Nationwide Building Society (LSE:NBS) Enterprise Value: £21,729 Mil (As of Jul. 04, 2026) ***


LSE:NBS Nationwide Building Society LSE:NBS
57 GF Score
Price £129.00
GF Value £178.26
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Nationwide Building Society Enterprise Value?

Nationwide Building Society LSE:NBS 57 Enterprise Value is £21,729 Mil as of Jul. 04, 2026. GuruFocus rates LSE:NBS with a GF Score™ of 57/100 and a GF Value™ of £178.26 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nationwide Building Society's Enterprise Value is £21,729 Mil. Nationwide Building Society's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was £6,379 Mil. Therefore, Nationwide Building Society's EV-to-Revenue ratio for today is 3.41.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Nationwide Building Society's Enterprise Value is £21,729 Mil. Nationwide Building Society's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £3,904 Mil. Therefore, Nationwide Building Society's EV-to-OCF ratio for today is 5.57.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Nationwide Building Society's Enterprise Value is £21,729 Mil. Nationwide Building Society's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £3,478 Mil. Therefore, Nationwide Building Society's EV-to-FCF ratio for today is 6.25.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Nationwide Building Society  (LSE:NBS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Nationwide Building Society's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=21728.783/6379
=3.41

Nationwide Building Society's current Enterprise Value is £21,729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nationwide Building Society's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was £6,379 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Nationwide Building Society's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=21728.783/3904
=5.57

Nationwide Building Society's current Enterprise Value is £21,729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nationwide Building Society's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £3,904 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Nationwide Building Society's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=21728.783/3478
=6.25

Nationwide Building Society's current Enterprise Value is £21,729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nationwide Building Society's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £3,478 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.


Nationwide Building Society Enterprise Value Related Terms


Nationwide Building Society Enterprise Value Historical Data

* Premium members only.

The historical data trend for Nationwide Building Society's Enterprise Value 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.

Nationwide Building Society Enterprise Value Chart

Nationwide Building Society Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,907.58 11,609.15 14,136.47 26,720.67 21,719.62

Nationwide Building Society Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Enterprise Value 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 14,136.47 14,254.10 26,720.67 23,272.86 21,719.62

Nationwide Building Society Enterprise Value Competitor Comparison

For the Banks - Regional subindustry, Nationwide Building Society's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Nationwide Building Society Enterprise Value vs Banks Industry

For the Banks industry and Financial Services sector, Nationwide Building Society's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Nationwide Building Society's Enterprise Value falls into.


LSE:NBS
57GF Score
Nationwide Building Society LSE:NBS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nationwide Building Society Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Nationwide Building Society's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Nationwide Building Society's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of £21,729 Mil mean?
Nationwide Building Society (LSE:NBS) has a Enterprise Value of £21,729 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nationwide Building Society and its competitors.
Is Nationwide Building Society's Enterprise Value too high?
Nationwide Building Society's current Enterprise Value is £21,729 Mil. Overall, Nationwide Building Society has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nationwide Building Society's Enterprise Value compare to competitors?
Nationwide Building Society's Enterprise Value of £21,729 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Banks company?
A good Enterprise Value depends on the Banks industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nationwide Building Society and its competitors. Nationwide Building Society's current Enterprise Value is £21,729 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nationwide Building Society stock overvalued right now?
Based on GuruFocus' analysis, Nationwide Building Society (LSE:NBS) is currently considered Modestly Undervalued. The stock's GF Value™ is £178.26, compared to a current price of £129.00 — trading 27.6% below its estimated fair value. The current Enterprise Value is £21,729 Mil. Nationwide Building Society's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Nationwide Building Society (LSE:NBS), the current Enterprise Value is £21,729 Mil as of Jul. 04, 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 Nationwide Building Society (LSE:NBS) Overvalued in 2026?

Based on GuruFocus' analysis, Nationwide Building Society stock appears to be undervalued. The current stock price of £129.00 is trading 27.6% below its estimated GF Value™ of £178.26. GuruFocus considers Nationwide Building Society to be Modestly Undervalued.

Key valuation signals for LSE:NBS:

  • Enterprise Value: £21,729 Mil
  • GF Value™: £178.26 vs. price of £129.00 (27.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the LSE:NBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nationwide Building Society Business Description

Address Nationwide House, Pipers Way, Swindon, GBR, SN38 1NW
Nationwide Building Society is engaged in providing financial services. Its products include current accounts, savings accounts, loans, credit cards, mortgages, investments, and insurance products.
57GF Score

Get the complete analysis for LSE:NBS

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£129.00
Price
£178.26
GF Value