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GR Engineering ServicesASX:GNG +4.33%60 Equity-to-Asset is 0.29 as of Jun. 2026, which is 15% below its 10-year median of 0.34. GuruFocus rates ASX:GNG with a GF Score™ of 60/100 and a GF Value™ of A$2.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,672 Metals & Mining companies, GR Engineering Services ranks worse than 83.91% on this metric.
GR Engineering Services (ASX:GNG) 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%.
GR Engineering Services Equity-to-Asset Related Terms
GR Engineering Services 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.
GR Engineering Services Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, GR Engineering Services'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.
GR Engineering Services Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, GR Engineering Services's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GR Engineering Services's Equity-to-Asset falls into.
GR Engineering Services 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.
GR Engineering Services's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 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.
GR Engineering Services (ASX:GNG) has a Equity-to-Asset of 0.29 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GR Engineering Services and its competitors. This is 15% below median its historical median of 0.34. Over the past decade, GR Engineering Services' Equity-to-Asset has ranged from 0.27 to 0.62. According to the industry distribution chart, GR Engineering Services ranks #2242 out of 2672 companies in the Metals & Mining industry, placing it in the top 83.9%.
Is GR Engineering Services' Equity-to-Asset too high?
GR Engineering Services' current Equity-to-Asset of 0.29 is 15% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.62. The Metals & Mining industry median Equity-to-Asset is 0.80. GR Engineering Services' value of 0.29 is 63.8% below this industry median. Based on the distribution chart, GR Engineering Services ranks #2242 out of 2672 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GR Engineering Services has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GR Engineering Services' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, GR Engineering Services ranks #2242 out of 2672 companies for Equity-to-Asset. This places GR Engineering Services in the lower half of its industry. The industry median Equity-to-Asset is 0.80. GR Engineering Services' value of 0.29 is 63.8% below this benchmark. Historically, GR Engineering Services' own Equity-to-Asset has ranged from 0.27 to 0.62 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.80, GR Engineering Services 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 2,672 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. GR Engineering Services's current Equity-to-Asset of 0.29 is 63.8% 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 GR Engineering Services 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. GR Engineering Services's current Equity-to-Asset is 0.29, which is 15% below 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 GR Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, GR Engineering Services (ASX:GNG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.95, compared to a current price of A$6.75 — trading 128.8% above its estimated fair value. The current Equity-to-Asset is 0.29, which is 15% below median its 10-year median of 0.34 and 63.8% below the Metals & Mining industry median of 0.80. GR Engineering Services' overall GF Score™ is 60/100 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 GR Engineering Services (ASX:GNG), the current Equity-to-Asset is 0.29 as of Jun. 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 GR Engineering Services (ASX:GNG) Overvalued in 2026?
Based on GuruFocus' analysis, GR Engineering Services stock appears to be overvalued.
The current stock price of A$6.75 is trading 128.8% above its estimated GF Value™ of A$2.95.
GuruFocus considers GR Engineering Services to be Significantly Overvalued.
Key valuation signals for ASX:GNG:
Equity-to-Asset: 0.29 (15% below median its 10-year median of 0.34)
GF Value™: A$2.95 vs. price of A$6.75 (128.8% above fair value)
Industry Position: 63.8% below the Metals & Mining median (#2242 of 2672)
No single metric tells the full story. See the ASX:GNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GR Engineering Services Ltd provides process engineering, detailed engineering design, process control, and automation design and construction services to the mining and mineral processing industry. In addition, it also provides operations, maintenance, engineering, and advisory services to the energy sector. The company has been a part of several projects, including the Mungari Future Growth Project, Kathleen Valley Lithium Backfill Project, and the Woodlawn Restart Project, among others. It operates in two segments: Mineral Processing and Oil and Gas. Key revenue is derived from the Mineral processing segment, which includes Engineering, Procurement, and Construction (EPC) contracts of mineral projects. Geographically, the group derives maximum revenue from its business in Australia.
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