A2A SpA (CHIX:A2AM) Equity-to-Asset: 0.29 (As of Jun. 2026) — Near Median

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CHIX:A2AM A2A SpA CHIX:A2AM
84 GF Score
Price €2.35
GF Value €2.51
Valuation Fairly Valued
! 4 Warning Signs
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What is A2A SpA Equity-to-Asset?

A2A SpA CHIX:A2AM 84 Equity-to-Asset is 0.29 as of Jun. 2026, which is 4% above its 10-year median of 0.28. GuruFocus rates CHIX:A2AM with a GF Score™ of 84/100 and a GF Value™ of €2.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 507 Utilities - Regulated companies, A2A SpA ranks worse than 67.85% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. A2A SpA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €5,942 Mil. A2A SpA's Total Assets for the quarter that ended in Jun. 2026 was €20,846 Mil. Therefore, A2A SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.29.

The historical rank and industry rank for A2A SpA's Equity-to-Asset or its related term are showing as below:

CHIX:A2Am' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.28   Max: 0.31
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of A2A SpA was 0.31. The lowest was 0.17. And the median was 0.28.

CHIX:A2Am's Equity-to-Asset is ranked worse than
67.85% of 507 companies
in the Utilities - Regulated industry
Industry Median: 0.36 vs CHIX:A2Am: 0.29

A2A SpA  (CHIX:A2Am) 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%.


A2A SpA Equity-to-Asset Related Terms


A2A SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for A2A SpA'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.

A2A SpA Equity-to-Asset Chart

A2A SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.18 0.23 0.28 0.28

A2A SpA Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.29 0.28 0.26 0.29

CHIX:A2AM vs SRE: Equity-to-Asset Comparison

For the Utilities - Diversified subindustry, A2A SpA'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.


A2A SpA Equity-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where A2A SpA's Equity-to-Asset falls into.


CHIX:A2AM
84GF Score
A2A SpA CHIX:A2AM
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A2A SpA 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.

A2A SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=5917/21383
=0.28

A2A SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=5942/20846
=0.29

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.29 mean?
A2A SpA (CHIX:A2AM) 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 A2A SpA and its competitors. This is near median its historical median of 0.28. Over the past decade, A2A SpA's Equity-to-Asset has ranged from 0.17 to 0.31. According to the industry distribution chart, A2A SpA ranks #344 out of 507 companies in the Utilities - Regulated industry, placing it in the top 67.9%.
Is A2A SpA's Equity-to-Asset too high?
A2A SpA's current Equity-to-Asset of 0.29 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.31. The Utilities - Regulated industry median Equity-to-Asset is 0.36. A2A SpA's value of 0.29 is 19.4% below this industry median. Based on the distribution chart, A2A SpA ranks #344 out of 507 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, A2A SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's Equity-to-Asset compare to SRE?
According to the Utilities - Regulated industry distribution chart, A2A SpA ranks #344 out of 507 companies for Equity-to-Asset. This places A2A SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.36. A2A SpA's value of 0.29 is 19.4% below this benchmark. Historically, A2A SpA's own Equity-to-Asset has ranged from 0.17 to 0.31 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.36, A2A SpA 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 an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 507 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. A2A SpA's current Equity-to-Asset of 0.29 is 19.4% 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 A2A SpA and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current Equity-to-Asset is 0.29, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
Based on GuruFocus' analysis, A2A SpA (CHIX:A2AM) is currently considered Fairly Valued. The stock's GF Value™ is €2.51, compared to a current price of €2.35 — trading 6.3% below its estimated fair value. The current Equity-to-Asset is 0.29, which is near median its 10-year median of 0.28 and 19.4% below the Utilities - Regulated industry median of 0.36. A2A SpA's overall GF Score™ is 84/100 with 4 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 A2A SpA (CHIX:A2AM), 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 A2A SpA (CHIX:A2AM) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of €2.35 is trading 6.3% below its estimated GF Value™ of €2.51. GuruFocus considers A2A SpA to be Fairly Valued.

Key valuation signals for CHIX:A2AM:

  • Equity-to-Asset: 0.29 (near median its 10-year median of 0.28)
  • GF Value™: €2.51 vs. price of €2.35 (6.3% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 19.4% below the Utilities - Regulated median (#344 of 507)

No single metric tells the full story. See the CHIX:A2AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
84GF Score

Get the complete analysis for CHIX:A2AM

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.35
Price
€2.51
GF Value