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FCMB GroupNSA:FCMB 55 Debt-to-Equity is 0.79 as of Mar. 2026, which is 37% below its 10-year median of 1.25. GuruFocus rates NSA:FCMB with a GF Score™ of 55/100 and a GF Value™ of ₦7.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,423 Banks companies, FCMB Group ranks worse than 60.08% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for FCMB Group's Debt-to-Equity or its related term are showing as below:
NSA:FCMB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 1.25 Max: 1.88
Current: 0.79
During the past 13 years, the highest Debt-to-Equity Ratio of FCMB Group was 1.88. The lowest was 0.79. And the median was 1.25.
NSA:FCMB's Debt-to-Equity is ranked worse than 60.08% of 1423
companies
in the Banks industry
Industry Median: 0.56
vs NSA:FCMB: 0.79
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
FCMB Group Debt-to-Equity Related Terms
FCMB Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for FCMB Group's Debt-to-Equity 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 Banks - Regional subindustry, FCMB Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
FCMB Group Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, FCMB Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where FCMB Group's Debt-to-Equity falls into.
* 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.
FCMB Group (NSA:FCMB) has a Debt-to-Equity of 0.79 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FCMB Group and its competitors. This is 37% below median its historical median of 1.25. Over the past decade, FCMB Group's Debt-to-Equity has ranged from 0.79 to 1.88. According to the industry distribution chart, FCMB Group ranks #855 out of 1423 companies in the Banks industry, placing it in the top 60.1%.
Is FCMB Group's Debt-to-Equity too high?
FCMB Group's current Debt-to-Equity of 0.79 is 37% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.88. The Banks industry median Debt-to-Equity is 0.56. FCMB Group's value of 0.79 is 41.1% above this industry median. Based on the distribution chart, FCMB Group ranks #855 out of 1423 companies in the Banks industry, which is below the industry midpoint. Overall, FCMB Group has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FCMB Group's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, FCMB Group ranks #855 out of 1423 companies for Debt-to-Equity. This places FCMB Group in the lower half of its industry. The industry median Debt-to-Equity is 0.56. FCMB Group's value of 0.79 is 41.1% above this benchmark. Historically, FCMB Group's own Debt-to-Equity has ranged from 0.79 to 1.88 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.56, FCMB Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.56, based on 1,423 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FCMB Group's current Debt-to-Equity of 0.79 is 41.1% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FCMB Group and its competitors. For the Banks industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FCMB Group's current Debt-to-Equity is 0.79, which is 37% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FCMB Group stock overvalued right now?
Based on GuruFocus' analysis, FCMB Group (NSA:FCMB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦7.20, compared to a current price of ₦10.50 — trading 45.8% above its estimated fair value. The current Debt-to-Equity is 0.79, which is 37% below median its 10-year median of 1.25 and 41.1% above the Banks industry median of 0.56. FCMB Group's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FCMB Group (NSA:FCMB), the current Debt-to-Equity is 0.79 as of Mar. 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 FCMB Group (NSA:FCMB) Overvalued in 2026?
Based on GuruFocus' analysis, FCMB Group stock appears to be overvalued.
The current stock price of ₦10.50 is trading 45.8% above its estimated GF Value™ of ₦7.20.
GuruFocus considers FCMB Group to be Significantly Overvalued.
Key valuation signals for NSA:FCMB:
Debt-to-Equity: 0.79 (37% below median its 10-year median of 1.25)
GF Value™: ₦7.20 vs. price of ₦10.50 (45.8% above fair value)
Industry Position: 41.1% above the Banks median (#855 of 1423)
No single metric tells the full story. See the NSA:FCMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FCMB Group PLC provides banking services. Its segments include Investment Banking, Investment Management, SME Banking, Commercial Banking, Corporate Banking, Personal Banking, Institutional Banking, and Treasury and Financial Markets. The majority of the revenue is derived from Corporate Banking which incorporates direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products. The corporate banking business unit caters for the specific needs of companies and financial institutions. It operates in two geographic regions, being: Nigeria and Europe (UK).
55GF Score
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