Mutual Benefits Assurance Plc (NGX:MBENEFIT)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
3.390
-0.109 (-3.11%)
At close: Jul 21, 2026

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 71.02 billion. The enterprise value is 37.86 billion.

Market Cap71.02B
Enterprise Value 37.86B

Important Dates

The last earnings date was Tuesday, June 30, 2026.

Earnings Date Jun 30, 2026
Ex-Dividend Date Jul 22, 2026

Share Statistics

NGX:MBENEFIT has 20.06 billion shares outstanding. The number of shares has increased by 0.12% in one year.

Current Share Class 20.06B
Shares Outstanding 20.06B
Shares Change (YoY) +0.12%
Shares Change (QoQ) -0.61%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 4.46.

PE Ratio 4.46
Forward PE n/a
PS Ratio 0.78
PB Ratio 0.88
P/TBV Ratio 1.29
P/FCF Ratio 37.23
P/OCF Ratio 27.73
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.94, with an EV/FCF ratio of 19.85.

EV / Earnings 2.38
EV / Sales 0.41
EV / EBITDA 1.94
EV / EBIT 1.95
EV / FCF 19.85

Financial Position

The company has a current ratio of 2.54, with a Debt / Equity ratio of 0.00.

Current Ratio 2.54
Quick Ratio 2.10
Debt / Equity 0.00
Debt / EBITDA 0.02
Debt / FCF 0.21
Interest Coverage 10.45

Financial Efficiency

Return on equity (ROE) is 23.47% and return on invested capital (ROIC) is 23.47%.

Return on Equity (ROE) 23.47%
Return on Assets (ROA) 6.73%
Return on Invested Capital (ROIC) 23.47%
Return on Capital Employed (ROCE) 14.56%
Weighted Average Cost of Capital (WACC) 13.09%
Revenue Per Employee 288.68M
Profits Per Employee 50.25M
Employee Count317
Asset Turnover 0.51
Inventory Turnover n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 1.54 billion in taxes.

Income Tax 1.54B
Effective Tax Rate 8.62%

Stock Price Statistics

The stock price has increased by +120.13% in the last 52 weeks. The beta is 1.19, so NGX:MBENEFIT's price volatility has been higher than the market average.

Beta (5Y) 1.19
52-Week Price Change +120.13%
50-Day Moving Average 3.90
200-Day Moving Average 3.98
Relative Strength Index (RSI) 42.20
Average Volume (20 Days) 5,219,161

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 91.51 billion and earned 15.93 billion in profits. Earnings per share was 0.79.

Revenue91.51B
Gross Profit 22.90B
Operating Income 19.38B
Pretax Income 17.84B
Net Income 15.93B
EBITDA 19.51B
EBIT 19.38B
Earnings Per Share (EPS) 0.79
Full Income Statement

Balance Sheet

The company has 128.23 billion in cash and 400.87 million in debt, with a net cash position of 45.76 billion or 2.28 per share.

Cash & Cash Equivalents 128.23B
Total Debt 400.87M
Net Cash 45.76B
Net Cash Per Share 2.28
Equity (Book Value) 80.36B
Book Value Per Share 3.38
Working Capital 97.81B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 2.56 billion and capital expenditures -653.56 million, giving a free cash flow of 1.91 billion.

Operating Cash Flow 2.56B
Capital Expenditures -653.56M
Depreciation & Amortization n/a
Net Borrowing n/a
Free Cash Flow 1.91B
FCF Per Share 0.10
Full Cash Flow Statement

Margins

Gross margin is 25.02%, with operating and profit margins of 21.17% and 17.41%.

Gross Margin 25.02%
Operating Margin 21.17%
Pretax Margin 19.49%
Profit Margin 17.41%
EBITDA Margin 21.32%
EBIT Margin 21.17%
FCF Margin 2.08%

Dividends & Yields

This stock pays an annual dividend of 0.04, which amounts to a dividend yield of 1.13%.

Dividend Per Share 0.04
Dividend Yield 1.13%
Dividend Growth (YoY) 100.00%
Years of Dividend Growth n/a
Payout Ratio 2.52%
Buyback Yield -0.12%
Shareholder Yield 0.97%
Earnings Yield 22.43%
FCF Yield 2.69%
Dividend Details

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