MBENEFIT Stock Overview
Primarily underwrites general and life insurance products in Nigeria and Liberia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Mutual Benefits Assurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.61 |
| 52 Week High | ₦0.75 |
| 52 Week Low | ₦0.52 |
| Beta | 0.92 |
| 1 Month Change | 0% |
| 3 Month Change | 0% |
| 1 Year Change | -3.17% |
| 3 Year Change | 134.62% |
| 5 Year Change | 205.00% |
| Change since IPO | -9.76% |
Recent News & Updates
Recent updates
Shareholder Returns
| MBENEFIT | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | 0% | -1.2% | 0.8% |
| 1Y | -3.2% | 79.8% | 0.8% |
Return vs Industry: MBENEFIT underperformed the NG Insurance industry which returned 70.7% over the past year.
Return vs Market: MBENEFIT underperformed the NG Market which returned -0.8% over the past year.
Price Volatility
| MBENEFIT volatility | |
|---|---|
| MBENEFIT Average Weekly Movement | 0% |
| Insurance Industry Average Movement | 10.0% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in NG Market | 11.0% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: Data is not available.
Volatility Over Time: Insufficient data to determine MBENEFIT's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | n/a | Femi Asenuga | www.mutualng.com |
Mutual Benefits Assurance Plc, together with its subsidiaries, primarily underwrites general and life insurance products in Nigeria and Liberia. 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, comprehensive, house-owner, 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.
Mutual Benefits Assurance Plc Fundamentals Summary
| MBENEFIT fundamental statistics | |
|---|---|
| Market cap | ₦12.24b |
| Earnings (TTM) | ₦4.97b |
| Revenue (TTM) | ₦40.00b |
2.5x
P/E Ratio0.3x
P/S RatioIs MBENEFIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MBENEFIT income statement (TTM) | |
|---|---|
| Revenue | ₦40.00b |
| Cost of Revenue | ₦27.07b |
| Gross Profit | ₦12.92b |
| Other Expenses | ₦7.95b |
| Earnings | ₦4.97b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.25 |
| Gross Margin | 32.31% |
| Net Profit Margin | 12.43% |
| Debt/Equity Ratio | 1.2% |
How did MBENEFIT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 11:32 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mutual Benefits Assurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.