MBENEFIT logo

Mutual Benefits Assurance Stock Price

Symbol: NGSE:MBENEFITMarket Cap: ₦53.4bCategory: Insurance

MBENEFIT Share Price Performance

₦2.92
2.31 (378.69%)
46.0% overvalued intrinsic discount
₦2.00
Fair Value
₦2.92
2.31 (378.69%)
46.0% overvalued intrinsic discount
₦2.00
Fair Value
Price ₦2.92
WaneInvestmentHouse ₦2.00

MBENEFIT Community Narratives

WA
WaneInvestmentHouse
WaneInvestmentHouse·Updated
Fair Value ₦2.00 46.0% overvalued intrinsic discount

Mutual Benefits Assurance Plc Q2 result

0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative

Recent MBENEFIT News & Updates

No updates

Mutual Benefits Assurance Plc Key Details

₦90.2b

Revenue

₦68.6b

Cost of Revenue

₦21.7b

Gross Profit

₦2.1b

Other Expenses

₦19.6b

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
0.98
Gross Margin
24.03%
Net Profit Margin
21.74%
Debt/Equity Ratio
0.6%

Mutual Benefits Assurance Plc Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About MBENEFIT

Founded
1995
Employees
345
CEO
Olufemi Asenuga
WebsiteView website
www.mutualng.com

Mutual Benefits Assurance Plc, together with its subsidiaries, engages in non-life insurance and risk management services to organizations and private individuals in Nigeria, Liberia, and Niger Republic. It operates through three segments: Assurance Business, Real Estate, and Microfinance Banking. The company’s general insurance products include fire and special perils, burglary/housebreaking, householder/house-owner comprehensive, marine cargo, marine hull, motor, goods-in-transit, all risk insurance, contractors all risks, erection all risks, plant all risks, machinery breakdown, money, professional indemnity, fidelity guarantee, public liability, personal accident, bond, aviation, and oil and gas insurance products. It also offers life insurance products comprising term assurance, keyman assurance, credit life assurance, mortgage protection, anticipated endowment assurance, and whole life assurance policies; mutual education guarantee assurance; mutual education endowment, individual savings and protection, personal pension and investment, micro personal pension and investment, and mutual dignity plans; mutual school fee guarantee scheme, mutual multilife shield, and group life assurance products. In addition, the company protects customers assets and indemnification of other parties; and provides real estate development, as well as retails and microfinance banking services. It serves individual and corporate customers through a network of brokers, agencies, and direct marketing programs. The company was incorporated in 1995 and is headquartered in Lagos, Nigeria.

Nigerian Market Performance

  • 7 Days: 6.6%
  • 3 Months: 37.7%
  • 1 Year: 55.0%
  • Year to Date: 42.8%
The market is up 6.6% in the last 7 days, led by the Materials and Consumer Staples sectors. In contrast, the Utilities sector is lagging, dropping 4.6%. As for the past 12 months, the market is up 55%. Looking forward, earnings are forecast to grow by 20% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.
Continue reading