Accent Group (ASX:AX1) Equity-to-Asset: 0.35 (As of Dec. 2025) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:AX1 Accent Group Ltd ASX:AX1
78 GF Score
Price A$0.72
GF Value A$1.98
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Accent Group Equity-to-Asset?

Accent Group ASX:AX1 -1.38% 78 Equity-to-Asset is 0.35 as of Dec. 2025, which is 10% below its 10-year median of 0.39. GuruFocus rates ASX:AX1 with a GF Score™ of 78/100 and a GF Value™ of A$1.98 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,135 Retail - Cyclical companies, Accent Group ranks worse than 65.64% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accent Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$496 Mil. Accent Group's Total Assets for the quarter that ended in Dec. 2025 was A$1,421 Mil. Therefore, Accent Group's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.35.

The historical rank and industry rank for Accent Group's Equity-to-Asset or its related term are showing as below:

ASX:AX1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.39   Max: 0.68
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Accent Group was 0.68. The lowest was 0.35. And the median was 0.39.

ASX:AX1's Equity-to-Asset is ranked worse than
65.64% of 1135 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs ASX:AX1: 0.35

Accent Group  (ASX:AX1) 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%.


Accent Group Equity-to-Asset Related Terms


Accent Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Accent Group'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.

Accent Group Equity-to-Asset Chart

Accent Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.36 0.38 0.37 0.38

Accent Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset 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 0.37 0.37 0.36 0.38 0.35

ASX:AX1 vs TJX, ROST, BURL: Equity-to-Asset Comparison

For the Apparel Retail subindustry, Accent Group'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.


Accent Group Equity-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Accent Group's Equity-to-Asset falls into.


ASX:AX1
78GF Score
Accent Group Ltd ASX:AX1
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accent Group 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.

Accent Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=475.09/1253.003
=0.38

Accent Group's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=495.927/1420.687
=0.35

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.35 mean?
Accent Group (ASX:AX1) has a Equity-to-Asset of 0.35 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Accent Group and its competitors. This is 10% below median its historical median of 0.39. Over the past decade, Accent Group's Equity-to-Asset has ranged from 0.35 to 0.68. According to the industry distribution chart, Accent Group ranks #745 out of 1135 companies in the Retail - Cyclical industry, placing it in the top 65.6%.
Is Accent Group's Equity-to-Asset too high?
Accent Group's current Equity-to-Asset of 0.35 is 10% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.68. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Accent Group's value of 0.35 is 20.5% below this industry median. Based on the distribution chart, Accent Group ranks #745 out of 1135 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Accent Group has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Equity-to-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #745 out of 1135 companies for Equity-to-Asset. This places Accent Group in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Accent Group's value of 0.35 is 20.5% below this benchmark. Historically, Accent Group's own Equity-to-Asset has ranged from 0.35 to 0.68 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.44, Accent Group 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 Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,135 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. Accent Group's current Equity-to-Asset of 0.35 is 20.5% 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 Accent Group and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Equity-to-Asset is 0.35, which is 10% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.98, compared to a current price of A$0.72 — trading 63.9% below its estimated fair value. The current Equity-to-Asset is 0.35, which is 10% below median its 10-year median of 0.39 and 20.5% below the Retail - Cyclical industry median of 0.44. Accent Group's overall GF Score™ is 78/100 with 7 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 Accent Group (ASX:AX1), the current Equity-to-Asset is 0.35 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 Accent Group (ASX:AX1) Overvalued in 2026?

Based on GuruFocus' analysis, Accent Group stock appears to be undervalued. The current stock price of A$0.72 is trading 63.9% below its estimated GF Value™ of A$1.98. GuruFocus considers Accent Group to be Possible Value Trap.

Key valuation signals for ASX:AX1:

  • Equity-to-Asset: 0.35 (10% below median its 10-year median of 0.39)
  • GF Value™: A$1.98 vs. price of A$0.72 (63.9% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 20.5% below the Retail - Cyclical median (#745 of 1135)

No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accent Group Business Description

Address 2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
78GF Score

Get the complete analysis for ASX:AX1

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.72
Price
A$1.98
GF Value