Mentice AB (FRA:MN2) Equity-to-Asset: 0.41 (As of Jun. 2026) — 20% Below 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:MN2 Mentice AB FRA:MN2
75 GF Score
Price €1.20
GF Value €1.89
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mentice AB Equity-to-Asset?

Mentice AB FRA:MN2 75 Equity-to-Asset is 0.41 as of Jun. 2026, which is 20% below its 10-year median of 0.51. GuruFocus rates FRA:MN2 with a GF Score™ of 75/100 and a GF Value™ of €1.89 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 851 Medical Devices & Instruments companies, Mentice AB ranks worse than 75.21% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mentice AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €11.27 Mil. Mentice AB's Total Assets for the quarter that ended in Jun. 2026 was €27.23 Mil. Therefore, Mentice AB's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.41.

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

FRA:MN2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.51   Max: 0.67
Current: 0.41

During the past 9 years, the highest Equity to Asset Ratio of Mentice AB was 0.67. The lowest was 0.36. And the median was 0.51.

FRA:MN2's Equity-to-Asset is ranked worse than
75.21% of 851 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs FRA:MN2: 0.41

Mentice AB  (FRA:MN2) 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%.


Mentice AB Equity-to-Asset Related Terms


Mentice AB Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mentice AB'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.

Mentice AB Equity-to-Asset Chart

Mentice AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.52 0.49 0.49 0.44 0.44

Mentice AB 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 0.36 0.45 0.44 0.41 0.41

FRA:MN2 vs ABT, SYK, MDT: Equity-to-Asset Comparison

For the Medical Devices subindustry, Mentice AB'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.


Mentice AB Equity-to-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mentice AB's Equity-to-Asset distribution charts can be found below:

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


FRA:MN2
75GF Score
Mentice AB FRA:MN2
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mentice AB 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.

Mentice AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=12.716/28.672
=0.44

Mentice AB'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
=11.273/27.23
=0.41

* 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 0.41 mean?
Mentice AB (FRA:MN2) has a Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mentice AB and its competitors. This is 20% below median its historical median of 0.51. Over the past decade, Mentice AB's Equity-to-Asset has ranged from 0.36 to 0.67. According to the industry distribution chart, Mentice AB ranks #640 out of 851 companies in the Medical Devices & Instruments industry, placing it in the top 75.2%.
Is Mentice AB's Equity-to-Asset too high?
Mentice AB's current Equity-to-Asset of 0.41 is 20% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.67. The Medical Devices & Instruments industry median Equity-to-Asset is 0.64. Mentice AB's value of 0.41 is 35.9% below this industry median. Based on the distribution chart, Mentice AB ranks #640 out of 851 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Mentice AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mentice AB's Equity-to-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Mentice AB ranks #640 out of 851 companies for Equity-to-Asset. This places Mentice AB in the lower half of its industry. The industry median Equity-to-Asset is 0.64. Mentice AB's value of 0.41 is 35.9% below this benchmark. Historically, Mentice AB's own Equity-to-Asset has ranged from 0.36 to 0.67 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.64, Mentice AB 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 Medical Devices & Instruments company?
The median Equity-to-Asset among Medical Devices & Instruments companies is 0.64, based on 851 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. Mentice AB's current Equity-to-Asset of 0.41 is 35.9% 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 Mentice AB and its competitors. For the Medical Devices & Instruments industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mentice AB's current Equity-to-Asset is 0.41, which is 20% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mentice AB stock overvalued right now?
Based on GuruFocus' analysis, Mentice AB (FRA:MN2) is currently considered Significantly Undervalued. The stock's GF Value™ is €1.89, compared to a current price of €1.20 — trading 36.8% below its estimated fair value. The current Equity-to-Asset is 0.41, which is 20% below median its 10-year median of 0.51 and 35.9% below the Medical Devices & Instruments industry median of 0.64. Mentice AB's overall GF Score™ is 75/100 with 2 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 Mentice AB (FRA:MN2), the current Equity-to-Asset is 0.41 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 Mentice AB (FRA:MN2) Overvalued in 2026?

Based on GuruFocus' analysis, Mentice AB stock appears to be undervalued. The current stock price of €1.20 is trading 36.8% below its estimated GF Value™ of €1.89. GuruFocus considers Mentice AB to be Significantly Undervalued.

Key valuation signals for FRA:MN2:

  • Equity-to-Asset: 0.41 (20% below median its 10-year median of 0.51)
  • GF Value™: €1.89 vs. price of €1.20 (36.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 35.9% below the Medical Devices & Instruments median (#640 of 851)

No single metric tells the full story. See the FRA:MN2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mentice AB Business Description

Other Exchanges MNTC:Sweden
Address Odinsgatan 10, Gothenburg, SWE, 411 03
Mentice AB is a provider of software and hardware simulation solutions for image guided interventional therapies, offering proficiency based simulation solutions that help healthcare professionals acquire, retain, and enhance procedural skills, improving productivity and outcomes. Its solutions are scientifically validated and developed for healthcare providers and the medical device industry. Neurovascular, cardiovascular, and peripheral interventions are covered. Mentice operates in two segments: Medical Device Industry (MDI), providing end-to-end solutions supporting development and launch of interventional therapies, and Healthcare Systems (HCS). Product areas include Mentice VIST, Physical Sim, Mentice Live, and Ankyras. It operates in EMEA, APAC, and the Americas.
75GF Score

Get the complete analysis for FRA:MN2

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

€1.20
Price
€1.89
GF Value