EO2 (FRA:EO4) Equity-to-Asset: 0.47 (As of Feb. 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:EO4 EO2 SA FRA:EO4
55 GF Score
Price €2.26
GF Value €3.80
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is EO2 Equity-to-Asset?

EO2 FRA:EO4 -1.74% 55 Equity-to-Asset is 0.47 as of Feb. 2026, which is 2% above its 10-year median of 0.46. GuruFocus rates FRA:EO4 with a GF Score™ of 55/100 and a GF Value™ of €3.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 284 Forest Products companies, EO2 ranks worse than 61.97% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EO2's Total Stockholders Equity for the quarter that ended in Feb. 2026 was €18.58 Mil. EO2's Total Assets for the quarter that ended in Feb. 2026 was €39.29 Mil. Therefore, EO2's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.47.

The historical rank and industry rank for EO2's Equity-to-Asset or its related term are showing as below:

FRA:EO4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.46   Max: 0.51
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of EO2 was 0.51. The lowest was 0.41. And the median was 0.46.

FRA:EO4's Equity-to-Asset is ranked worse than
61.97% of 284 companies
in the Forest Products industry
Industry Median: 0.54 vs FRA:EO4: 0.47

EO2  (FRA:EO4) 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%.


EO2 Equity-to-Asset Related Terms


EO2 Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for EO2'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.

EO2 Equity-to-Asset Chart

EO2 Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.44 0.46 0.51 0.47

EO2 Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Feb21 Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.46 0.51 0.51 0.51 0.47

FRA:EO4 vs SSD, UFPI, BCC: Equity-to-Asset Comparison

For the Lumber & Wood Production subindustry, EO2'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.


EO2 Equity-to-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, EO2's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where EO2's Equity-to-Asset falls into.


FRA:EO4
55GF Score
EO2 SA FRA:EO4
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EO2 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.

EO2's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Equity to Asset (A: Feb. 2026 )=Total Stockholders Equity/Total Assets
=18.581/39.29
=0.47

EO2's Equity to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Equity to Asset (Q: Feb. 2026 )=Total Stockholders Equity/Total Assets
=18.581/39.29
=0.47

* 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 0.47 mean?
EO2 (FRA:EO4) has a Equity-to-Asset of 0.47 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on EO2 and its competitors. This is near median its historical median of 0.46. Over the past decade, EO2's Equity-to-Asset has ranged from 0.41 to 0.51. According to the industry distribution chart, EO2 ranks #176 out of 284 companies in the Forest Products industry, placing it in the top 62%.
Is EO2's Equity-to-Asset too high?
EO2's current Equity-to-Asset of 0.47 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.51. The Forest Products industry median Equity-to-Asset is 0.54. EO2's value of 0.47 is 13% below this industry median. Based on the distribution chart, EO2 ranks #176 out of 284 companies in the Forest Products industry, which is below the industry midpoint. Overall, EO2 has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EO2's Equity-to-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, EO2 ranks #176 out of 284 companies for Equity-to-Asset. This places EO2 in the lower half of its industry. The industry median Equity-to-Asset is 0.54. EO2's value of 0.47 is 13% below this benchmark. Historically, EO2's own Equity-to-Asset has ranged from 0.41 to 0.51 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.54, EO2 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 284 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. EO2's current Equity-to-Asset of 0.47 is 13% 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 EO2 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. EO2's current Equity-to-Asset is 0.47, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EO2 stock overvalued right now?
Based on GuruFocus' analysis, EO2 (FRA:EO4) is currently considered Possible Value Trap. The stock's GF Value™ is €3.80, compared to a current price of €2.26 — trading 40.5% below its estimated fair value. The current Equity-to-Asset is 0.47, which is near median its 10-year median of 0.46 and 13% below the Forest Products industry median of 0.54. EO2's overall GF Score™ is 55/100 with 4 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 EO2 (FRA:EO4), the current Equity-to-Asset is 0.47 as of Feb. 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 EO2 (FRA:EO4) Overvalued in 2026?

Based on GuruFocus' analysis, EO2 stock appears to be undervalued. The current stock price of €2.26 is trading 40.5% below its estimated GF Value™ of €3.80. GuruFocus considers EO2 to be Possible Value Trap.

Key valuation signals for FRA:EO4:

  • Equity-to-Asset: 0.47 (near median its 10-year median of 0.46)
  • GF Value™: €3.80 vs. price of €2.26 (40.5% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 13% below the Forest Products median (#176 of 284)

No single metric tells the full story. See the FRA:EO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EO2 Business Description

Other Exchanges ALEO2:France
Address 36, avenue Pierre Brossolette, Malakoff, FRA, 92240
EO2 SA designs, produces, operates and distributes a range of wood heating products under the EO2 and PIKS brands, including bagged wood pellets, pallets and bulk.
55GF Score

Get the complete analysis for FRA:EO4

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

€2.26
Price
€3.80
GF Value