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NRW HoldingsASX:NWH 67 Equity-to-Asset is 0.31 as of Dec. 2025, which is 26% below its 10-year median of 0.42. GuruFocus rates ASX:NWH with a GF Score™ of 67/100 and a GF Value™ of A$4.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 557 Conglomerates companies, NRW Holdings ranks worse than 73.07% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NRW Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$641 Mil. NRW Holdings's Total Assets for the quarter that ended in Dec. 2025 was A$2,049 Mil.
Therefore, NRW Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.31.
The historical rank and industry rank for NRW Holdings's Equity-to-Asset or its related term are showing as below:
ASX:NWH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.42 Max: 0.6
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of NRW Holdings was 0.60. The lowest was 0.31. And the median was 0.42.
ASX:NWH's Equity-to-Asset is ranked worse than 73.07% of 557
companies
in the Conglomerates industry
Industry Median: 0.45
vs ASX:NWH: 0.31
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%.
NRW Holdings Equity-to-Asset Related Terms
NRW Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NRW Holdings'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.
For the Conglomerates subindustry, NRW 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.
NRW Holdings Equity-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, NRW Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NRW Holdings'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.
NRW Holdings'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.
NRW Holdings (ASX:NWH) has a Equity-to-Asset of 0.31 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NRW Holdings and its competitors. This is 26% below median its historical median of 0.42. Over the past decade, NRW Holdings' Equity-to-Asset has ranged from 0.31 to 0.60. According to the industry distribution chart, NRW Holdings ranks #407 out of 557 companies in the Conglomerates industry, placing it in the top 73.1%.
Is NRW Holdings' Equity-to-Asset too high?
NRW Holdings' current Equity-to-Asset of 0.31 is 26% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.60. The Conglomerates industry median Equity-to-Asset is 0.45. NRW Holdings' value of 0.31 is 31.1% below this industry median. Based on the distribution chart, NRW Holdings ranks #407 out of 557 companies in the Conglomerates industry, which is below the industry midpoint. Overall, NRW Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' Equity-to-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, NRW Holdings ranks #407 out of 557 companies for Equity-to-Asset. This places NRW Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.45. NRW Holdings' value of 0.31 is 31.1% below this benchmark. Historically, NRW Holdings' own Equity-to-Asset has ranged from 0.31 to 0.60 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.45, NRW Holdings 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 557 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. NRW Holdings's current Equity-to-Asset of 0.31 is 31.1% 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 NRW Holdings and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRW Holdings's current Equity-to-Asset is 0.31, which is 26% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.48, compared to a current price of A$7.20 — trading 60.7% above its estimated fair value. The current Equity-to-Asset is 0.31, which is 26% below median its 10-year median of 0.42 and 31.1% below the Conglomerates industry median of 0.45. NRW Holdings' overall GF Score™ is 67/100 with 8 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 NRW Holdings (ASX:NWH), the current Equity-to-Asset is 0.31 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 NRW Holdings (ASX:NWH) Overvalued in 2026?
Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued.
The current stock price of A$7.20 is trading 60.7% above its estimated GF Value™ of A$4.48.
GuruFocus considers NRW Holdings to be Significantly Overvalued.
Key valuation signals for ASX:NWH:
Equity-to-Asset: 0.31 (26% below median its 10-year median of 0.42)
GF Value™: A$4.48 vs. price of A$7.20 (60.7% above fair value)
Industry Position: 31.1% below the Conglomerates median (#407 of 557)
No single metric tells the full story. See the ASX:NWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
67GF Score
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