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FRA:S08'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.54 Max: 0.65
Current: 0.55
During the past 13 years, the highest Equity to Asset Ratio of PT Steel Pipe Industry of Indonesia Tbk was 0.65. The lowest was 0.42. And the median was 0.54.
FRA:S08's Equity-to-Asset is ranked better than 52.53% of 632
companies
in the Steel industry
Industry Median: 0.54
vs FRA:S08: 0.55
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) 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%.
PT Steel Pipe Industry of Indonesia Tbk Equity-to-Asset Related Terms
PT Steel Pipe Industry of Indonesia Tbk 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.
PT Steel Pipe Industry of Indonesia Tbk Equity-to-Asset Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
FRA:S08 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.
PT Steel Pipe Industry of Indonesia Tbk Equity-to-Asset vs Steel Industry
PT Steel Pipe Industry of Indonesia Tbk 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.
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Equity-to-Asset of 0.55 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. This is near median its historical median of 0.54. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's Equity-to-Asset has ranged from 0.42 to 0.65. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #300 out of 632 companies in the Steel industry, placing it in the top 47.5%.
Is PT Steel Pipe Industry of Indonesia Tbk's Equity-to-Asset too high?
PT Steel Pipe Industry of Indonesia Tbk's current Equity-to-Asset of 0.55 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.65. The Steel industry median Equity-to-Asset is 0.54. PT Steel Pipe Industry of Indonesia Tbk's value of 0.55 is 1.9% above this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #300 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #300 out of 632 companies for Equity-to-Asset. This puts PT Steel Pipe Industry of Indonesia Tbk in the upper half of its industry. The industry median Equity-to-Asset is 0.54. PT Steel Pipe Industry of Indonesia Tbk's value of 0.55 is 1.9% above this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own Equity-to-Asset has ranged from 0.42 to 0.65 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.54, PT Steel Pipe Industry of Indonesia Tbk 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 632 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. PT Steel Pipe Industry of Indonesia Tbk's current Equity-to-Asset of 0.55 is 1.9% 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 PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Equity-to-Asset is 0.55, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 55% above its estimated fair value. The current Equity-to-Asset is 0.55, which is near median its 10-year median of 0.54 and 1.9% above the Steel industry median of 0.54. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 78/100 with 4 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Equity-to-Asset is 0.55 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of €0.02 is trading 55% above its estimated GF Value™ of €0.01.
GuruFocus considers PT Steel Pipe Industry of Indonesia Tbk to be Significantly Overvalued.
Key valuation signals for FRA:S08:
Equity-to-Asset: 0.55 (near median its 10-year median of 0.54)
GF Value™: €0.01 vs. price of €0.02 (55% above fair value)
Industry Position: 1.9% above the Steel median (#300 of 632)
No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk (ISSP) is an Indonesian manufacturer of steel pipes and related products. Its portfolio includes black pipes, water and mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, and industrial and ornamental stainless steel pipes. The company operates through segments including Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. Its products serve applications such as furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and the chemical industry. Customers are primarily domestic industrial, construction, and infrastructure users, with operations based in Indonesia. Revenue is generated mainly through the manufacture and sale of steel pipes and related steel products, supported by service activities. The company is listed on the Indonesia Stock Exchange under the ticker ISSP.
78GF Score
Get the complete analysis for FRA:S08
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