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Honeywell InternationalFRA:ALD2 -11.95%75 Equity-to-Asset is 0.24 as of Jun. 2026, which is 14% below its 10-year median of 0.28. GuruFocus rates FRA:ALD2 with a GF Score™ of 75/100 and a GF Value™ of €6.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 558 Conglomerates companies, Honeywell International ranks worse than 81.54% on this metric.
Honeywell International (FRA:ALD2) 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%.
Honeywell International Equity-to-Asset Related Terms
Honeywell International Equity-to-Asset Historical Data
* 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:ALD2 vs MMM, VMI, GHC: Equity-to-Asset Comparison
For the Conglomerates subindustry, Honeywell International'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.
Honeywell International Equity-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Honeywell International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Honeywell International's Equity-to-Asset falls into.
Honeywell International 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.
Honeywell International'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.
Honeywell International (FRA:ALD2) has a Equity-to-Asset of 0.24 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Honeywell International and its competitors. This is 14% below median its historical median of 0.28. Over the past decade, Honeywell International's Equity-to-Asset has ranged from 0.18 to 0.37. According to the industry distribution chart, Honeywell International ranks #455 out of 558 companies in the Conglomerates industry, placing it in the top 81.5%.
Is Honeywell International's Equity-to-Asset too high?
Honeywell International's current Equity-to-Asset of 0.24 is 14% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.37. The Conglomerates industry median Equity-to-Asset is 0.45. Honeywell International's value of 0.24 is 46.7% below this industry median. Based on the distribution chart, Honeywell International ranks #455 out of 558 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Honeywell International has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's Equity-to-Asset compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #455 out of 558 companies for Equity-to-Asset. This places Honeywell International in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Honeywell International's value of 0.24 is 46.7% below this benchmark. Historically, Honeywell International's own Equity-to-Asset has ranged from 0.18 to 0.37 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.45, Honeywell International 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 558 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. Honeywell International's current Equity-to-Asset of 0.24 is 46.7% 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 Honeywell International and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current Equity-to-Asset is 0.24, which is 14% below 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 Honeywell International stock overvalued right now?
Based on GuruFocus' analysis, Honeywell International (FRA:ALD2) is currently considered Fairly Valued. The stock's GF Value™ is €6.43, compared to a current price of €7.00 — trading 8.9% above its estimated fair value. The current Equity-to-Asset is 0.24, which is 14% below median its 10-year median of 0.28 and 46.7% below the Conglomerates industry median of 0.45. Honeywell International's overall GF Score™ is 75/100 with 5 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 Honeywell International (FRA:ALD2), the current Equity-to-Asset is 0.24 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 Honeywell International (FRA:ALD2) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued.
The current stock price of €7.00 is trading 8.9% above its estimated GF Value™ of €6.43.
GuruFocus considers Honeywell International to be Fairly Valued.
Key valuation signals for FRA:ALD2:
Equity-to-Asset: 0.24 (14% below median its 10-year median of 0.28)
GF Value™: €6.43 vs. price of €7.00 (8.9% above fair value)
Industry Position: 46.7% below the Conglomerates median (#455 of 558)
No single metric tells the full story. See the FRA:ALD2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies, industrial automation, energy and sustainability solutions, and building automation. Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around one third of its revenue from recurring aftermarket services.
75GF Score
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