FREKF (Freee KK) Equity-to-Asset: 0.38 (As of Dec. 2025) — 44% Below Median

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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.
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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.

FREKF Freee KK FREKF
64 GF Score
Price $11.23
GF Value $30.85
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Freee KK Equity-to-Asset?

Freee KK FREKF 64 Equity-to-Asset is 0.38 as of Dec. 2025, which is 44% below its 10-year median of 0.68. GuruFocus rates FREKF with a GF Score™ of 64/100 and a GF Value™ of $30.85 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,885 Software companies, Freee KK ranks worse than 73.28% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freee KK's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $129.3 Mil. Freee KK's Total Assets for the quarter that ended in Dec. 2025 was $342.3 Mil. Therefore, Freee KK's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.38.

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

FREKF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.68   Max: 0.87
Current: 0.35

During the past 7 years, the highest Equity to Asset Ratio of Freee KK was 0.87. The lowest was 0.35. And the median was 0.68.

FREKF's Equity-to-Asset is ranked worse than
73.28% of 2885 companies
in the Software industry
Industry Median: 0.56 vs FREKF: 0.35

Freee KK  (OTCPK:FREKF) 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%.


Freee KK Equity-to-Asset Related Terms


Freee KK Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Freee KK'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.

Freee KK Equity-to-Asset Chart

Freee KK Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial 0.85 0.77 0.61 0.42 0.37

Freee KK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.39 0.37 0.39 0.38 0.35

FREKF vs UBER, SHOP, CRM: Equity-to-Asset Comparison

For the Software - Application subindustry, Freee KK'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.


Freee KK Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, Freee KK's Equity-to-Asset distribution charts can be found below:

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


FREKF
64GF Score
Freee KK FREKF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freee KK 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.

Freee KK's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=136.094/364.026
=0.37

Freee KK's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=129.256/342.304
=0.38

* 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 0.38 mean?
Freee KK (FREKF) has a Equity-to-Asset of 0.38 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Freee KK and its competitors. This is 44% below median its historical median of 0.68. Over the past decade, Freee KK's Equity-to-Asset has ranged from 0.35 to 0.87. According to the industry distribution chart, Freee KK ranks #2114 out of 2885 companies in the Software industry, placing it in the top 73.3%.
Is Freee KK's Equity-to-Asset too high?
Freee KK's current Equity-to-Asset of 0.38 is 44% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.87. The Software industry median Equity-to-Asset is 0.56. Freee KK's value of 0.38 is 32.1% below this industry median. Based on the distribution chart, Freee KK ranks #2114 out of 2885 companies in the Software industry, which is below the industry midpoint. Overall, Freee KK has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Freee KK's Equity-to-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Freee KK ranks #2114 out of 2885 companies for Equity-to-Asset. This places Freee KK in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Freee KK's value of 0.38 is 32.1% below this benchmark. Historically, Freee KK's own Equity-to-Asset has ranged from 0.35 to 0.87 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.56, Freee KK 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,885 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. Freee KK's current Equity-to-Asset of 0.38 is 32.1% 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 Freee KK 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. Freee KK's current Equity-to-Asset is 0.38, which is 44% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freee KK stock overvalued right now?
Based on GuruFocus' analysis, Freee KK (FREKF) is currently considered Possible Value Trap. The stock's GF Value™ is $30.85, compared to a current price of $11.23 — trading 63.6% below its estimated fair value. The current Equity-to-Asset is 0.38, which is 44% below median its 10-year median of 0.68 and 32.1% below the Software industry median of 0.56. Freee KK's overall GF Score™ is 64/100 with 3 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 Freee KK (FREKF), the current Equity-to-Asset is 0.38 as of Dec. 2025. 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 Freee KK (FREKF) Overvalued in 2026?

Based on GuruFocus' analysis, Freee KK stock appears to be undervalued. The current stock price of $11.23 is trading 63.6% below its estimated GF Value™ of $30.85. GuruFocus considers Freee KK to be Possible Value Trap.

Key valuation signals for FREKF:

  • Equity-to-Asset: 0.38 (44% below median its 10-year median of 0.68)
  • GF Value™: $30.85 vs. price of $11.23 (63.6% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 32.1% below the Software median (#2114 of 2885)

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


Freee KK Business Description

Other Exchanges 4478:Japan
Address 2-8-1 Nishi-Gotanda, Shinagawa-ku, Gotanda First Building 9th Floor, Tokyo, JPN, 141-0031
Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.
64GF Score

Get the complete analysis for FREKF

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

$11.23
Price
$30.85
GF Value