Mutual Benefits Assurance Plc (NGX:MBENEFIT)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
2.920
-0.050 (-1.68%)
At close: Nov 3, 2026

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 58.58 billion. The enterprise value is 31.61 billion.

Market Cap58.58B
Enterprise Value 31.61B

Important Dates

The last earnings date was Thursday, October 29, 2026.

Earnings Date Oct 29, 2026
Ex-Dividend Date Jul 22, 2026

Share Statistics

NGX:MBENEFIT has 20.06 billion shares outstanding. The number of shares has increased by 1.57% in one year.

Current Share Class 20.06B
Shares Outstanding 20.06B
Shares Change (YoY) +1.57%
Shares Change (QoQ) -1.43%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float n/a

Valuation Ratios

The trailing PE ratio is 4.26.

PE Ratio 4.26
Forward PE n/a
PS Ratio 0.56
PB Ratio 0.68
P/TBV Ratio 0.96
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 2.28
EV / Sales 0.30
EV / EBITDA 1.78
EV / EBIT 1.86
EV / FCF n/a

Financial Position

The company has a current ratio of 13.38, with a Debt / Equity ratio of 0.00.

Current Ratio 13.38
Quick Ratio 9.58
Debt / Equity 0.00
Debt / EBITDA 0.02
Debt / FCF n/a
Interest Coverage 19.97

Financial Efficiency

Return on equity (ROE) is 18.78% and return on invested capital (ROIC) is 17.25%.

Return on Equity (ROE) 18.78%
Return on Assets (ROA) 5.65%
Return on Invested Capital (ROIC) 17.25%
Return on Capital Employed (ROCE) 8.40%
Weighted Average Cost of Capital (WACC) 11.46%
Revenue Per Employee 328.00M
Profits Per Employee 43.73M
Employee Count317
Asset Turnover 0.55
Inventory Turnover n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 1.96 billion in taxes.

Income Tax 1.96B
Effective Tax Rate 11.98%

Stock Price Statistics

The stock price has decreased by -28.61% in the last 52 weeks. The beta is 1.09, so NGX:MBENEFIT's price volatility has been similar to the market average.

Beta (5Y) 1.09
52-Week Price Change -28.61%
50-Day Moving Average 3.14
200-Day Moving Average 3.84
Relative Strength Index (RSI) 41.12
Average Volume (20 Days) 4,615,934

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 103.98 billion and earned 13.86 billion in profits. Earnings per share was 0.69.

Revenue103.98B
Gross Profit 24.19B
Operating Income 17.00B
Pretax Income 16.37B
Net Income 13.86B
EBITDA 17.73B
EBIT 17.00B
Earnings Per Share (EPS) 0.69
Full Income Statement

Balance Sheet

The company has 40.13 billion in cash and 400.87 million in debt, with a net cash position of 39.73 billion or 1.98 per share.

Cash & Cash Equivalents 40.13B
Total Debt 400.87M
Net Cash 39.73B
Net Cash Per Share 1.98
Equity (Book Value) 86.67B
Book Value Per Share 3.72
Working Capital 68.78B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -4.08 billion and capital expenditures -1.49 billion, giving a free cash flow of -5.57 billion.

Operating Cash Flow -4.08B
Capital Expenditures -1.49B
Depreciation & Amortization n/a
Net Borrowing n/a
Free Cash Flow -5.57B
FCF Per Share -0.28
Full Cash Flow Statement

Margins

Gross margin is 23.26%, with operating and profit margins of 16.35% and 13.33%.

Gross Margin 23.26%
Operating Margin 16.35%
Pretax Margin 15.74%
Profit Margin 13.33%
EBITDA Margin 17.05%
EBIT Margin 16.35%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of 0.04, which amounts to a dividend yield of 1.37%.

Dividend Per Share 0.04
Dividend Yield 1.37%
Dividend Growth (YoY) 100.00%
Years of Dividend Growth n/a
Payout Ratio 5.79%
FCF Payout Ratio n/a
Buyback Yield -1.57%
Shareholder Yield -0.20%
Earnings Yield 23.49%
FCF Yield -9.50%
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 3