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United Bank for AfricaNSA:UBA -4.37%80 Debt-to-Equity is 0.24 as of Dec. 2025, which is 65% below its 10-year median of 0.69. GuruFocus rates NSA:UBA with a GF Score™ of 80/100 and a GF Value™ of ₦36.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,422 Banks companies, United Bank for Africa ranks better than 72.86% 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 United Bank for Africa's Debt-to-Equity or its related term are showing as below:
NSA:UBA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.69 Max: 1.3
Current: 0.24
During the past 13 years, the highest Debt-to-Equity Ratio of United Bank for Africa was 1.30. The lowest was 0.24. And the median was 0.69.
NSA:UBA's Debt-to-Equity is ranked better than 72.86% of 1422
companies
in the Banks industry
Industry Median: 0.57
vs NSA:UBA: 0.24
United Bank for Africa (NSA:UBA) Debt-to-Equity Explanation
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.
United Bank for Africa Debt-to-Equity Related Terms
United Bank for Africa Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for United Bank for Africa'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.
NSA:UBA vs JPM, BAC, WFC: Debt-to-Equity Comparison
For the Banks - Diversified subindustry, United Bank for Africa'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.
United Bank for Africa Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, United Bank for Africa's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where United Bank for Africa'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.
United Bank for Africa (NSA:UBA) has a Debt-to-Equity of 0.24 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Bank for Africa and its competitors. This is 65% below median its historical median of 0.69. Over the past decade, United Bank for Africa's Debt-to-Equity has ranged from 0.24 to 1.30. According to the industry distribution chart, United Bank for Africa ranks #386 out of 1422 companies in the Banks industry, placing it in the top 27.1%.
Is United Bank for Africa's Debt-to-Equity too high?
United Bank for Africa's current Debt-to-Equity of 0.24 is 65% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.30. The Banks industry median Debt-to-Equity is 0.57. United Bank for Africa's value of 0.24 is 57.9% below this industry median. Based on the distribution chart, United Bank for Africa ranks #386 out of 1422 companies in the Banks industry, which is above the industry midpoint. Overall, United Bank for Africa has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bank for Africa's Debt-to-Equity compare to JPM and BAC?
According to the Banks industry distribution chart, United Bank for Africa ranks #386 out of 1422 companies for Debt-to-Equity. This puts United Bank for Africa in the upper half of its industry. The industry median Debt-to-Equity is 0.57. United Bank for Africa's value of 0.24 is 57.9% below this benchmark. Historically, United Bank for Africa's own Debt-to-Equity has ranged from 0.24 to 1.30 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.57, United Bank for Africa has consistently been below 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 0.57, based on 1,422 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. United Bank for Africa's current Debt-to-Equity of 0.24 is 57.9% below 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 United Bank for Africa and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Bank for Africa's current Debt-to-Equity is 0.24, which is 65% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bank for Africa stock overvalued right now?
Based on GuruFocus' analysis, United Bank for Africa (NSA:UBA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦36.62, compared to a current price of ₦46.00 — trading 25.6% above its estimated fair value. The current Debt-to-Equity is 0.24, which is 65% below median its 10-year median of 0.69 and 57.9% below the Banks industry median of 0.57. United Bank for Africa's overall GF Score™ is 80/100 with 4 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 United Bank for Africa (NSA:UBA), the current Debt-to-Equity is 0.24 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 United Bank for Africa (NSA:UBA) Overvalued in 2026?
Based on GuruFocus' analysis, United Bank for Africa stock appears to be overvalued.
The current stock price of ₦46.00 is trading 25.6% above its estimated GF Value™ of ₦36.62.
GuruFocus considers United Bank for Africa to be Modestly Overvalued.
Key valuation signals for NSA:UBA:
Debt-to-Equity: 0.24 (65% below median its 10-year median of 0.69)
GF Value™: ₦36.62 vs. price of ₦46.00 (25.6% above fair value)
Industry Position: 57.9% below the Banks median (#386 of 1422)
No single metric tells the full story. See the NSA:UBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.
80GF Score
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