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.
Palo Alto NetworksHAM:5AP -0.25%70 Equity-to-Asset is 0.60 as of Apr. 2026, which is 186% above its 10-year median of 0.21. GuruFocus rates HAM:5AP with a GF Score™ of 70/100 and a GF Value™ of €189.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,892 Software companies, Palo Alto Networks ranks better than 57.37% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Palo Alto Networks's Total Stockholders Equity for the quarter that ended in Apr. 2026 was €23,656 Mil. Palo Alto Networks's Total Assets for the quarter that ended in Apr. 2026 was €39,557 Mil.
Therefore, Palo Alto Networks's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.60.
The historical rank and industry rank for Palo Alto Networks's Equity-to-Asset or its related term are showing as below:
HAM:5AP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 0.6
Current: 0.6
During the past 13 years, the highest Equity to Asset Ratio of Palo Alto Networks was 0.60. The lowest was 0.01. And the median was 0.21.
HAM:5AP's Equity-to-Asset is ranked better than 57.37% of 2892
companies
in the Software industry
Industry Median: 0.56
vs HAM:5AP: 0.60
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%.
Palo Alto Networks Equity-to-Asset Related Terms
Palo Alto Networks Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Palo Alto Networks'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.
HAM:5AP vs PLTR, ORCL, CRWD: Equity-to-Asset Comparison
For the Software - Infrastructure subindustry, Palo Alto Networks'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.
Palo Alto Networks Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Palo Alto Networks's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Palo Alto Networks'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.
Palo Alto Networks's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Palo Alto Networks (HAM:5AP) has a Equity-to-Asset of 0.60 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Palo Alto Networks and its competitors. This is 186% above median its historical median of 0.21. Over the past decade, Palo Alto Networks' Equity-to-Asset has ranged from 0.01 to 0.60. According to the industry distribution chart, Palo Alto Networks ranks #1233 out of 2892 companies in the Software industry, placing it in the top 42.6%.
Is Palo Alto Networks' Equity-to-Asset too high?
Palo Alto Networks' current Equity-to-Asset of 0.60 is 186% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.60. The Software industry median Equity-to-Asset is 0.56. Palo Alto Networks' value of 0.60 is 7.1% above this industry median. Based on the distribution chart, Palo Alto Networks ranks #1233 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Palo Alto Networks has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palo Alto Networks' Equity-to-Asset compare to PLTR and ORCL?
According to the Software industry distribution chart, Palo Alto Networks ranks #1233 out of 2892 companies for Equity-to-Asset. This puts Palo Alto Networks in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Palo Alto Networks' value of 0.60 is 7.1% above this benchmark. Historically, Palo Alto Networks' own Equity-to-Asset has ranged from 0.01 to 0.60 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.56, Palo Alto Networks 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 2,892 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. Palo Alto Networks's current Equity-to-Asset of 0.60 is 7.1% 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 Palo Alto Networks 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. Palo Alto Networks's current Equity-to-Asset is 0.60, which is 186% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palo Alto Networks stock overvalued right now?
Based on GuruFocus' analysis, Palo Alto Networks (HAM:5AP) is currently considered Significantly Overvalued. The stock's GF Value™ is €189.50, compared to a current price of €319.75 — trading 68.7% above its estimated fair value. The current Equity-to-Asset is 0.60, which is 186% above median its 10-year median of 0.21 and 7.1% above the Software industry median of 0.56. Palo Alto Networks' overall GF Score™ is 70/100 with 7 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 Palo Alto Networks (HAM:5AP), the current Equity-to-Asset is 0.60 as of Apr. 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 Palo Alto Networks (HAM:5AP) Overvalued in 2026?
Based on GuruFocus' analysis, Palo Alto Networks stock appears to be overvalued.
The current stock price of €319.75 is trading 68.7% above its estimated GF Value™ of €189.50.
GuruFocus considers Palo Alto Networks to be Significantly Overvalued.
Key valuation signals for HAM:5AP:
Equity-to-Asset: 0.60 (186% above median its 10-year median of 0.21)
GF Value™: €189.50 vs. price of €319.75 (68.7% above fair value)
Industry Position: 7.1% above the Software median (#1233 of 2892)
No single metric tells the full story. See the HAM:5AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three-fourths of the Global 2000.
70GF Score
Get the complete analysis for HAM:5AP
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
HAM:5AP has been successfully added to your 
