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United Bank for AfricaNSA:UBA +3.22%73 Equity-to-Asset is 0.12 as of Dec. 2025, which is 20% above its 10-year median of 0.10. GuruFocus rates NSA:UBA with a GF Score™ of 73/100 and a GF Value™ of ₦30.88 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,525 Banks companies, United Bank for Africa ranks better than 72.07% on this metric.
United Bank for Africa (NSA:UBA) 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%.
United Bank for Africa Equity-to-Asset Related Terms
United Bank for Africa Equity-to-Asset Historical Data
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The historical data trend for United Bank for 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.
NSA:UBA vs JPM, BAC, WFC: Equity-to-Asset Comparison
For the Banks - Diversified subindustry, United Bank for 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.
United Bank for Africa Equity-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, United Bank for Africa's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where United Bank for Africa's Equity-to-Asset falls into.
United Bank for Africa Equity-to-Asset Calculation
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.
United Bank for Africa'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.
United Bank for Africa (NSA:UBA) has a Equity-to-Asset of 0.12 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Bank for Africa and its competitors. This is 20% above median its historical median of 0.10. Over the past decade, United Bank for Africa's Equity-to-Asset has ranged from 0.08 to 0.13. According to the industry distribution chart, United Bank for Africa ranks #426 out of 1525 companies in the Banks industry, placing it in the top 27.9%.
Is United Bank for Africa's Equity-to-Asset too high?
United Bank for Africa's current Equity-to-Asset of 0.12 is 20% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.13. The Banks industry median Equity-to-Asset is 0.10. United Bank for Africa's value of 0.12 is 20% above this industry median. Based on the distribution chart, United Bank for Africa ranks #426 out of 1525 companies in the Banks industry, which is above the industry midpoint. Overall, United Bank for Africa has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bank for Africa's Equity-to-Asset compare to JPM and BAC?
According to the Banks industry distribution chart, United Bank for Africa ranks #426 out of 1525 companies for Equity-to-Asset. This puts United Bank for Africa in the upper half of its industry. The industry median Equity-to-Asset is 0.10. United Bank for Africa's value of 0.12 is 20% above this benchmark. Historically, United Bank for Africa's own Equity-to-Asset has ranged from 0.08 to 0.13 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.10, United Bank for Africa has consistently been above 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 1,525 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. United Bank for Africa's current Equity-to-Asset of 0.12 is 20% above 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 United Bank for Africa 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. United Bank for Africa's current Equity-to-Asset is 0.12, which is 20% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bank for Africa stock overvalued right now?
Based on GuruFocus' analysis, United Bank for Africa (NSA:UBA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.88, compared to a current price of ₦44.90 — trading 45.4% above its estimated fair value. The current Equity-to-Asset is 0.12, which is 20% above median its 10-year median of 0.10 and 20% above the Banks industry median of 0.10. United Bank for Africa's overall GF Score™ is 73/100 with 4 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 United Bank for Africa (NSA:UBA), the current Equity-to-Asset is 0.12 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 United Bank for Africa (NSA:UBA) Overvalued in 2026?
Based on GuruFocus' analysis, United Bank for Africa stock appears to be overvalued.
The current stock price of ₦44.90 is trading 45.4% above its estimated GF Value™ of ₦30.88.
GuruFocus considers United Bank for Africa to be Significantly Overvalued.
Key valuation signals for NSA:UBA:
Equity-to-Asset: 0.12 (20% above median its 10-year median of 0.10)
GF Value™: ₦30.88 vs. price of ₦44.90 (45.4% above fair value)
Industry Position: 20% above the Banks median (#426 of 1525)
No single metric tells the full story. See the NSA:UBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.
73GF Score
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