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The historical rank and industry rank for United Bank for Africa's Net Cash per Share or its related term are showing as below:
NSA:UBA's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 3.26 * Ranked among companies with meaningful Price-to-Net-Cash only.
United Bank for Africa (NSA:UBA) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
United Bank for Africa Net Cash per Share Related Terms
United Bank for Africa Net Cash per Share Historical Data
* Premium members only.
The historical data trend for United Bank for Africa's Net Cash per Share 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: Net Cash per Share Comparison
For the Banks - Diversified subindustry, United Bank for Africa's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Banks Industry
For the Banks industry and Financial Services sector, United Bank for Africa's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where United Bank for Africa's Price-to-Net-Cash falls into.
United Bank for Africa Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
United Bank for Africa's Net Cash per Share 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 Net Cash per Share of ₦-454.37 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on United Bank for Africa and its competitors. According to the industry distribution chart, United Bank for Africa ranks #999999 out of 8 companies in the Banks industry.
Is United Bank for Africa's Net Cash per Share too high?
United Bank for Africa's current Net Cash per Share is ₦-454.37. Based on the distribution chart, United Bank for Africa ranks #999999 out of 8 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, United Bank for Africa has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bank for Africa's Net Cash per Share compare to JPM and BAC?
According to the Banks industry distribution chart, United Bank for Africa ranks #999999 out of 8 companies for Net Cash per Share. This places United Bank for Africa in the lower half of its industry. The industry median Net Cash per Share is 3.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Banks company?
The median Net Cash per Share among Banks companies is 3.26, based on 8 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on United Bank for Africa and its competitors. For the Banks industry, the median Net Cash per Share is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Bank for Africa's current Net Cash per Share is ₦-454.37. 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 Modestly Overvalued. The stock's GF Value™ is ₦36.71, compared to a current price of ₦45.90 — trading 25% above its estimated fair value. The current Net Cash per Share is ₦-454.37. United Bank for Africa's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For United Bank for Africa (NSA:UBA), the current Net Cash per Share is ₦-454.37 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 ₦45.90 is trading 25% above its estimated GF Value™ of ₦36.71.
GuruFocus considers United Bank for Africa to be Modestly Overvalued.
Key valuation signals for NSA:UBA:
Net Cash per Share: ₦-454.37
GF Value™: ₦36.71 vs. price of ₦45.90 (25% above fair value)
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.
79GF Score
Get the complete analysis for NSA:UBA
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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