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African Rainbow MineralsAFBOF 81 Equity-to-Asset is 0.74 as of Dec. 2025, which is 3% below its 10-year median of 0.76. GuruFocus rates AFBOF with a GF Score™ of 81/100 and a GF Value™ of $12.58 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,669 Metals & Mining companies, African Rainbow Minerals ranks worse than 54.51% on this metric.
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%.
African Rainbow Minerals Equity-to-Asset Related Terms
African Rainbow Minerals Equity-to-Asset Historical 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.
For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.
African Rainbow Minerals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where African Rainbow Minerals'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.
African Rainbow Minerals's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
African Rainbow Minerals (AFBOF) has a Equity-to-Asset of 0.74 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on African Rainbow Minerals and its competitors. This is near median its historical median of 0.76. Over the past decade, African Rainbow Minerals' Equity-to-Asset has ranged from 0.68 to 0.78. According to the industry distribution chart, African Rainbow Minerals ranks #1455 out of 2669 companies in the Metals & Mining industry, placing it in the top 54.5%.
Is African Rainbow Minerals' Equity-to-Asset too high?
African Rainbow Minerals' current Equity-to-Asset of 0.74 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 0.78. The Metals & Mining industry median Equity-to-Asset is 0.80. African Rainbow Minerals' value of 0.74 is 7.5% below this industry median. Based on the distribution chart, African Rainbow Minerals ranks #1455 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, African Rainbow Minerals has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #1455 out of 2669 companies for Equity-to-Asset. This places African Rainbow Minerals in the lower half of its industry. The industry median Equity-to-Asset is 0.80. African Rainbow Minerals' value of 0.74 is 7.5% below this benchmark. Historically, African Rainbow Minerals' own Equity-to-Asset has ranged from 0.68 to 0.78 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.80, African Rainbow Minerals 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 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. African Rainbow Minerals's current Equity-to-Asset of 0.74 is 7.5% 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 African Rainbow Minerals and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Rainbow Minerals's current Equity-to-Asset is 0.74, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.58, compared to a current price of $11.07 — trading 12% below its estimated fair value. The current Equity-to-Asset is 0.74, which is near median its 10-year median of 0.76 and 7.5% below the Metals & Mining industry median of 0.80. African Rainbow Minerals' overall GF Score™ is 81/100 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 African Rainbow Minerals (AFBOF), the current Equity-to-Asset is 0.74 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 African Rainbow Minerals (AFBOF) Overvalued in 2026?
Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued.
The current stock price of $11.07 is trading 12% below its estimated GF Value™ of $12.58.
GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.
Key valuation signals for AFBOF:
Equity-to-Asset: 0.74 (near median its 10-year median of 0.76)
GF Value™: $12.58 vs. price of $11.07 (12% below fair value)
Industry Position: 7.5% below the Metals & Mining median (#1455 of 2669)
No single metric tells the full story. See the AFBOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
81GF Score
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