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Turners Automotive GroupASX:TRA 42 Equity-to-Asset is 0.30 as of Mar. 2026, which is 6% below its 10-year median of 0.32. GuruFocus rates ASX:TRA with a GF Score™ of 42/100 and a GF Value™ of A$3.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,339 Vehicles & Parts companies, Turners Automotive Group ranks worse than 78.64% on this metric.
Turners Automotive Group (ASX:TRA) 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%.
Turners Automotive Group Equity-to-Asset Related Terms
Turners Automotive Group 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.
ASX:TRA vs CVNA, PAG, KMX: Equity-to-Asset Comparison
For the Auto & Truck Dealerships subindustry, Turners Automotive 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.
Turners Automotive Group Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Turners Automotive Group's Equity-to-Asset falls into.
Turners Automotive 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.
Turners Automotive Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
Turners Automotive Group (ASX:TRA) has a Equity-to-Asset of 0.30 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Turners Automotive Group and its competitors. This is near median its historical median of 0.32. Over the past decade, Turners Automotive Group's Equity-to-Asset has ranged from 0.22 to 0.35. According to the industry distribution chart, Turners Automotive Group ranks #1053 out of 1339 companies in the Vehicles & Parts industry, placing it in the top 78.6%.
Is Turners Automotive Group's Equity-to-Asset too high?
Turners Automotive Group's current Equity-to-Asset of 0.30 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.35. The Vehicles & Parts industry median Equity-to-Asset is 0.48. Turners Automotive Group's value of 0.30 is 37.5% below this industry median. Based on the distribution chart, Turners Automotive Group ranks #1053 out of 1339 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Turners Automotive Group has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Equity-to-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #1053 out of 1339 companies for Equity-to-Asset. This places Turners Automotive Group in the lower half of its industry. The industry median Equity-to-Asset is 0.48. Turners Automotive Group's value of 0.30 is 37.5% below this benchmark. Historically, Turners Automotive Group's own Equity-to-Asset has ranged from 0.22 to 0.35 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.48, Turners Automotive 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.48, based on 1,339 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. Turners Automotive Group's current Equity-to-Asset of 0.30 is 37.5% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Equity-to-Asset is 0.30, which is near median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (ASX:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.87, compared to a current price of A$6.83 — trading 76.5% above its estimated fair value. The current Equity-to-Asset is 0.30, which is near median its 10-year median of 0.32 and 37.5% below the Vehicles & Parts industry median of 0.48. Turners Automotive Group's overall GF Score™ is 42/100 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 Turners Automotive Group (ASX:TRA), the current Equity-to-Asset is 0.30 as of Mar. 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 Turners Automotive Group (ASX:TRA) Overvalued in 2026?
Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued.
The current stock price of A$6.83 is trading 76.5% above its estimated GF Value™ of A$3.87.
GuruFocus considers Turners Automotive Group to be Significantly Overvalued.
Key valuation signals for ASX:TRA:
Equity-to-Asset: 0.30 (near median its 10-year median of 0.32)
GF Value™: A$3.87 vs. price of A$6.83 (76.5% above fair value)
Industry Position: 37.5% below the Vehicles & Parts median (#1053 of 1339)
No single metric tells the full story. See the ASX:TRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
42GF Score
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