Mutual Benefits Assurance (NSA:MBAS) Net Income From Continuing Operations: ₦-6,021.18 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:MBAS Mutual Benefits Assurance PLC NSA:MBAS
53 GF Score
Price ₦3.28
GF Value ₦1.44
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mutual Benefits Assurance Net Income From Continuing Operations?

Mutual Benefits Assurance NSA:MBAS 53 Net Income From Continuing Operations is ₦-6,021.18 Mil as of Dec. 2025. GuruFocus rates NSA:MBAS with a GF Score™ of 53/100 and a GF Value™ of ₦1.44 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Mutual Benefits Assurance's net income from continuing operations for the three months ended in Dec. 2025 was ₦-8,708.04 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2025 was ₦-6,021.18 Mil.


Mutual Benefits Assurance Net Income From Continuing Operations Historical Data

* Premium members only.

The historical data trend for Mutual Benefits Assurance's Net Income From Continuing Operations 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.

Mutual Benefits Assurance Net Income From Continuing Operations Chart

Mutual Benefits Assurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income From Continuing Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,424.71 3,141.35 5,888.59 5,671.40 5,572.58

Mutual Benefits Assurance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Sep24 Dec24 Jun25 Sep25 Dec25
Net Income From Continuing Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,183.98 1,041.86 0.00 2,686.86 -8,708.04
NSA:MBAS
53GF Score
Mutual Benefits Assurance PLC NSA:MBAS
Net Income From Continuing Operations is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mutual Benefits Assurance Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations 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 ₦-6,021.18 Mil.

* 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.

What does a Net Income From Continuing Operations of ₦-6,021.18 Mil mean?
Mutual Benefits Assurance (NSA:MBAS) has a Net Income From Continuing Operations of ₦-6,021.18 Mil as of Dec. 2025. The total net income from continuing operations as record on a company's cash-flow statement. View historical data for Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Net Income From Continuing Operations too high?
Mutual Benefits Assurance's current Net Income From Continuing Operations is ₦-6,021.18 Mil. Overall, Mutual Benefits Assurance has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Net Income From Continuing Operations compare to BRK.A and AIG?
Mutual Benefits Assurance's Net Income From Continuing Operations of ₦-6,021.18 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income From Continuing Operations for an Insurance company?
A good Net Income From Continuing Operations depends on the Insurance industry context. However, Net Income From Continuing Operations 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 Net Income From Continuing Operations mean?
A high Net Income From Continuing Operations can signal that a stock is expensive relative to its fundamentals. The total net income from continuing operations as record on a company's cash-flow statement. View historical data for Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Net Income From Continuing Operations is ₦-6,021.18 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 ₦1.44, compared to a current price of ₦3.28 — trading 127.8% above its estimated fair value. The current Net Income From Continuing Operations is ₦-6,021.18 Mil. Mutual Benefits Assurance's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income From Continuing Operations calculated?
Net Income From Continuing Operations is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current Net Income From Continuing Operations is ₦-6,021.18 Mil 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 ₦3.28 is trading 127.8% above its estimated GF Value™ of ₦1.44. GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.

Key valuation signals for NSA:MBAS:

  • Net Income From Continuing Operations: ₦-6,021.18 Mil
  • GF Value™: ₦1.44 vs. price of ₦3.28 (127.8% above fair value)
  • GF Score™: 53/100 with 1 warning sign

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 Business Description

Address 233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
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.
53GF Score

Get the complete analysis for NSA:MBAS

Net Income From Continuing Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3.28
Price
₦1.44
GF Value