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Mutual Benefits Assurance NGSE:MBENEFIT Stock Report

Last Price


Market Cap







08 Dec, 2022


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

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
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

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

1995359Femi Asenuga

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


P/E Ratio


P/S Ratio

Earnings & Revenue

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

Last Reported Earnings

Sep 30, 2022

Next Earnings Date


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