Mutual Benefits Assurance Plc (NGX:MBENEFIT)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
3.850
+0.350 (10.00%)
At close: Aug 15, 2025

Mutual Benefits Assurance Statistics

Total Valuation

NGX:MBENEFIT has a market cap or net worth of NGN 77.24 billion. The enterprise value is 32.36 billion.

Market Cap 77.24B
Enterprise Value 32.36B

Important Dates

The last earnings date was Friday, August 1, 2025.

Earnings Date Aug 1, 2025
Ex-Dividend Date Jul 25, 2025

Share Statistics

NGX:MBENEFIT has 20.06 billion shares outstanding. The number of shares has increased by 1.17% in one year.

Current Share Class 20.06B
Shares Outstanding 20.06B
Shares Change (YoY) +1.17%
Shares Change (QoQ) +1.98%
Owned by Insiders (%) 8.88%
Owned by Institutions (%) 4.07%
Float 5.14B

Valuation Ratios

The trailing PE ratio is 3.94.

PE Ratio 3.94
Forward PE n/a
PS Ratio 0.81
PB Ratio 1.16
P/TBV Ratio 1.28
P/FCF Ratio 22.70
P/OCF Ratio 17.64
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 1.53, with an EV/FCF ratio of 9.51.

EV / Earnings 1.65
EV / Sales 0.34
EV / EBITDA 1.53
EV / EBIT 1.57
EV / FCF 9.51

Financial Position

The company has a current ratio of 2.99, with a Debt / Equity ratio of 0.01.

Current Ratio 2.99
Quick Ratio 2.69
Debt / Equity 0.01
Debt / EBITDA 0.02
Debt / FCF 0.12
Interest Coverage 8.62

Financial Efficiency

Return on equity (ROE) is 38.31% and return on invested capital (ROIC) is 23.92%.

Return on Equity (ROE) 38.31%
Return on Assets (ROA) 8.70%
Return on Invested Capital (ROIC) 23.92%
Return on Capital Employed (ROCE) 17.05%
Revenue Per Employee 275.29M
Profits Per Employee 56.85M
Employee Count 345
Asset Turnover 0.64
Inventory Turnover n/a

Taxes

In the past 12 months, NGX:MBENEFIT has paid 693.32 million in taxes.

Income Tax 693.32M
Effective Tax Rate 3.28%

Stock Price Statistics

The stock price has increased by +531.15% in the last 52 weeks. The beta is 1.27, so NGX:MBENEFIT's price volatility has been higher than the market average.

Beta (5Y) 1.27
52-Week Price Change +531.15%
50-Day Moving Average 1.67
200-Day Moving Average 0.95
Relative Strength Index (RSI) 83.02
Average Volume (20 Days) 32,699,277

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 94.98 billion and earned 19.61 billion in profits. Earnings per share was 0.98.

Revenue 94.98B
Gross Profit 24.60B
Operating Income 20.60B
Pretax Income 21.16B
Net Income 19.61B
EBITDA 21.19B
EBIT 20.60B
Earnings Per Share (EPS) 0.98
Full Income Statement

Balance Sheet

The company has 108.68 billion in cash and 400.87 million in debt, giving a net cash position of 50.26 billion or 2.51 per share.

Cash & Cash Equivalents 108.68B
Total Debt 400.87M
Net Cash 50.26B
Net Cash Per Share 2.51
Equity (Book Value) 66.52B
Book Value Per Share 3.05
Working Capital 86.28B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 4.38 billion and capital expenditures -975.73 million, giving a free cash flow of 3.40 billion.

Operating Cash Flow 4.38B
Capital Expenditures -975.73M
Free Cash Flow 3.40B
FCF Per Share 0.17
Full Cash Flow Statement

Margins

Gross margin is 25.90%, with operating and profit margins of 21.69% and 20.65%.

Gross Margin 25.90%
Operating Margin 21.69%
Pretax Margin 22.28%
Profit Margin 20.65%
EBITDA Margin 22.31%
EBIT Margin 21.69%
FCF Margin 3.58%

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 n/a
Buyback Yield -1.17%
Shareholder Yield -0.59%
Earnings Yield 25.40%
FCF Yield 4.41%
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