Mutual Benefits Assurance's Enterprise Value for the quarter that ended in Dec. 2025 was ₦4,109.63 Mil.
Mutual Benefits Assurance's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ₦-5,633.51 Mil. Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 163.93%.
The historical rank and industry rank for Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSA:MBAS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -648 Med: -3.19 Max: 262.33
Current: -24.04
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Mutual Benefits Assurance was 262.33%. The lowest was -648.00%. And the median was -3.19%.
NSA:MBAS's Earnings Yield (Joel Greenblatt) % is ranked worse than 97.86% of 514
companies
in the Insurance industry
Industry Median: 6.88
vs NSA:MBAS: -24.04
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Mutual Benefits Assurance's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Mutual Benefits Assurance Earnings Yield (Joel Greenblatt) % Related Terms
Mutual Benefits Assurance Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Diversified subindustry, Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mutual Benefits Assurance Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Mutual Benefits Assurances Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Mutual Benefits Assurance's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-5,633.51 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 163.93% mean?
Mutual Benefits Assurance (NSA:MBAS) has a Earnings Yield (Joel Greenblatt) % of 163.93% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mutual Benefits Assurance and its competitors. According to the industry distribution chart, Mutual Benefits Assurance ranks #503 out of 514 companies in the Insurance industry, placing it in the top 97.9%.
Is Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % too high?
Mutual Benefits Assurance's current Earnings Yield (Joel Greenblatt) % is 163.93%. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 6.88. Mutual Benefits Assurance's value of 163.93% is 2282.7% above this industry median. Based on the distribution chart, Mutual Benefits Assurance ranks #503 out of 514 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Mutual Benefits Assurance has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Earnings Yield (Joel Greenblatt) % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Mutual Benefits Assurance ranks #503 out of 514 companies for Earnings Yield (Joel Greenblatt) %. This places Mutual Benefits Assurance in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.88. Mutual Benefits Assurance's value of 163.93% is 2282.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 6.88, based on 514 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mutual Benefits Assurance's current Earnings Yield (Joel Greenblatt) % of 163.93% is 2282.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mutual Benefits Assurance and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mutual Benefits Assurance's current Earnings Yield (Joel Greenblatt) % is 163.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦1.42, compared to a current price of ₦3.60 — trading 153.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 163.93% and 2282.7% above the Insurance industry median of 6.88. Mutual Benefits Assurance's overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current Earnings Yield (Joel Greenblatt) % is 163.93% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued.
The current stock price of ₦3.60 is trading 153.5% above its estimated GF Value™ of ₦1.42.
GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.
Key valuation signals for NSA:MBAS:
Earnings Yield (Joel Greenblatt) %: 163.93%
GF Value™: ₦1.42 vs. price of ₦3.60 (153.5% above fair value)
Industry Position: 2282.7% above the Insurance median (#503 of 514)
No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
45GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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