Mutual Benefits Assurance Plc (NGX:MBENEFIT)

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 70.21 billion. The enterprise value is 21.76 billion.

Market Cap	70.21B
Enterprise Value	21.76B

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.

Current Share Class	20.06B
Shares Outstanding	20.06B
Shares Change (YoY)	n/a
Shares Change (QoQ)	-7.13%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	n/a

Valuation Ratios

The trailing PE ratio is 3.51.

PE Ratio	3.51
Forward PE	n/a
PS Ratio	0.72
PB Ratio	1.05
P/TBV Ratio	1.45
P/FCF Ratio	8.71
P/OCF Ratio	8.14
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 0.89, with an EV/FCF ratio of 2.70.

EV / Earnings	1.09
EV / Sales	0.22
EV / EBITDA	0.89
EV / EBIT	0.91
EV / FCF	2.70

Financial Position

The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.01.

Current Ratio	2.66
Quick Ratio	2.44
Debt / Equity	0.01
Debt / EBITDA	0.02
Debt / FCF	0.05
Interest Coverage	10.08

Financial Efficiency

Return on equity (ROE) is 37.75% and return on invested capital (ROIC) is 26.66%.

Return on Equity (ROE)	37.75%
Return on Assets (ROA)	9.65%
Return on Invested Capital (ROIC)	26.66%
Return on Capital Employed (ROCE)	20.21%
Revenue Per Employee	282.79M
Profits Per Employee	57.91M
Employee Count	345
Asset Turnover	0.63
Inventory Turnover	n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 317.80 million in taxes.

Income Tax	317.80M
Effective Tax Rate	1.49%

Stock Price Statistics

The stock price has increased by +473.77% in the last 52 weeks. The beta is 1.34, so NGX:MBENEFIT's price volatility has been higher than the market average.

Beta (5Y)	1.34
52-Week Price Change	+473.77%
50-Day Moving Average	3.83
200-Day Moving Average	1.98
Relative Strength Index (RSI)	44.98
Average Volume (20 Days)	6,946,839

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 97.56 billion and earned 19.98 billion in profits. Earnings per share was 1.00.

Revenue	97.56B
Gross Profit	27.93B
Operating Income	23.87B
Pretax Income	21.29B
Net Income	19.98B
EBITDA	24.42B
EBIT	23.87B
Earnings Per Share (EPS)	1.00

Balance Sheet

The company has 116.85 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	116.85B
Total Debt	400.87M
Net Cash	53.55B
Net Cash Per Share	2.67
Equity (Book Value)	66.80B
Book Value Per Share	3.08
Working Capital	83.62B

Cash Flow

In the last 12 months, operating cash flow was 8.62 billion and capital expenditures -558.12 million, giving a free cash flow of 8.07 billion.

Operating Cash Flow	8.62B
Capital Expenditures	-558.12M
Free Cash Flow	8.07B
FCF Per Share	0.40

Margins

Gross margin is 28.62%, with operating and profit margins of 24.46% and 20.48%.

Gross Margin	28.62%
Operating Margin	24.46%
Pretax Margin	21.82%
Profit Margin	20.48%
EBITDA Margin	25.03%
EBIT Margin	24.46%
FCF Margin	8.27%

Dividends & Yields

This stock pays an annual dividend of 0.02, which amounts to a dividend yield of 0.57%.

Dividend Per Share	0.02
Dividend Yield	0.57%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	2.01%
Buyback Yield	n/a
Shareholder Yield	0.57%
Earnings Yield	28.46%
FCF Yield	11.49%

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