Bank of Africa (CAS:BOA) ROE % Adjusted to Book Value: 9.21% (As of Mar. 2026)


CAS:BOA Bank of Africa CAS:BOA
50 GF Score
Price MAD192.50
GF Value MAD222.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bank of Africa ROE % Adjusted to Book Value?

Bank of Africa CAS:BOA -1.26% 50 ROE % Adjusted to Book Value is 9.21% as of Mar. 2026. GuruFocus rates CAS:BOA with a GF Score™ of 50/100 and a GF Value™ of MAD222.52 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bank of Africa's ROE % for the quarter that ended in Mar. 2026 was 12.44%. Bank of Africa's PB Ratio for the quarter that ended in Mar. 2026 was 1.35. Bank of Africa's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 9.21%.


Bank of Africa ROE % Adjusted to Book Value Related Terms


Bank of Africa ROE % Adjusted to Book Value Historical Data

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The historical data trend for Bank of Africa's ROE % Adjusted to Book Value 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.

Bank of Africa ROE % Adjusted to Book Value Chart

Bank of Africa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 6.62 7.17 8.07 8.03

Bank of Africa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.76 8.84 8.85 0.00 9.21

CAS:BOA vs JPM, BAC, WFC: ROE % Adjusted to Book Value Comparison

For the Banks - Diversified subindustry, Bank of Africa's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Bank of Africa ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Africa's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Bank of Africa's ROE % Adjusted to Book Value falls into.


CAS:BOA
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Bank of Africa CAS:BOA
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Africa ROE % Adjusted to Book Value Calculation

Bank of Africa's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.52% / 1.56
=8.03%

Bank of Africa's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.44% / 1.35
=9.21%

* 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.

What does a ROE % Adjusted to Book Value of 9.21% mean?
Bank of Africa (CAS:BOA) has a ROE % Adjusted to Book Value of 9.21% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Bank of Africa and its competitors.
Is Bank of Africa's ROE % Adjusted to Book Value too high?
Bank of Africa's current ROE % Adjusted to Book Value is 9.21%. Overall, Bank of Africa has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's ROE % Adjusted to Book Value compare to JPM and BAC?
Bank of Africa's ROE % Adjusted to Book Value of 9.21% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Bank of Africa and its competitors. Bank of Africa's current ROE % Adjusted to Book Value is 9.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Africa stock overvalued right now?
Based on GuruFocus' analysis, Bank of Africa (CAS:BOA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD222.52, compared to a current price of MAD192.50 — trading 13.5% below its estimated fair value. The current ROE % Adjusted to Book Value is 9.21%. Bank of Africa's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Bank of Africa (CAS:BOA), the current ROE % Adjusted to Book Value is 9.21% 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 Bank of Africa (CAS:BOA) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued. The current stock price of MAD192.50 is trading 13.5% below its estimated GF Value™ of MAD222.52. GuruFocus considers Bank of Africa to be Modestly Undervalued.

Key valuation signals for CAS:BOA:

  • ROE % Adjusted to Book Value: 9.21%
  • GF Value™: MAD222.52 vs. price of MAD192.50 (13.5% below fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the CAS:BOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Africa Business Description

Address Lotissement Mandarona Lot N 1, Imm. Promoffice Sidi Maarouf, Casablanca, MAR, 20000
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD192.50
Price
MAD222.52
GF Value