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Aygaz ASIST:AYGAZ -2.46%44 Equity-to-Asset is 0.87 as of Jun. 2026, which is 58% above its 10-year median of 0.55. GuruFocus rates IST:AYGAZ with a GF Score™ of 44/100 and a GF Value™ of ₺191.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 511 Utilities - Regulated companies, Aygaz AS ranks better than 96.67% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aygaz AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₺84,081 Mil. Aygaz AS's Total Assets for the quarter that ended in Jun. 2026 was ₺96,720 Mil.
Therefore, Aygaz AS's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.87.
The historical rank and industry rank for Aygaz AS's Equity-to-Asset or its related term are showing as below:
IST:AYGAZ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.55 Max: 0.87
Current: 0.87
During the past 13 years, the highest Equity to Asset Ratio of Aygaz AS was 0.87. The lowest was 0.26. And the median was 0.55.
IST:AYGAZ's Equity-to-Asset is ranked better than 96.67% of 511
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs IST:AYGAZ: 0.87
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%.
Aygaz AS Equity-to-Asset Related Terms
Aygaz AS Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Aygaz AS'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.
IST:AYGAZ vs ATO, NI, UGI: Equity-to-Asset Comparison
For the Utilities - Regulated Gas subindustry, Aygaz AS'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.
Aygaz AS Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Aygaz AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aygaz AS'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.
Aygaz AS'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.
Aygaz AS (IST:AYGAZ) has a Equity-to-Asset of 0.87 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Aygaz AS and its competitors. This is 58% above median its historical median of 0.55. Over the past decade, Aygaz AS's Equity-to-Asset has ranged from 0.26 to 0.87. According to the industry distribution chart, Aygaz AS ranks #17 out of 511 companies in the Utilities - Regulated industry, placing it in the top 3.3%.
Is Aygaz AS's Equity-to-Asset too high?
Aygaz AS's current Equity-to-Asset of 0.87 is 58% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.87. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Aygaz AS's value of 0.87 is 141.7% above this industry median. Based on the distribution chart, Aygaz AS ranks #17 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Aygaz AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aygaz AS's Equity-to-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Aygaz AS ranks #17 out of 511 companies for Equity-to-Asset. This places Aygaz AS in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.36. Aygaz AS's value of 0.87 is 141.7% above this benchmark. Historically, Aygaz AS's own Equity-to-Asset has ranged from 0.26 to 0.87 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.36, Aygaz AS 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 - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 511 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. Aygaz AS's current Equity-to-Asset of 0.87 is 141.7% 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 Aygaz AS and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aygaz AS's current Equity-to-Asset is 0.87, which is 58% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aygaz AS stock overvalued right now?
Based on GuruFocus' analysis, Aygaz AS (IST:AYGAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺191.68, compared to a current price of ₺326.75 — trading 70.5% above its estimated fair value. The current Equity-to-Asset is 0.87, which is 58% above median its 10-year median of 0.55 and 141.7% above the Utilities - Regulated industry median of 0.36. Aygaz AS's overall GF Score™ is 44/100 with 8 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 Aygaz AS (IST:AYGAZ), the current Equity-to-Asset is 0.87 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 Aygaz AS (IST:AYGAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Aygaz AS stock appears to be overvalued.
The current stock price of ₺326.75 is trading 70.5% above its estimated GF Value™ of ₺191.68.
GuruFocus considers Aygaz AS to be Significantly Overvalued.
Key valuation signals for IST:AYGAZ:
Equity-to-Asset: 0.87 (58% above median its 10-year median of 0.55)
GF Value™: ₺191.68 vs. price of ₺326.75 (70.5% above fair value)
Industry Position: 141.7% above the Utilities - Regulated median (#17 of 511)
No single metric tells the full story. See the IST:AYGAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aygaz AS is a gas company engaged in the sale and distribution of liquefied petroleum gas, or LPG, and natural gas products in Turkey. The group has three operating segments which are LPG and gas, cargo transportation and distribution, petroleum products, and electricity. It generates the majority of its revenue from the LPG and gas segment.
44GF Score
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