Mutual Benefits Assurance's quarterly market cap
increased
from Jun. 2025 (₦22,067.23 Mil) to Sep. 2025 (₦75,550.69 Mil) but then
declined
from Sep. 2025 (₦75,550.69 Mil) to Dec. 2025 (₦24,807.75 Mil).
Mutual Benefits Assurance's annual market cap
increased
from Dec. 2023 (₦10,632.39 Mil) to Dec. 2024 (₦12,237.28 Mil) and
increased
from Dec. 2024 (₦12,237.28 Mil) to Dec. 2025 (₦24,807.75 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Mutual Benefits Assurance's Enterprise Value for Today is ₦28,274.59 Mil.
Mutual Benefits Assurance (NSA:MBAS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Mutual Benefits Assurance Market Cap Related Terms
Mutual Benefits Assurance Market Cap Historical Data
* 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.
NSA:MBAS vs BRK.A, AIG, HIG: Market Cap Comparison
For the Insurance - Diversified subindustry, Mutual Benefits Assurance's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Insurance Industry
For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Market Cap distribution charts can be found below:
* The bar in red indicates where Mutual Benefits Assurance's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
Mutual Benefits Assurance (NSA:MBAS) has a Market Cap of ₦77,034.71 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Mutual Benefits Assurance and its competitors. According to the industry distribution chart, Mutual Benefits Assurance ranks #445 out of 521 companies in the Insurance industry, placing it in the top 85.4%.
Is Mutual Benefits Assurance's Market Cap too high?
Mutual Benefits Assurance's current Market Cap is ₦77,034.71 Mil. Based on the distribution chart, Mutual Benefits Assurance ranks #445 out of 521 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Mutual Benefits Assurance has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Market Cap compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Mutual Benefits Assurance ranks #445 out of 521 companies for Market Cap. This places Mutual Benefits Assurance in the lower half of its industry. The industry median Market Cap is 681.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Insurance company?
The median Market Cap among Insurance companies is 681.53, based on 521 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Mutual Benefits Assurance and its competitors. For the Insurance industry, the median Market Cap is 681.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mutual Benefits Assurance's current Market Cap is ₦77,034.71 Mil. 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 ₦2.25, compared to a current price of ₦3.84 — trading 70.7% above its estimated fair value. The current Market Cap is ₦77,034.71 Mil. Mutual Benefits Assurance's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current Market Cap is ₦77,034.71 Mil as of Jun. 24, 2026. 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 ₦3.84 is trading 70.7% above its estimated GF Value™ of ₦2.25.
GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.
Key valuation signals for NSA:MBAS:
Market Cap: ₦77,034.71 Mil
GF Value™: ₦2.25 vs. price of ₦3.84 (70.7% above fair value)
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.
59GF Score
Get the complete analysis for NSA:MBAS
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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