Mutual Benefits Assurance (NSA:MBAS) 1-Year Share Buyback Ratio: 60.10% (As of Dec. 2025 )

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Director of Data and Quant Analytics at GuruFocus
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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
61 GF Score
Price ₦3.55
GF Value ₦2.28
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mutual Benefits Assurance 1-Year Share Buyback Ratio?

Mutual Benefits Assurance NSA:MBAS +3.50% 61 1-Year Share Buyback Ratio is 60.10 as of Dec. 2025. GuruFocus rates NSA:MBAS with a GF Score™ of 61/100 and a GF Value™ of ₦2.28 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 264 Insurance companies, Mutual Benefits Assurance ranks better than 99.24% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Mutual Benefits Assurance's current 1-Year Share Buyback Ratio was 60.10%.

NSA:MBAS's 1-Year Share Buyback Ratio is ranked better than
99.24% of 264 companies
in the Insurance industry
Industry Median: 0.1 vs NSA:MBAS: 60.10

Mutual Benefits Assurance  (NSA:MBAS) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Mutual Benefits Assurance 1-Year Share Buyback Ratio Related Terms


NSA:MBAS vs BRK.A, AIG, HIG: 1-Year Share Buyback Ratio Comparison

For the Insurance - Diversified subindustry, Mutual Benefits Assurance's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio 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 1-Year Share Buyback Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Mutual Benefits Assurance's 1-Year Share Buyback Ratio falls into.


NSA:MBAS
61GF Score
Mutual Benefits Assurance PLC NSA:MBAS
1-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mutual Benefits Assurance 1-Year Share Buyback Ratio Calculation

Mutual Benefits Assurance's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2025 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2024 ) - Shares Outstanding (EOP) (Dec. 2025 )) / Shares Outstanding (EOP) (Dec. 2024 )
=(20061.122 - 8002.500) / 20061.122
=60.1%

* 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 1-Year Share Buyback Ratio of 60.10 mean?
Mutual Benefits Assurance (NSA:MBAS) has a 1-Year Share Buyback Ratio of 60.10 as of Dec. 2025. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Mutual Benefits Assurance and its competitors. According to the industry distribution chart, Mutual Benefits Assurance ranks #2 out of 264 companies in the Insurance industry, placing it in the top 0.8%.
Is Mutual Benefits Assurance's 1-Year Share Buyback Ratio too high?
Mutual Benefits Assurance's current 1-Year Share Buyback Ratio is 60.10. The Insurance industry median 1-Year Share Buyback Ratio is 0.10. Mutual Benefits Assurance's value of 60.10 is 60000% above this industry median. Based on the distribution chart, Mutual Benefits Assurance ranks #2 out of 264 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Mutual Benefits Assurance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's 1-Year Share Buyback Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Mutual Benefits Assurance ranks #2 out of 264 companies for 1-Year Share Buyback Ratio. This places Mutual Benefits Assurance in the top 1% of its industry — outperforming the majority of peers. The industry median 1-Year Share Buyback Ratio is 0.10. Mutual Benefits Assurance's value of 60.10 is 60000% 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 1-Year Share Buyback Ratio for an Insurance company?
The median 1-Year Share Buyback Ratio among Insurance companies is 0.10, based on 264 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year Share Buyback Ratio significantly above this median, while those in the bottom quartile fall well below. However, 1-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mutual Benefits Assurance's current 1-Year Share Buyback Ratio of 60.10 is 60000% 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 1-Year Share Buyback Ratio mean?
A high 1-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. View historical data for Mutual Benefits Assurance and its competitors. For the Insurance industry, the median 1-Year Share Buyback Ratio is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mutual Benefits Assurance's current 1-Year Share Buyback Ratio is 60.10. 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 ₦2.28, compared to a current price of ₦3.55 — trading 55.7% above its estimated fair value. The current 1-Year Share Buyback Ratio is 60.10 and 60000% above the Insurance industry median of 0.10. Mutual Benefits Assurance's overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Share Buyback Ratio calculated?
1-Year Share Buyback Ratio is calculated from a company's financial statements. For Mutual Benefits Assurance (NSA:MBAS), the current 1-Year Share Buyback Ratio is 60.10 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 ₦3.55 is trading 55.7% above its estimated GF Value™ of ₦2.28. GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.

Key valuation signals for NSA:MBAS:

  • 1-Year Share Buyback Ratio: 60.10
  • GF Value™: ₦2.28 vs. price of ₦3.55 (55.7% above fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 60000% above the Insurance median (#2 of 264)

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.
61GF Score

Get the complete analysis for NSA:MBAS

1-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦3.55
Price
₦2.28
GF Value