Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nedbank GroupNAM:NBK 70 Equity-to-Asset is 0.08 as of Jun. 2026, which is 11% below its 10-year median of 0.09. GuruFocus rates NAM:NBK with a GF Score™ of 70/100 and a GF Value™ of R283.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,518 Banks companies, Nedbank Group ranks worse than 66.27% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nedbank Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R130,171 Mil. Nedbank Group's Total Assets for the quarter that ended in Jun. 2026 was R1,609,997 Mil.
Therefore, Nedbank Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.08.
The historical rank and industry rank for Nedbank Group's Equity-to-Asset or its related term are showing as below:
NAM:NBK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.09 Max: 0.09
Current: 0.08
During the past 13 years, the highest Equity to Asset Ratio of Nedbank Group was 0.09. The lowest was 0.08. And the median was 0.09.
NAM:NBK's Equity-to-Asset is ranked worse than 66.27% of 1518
companies
in the Banks industry
Industry Median: 0.1
vs NAM:NBK: 0.08
Nedbank Group (NAM:NBK) 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%.
Nedbank Group Equity-to-Asset Related Terms
Nedbank Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nedbank Group'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 Banks - Regional subindustry, Nedbank Group'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.
Nedbank Group Equity-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Nedbank Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nedbank Group'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.
Nedbank Group'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.
Nedbank Group (NAM:NBK) has a Equity-to-Asset of 0.08 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nedbank Group and its competitors. This is 11% below median its historical median of 0.09. Over the past decade, Nedbank Group's Equity-to-Asset has ranged from 0.08 to 0.09. According to the industry distribution chart, Nedbank Group ranks #1006 out of 1518 companies in the Banks industry, placing it in the top 66.3%.
Is Nedbank Group's Equity-to-Asset too high?
Nedbank Group's current Equity-to-Asset of 0.08 is 11% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.09. The Banks industry median Equity-to-Asset is 0.10. Nedbank Group's value of 0.08 is 20% below this industry median. Based on the distribution chart, Nedbank Group ranks #1006 out of 1518 companies in the Banks industry, which is below the industry midpoint. Overall, Nedbank Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nedbank Group's Equity-to-Asset compare to USB and PNC?
According to the Banks industry distribution chart, Nedbank Group ranks #1006 out of 1518 companies for Equity-to-Asset. This places Nedbank Group in the lower half of its industry. The industry median Equity-to-Asset is 0.10. Nedbank Group's value of 0.08 is 20% below this benchmark. Historically, Nedbank Group's own Equity-to-Asset has ranged from 0.08 to 0.09 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.10, Nedbank Group 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 Banks company?
The median Equity-to-Asset among Banks companies is 0.10, based on 1,518 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. Nedbank Group's current Equity-to-Asset of 0.08 is 20% 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 Nedbank Group and its competitors. For the Banks industry, the median Equity-to-Asset is 0.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nedbank Group's current Equity-to-Asset is 0.08, which is 11% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nedbank Group stock overvalued right now?
Based on GuruFocus' analysis, Nedbank Group (NAM:NBK) is currently considered Fairly Valued. The stock's GF Value™ is R283.36, compared to a current price of R301.31 — trading 6.3% above its estimated fair value. The current Equity-to-Asset is 0.08, which is 11% below median its 10-year median of 0.09 and 20% below the Banks industry median of 0.10. Nedbank Group's overall GF Score™ is 70/100 with 6 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 Nedbank Group (NAM:NBK), the current Equity-to-Asset is 0.08 as of Jun. 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 Nedbank Group (NAM:NBK) Overvalued in 2026?
Based on GuruFocus' analysis, Nedbank Group stock appears to be overvalued.
The current stock price of R301.31 is trading 6.3% above its estimated GF Value™ of R283.36.
GuruFocus considers Nedbank Group to be Fairly Valued.
Key valuation signals for NAM:NBK:
Equity-to-Asset: 0.08 (11% below median its 10-year median of 0.09)
GF Value™: R283.36 vs. price of R301.31 (6.3% above fair value)
Industry Position: 20% below the Banks median (#1006 of 1518)
No single metric tells the full story. See the NAM:NBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Business and Commercial Banking, Nedbank Personal and Private Banking and Nedbank Africa Regions.
70GF Score
Get the complete analysis for NAM:NBK
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAM:NBK has been successfully added to your 
