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Perma-Pipe International HoldingsFRA:MF3 +0.91%67 Equity-to-Asset is 0.42 as of Apr. 2026, which is 9% below its 10-year median of 0.46. GuruFocus rates FRA:MF3 with a GF Score™ of 67/100 and a GF Value™ of €14.98 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,790 Construction companies, Perma-Pipe International Holdings ranks worse than 54.97% on this metric.
The historical rank and industry rank for Perma-Pipe International Holdings's Equity-to-Asset or its related term are showing as below:
FRA:MF3'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.46 Max: 0.59
Current: 0.42
During the past 13 years, the highest Equity to Asset Ratio of Perma-Pipe International Holdings was 0.59. The lowest was 0.40. And the median was 0.46.
FRA:MF3's Equity-to-Asset is ranked worse than 54.97% of 1790
companies
in the Construction industry
Industry Median: 0.45
vs FRA:MF3: 0.42
Perma-Pipe International Holdings (FRA:MF3) 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%.
Perma-Pipe International Holdings Equity-to-Asset Related Terms
Perma-Pipe International Holdings 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.
Perma-Pipe International Holdings Equity-to-Asset Chart
FRA:MF3 vs JELD, JLHL, BURCA: Equity-to-Asset Comparison
For the Building Products & Equipment subindustry, Perma-Pipe International Holdings'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.
Perma-Pipe International Holdings Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Perma-Pipe International Holdings's Equity-to-Asset falls into.
Perma-Pipe International Holdings 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.
* 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.
Perma-Pipe International Holdings (FRA:MF3) has a Equity-to-Asset of 0.42 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Perma-Pipe International Holdings and its competitors. This is near median its historical median of 0.46. Over the past decade, Perma-Pipe International Holdings' Equity-to-Asset has ranged from 0.40 to 0.59. According to the industry distribution chart, Perma-Pipe International Holdings ranks #984 out of 1790 companies in the Construction industry, placing it in the top 55%.
Is Perma-Pipe International Holdings' Equity-to-Asset too high?
Perma-Pipe International Holdings' current Equity-to-Asset of 0.42 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.59. The Construction industry median Equity-to-Asset is 0.45. Perma-Pipe International Holdings' value of 0.42 is 6.7% below this industry median. Based on the distribution chart, Perma-Pipe International Holdings ranks #984 out of 1790 companies in the Construction industry, which is below the industry midpoint. Overall, Perma-Pipe International Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perma-Pipe International Holdings' Equity-to-Asset compare to JELD and JLHL?
According to the Construction industry distribution chart, Perma-Pipe International Holdings ranks #984 out of 1790 companies for Equity-to-Asset. This places Perma-Pipe International Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Perma-Pipe International Holdings' value of 0.42 is 6.7% below this benchmark. Historically, Perma-Pipe International Holdings' own Equity-to-Asset has ranged from 0.40 to 0.59 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.45, Perma-Pipe International Holdings 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,790 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. Perma-Pipe International Holdings's current Equity-to-Asset of 0.42 is 6.7% 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 Perma-Pipe International Holdings and its competitors. For the Construction 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. Perma-Pipe International Holdings's current Equity-to-Asset is 0.42, 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 Perma-Pipe International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Perma-Pipe International Holdings (FRA:MF3) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.98, compared to a current price of €22.20 — trading 48.2% above its estimated fair value. The current Equity-to-Asset is 0.42, which is near median its 10-year median of 0.46 and 6.7% below the Construction industry median of 0.45. Perma-Pipe International Holdings' overall GF Score™ is 67/100 with 1 warning sign 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 Perma-Pipe International Holdings (FRA:MF3), the current Equity-to-Asset is 0.42 as of Apr. 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 Perma-Pipe International Holdings (FRA:MF3) Overvalued in 2026?
Based on GuruFocus' analysis, Perma-Pipe International Holdings stock appears to be overvalued.
The current stock price of €22.20 is trading 48.2% above its estimated GF Value™ of €14.98.
GuruFocus considers Perma-Pipe International Holdings to be Significantly Overvalued.
Key valuation signals for FRA:MF3:
Equity-to-Asset: 0.42 (near median its 10-year median of 0.46)
GF Value™: €14.98 vs. price of €22.20 (48.2% above fair value)
Industry Position: 6.7% below the Construction median (#984 of 1790)
No single metric tells the full story. See the FRA:MF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in Piping Systems. The company engineers, designs, manufactures, and sells specialty piping systems and leak detection systems. Specialty piping systems of the company include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, the coating and insulation of oil and gas gathering and transmission pipelines, and liquid and powder based anti-corrosion coatings applied both to the external and internal surfaces of steel pipe, including shapes such as bends, reducers, tees, and other fittings.
67GF Score
Get the complete analysis for FRA:MF3
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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