Micronics Japan Co (FRA:MJ3) Equity-to-Asset: 0.66 (As of Jun. 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:MJ3 Micronics Japan Co Ltd FRA:MJ3
88 GF Score
Price €71.00
GF Value €47.71
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Micronics Japan Co Equity-to-Asset?

Micronics Japan Co FRA:MJ3 +2.16% 88 Equity-to-Asset is 0.66 as of Jun. 2026, which is at its 10-year median of 0.66. GuruFocus rates FRA:MJ3 with a GF Score™ of 88/100 and a GF Value™ of €47.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,038 Semiconductors companies, Micronics Japan Co ranks better than 55.01% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Micronics Japan Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €493.0 Mil. Micronics Japan Co's Total Assets for the quarter that ended in Jun. 2026 was €749.4 Mil. Therefore, Micronics Japan Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.66.

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

FRA:MJ3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.66   Max: 0.75
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Micronics Japan Co was 0.75. The lowest was 0.59. And the median was 0.66.

FRA:MJ3's Equity-to-Asset is ranked better than
55.01% of 1038 companies
in the Semiconductors industry
Industry Median: 0.62 vs FRA:MJ3: 0.66

Micronics Japan Co  (FRA:MJ3) 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%.


Micronics Japan Co Equity-to-Asset Related Terms


Micronics Japan Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Micronics Japan Co'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.

Micronics Japan Co Equity-to-Asset Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.67 0.71 0.74 0.62

Micronics Japan Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.64 0.66 0.67 0.65 0.66

FRA:MJ3 vs LRCX, AMAT, KLAC: Equity-to-Asset Comparison

For the Semiconductor Equipment & Materials subindustry, Micronics Japan Co'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.


Micronics Japan Co Equity-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Equity-to-Asset distribution charts can be found below:

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


FRA:MJ3
88GF Score
Micronics Japan Co Ltd FRA:MJ3
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micronics Japan Co 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.

Micronics Japan Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=308.229/496.641
=0.62

Micronics Japan Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=493.049/749.394
=0.66

* 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 0.66 mean?
Micronics Japan Co (FRA:MJ3) has a Equity-to-Asset of 0.66 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Micronics Japan Co and its competitors. This is near median its historical median of 0.66. Over the past decade, Micronics Japan Co's Equity-to-Asset has ranged from 0.59 to 0.75. According to the industry distribution chart, Micronics Japan Co ranks #467 out of 1038 companies in the Semiconductors industry, placing it in the top 45%.
Is Micronics Japan Co's Equity-to-Asset too high?
Micronics Japan Co's current Equity-to-Asset of 0.66 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.75. The Semiconductors industry median Equity-to-Asset is 0.62. Micronics Japan Co's value of 0.66 is 6.5% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #467 out of 1038 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micronics Japan Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Equity-to-Asset compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #467 out of 1038 companies for Equity-to-Asset. This puts Micronics Japan Co in the upper half of its industry. The industry median Equity-to-Asset is 0.62. Micronics Japan Co's value of 0.66 is 6.5% above this benchmark. Historically, Micronics Japan Co's own Equity-to-Asset has ranged from 0.59 to 0.75 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.62, Micronics Japan Co 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 0.62, based on 1,038 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. Micronics Japan Co's current Equity-to-Asset of 0.66 is 6.5% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Equity-to-Asset is 0.66, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.71, compared to a current price of €71.00 — trading 48.8% above its estimated fair value. The current Equity-to-Asset is 0.66, which is near median its 10-year median of 0.66 and 6.5% above the Semiconductors industry median of 0.62. Micronics Japan Co's overall GF Score™ is 88/100 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 Micronics Japan Co (FRA:MJ3), the current Equity-to-Asset is 0.66 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €71.00 is trading 48.8% above its estimated GF Value™ of €47.71. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • Equity-to-Asset: 0.66 (near median its 10-year median of 0.66)
  • GF Value™: €47.71 vs. price of €71.00 (48.8% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 6.5% above the Semiconductors median (#467 of 1038)

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
88GF Score

Get the complete analysis for FRA:MJ3

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

€71.00
Price
€47.71
GF Value