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Next Technology HoldingFRA:ZP9 +2.42%35 Equity-to-Asset is 0.93 as of Mar. 2026, which is 7% above its 10-year median of 0.87. GuruFocus rates FRA:ZP9 with a GF Score™ of 35/100 and a GF Value™ of €5.21 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,890 Software companies, Next Technology Holding ranks better than 97.3% on this metric.
The historical rank and industry rank for Next Technology Holding's Equity-to-Asset or its related term are showing as below:
FRA:ZP9'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.15 Med: 0.87 Max: 0.95
Current: 0.93
During the past 7 years, the highest Equity to Asset Ratio of Next Technology Holding was 0.95. The lowest was -0.15. And the median was 0.87.
FRA:ZP9's Equity-to-Asset is ranked better than 97.3% of 2890
companies
in the Software industry
Industry Median: 0.56
vs FRA:ZP9: 0.93
Next Technology Holding (FRA:ZP9) 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%.
Next Technology Holding Equity-to-Asset Related Terms
Next Technology Holding 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.
FRA:ZP9 vs IDN, FRMM, ILLR: Equity-to-Asset Comparison
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Next Technology Holding's Equity-to-Asset falls into.
Next Technology Holding 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.
Next Technology Holding'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.
Next Technology Holding (FRA:ZP9) has a Equity-to-Asset of 0.93 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Next Technology Holding and its competitors. This is near median its historical median of 0.87. According to the industry distribution chart, Next Technology Holding ranks #78 out of 2890 companies in the Software industry, placing it in the top 2.7%.
Is Next Technology Holding's Equity-to-Asset too high?
Next Technology Holding's current Equity-to-Asset of 0.93 is near median its 10-year median of 0.87. The Software industry median Equity-to-Asset is 0.56. Next Technology Holding's value of 0.93 is 66.1% above this industry median. Based on the distribution chart, Next Technology Holding ranks #78 out of 2890 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Next Technology Holding has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Equity-to-Asset compare to IDN and FRMM?
According to the Software industry distribution chart, Next Technology Holding ranks #78 out of 2890 companies for Equity-to-Asset. This places Next Technology Holding in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. Next Technology Holding's value of 0.93 is 66.1% above this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 0.56, Next Technology Holding 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,890 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. Next Technology Holding's current Equity-to-Asset of 0.93 is 66.1% 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 Next Technology Holding and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Technology Holding's current Equity-to-Asset is 0.93, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €5.21, compared to a current price of €0.85 — trading 83.8% below its estimated fair value. The current Equity-to-Asset is 0.93, which is near median its 10-year median of 0.87 and 66.1% above the Software industry median of 0.56. Next Technology Holding's overall GF Score™ is 35/100 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 Next Technology Holding (FRA:ZP9), the current Equity-to-Asset is 0.93 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €0.85 is trading 83.8% below its estimated GF Value™ of €5.21.
GuruFocus considers Next Technology Holding to be Possible Value Trap.
Key valuation signals for FRA:ZP9:
Equity-to-Asset: 0.93 (near median its 10-year median of 0.87)
GF Value™: €5.21 vs. price of €0.85 (83.8% below fair value)
Industry Position: 66.1% above the Software median (#78 of 2890)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
35GF Score
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