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Nine Entertainment Co. HoldingsASX:NEC +0.50%68 Equity-to-Asset is 0.58 as of Dec. 2025, which is 16% above its 10-year median of 0.50. GuruFocus rates ASX:NEC with a GF Score™ of 68/100 and a GF Value™ of A$1.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,025 Media - Diversified companies, Nine Entertainment Co. Holdings ranks better than 58.73% on this metric.
Nine Entertainment Co. Holdings (ASX:NEC) 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%.
Nine Entertainment Co. Holdings Equity-to-Asset Related Terms
Nine Entertainment Co. Holdings 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.
Nine Entertainment Co. Holdings Equity-to-Asset Chart
ASX:NEC vs NFLX, DIS, WBD: Equity-to-Asset Comparison
For the Entertainment subindustry, Nine Entertainment Co. Holdings'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.
Nine Entertainment Co. Holdings Equity-to-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's Equity-to-Asset falls into.
Nine Entertainment Co. Holdings 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.
* 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.
Nine Entertainment Co. Holdings (ASX:NEC) has a Equity-to-Asset of 0.58 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nine Entertainment Co. Holdings and its competitors. This is 16% above median its historical median of 0.50. Over the past decade, Nine Entertainment Co. Holdings' Equity-to-Asset has ranged from 0.40 to 0.62. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #423 out of 1025 companies in the Media - Diversified industry, placing it in the top 41.3%.
Is Nine Entertainment Co. Holdings' Equity-to-Asset too high?
Nine Entertainment Co. Holdings' current Equity-to-Asset of 0.58 is 16% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.62. The Media - Diversified industry median Equity-to-Asset is 0.51. Nine Entertainment Co. Holdings' value of 0.58 is 13.7% above this industry median. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #423 out of 1025 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' Equity-to-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #423 out of 1025 companies for Equity-to-Asset. This puts Nine Entertainment Co. Holdings in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Nine Entertainment Co. Holdings' value of 0.58 is 13.7% above this benchmark. Historically, Nine Entertainment Co. Holdings' own Equity-to-Asset has ranged from 0.40 to 0.62 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.51, Nine Entertainment Co. Holdings has consistently been above 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 Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,025 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. Nine Entertainment Co. Holdings's current Equity-to-Asset of 0.58 is 13.7% above 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 Nine Entertainment Co. Holdings and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Entertainment Co. Holdings's current Equity-to-Asset is 0.58, which is 16% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Entertainment Co. Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings (ASX:NEC) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.45, compared to a current price of A$1.01 — trading 30.3% below its estimated fair value. The current Equity-to-Asset is 0.58, which is 16% above median its 10-year median of 0.50 and 13.7% above the Media - Diversified industry median of 0.51. Nine Entertainment Co. Holdings' overall GF Score™ is 68/100 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 Nine Entertainment Co. Holdings (ASX:NEC), the current Equity-to-Asset is 0.58 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 Nine Entertainment Co. Holdings (ASX:NEC) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings stock appears to be undervalued.
The current stock price of A$1.01 is trading 30.3% below its estimated GF Value™ of A$1.45.
GuruFocus considers Nine Entertainment Co. Holdings to be Possible Value Trap.
Key valuation signals for ASX:NEC:
Equity-to-Asset: 0.58 (16% above median its 10-year median of 0.50)
GF Value™: A$1.45 vs. price of A$1.01 (30.3% below fair value)
Industry Position: 13.7% above the Media - Diversified median (#423 of 1025)
No single metric tells the full story. See the ASX:NEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In March 2026, Nine completed the purchase of outdoor advertising entity QMS Media for AUD 850 million.
68GF Score
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