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AcerinoxFRA:ACE +0.59%71 Equity-to-Asset is 0.35 as of Jun. 2026, which is 10% below its 10-year median of 0.39. GuruFocus rates FRA:ACE with a GF Score™ of 71/100 and a GF Value™ of €5.48. The stock has 10 warning signs investors should review. Among 636 Steel companies, Acerinox ranks worse than 78.62% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Acerinox's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €2,115 Mil. Acerinox's Total Assets for the quarter that ended in Jun. 2026 was €6,110 Mil.
Therefore, Acerinox's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.35.
The historical rank and industry rank for Acerinox's Equity-to-Asset or its related term are showing as below:
FRA:ACE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.39 Max: 0.47
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of Acerinox was 0.47. The lowest was 0.32. And the median was 0.39.
FRA:ACE's Equity-to-Asset is ranked worse than 78.62% of 636
companies
in the Steel industry
Industry Median: 0.54
vs FRA:ACE: 0.35
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%.
Acerinox Equity-to-Asset Related Terms
Acerinox Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Acerinox'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:ACE vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Acerinox'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.
Acerinox Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Acerinox's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Acerinox'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.
Acerinox's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Acerinox (FRA:ACE) has a Equity-to-Asset of 0.35 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Acerinox and its competitors. This is 10% below median its historical median of 0.39. Over the past decade, Acerinox's Equity-to-Asset has ranged from 0.32 to 0.47. According to the industry distribution chart, Acerinox ranks #500 out of 636 companies in the Steel industry, placing it in the top 78.6%.
Is Acerinox's Equity-to-Asset too high?
Acerinox's current Equity-to-Asset of 0.35 is 10% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.47. The Steel industry median Equity-to-Asset is 0.54. Acerinox's value of 0.35 is 35.2% below this industry median. Based on the distribution chart, Acerinox ranks #500 out of 636 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Acerinox has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Acerinox ranks #500 out of 636 companies for Equity-to-Asset. This places Acerinox in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Acerinox's value of 0.35 is 35.2% below this benchmark. Historically, Acerinox's own Equity-to-Asset has ranged from 0.32 to 0.47 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.54, Acerinox 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 636 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. Acerinox's current Equity-to-Asset of 0.35 is 35.2% 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 Acerinox and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acerinox's current Equity-to-Asset is 0.35, which is 10% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (FRA:ACE) has a current Equity-to-Asset of 0.35. The stock's GF Value™ is €5.48, compared to a current price of €8.55 — trading 56% above its estimated fair value. The current Equity-to-Asset is 0.35, which is 10% below median its 10-year median of 0.39 and 35.2% below the Steel industry median of 0.54. Acerinox's overall GF Score™ is 71/100 with 10 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 Acerinox (FRA:ACE), the current Equity-to-Asset is 0.35 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 Acerinox (FRA:ACE) Overvalued in 2026?
Based on GuruFocus' analysis, Acerinox stock appears to be overvalued.
The current stock price of €8.55 is trading 56% above its estimated GF Value™ of €5.48.
Key valuation signals for FRA:ACE:
Equity-to-Asset: 0.35 (10% below median its 10-year median of 0.39)
GF Value™: €5.48 vs. price of €8.55 (56% above fair value)
Industry Position: 35.2% below the Steel median (#500 of 636)
No single metric tells the full story. See the FRA:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
71GF Score
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