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Wafa AssuranceCAS:WAA 69 Equity-to-Asset is 0.20 as of Dec. 2025, which is 33% above its 10-year median of 0.15. GuruFocus rates CAS:WAA with a GF Score™ of 69/100 and a GF Value™ of MAD6,430.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 505 Insurance companies, Wafa Assurance ranks worse than 61.98% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wafa Assurance's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MAD14,960 Mil. Wafa Assurance's Total Assets for the quarter that ended in Dec. 2025 was MAD75,534 Mil.
Therefore, Wafa Assurance's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.20.
The historical rank and industry rank for Wafa Assurance's Equity-to-Asset or its related term are showing as below:
CAS:WAA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.15 Max: 0.2
Current: 0.2
During the past 13 years, the highest Equity to Asset Ratio of Wafa Assurance was 0.20. The lowest was 0.13. And the median was 0.15.
CAS:WAA's Equity-to-Asset is ranked worse than 61.98% of 505
companies
in the Insurance industry
Industry Median: 0.26
vs CAS:WAA: 0.20
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%.
Wafa Assurance Equity-to-Asset Related Terms
Wafa Assurance Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Wafa Assurance'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.
CAS:WAA vs FNF, AXS, FAF: Equity-to-Asset Comparison
For the Insurance - Specialty subindustry, Wafa Assurance'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.
Wafa Assurance Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Wafa Assurance's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wafa Assurance'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.
Wafa Assurance's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Wafa Assurance (CAS:WAA) has a Equity-to-Asset of 0.20 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wafa Assurance and its competitors. This is 33% above median its historical median of 0.15. Over the past decade, Wafa Assurance's Equity-to-Asset has ranged from 0.13 to 0.20. According to the industry distribution chart, Wafa Assurance ranks #313 out of 505 companies in the Insurance industry, placing it in the top 62%.
Is Wafa Assurance's Equity-to-Asset too high?
Wafa Assurance's current Equity-to-Asset of 0.20 is 33% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.20. The Insurance industry median Equity-to-Asset is 0.26. Wafa Assurance's value of 0.20 is 23.1% below this industry median. Based on the distribution chart, Wafa Assurance ranks #313 out of 505 companies in the Insurance industry, which is below the industry midpoint. Overall, Wafa Assurance has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wafa Assurance's Equity-to-Asset compare to FNF and AXS?
According to the Insurance industry distribution chart, Wafa Assurance ranks #313 out of 505 companies for Equity-to-Asset. This places Wafa Assurance in the lower half of its industry. The industry median Equity-to-Asset is 0.26. Wafa Assurance's value of 0.20 is 23.1% below this benchmark. Historically, Wafa Assurance's own Equity-to-Asset has ranged from 0.13 to 0.20 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.26, Wafa Assurance 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 an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 505 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. Wafa Assurance's current Equity-to-Asset of 0.20 is 23.1% 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 Wafa Assurance and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafa Assurance's current Equity-to-Asset is 0.20, which is 33% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafa Assurance stock overvalued right now?
Based on GuruFocus' analysis, Wafa Assurance (CAS:WAA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD6,430.61, compared to a current price of MAD5,684.00 — trading 11.6% below its estimated fair value. The current Equity-to-Asset is 0.20, which is 33% above median its 10-year median of 0.15 and 23.1% below the Insurance industry median of 0.26. Wafa Assurance's overall GF Score™ is 69/100 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 Wafa Assurance (CAS:WAA), the current Equity-to-Asset is 0.20 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 Wafa Assurance (CAS:WAA) Overvalued in 2026?
Based on GuruFocus' analysis, Wafa Assurance stock appears to be undervalued.
The current stock price of MAD5,684.00 is trading 11.6% below its estimated GF Value™ of MAD6,430.61.
GuruFocus considers Wafa Assurance to be Modestly Undervalued.
Key valuation signals for CAS:WAA:
Equity-to-Asset: 0.20 (33% above median its 10-year median of 0.15)
GF Value™: MAD6,430.61 vs. price of MAD5,684.00 (11.6% below fair value)
Industry Position: 23.1% below the Insurance median (#313 of 505)
No single metric tells the full story. See the CAS:WAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.
69GF Score
Get the complete analysis for CAS:WAA
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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