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Mutual Benefits Assurance (NSA:MBAS) Net Margin % : 10.78% (As of Sep. 2023)


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What is Mutual Benefits Assurance Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mutual Benefits Assurance's Net Income for the three months ended in Sep. 2023 was ₦1,445 Mil. Mutual Benefits Assurance's Revenue for the three months ended in Sep. 2023 was ₦13,403 Mil. Therefore, Mutual Benefits Assurance's net margin for the quarter that ended in Sep. 2023 was 10.78%.

The historical rank and industry rank for Mutual Benefits Assurance's Net Margin % or its related term are showing as below:

NSA:MBAS' s Net Margin % Range Over the Past 10 Years
Min: -27.08   Med: 7.11   Max: 21.38
Current: 4.44


NSA:MBAS's Net Margin % is ranked worse than
67.89% of 489 companies
in the Insurance industry
Industry Median: 8.26 vs NSA:MBAS: 4.44

Mutual Benefits Assurance Net Margin % Historical Data

The historical data trend for Mutual Benefits Assurance's Net Margin % 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.

* Premium members only.

Mutual Benefits Assurance Net Margin % Chart

Mutual Benefits Assurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial 6.08 17.05 21.38 -27.08 9.21

Mutual Benefits Assurance Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Net Margin % 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 22.11 0.64 -5.77 - 10.78

Competitive Comparison of Mutual Benefits Assurance's Net Margin %

For the Insurance - Diversified subindustry, Mutual Benefits Assurance's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mutual Benefits Assurance's Net Margin % falls into.



Mutual Benefits Assurance Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mutual Benefits Assurance's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=3010.025/32692.659
=9.21 %

Mutual Benefits Assurance's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=1445.302/13403.326
=10.78 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mutual Benefits Assurance Net Margin % Related Terms

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Mutual Benefits Assurance (NSA:MBAS) Business Description

Traded in Other Exchanges
N/A
Address
233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
Mutual Benefits Assurance PLC provides a range of insurance products and services in the areas of life assurance and general insurance. Its segment includes the Assurance business; Real estate and Microfinance. The company's offerings include group Auto Insurance, Health Insurance, Pure Investment Products, Anticipated Endowment, Mutual Annuity Products, and Investment Linked Schemes, among others.

Mutual Benefits Assurance (NSA:MBAS) Headlines

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