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Sao MartinhoBSP:SMTO3 +2.58%78 Equity-to-Asset is 0.31 as of Mar. 2026, which is 3% below its 10-year median of 0.32. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$25.41 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,614 Chemicals companies, Sao Martinho ranks worse than 87.73% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sao Martinho's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$7,364 Mil. Sao Martinho's Total Assets for the quarter that ended in Mar. 2026 was R$23,418 Mil.
Therefore, Sao Martinho's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.31.
The historical rank and industry rank for Sao Martinho's Equity-to-Asset or its related term are showing as below:
BSP:SMTO3'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.32 Max: 0.39
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of Sao Martinho was 0.39. The lowest was 0.28. And the median was 0.32.
BSP:SMTO3's Equity-to-Asset is ranked worse than 87.73% of 1614
companies
in the Chemicals industry
Industry Median: 0.6
vs BSP:SMTO3: 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%.
Sao Martinho Equity-to-Asset Related Terms
Sao Martinho Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Sao Martinho'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.
BSP:SMTO3 vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Sao Martinho'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.
Sao Martinho Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sao Martinho's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sao Martinho'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.
Sao Martinho'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.
Sao Martinho (BSP:SMTO3) has a Equity-to-Asset of 0.31 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sao Martinho and its competitors. This is near median its historical median of 0.32. Over the past decade, Sao Martinho's Equity-to-Asset has ranged from 0.28 to 0.39. According to the industry distribution chart, Sao Martinho ranks #1416 out of 1614 companies in the Chemicals industry, placing it in the top 87.7%.
Is Sao Martinho's Equity-to-Asset too high?
Sao Martinho's current Equity-to-Asset of 0.31 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.39. The Chemicals industry median Equity-to-Asset is 0.60. Sao Martinho's value of 0.31 is 48.3% below this industry median. Based on the distribution chart, Sao Martinho ranks #1416 out of 1614 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sao Martinho 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 Sao Martinho's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #1416 out of 1614 companies for Equity-to-Asset. This places Sao Martinho in the lower half of its industry. The industry median Equity-to-Asset is 0.60. Sao Martinho's value of 0.31 is 48.3% below this benchmark. Historically, Sao Martinho's own Equity-to-Asset has ranged from 0.28 to 0.39 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.60, Sao Martinho 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,614 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. Sao Martinho's current Equity-to-Asset of 0.31 is 48.3% 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 Sao Martinho and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Equity-to-Asset is 0.31, 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 Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.41, compared to a current price of R$14.30 — trading 43.7% below its estimated fair value. The current Equity-to-Asset is 0.31, which is near median its 10-year median of 0.32 and 48.3% below the Chemicals industry median of 0.60. Sao Martinho's overall GF Score™ is 78/100 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 Sao Martinho (BSP:SMTO3), the current Equity-to-Asset is 0.31 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?
Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued.
The current stock price of R$14.30 is trading 43.7% below its estimated GF Value™ of R$25.41.
GuruFocus considers Sao Martinho to be Possible Value Trap.
Key valuation signals for BSP:SMTO3:
Equity-to-Asset: 0.31 (near median its 10-year median of 0.32)
GF Value™: R$25.41 vs. price of R$14.30 (43.7% below fair value)
Industry Position: 48.3% below the Chemicals median (#1416 of 1614)
No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score
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