Daio Paper (FRA:DPR) Equity-to-Asset: 0.27 (As of Mar. 2026) — Near 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:DPR Daio Paper Corp FRA:DPR
69 GF Score
Price €5.15
GF Value €5.00
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Daio Paper Equity-to-Asset?

Daio Paper FRA:DPR 69 Equity-to-Asset is 0.27 as of Mar. 2026, which is at its 10-year median of 0.27. GuruFocus rates FRA:DPR with a GF Score™ of 69/100 and a GF Value™ of €5.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 285 Forest Products companies, Daio Paper ranks worse than 88.07% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daio Paper's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,237 Mil. Daio Paper's Total Assets for the quarter that ended in Mar. 2026 was €4,655 Mil. Therefore, Daio Paper's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.27.

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

FRA:DPR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.27   Max: 0.31
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Daio Paper was 0.31. The lowest was 0.25. And the median was 0.27.

FRA:DPR's Equity-to-Asset is ranked worse than
88.07% of 285 companies
in the Forest Products industry
Industry Median: 0.54 vs FRA:DPR: 0.27

Daio Paper  (FRA:DPR) 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%.


Daio Paper Equity-to-Asset Related Terms


Daio Paper Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Daio Paper'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.

Daio Paper Equity-to-Asset Chart

Daio Paper Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.26 0.26 0.27 0.27

Daio Paper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.27 0.27 0.28 0.27

Daio Paper Equity-to-Asset Competitor Comparison

For the Paper & Paper Products subindustry, Daio Paper'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.


Daio Paper Equity-to-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Equity-to-Asset distribution charts can be found below:

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


FRA:DPR
69GF Score
Daio Paper Corp FRA:DPR
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daio Paper 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.

Daio Paper's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1236.905/4654.883
=0.27

Daio Paper's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1236.905/4654.883
=0.27

* 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 0.27 mean?
Daio Paper (FRA:DPR) has a Equity-to-Asset of 0.27 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Daio Paper and its competitors. This is near median its historical median of 0.27. Over the past decade, Daio Paper's Equity-to-Asset has ranged from 0.25 to 0.31. According to the industry distribution chart, Daio Paper ranks #251 out of 285 companies in the Forest Products industry, placing it in the top 88.1%.
Is Daio Paper's Equity-to-Asset too high?
Daio Paper's current Equity-to-Asset of 0.27 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.31. The Forest Products industry median Equity-to-Asset is 0.54. Daio Paper's value of 0.27 is 50% below this industry median. Based on the distribution chart, Daio Paper ranks #251 out of 285 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Daio Paper has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daio Paper's Equity-to-Asset compare to competitors?
According to the Forest Products industry distribution chart, Daio Paper ranks #251 out of 285 companies for Equity-to-Asset. This places Daio Paper in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Daio Paper's value of 0.27 is 50% below this benchmark. Historically, Daio Paper's own Equity-to-Asset has ranged from 0.25 to 0.31 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.54, Daio Paper 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 Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 285 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. Daio Paper's current Equity-to-Asset of 0.27 is 50% 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 Daio Paper and its competitors. For the Forest Products 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. Daio Paper's current Equity-to-Asset is 0.27, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daio Paper stock overvalued right now?
Based on GuruFocus' analysis, Daio Paper (FRA:DPR) is currently considered Fairly Valued. The stock's GF Value™ is €5.00, compared to a current price of €5.15 — trading 3% above its estimated fair value. The current Equity-to-Asset is 0.27, which is near median its 10-year median of 0.27 and 50% below the Forest Products industry median of 0.54. Daio Paper's overall GF Score™ is 69/100 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 Daio Paper (FRA:DPR), the current Equity-to-Asset is 0.27 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 Daio Paper (FRA:DPR) Overvalued in 2026?

Based on GuruFocus' analysis, Daio Paper stock appears to be overvalued. The current stock price of €5.15 is trading 3% above its estimated GF Value™ of €5.00. GuruFocus considers Daio Paper to be Fairly Valued.

Key valuation signals for FRA:DPR:

  • Equity-to-Asset: 0.27 (near median its 10-year median of 0.27)
  • GF Value™: €5.00 vs. price of €5.15 (3% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 50% below the Forest Products median (#251 of 285)

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


Daio Paper Business Description

Other Exchanges 3880:Japan
Address 10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.
69GF Score

Get the complete analysis for FRA:DPR

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

€5.15
Price
€5.00
GF Value