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Pioneering TechnologyFRA:2PX +233.33% Equity-to-Asset is 0.42 as of Mar. 2026, which is 30% below its 10-year median of 0.60. The stock has 3 warning signs investors should review. Among 1,094 Business Services companies, Pioneering Technology ranks worse than 62.98% on this metric.
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%.
Pioneering Technology Equity-to-Asset Related Terms
Pioneering Technology Equity-to-Asset Historical Data
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The historical data trend for Pioneering Technology'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.
FRA:2PX vs ALLE, MSA, ADT: Equity-to-Asset Comparison
For the Security & Protection Services subindustry, Pioneering Technology'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.
Pioneering Technology Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Pioneering Technology's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Pioneering Technology'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.
Pioneering Technology's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 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.
Pioneering Technology (FRA:2PX) has a Equity-to-Asset of 0.42 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pioneering Technology and its competitors. This is 30% below median its historical median of 0.60. Over the past decade, Pioneering Technology's Equity-to-Asset has ranged from 0.17 to 0.96. According to the industry distribution chart, Pioneering Technology ranks #689 out of 1094 companies in the Business Services industry, placing it in the top 63%.
Is Pioneering Technology's Equity-to-Asset too high?
Pioneering Technology's current Equity-to-Asset of 0.42 is 30% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.96. The Business Services industry median Equity-to-Asset is 0.52. Pioneering Technology's value of 0.42 is 19.2% below this industry median. Based on the distribution chart, Pioneering Technology ranks #689 out of 1094 companies in the Business Services industry, which is below the industry midpoint.
How does Pioneering Technology's Equity-to-Asset compare to ALLE and MSA?
According to the Business Services industry distribution chart, Pioneering Technology ranks #689 out of 1094 companies for Equity-to-Asset. This places Pioneering Technology in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Pioneering Technology's value of 0.42 is 19.2% below this benchmark. Historically, Pioneering Technology's own Equity-to-Asset has ranged from 0.17 to 0.96 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.52, Pioneering Technology 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 Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,094 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. Pioneering Technology's current Equity-to-Asset of 0.42 is 19.2% 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 Pioneering Technology and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneering Technology's current Equity-to-Asset is 0.42, which is 30% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneering Technology stock overvalued right now?
Pioneering Technology (FRA:2PX) has a current Equity-to-Asset of 0.42. The current Equity-to-Asset is 0.42, which is 30% below median its 10-year median of 0.60 and 19.2% below the Business Services industry median of 0.52. 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 Pioneering Technology (FRA:2PX), the current Equity-to-Asset is 0.42 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.
Pioneering Technology Corp is a Canadian energy smart technology and consumer products company focused on developing thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency of some of the common household products and appliances. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Smart Burner, Smart Range, Smart Micro, SmartBurner Polish, Standard Ring Replacement Set, and Low Profile Ring Replacement Set. Geographically, the company operates in the United States and Canada, of which the maximum revenue is generated from the United States.
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