Nationwide Building SocietyLSE:NBS 61 ROA % is 0.38% as of Mar. 2026, which is 12% above its 10-year median of 0.34. GuruFocus rates LSE:NBS with a GF Score™ of 61/100 and a GF Value™ of £177.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,532 Banks companies, Nationwide Building Society ranks worse than 87.4% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nationwide Building Society's annualizedNet Income for the quarter that ended in Mar. 2026 was £1,436 Mil.
Nationwide Building Society's average Total Assets over the quarter that ended in Mar. 2026 was £379,899 Mil. Therefore, Nationwide Building Society's annualized ROA % for the quarter that ended in Mar. 2026 was 0.38%.
The historical rank and industry rank for Nationwide Building Society's ROA % or its related term are showing as below:
LSE:NBS'
s ROA % Range Over the Past 10 Years
Min: 0.15 Med: 0.34 Max: 0.72
Current: 0.28
During the past 13 years, Nationwide Building Society's highest ROA % was 0.72%. The lowest was 0.15%. And the median was 0.34%.
LSE:NBS's ROA % is ranked worse than 87.4% of 1532
companies
in the Banks industry
Industry Median: 0.98
vs LSE:NBS: 0.28
Nationwide Building Society (LSE:NBS) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
Nationwide Building Society ROA % Competitor Comparison
For the Banks - Regional subindustry, Nationwide Building Society's ROA %, along with its competitors' market caps and ROA % 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.
Nationwide Building Society ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Nationwide Building Society's ROA % distribution charts can be found below:
* The bar in red indicates where Nationwide Building Society's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Nationwide Building Society (LSE:NBS) has a ROA % of 0.38% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nationwide Building Society and its competitors. This is 12% above median its historical median of 0.34. Over the past decade, Nationwide Building Society's ROA % has ranged from 0.15 to 0.72. According to the industry distribution chart, Nationwide Building Society ranks #1339 out of 1532 companies in the Banks industry, placing it in the top 87.4%.
Is Nationwide Building Society's ROA % too high?
Nationwide Building Society's current ROA % of 0.38% is 12% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.72. The Banks industry median ROA % is 0.98. Nationwide Building Society's value of 0.38% is 61.2% below this industry median. Based on the distribution chart, Nationwide Building Society ranks #1339 out of 1532 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nationwide Building Society has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nationwide Building Society's ROA % compare to competitors?
According to the Banks industry distribution chart, Nationwide Building Society ranks #1339 out of 1532 companies for ROA %. This places Nationwide Building Society in the lower half of its industry. The industry median ROA % is 0.98. Nationwide Building Society's value of 0.38% is 61.2% below this benchmark. Historically, Nationwide Building Society's own ROA % has ranged from 0.15 to 0.72 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.98, Nationwide Building Society 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 ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,532 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nationwide Building Society's current ROA % of 0.38% is 61.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Nationwide Building Society and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nationwide Building Society's current ROA % is 0.38%, which is 12% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nationwide Building Society stock overvalued right now?
Based on GuruFocus' analysis, Nationwide Building Society (LSE:NBS) is currently considered Modestly Undervalued. The stock's GF Value™ is £177.75, compared to a current price of £129.00 — trading 27.4% below its estimated fair value. The current ROA % is 0.38%, which is 12% above median its 10-year median of 0.34 and 61.2% below the Banks industry median of 0.98. Nationwide Building Society's overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Nationwide Building Society (LSE:NBS), the current ROA % is 0.38% 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 Nationwide Building Society (LSE:NBS) Overvalued in 2026?
Based on GuruFocus' analysis, Nationwide Building Society stock appears to be undervalued.
The current stock price of £129.00 is trading 27.4% below its estimated GF Value™ of £177.75.
GuruFocus considers Nationwide Building Society to be Modestly Undervalued.
Key valuation signals for LSE:NBS:
ROA %: 0.38% (12% above median its 10-year median of 0.34)
GF Value™: £177.75 vs. price of £129.00 (27.4% below fair value)
Industry Position: 61.2% below the Banks median (#1339 of 1532)
No single metric tells the full story. See the LSE:NBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nationwide Building Society is engaged in providing financial services. Its products include current accounts, savings accounts, loans, credit cards, mortgages, investments, and insurance products.
61GF Score
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