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MBENEFIT

Mutual Benefits Assurance NGSE:MBENEFIT Stock Report

Last Price

₦0.27

Market Cap

₦5.4b

7D

0%

1Y

3.8%

Updated

08 Dec, 2022

Data

Company Financials
MBENEFIT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

MBENEFIT Stock Overview

Mutual Benefits Assurance Plc, together with its subsidiaries, primarily underwrites general and life insurance products in Nigeria and Liberia.

Mutual Benefits Assurance Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mutual Benefits Assurance
Historical stock prices
Current Share Price₦0.27
52 Week High₦0.34
52 Week Low₦0.23
Beta0.34
1 Month Change3.85%
3 Month Change-6.90%
1 Year Change3.85%
3 Year Change35.00%
5 Year Change-46.00%
Change since IPO-60.06%

Recent News & Updates

Recent updates

Shareholder Returns

MBENEFITNG InsuranceNG Market
7D0%0.8%1.3%
1Y3.8%-14.6%3.2%

Return vs Industry: MBENEFIT exceeded the NG Insurance industry which returned -14.6% over the past year.

Return vs Market: MBENEFIT matched the NG Market which returned 3.2% over the past year.

Price Volatility

Is MBENEFIT's price volatile compared to industry and market?
MBENEFIT volatility
MBENEFIT Average Weekly Movement6.1%
Insurance Industry Average Movement6.5%
Market Average Movement5.3%
10% most volatile stocks in NG Market7.2%
10% least volatile stocks in NG Market3.2%

Stable Share Price: MBENEFIT is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MBENEFIT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995359Femi Asenugahttps://www.mutualng.com

Mutual Benefits Assurance Plc, together with its subsidiaries, primarily underwrites general and life insurance products in Nigeria and Liberia. The company operates through three segments: Assurance Business, Real Estate, and Microfinance Banking. Its general insurance products include property insurance, fire and special perils, burglary/housebreaking, householder, comprehensive, house-owner, marine cargo, marine hull, motor, goods-in-transit, all risk insurance, engineering, industrial all risks, liability/bond insurance, money, professional indemnity, fidelity guarantee, and public liability/product liability.

Mutual Benefits Assurance Plc Fundamentals Summary

How do Mutual Benefits Assurance's earnings and revenue compare to its market cap?
MBENEFIT fundamental statistics
Market Cap₦5.42b
Earnings (TTM)₦1.51b
Revenue (TTM)₦30.94b

3.6x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MBENEFIT income statement (TTM)
Revenue₦30.94b
Cost of Revenue₦22.23b
Gross Profit₦8.71b
Other Expenses₦7.20b
Earnings₦1.51b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.075
Gross Margin28.16%
Net Profit Margin4.89%
Debt/Equity Ratio1.7%

How did MBENEFIT perform over the long term?

See historical performance and comparison