Formul Plastik Ve Metalnayi AS (IST:FRMPL) Equity-to-Asset: 0.65 (As of Jun. 2026) — 10% Above Median

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IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
23 GF Score
Price ₺38.42
! 2 Warning Signs
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What is Formul Plastik Ve Metalnayi AS Equity-to-Asset?

Formul Plastik Ve Metalnayi AS IST:FRMPL +9.15% 23 Equity-to-Asset is 0.65 as of Jun. 2026, which is 10% above its 10-year median of 0.59. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 413 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks better than 66.34% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Formul Plastik Ve Metalnayi AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₺3,960 Mil. Formul Plastik Ve Metalnayi AS's Total Assets for the quarter that ended in Jun. 2026 was ₺6,120 Mil. Therefore, Formul Plastik Ve Metalnayi AS's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.65.

The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's Equity-to-Asset or its related term are showing as below:

IST:FRMPL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.59   Max: 0.68
Current: 0.65

During the past 3 years, the highest Equity to Asset Ratio of Formul Plastik Ve Metalnayi AS was 0.68. The lowest was 0.48. And the median was 0.59.

IST:FRMPL's Equity-to-Asset is ranked better than
66.34% of 413 companies
in the Building Materials industry
Industry Median: 0.55 vs IST:FRMPL: 0.65

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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%.


Formul Plastik Ve Metalnayi AS Equity-to-Asset Related Terms


Formul Plastik Ve Metalnayi AS Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS Equity-to-Asset Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Equity-to-Asset
0.48 0.57 0.61

Formul Plastik Ve Metalnayi AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.53 0.68 0.65

IST:FRMPL vs CRH, VMC, MLM: Equity-to-Asset Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi 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.


Formul Plastik Ve Metalnayi AS Equity-to-Asset vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's Equity-to-Asset falls into.


IST:FRMPL
23GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS 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.

Formul Plastik Ve Metalnayi AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=2161.077/3545.005
=0.61

Formul Plastik Ve Metalnayi AS's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=3960.271/6120.235
=0.65

* 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 0.65 mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Equity-to-Asset of 0.65 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is 10% above median its historical median of 0.59. Over the past decade, Formul Plastik Ve Metalnayi AS's Equity-to-Asset has ranged from 0.48 to 0.68. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #139 out of 413 companies in the Building Materials industry, placing it in the top 33.7%.
Is Formul Plastik Ve Metalnayi AS's Equity-to-Asset too high?
Formul Plastik Ve Metalnayi AS's current Equity-to-Asset of 0.65 is 10% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.68. The Building Materials industry median Equity-to-Asset is 0.55. Formul Plastik Ve Metalnayi AS's value of 0.65 is 18.2% above this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #139 out of 413 companies in the Building Materials industry, which is above the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Equity-to-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #139 out of 413 companies for Equity-to-Asset. This puts Formul Plastik Ve Metalnayi AS in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Formul Plastik Ve Metalnayi AS's value of 0.65 is 18.2% above this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Equity-to-Asset has ranged from 0.48 to 0.68 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.55, Formul Plastik Ve Metalnayi 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 a Building Materials company?
The median Equity-to-Asset among Building Materials companies is 0.55, based on 413 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. Formul Plastik Ve Metalnayi AS's current Equity-to-Asset of 0.65 is 18.2% 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 Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Equity-to-Asset is 0.65, which is 10% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Equity-to-Asset of 0.65. The current Equity-to-Asset is 0.65, which is 10% above median its 10-year median of 0.59 and 18.2% above the Building Materials industry median of 0.55. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Equity-to-Asset is 0.65 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score

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