 0.02, which amounts to a dividend yield of 0.40%.

Dividend Per Share	0.02
Dividend Yield	0.40%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	2.00%
Buyback Yield	n/a
Shareholder Yield	0.39%
Earnings Yield	19.95%
FCF Yield	1.77%

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	4