MBENEFIT Stock Overview
Mutual Benefits Assurance Plc, together with its subsidiaries, primarily underwrites general and life insurance products in Nigeria and Liberia.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Mutual Benefits Assurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦0.57 |
| 52 Week High | ₦1.00 |
| 52 Week Low | ₦0.30 |
| Beta | 0.82 |
| 1 Month Change | -5.00% |
| 3 Month Change | -38.04% |
| 1 Year Change | 67.65% |
| 3 Year Change | 54.05% |
| 5 Year Change | 159.09% |
| Change since IPO | -15.68% |
Recent News & Updates
Recent updates
Shareholder Returns
| MBENEFIT | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -5.0% | -2.0% | -0.9% |
| 1Y | 67.6% | 97.9% | 130.0% |
Return vs Industry: MBENEFIT underperformed the NG Insurance industry which returned 97.9% over the past year.
Return vs Market: MBENEFIT underperformed the NG Market which returned 130% over the past year.
Price Volatility
| MBENEFIT volatility | |
|---|---|
| MBENEFIT Average Weekly Movement | 12.5% |
| Insurance Industry Average Movement | 10.5% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in NG Market | 12.4% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: MBENEFIT's share price has been volatile over the past 3 months.
Volatility Over Time: MBENEFIT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 337 | 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 | ₦11.43b |
| Earnings (TTM) | ₦4.97b |
| Revenue (TTM) | ₦40.00b |
2.3x
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 comparison