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.
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.
MegaChipsFRA:MHC +4.96%64 Equity-to-Asset is 0.72 as of Mar. 2026, which is 3% above its 10-year median of 0.70. GuruFocus rates FRA:MHC with a GF Score™ of 64/100 and a GF Value™ of €24.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,031 Semiconductors companies, MegaChips ranks better than 64.02% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MegaChips's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,007.2 Mil. MegaChips's Total Assets for the quarter that ended in Mar. 2026 was €1,390.9 Mil.
Therefore, MegaChips's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.72.
The historical rank and industry rank for MegaChips's Equity-to-Asset or its related term are showing as below:
FRA:MHC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.7 Max: 0.84
Current: 0.72
During the past 13 years, the highest Equity to Asset Ratio of MegaChips was 0.84. The lowest was 0.29. And the median was 0.70.
FRA:MHC's Equity-to-Asset is ranked better than 64.02% of 1031
companies
in the Semiconductors industry
Industry Median: 0.63
vs FRA:MHC: 0.72
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%.
MegaChips Equity-to-Asset Related Terms
MegaChips Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for MegaChips'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:MHC vs NVDA, AVGO, MU: Equity-to-Asset Comparison
For the Semiconductors subindustry, MegaChips'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.
MegaChips Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MegaChips's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MegaChips'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.
MegaChips's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
MegaChips (FRA:MHC) has a Equity-to-Asset of 0.72 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MegaChips and its competitors. This is near median its historical median of 0.70. Over the past decade, MegaChips' Equity-to-Asset has ranged from 0.29 to 0.84. According to the industry distribution chart, MegaChips ranks #371 out of 1031 companies in the Semiconductors industry, placing it in the top 36%.
Is MegaChips' Equity-to-Asset too high?
MegaChips' current Equity-to-Asset of 0.72 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.84. The Semiconductors industry median Equity-to-Asset is 0.63. MegaChips' value of 0.72 is 14.3% above this industry median. Based on the distribution chart, MegaChips ranks #371 out of 1031 companies in the Semiconductors industry, which is above the industry midpoint. Overall, MegaChips has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MegaChips' Equity-to-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, MegaChips ranks #371 out of 1031 companies for Equity-to-Asset. This puts MegaChips in the upper half of its industry. The industry median Equity-to-Asset is 0.63. MegaChips' value of 0.72 is 14.3% above this benchmark. Historically, MegaChips' own Equity-to-Asset has ranged from 0.29 to 0.84 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.63, MegaChips has consistently been above 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 Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,031 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. MegaChips's current Equity-to-Asset of 0.72 is 14.3% above 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 MegaChips and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MegaChips's current Equity-to-Asset is 0.72, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MegaChips stock overvalued right now?
Based on GuruFocus' analysis, MegaChips (FRA:MHC) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.31, compared to a current price of €63.50 — trading 161.2% above its estimated fair value. The current Equity-to-Asset is 0.72, which is near median its 10-year median of 0.70 and 14.3% above the Semiconductors industry median of 0.63. MegaChips' overall GF Score™ is 64/100 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 MegaChips (FRA:MHC), the current Equity-to-Asset is 0.72 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 MegaChips (FRA:MHC) Overvalued in 2026?
Based on GuruFocus' analysis, MegaChips stock appears to be overvalued.
The current stock price of €63.50 is trading 161.2% above its estimated GF Value™ of €24.31.
GuruFocus considers MegaChips to be Significantly Overvalued.
Key valuation signals for FRA:MHC:
Equity-to-Asset: 0.72 (near median its 10-year median of 0.70)
GF Value™: €24.31 vs. price of €63.50 (161.2% above fair value)
Industry Position: 14.3% above the Semiconductors median (#371 of 1031)
No single metric tells the full story. See the FRA:MHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MegaChips Corp. is engaged in the design, development, manufacture, and sale of system large scale integration (LSI), based on its basic image, audio and communications technologies and electronic devices and system equipment that contain its system LSIs. The company's main products Include LSIs for entertainment devices such as game consoles, image processing LSIs for digital cameras, LSIs for liquid crystal display (LCD) panels, and video surveillance system equipment for security field, among others. Geographically all the operations are functioned through the region of Japan and it derives revenue through the sale of LSI products.
64GF Score
Get the complete analysis for FRA:MHC
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MHC has been successfully added to your 
