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Imperial BrandsCHIX:IMBL -0.83%62 Equity-to-Asset is 0.14 as of Mar. 2026, which is 18% below its 10-year median of 0.17. GuruFocus rates CHIX:IMBL with a GF Score™ of 62/100 and a GF Value™ of £11.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 47 Tobacco Products companies, Imperial Brands ranks worse than 82.98% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imperial Brands's Total Stockholders Equity for the quarter that ended in Mar. 2026 was £4,034 Mil. Imperial Brands's Total Assets for the quarter that ended in Mar. 2026 was £28,232 Mil.
Therefore, Imperial Brands's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.14.
The historical rank and industry rank for Imperial Brands's Equity-to-Asset or its related term are showing as below:
CHIX:IMBl'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 0.22
Current: 0.14
During the past 13 years, the highest Equity to Asset Ratio of Imperial Brands was 0.22. The lowest was 0.13. And the median was 0.17.
CHIX:IMBl's Equity-to-Asset is ranked worse than 82.98% of 47
companies
in the Tobacco Products industry
Industry Median: 0.46
vs CHIX:IMBl: 0.14
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%.
Imperial Brands Equity-to-Asset Related Terms
Imperial Brands Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Imperial Brands'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.
CHIX:IMBL vs PM, MO, TPB: Equity-to-Asset Comparison
For the Tobacco subindustry, Imperial Brands'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.
Imperial Brands Equity-to-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Imperial Brands'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.
Imperial Brands's Equity to Asset Ratio for the fiscal year that ended in Sep. 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.
Imperial Brands (CHIX:IMBL) has a Equity-to-Asset of 0.14 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Imperial Brands and its competitors. This is 18% below median its historical median of 0.17. Over the past decade, Imperial Brands' Equity-to-Asset has ranged from 0.13 to 0.22. According to the industry distribution chart, Imperial Brands ranks #39 out of 47 companies in the Tobacco Products industry, placing it in the top 83%.
Is Imperial Brands' Equity-to-Asset too high?
Imperial Brands' current Equity-to-Asset of 0.14 is 18% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.22. The Tobacco Products industry median Equity-to-Asset is 0.46. Imperial Brands' value of 0.14 is 69.6% below this industry median. Based on the distribution chart, Imperial Brands ranks #39 out of 47 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Imperial Brands has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Equity-to-Asset compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #39 out of 47 companies for Equity-to-Asset. This places Imperial Brands in the lower half of its industry. The industry median Equity-to-Asset is 0.46. Imperial Brands' value of 0.14 is 69.6% below this benchmark. Historically, Imperial Brands' own Equity-to-Asset has ranged from 0.13 to 0.22 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.46, Imperial Brands 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 Tobacco Products company?
The median Equity-to-Asset among Tobacco Products companies is 0.46, based on 47 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. Imperial Brands's current Equity-to-Asset of 0.14 is 69.6% 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 Imperial Brands and its competitors. For the Tobacco Products industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current Equity-to-Asset is 0.14, which is 18% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (CHIX:IMBL) is currently considered Significantly Overvalued. The stock's GF Value™ is £11.95, compared to a current price of £24.97 — trading 108.9% above its estimated fair value. The current Equity-to-Asset is 0.14, which is 18% below median its 10-year median of 0.17 and 69.6% below the Tobacco Products industry median of 0.46. Imperial Brands' overall GF Score™ is 62/100 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 Imperial Brands (CHIX:IMBL), the current Equity-to-Asset is 0.14 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 Imperial Brands (CHIX:IMBL) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued.
The current stock price of £24.97 is trading 108.9% above its estimated GF Value™ of £11.95.
GuruFocus considers Imperial Brands to be Significantly Overvalued.
Key valuation signals for CHIX:IMBL:
Equity-to-Asset: 0.14 (18% below median its 10-year median of 0.17)
GF Value™: £11.95 vs. price of £24.97 (108.9% above fair value)
Industry Position: 69.6% below the Tobacco Products median (#39 of 47)
No single metric tells the full story. See the CHIX:IMBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
62GF Score
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