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DOWA Holdings CoDWMNF 75 Equity-to-Asset is 0.57 as of Mar. 2026, which is 10% above its 10-year median of 0.52. GuruFocus rates DWMNF with a GF Score™ of 75/100 and a GF Value™ of $44.24. The stock has 2 warning signs investors should review. Among 2,669 Metals & Mining companies, DOWA Holdings Co ranks worse than 67.63% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DOWA Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,871 Mil. DOWA Holdings Co's Total Assets for the quarter that ended in Mar. 2026 was $5,007 Mil.
Therefore, DOWA Holdings Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.57.
The historical rank and industry rank for DOWA Holdings Co's Equity-to-Asset or its related term are showing as below:
DWMNF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.52 Max: 0.59
Current: 0.57
During the past 13 years, the highest Equity to Asset Ratio of DOWA Holdings Co was 0.59. The lowest was 0.44. And the median was 0.52.
DWMNF's Equity-to-Asset is ranked worse than 67.63% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.8
vs DWMNF: 0.57
DOWA Holdings Co (OTCPK:DWMNF) 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%.
DOWA Holdings Co Equity-to-Asset Related Terms
DOWA Holdings Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for DOWA Holdings Co'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.
DOWA Holdings Co Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, DOWA Holdings Co'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.
DOWA Holdings Co Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where DOWA Holdings Co'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.
DOWA Holdings Co'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.
DOWA Holdings Co (DWMNF) has a Equity-to-Asset of 0.57 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on DOWA Holdings Co and its competitors. This is 10% above median its historical median of 0.52. Over the past decade, DOWA Holdings Co's Equity-to-Asset has ranged from 0.44 to 0.59. According to the industry distribution chart, DOWA Holdings Co ranks #1805 out of 2669 companies in the Metals & Mining industry, placing it in the top 67.6%.
Is DOWA Holdings Co's Equity-to-Asset too high?
DOWA Holdings Co's current Equity-to-Asset of 0.57 is 10% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.59. The Metals & Mining industry median Equity-to-Asset is 0.80. DOWA Holdings Co's value of 0.57 is 28.8% below this industry median. Based on the distribution chart, DOWA Holdings Co ranks #1805 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, DOWA Holdings Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does DOWA Holdings Co's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, DOWA Holdings Co ranks #1805 out of 2669 companies for Equity-to-Asset. This places DOWA Holdings Co in the lower half of its industry. The industry median Equity-to-Asset is 0.80. DOWA Holdings Co's value of 0.57 is 28.8% below this benchmark. Historically, DOWA Holdings Co's own Equity-to-Asset has ranged from 0.44 to 0.59 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.80, DOWA Holdings Co 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 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. DOWA Holdings Co's current Equity-to-Asset of 0.57 is 28.8% 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 DOWA Holdings Co and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOWA Holdings Co's current Equity-to-Asset is 0.57, which is 10% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOWA Holdings Co stock overvalued right now?
DOWA Holdings Co (DWMNF) has a current Equity-to-Asset of 0.57. The stock's GF Value™ is $44.24, compared to a current price of $62.00 — trading 40.1% above its estimated fair value. The current Equity-to-Asset is 0.57, which is 10% above median its 10-year median of 0.52 and 28.8% below the Metals & Mining industry median of 0.80. DOWA Holdings Co's overall GF Score™ is 75/100 with 2 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 DOWA Holdings Co (DWMNF), the current Equity-to-Asset is 0.57 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 DOWA Holdings Co (DWMNF) Overvalued in 2026?
Based on GuruFocus' analysis, DOWA Holdings Co stock appears to be overvalued.
The current stock price of $62.00 is trading 40.1% above its estimated GF Value™ of $44.24.
Key valuation signals for DWMNF:
Equity-to-Asset: 0.57 (10% above median its 10-year median of 0.52)
GF Value™: $44.24 vs. price of $62.00 (40.1% above fair value)
Industry Position: 28.8% below the Metals & Mining median (#1805 of 2669)
No single metric tells the full story. See the DWMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DOWA Holdings Co Ltd is a Japanese conglomerate engaged in electronic materials, recycling, heat treatment, metal processing, and smelting businesses. The company operates five business segments. The Electronic Materials segment makes high-purity metals, semiconductor wafers, LEDs, batteries, and magnetic materials. The Environment/Recycling segment handles waste disposal, soil remediation, resource recovery, and logistics. The Heat Treatment segment provides metal surface treatment, processing equipment, and related services. The Metal Processing segment produces copper, brass, alloys, and circuit boards. The Smelting segment manufactures metals and chemicals, while Others covers real estate, construction, and technology. It generates the majority of its revenue from the Smelting segment.
75GF Score
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