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.
Maxim PowerFRA:MP9 50 Equity-to-Asset is 0.88 as of Jun. 2026, which is 22% above its 10-year median of 0.72. GuruFocus rates FRA:MP9 with a GF Score™ of 50/100 and a GF Value™ of €2.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, Maxim Power ranks better than 92.12% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maxim Power's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €204.07 Mil. Maxim Power's Total Assets for the quarter that ended in Jun. 2026 was €232.48 Mil.
Therefore, Maxim Power's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.88.
The historical rank and industry rank for Maxim Power's Equity-to-Asset or its related term are showing as below:
FRA:MP9'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.72 Max: 0.89
Current: 0.88
During the past 13 years, the highest Equity to Asset Ratio of Maxim Power was 0.89. The lowest was 0.57. And the median was 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%.
Maxim Power Equity-to-Asset Related Terms
Maxim Power Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Maxim Power'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:MP9 vs CEG, VST, NRG: Equity-to-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Maxim Power'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.
Maxim Power Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Maxim Power'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.
Maxim Power's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Maxim Power (FRA:MP9) has a Equity-to-Asset of 0.88 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Maxim Power and its competitors. This is 22% above median its historical median of 0.72. Over the past decade, Maxim Power's Equity-to-Asset has ranged from 0.57 to 0.89. According to the industry distribution chart, Maxim Power ranks #36 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.9%.
Is Maxim Power's Equity-to-Asset too high?
Maxim Power's current Equity-to-Asset of 0.88 is 22% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.89. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Maxim Power's value of 0.88 is 114.6% above this industry median. Based on the distribution chart, Maxim Power ranks #36 out of 457 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Maxim Power has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxim Power's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Maxim Power ranks #36 out of 457 companies for Equity-to-Asset. This places Maxim Power in the top 8% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.41. Maxim Power's value of 0.88 is 114.6% above this benchmark. Historically, Maxim Power's own Equity-to-Asset has ranged from 0.57 to 0.89 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.41, Maxim Power 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 an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 457 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. Maxim Power's current Equity-to-Asset of 0.88 is 114.6% 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 Maxim Power and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Power's current Equity-to-Asset is 0.88, which is 22% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Power stock overvalued right now?
Based on GuruFocus' analysis, Maxim Power (FRA:MP9) is currently considered Fairly Valued. The stock's GF Value™ is €2.32, compared to a current price of €2.48 — trading 6.9% above its estimated fair value. The current Equity-to-Asset is 0.88, which is 22% above median its 10-year median of 0.72 and 114.6% above the Utilities - Independent Power Producers industry median of 0.41. Maxim Power's overall GF Score™ is 50/100 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 Maxim Power (FRA:MP9), the current Equity-to-Asset is 0.88 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 Maxim Power (FRA:MP9) Overvalued in 2026?
Based on GuruFocus' analysis, Maxim Power stock appears to be overvalued.
The current stock price of €2.48 is trading 6.9% above its estimated GF Value™ of €2.32.
GuruFocus considers Maxim Power to be Fairly Valued.
Key valuation signals for FRA:MP9:
Equity-to-Asset: 0.88 (22% above median its 10-year median of 0.72)
GF Value™: €2.32 vs. price of €2.48 (6.9% above fair value)
Industry Position: 114.6% above the Utilities - Independent Power Producers median (#36 of 457)
No single metric tells the full story. See the FRA:MP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
50GF Score
Get the complete analysis for FRA:MP9
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:MP9 has been successfully added to your 
