Nekkar ASA (FRA:0TT) Equity-to-Asset: 0.37 (As of Jun. 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0TT Nekkar ASA FRA:0TT
77 GF Score
Price €1.33
GF Value €1.22
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nekkar ASA Equity-to-Asset?

Nekkar ASA FRA:0TT +4.33% 77 Equity-to-Asset is 0.37 as of Jun. 2026, which is 10% below its 10-year median of 0.41. GuruFocus rates FRA:0TT with a GF Score™ of 77/100 and a GF Value™ of €1.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,089 Industrial Products companies, Nekkar ASA ranks worse than 79.25% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nekkar ASA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €31.67 Mil. Nekkar ASA's Total Assets for the quarter that ended in Jun. 2026 was €85.21 Mil. Therefore, Nekkar ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.37.

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

FRA:0TT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.41   Max: 0.71
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Nekkar ASA was 0.71. The lowest was 0.15. And the median was 0.41.

FRA:0TT's Equity-to-Asset is ranked worse than
79.25% of 3089 companies
in the Industrial Products industry
Industry Median: 0.56 vs FRA:0TT: 0.37

Nekkar ASA  (FRA:0TT) 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%.


Nekkar ASA Equity-to-Asset Related Terms


Nekkar ASA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Nekkar ASA'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.

Nekkar ASA Equity-to-Asset Chart

Nekkar ASA 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 0.66 0.65 0.67 0.51 0.40

Nekkar ASA Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.65 0.51 0.43 0.40 0.37

FRA:0TT vs GEV, ETN, PH: Equity-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, Nekkar ASA'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.


Nekkar ASA Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nekkar ASA's Equity-to-Asset distribution charts can be found below:

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


FRA:0TT
77GF Score
Nekkar ASA FRA:0TT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nekkar ASA 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.

Nekkar ASA'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
=25.013/62.92
=0.40

Nekkar ASA'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
=31.665/85.213
=0.37

* 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 0.37 mean?
Nekkar ASA (FRA:0TT) has a Equity-to-Asset of 0.37 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nekkar ASA and its competitors. This is 10% below median its historical median of 0.41. Over the past decade, Nekkar ASA's Equity-to-Asset has ranged from 0.15 to 0.71. According to the industry distribution chart, Nekkar ASA ranks #2448 out of 3089 companies in the Industrial Products industry, placing it in the top 79.2%.
Is Nekkar ASA's Equity-to-Asset too high?
Nekkar ASA's current Equity-to-Asset of 0.37 is 10% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.71. The Industrial Products industry median Equity-to-Asset is 0.56. Nekkar ASA's value of 0.37 is 33.9% below this industry median. Based on the distribution chart, Nekkar ASA ranks #2448 out of 3089 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nekkar ASA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nekkar ASA's Equity-to-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nekkar ASA ranks #2448 out of 3089 companies for Equity-to-Asset. This places Nekkar ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Nekkar ASA's value of 0.37 is 33.9% below this benchmark. Historically, Nekkar ASA's own Equity-to-Asset has ranged from 0.15 to 0.71 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.56, Nekkar ASA 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 Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,089 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. Nekkar ASA's current Equity-to-Asset of 0.37 is 33.9% 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 Nekkar ASA and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nekkar ASA's current Equity-to-Asset is 0.37, which is 10% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nekkar ASA stock overvalued right now?
Based on GuruFocus' analysis, Nekkar ASA (FRA:0TT) is currently considered Fairly Valued. The stock's GF Value™ is €1.22, compared to a current price of €1.33 — trading 8.6% above its estimated fair value. The current Equity-to-Asset is 0.37, which is 10% below median its 10-year median of 0.41 and 33.9% below the Industrial Products industry median of 0.56. Nekkar ASA's overall GF Score™ is 77/100 with 3 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 Nekkar ASA (FRA:0TT), the current Equity-to-Asset is 0.37 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 Nekkar ASA (FRA:0TT) Overvalued in 2026?

Based on GuruFocus' analysis, Nekkar ASA stock appears to be overvalued. The current stock price of €1.33 is trading 8.6% above its estimated GF Value™ of €1.22. GuruFocus considers Nekkar ASA to be Fairly Valued.

Key valuation signals for FRA:0TT:

  • Equity-to-Asset: 0.37 (10% below median its 10-year median of 0.41)
  • GF Value™: €1.22 vs. price of €1.33 (8.6% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 33.9% below the Industrial Products median (#2448 of 3089)

No single metric tells the full story. See the FRA:0TT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nekkar ASA Business Description

Address Lumberveien 27, Kristiansand, NOR, 4621
Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its operating segments include: Syncrolift; Intellilift; Techano Oceanlift; Globetech; and others. The company generates maximum revenue from the Syncrolift segment. The Syncrolift segment includes shiplifts, docking/transfer systems and related service activity for shipyards. The product range includes shiplifting systems for launching and retrievals of vessels and transfer systems for a fast and reliable way of moving vessels around the yard. Geographically, it derives a majority of revenue from Norway and also has a presence in Turkey, UAE, Africa, USA, South America, India and Others.
77GF Score

Get the complete analysis for FRA:0TT

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

€1.33
Price
€1.22
GF Value