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Airtel AfricaAARTY +0.02%58 Equity-to-Asset is 0.23 as of Mar. 2026, which is 12% below its 10-year median of 0.26. GuruFocus rates AARTY with a GF Score™ of 58/100 and a GF Value™ of $16.43 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 369 Telecommunication Services companies, Airtel Africa ranks worse than 77.51% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Airtel Africa's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3,148 Mil. Airtel Africa's Total Assets for the quarter that ended in Mar. 2026 was $13,963 Mil.
Therefore, Airtel Africa's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.23.
The historical rank and industry rank for Airtel Africa's Equity-to-Asset or its related term are showing as below:
AARTY'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.13 Med: 0.26 Max: 0.36
Current: 0.23
During the past 10 years, the highest Equity to Asset Ratio of Airtel Africa was 0.36. The lowest was -0.13. And the median was 0.26.
AARTY's Equity-to-Asset is ranked worse than 77.51% of 369
companies
in the Telecommunication Services industry
Industry Median: 0.39
vs AARTY: 0.23
Airtel Africa (OTCPK:AARTY) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Airtel Africa Equity-to-Asset Related Terms
Airtel Africa Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Airtel Africa's Equity-to-Asset 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 Telecom Services subindustry, Airtel Africa's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Airtel Africa Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Airtel Africa's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Airtel Africa's Equity to Asset Ratio for the fiscal year 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.
Airtel Africa (AARTY) has a Equity-to-Asset of 0.23 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Airtel Africa and its competitors. This is 12% below median its historical median of 0.26. According to the industry distribution chart, Airtel Africa ranks #286 out of 369 companies in the Telecommunication Services industry, placing it in the top 77.5%.
Is Airtel Africa's Equity-to-Asset too high?
Airtel Africa's current Equity-to-Asset of 0.23 is 12% below median its 10-year median of 0.26. The Telecommunication Services industry median Equity-to-Asset is 0.39. Airtel Africa's value of 0.23 is 41% below this industry median. Based on the distribution chart, Airtel Africa ranks #286 out of 369 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Airtel Africa has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #286 out of 369 companies for Equity-to-Asset. This places Airtel Africa in the lower half of its industry. The industry median Equity-to-Asset is 0.39. Airtel Africa's value of 0.23 is 41% below this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 0.39, Airtel 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 Equity-to-Asset for a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current Equity-to-Asset of 0.23 is 41% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current Equity-to-Asset is 0.23, which is 12% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Based on GuruFocus' analysis, Airtel Africa (AARTY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.43, compared to a current price of $47.07 — trading 186.5% above its estimated fair value. The current Equity-to-Asset is 0.23, which is 12% below median its 10-year median of 0.26 and 41% below the Telecommunication Services industry median of 0.39. Airtel Africa's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Airtel Africa (AARTY), the current Equity-to-Asset is 0.23 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 Airtel Africa (AARTY) Overvalued in 2026?
Based on GuruFocus' analysis, Airtel Africa stock appears to be overvalued.
The current stock price of $47.07 is trading 186.5% above its estimated GF Value™ of $16.43.
GuruFocus considers Airtel Africa to be Significantly Overvalued.
Key valuation signals for AARTY:
Equity-to-Asset: 0.23 (12% below median its 10-year median of 0.26)
GF Value™: $16.43 vs. price of $47.07 (186.5% above fair value)
Industry Position: 41% below the Telecommunication Services median (#286 of 369)
No single metric tells the full story. See the AARTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
58GF Score
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