PT Gunawan Dianjaya Steel Tbk (ISX:GDST) Equity-to-Asset: 0.38 (As of Jun. 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

ISX:GDST PT Gunawan Dianjaya Steel Tbk ISX:GDST
66 GF Score
Price Rp115.00
GF Value Rp89.30
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is PT Gunawan Dianjaya Steel Tbk Equity-to-Asset?

PT Gunawan Dianjaya Steel Tbk ISX:GDST +13.86% 66 Equity-to-Asset is 0.38 as of Jun. 2026, which is 27% below its 10-year median of 0.52. GuruFocus rates ISX:GDST with a GF Score™ of 66/100 and a GF Value™ of Rp89.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 636 Steel companies, PT Gunawan Dianjaya Steel Tbk ranks worse than 69.03% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Gunawan Dianjaya Steel Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was Rp1,482,384 Mil. PT Gunawan Dianjaya Steel Tbk's Total Assets for the quarter that ended in Jun. 2026 was Rp3,908,466 Mil. Therefore, PT Gunawan Dianjaya Steel Tbk's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.38.

The historical rank and industry rank for PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset or its related term are showing as below:

ISX:GDST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.76
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of PT Gunawan Dianjaya Steel Tbk was 0.76. The lowest was 0.40. And the median was 0.52.

ISX:GDST's Equity-to-Asset is ranked worse than
69.03% of 636 companies
in the Steel industry
Industry Median: 0.54 vs ISX:GDST: 0.42

PT Gunawan Dianjaya Steel Tbk  (ISX:GDST) 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%.


PT Gunawan Dianjaya Steel Tbk Equity-to-Asset Related Terms


PT Gunawan Dianjaya Steel Tbk Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for PT Gunawan Dianjaya Steel Tbk'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.

PT Gunawan Dianjaya Steel Tbk Equity-to-Asset Chart

PT Gunawan Dianjaya Steel Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.50 0.57 0.49 0.40

PT Gunawan Dianjaya Steel Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.46 0.47 0.40 0.42 0.38

ISX:GDST vs NUE, STLD, RS: Equity-to-Asset Comparison

For the Steel subindustry, PT Gunawan Dianjaya Steel Tbk'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.


PT Gunawan Dianjaya Steel Tbk Equity-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset falls into.


ISX:GDST
66GF Score
PT Gunawan Dianjaya Steel Tbk ISX:GDST
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Gunawan Dianjaya Steel Tbk 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.

PT Gunawan Dianjaya Steel Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1410306.891/3495704.842
=0.40

PT Gunawan Dianjaya Steel Tbk'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
=1482383.632/3908465.74
=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?
PT Gunawan Dianjaya Steel Tbk (ISX:GDST) has a Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Gunawan Dianjaya Steel Tbk and its competitors. This is 27% below median its historical median of 0.52. Over the past decade, PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset has ranged from 0.40 to 0.76. According to the industry distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #439 out of 636 companies in the Steel industry, placing it in the top 69%.
Is PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset too high?
PT Gunawan Dianjaya Steel Tbk's current Equity-to-Asset of 0.38 is 27% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.76. The Steel industry median Equity-to-Asset is 0.54. PT Gunawan Dianjaya Steel Tbk's value of 0.38 is 29.6% below this industry median. Based on the distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #439 out of 636 companies in the Steel industry, which is below the industry midpoint. Overall, PT Gunawan Dianjaya Steel Tbk has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gunawan Dianjaya Steel Tbk's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, PT Gunawan Dianjaya Steel Tbk ranks #439 out of 636 companies for Equity-to-Asset. This places PT Gunawan Dianjaya Steel Tbk in the lower half of its industry. The industry median Equity-to-Asset is 0.54. PT Gunawan Dianjaya Steel Tbk's value of 0.38 is 29.6% below this benchmark. Historically, PT Gunawan Dianjaya Steel Tbk's own Equity-to-Asset has ranged from 0.40 to 0.76 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.54, PT Gunawan Dianjaya Steel Tbk 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 636 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. PT Gunawan Dianjaya Steel Tbk's current Equity-to-Asset of 0.38 is 29.6% 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 PT Gunawan Dianjaya Steel Tbk and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gunawan Dianjaya Steel Tbk's current Equity-to-Asset is 0.38, which is 27% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gunawan Dianjaya Steel Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk (ISX:GDST) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp89.30, compared to a current price of Rp115.00 — trading 28.8% above its estimated fair value. The current Equity-to-Asset is 0.38, which is 27% below median its 10-year median of 0.52 and 29.6% below the Steel industry median of 0.54. PT Gunawan Dianjaya Steel Tbk's overall GF Score™ is 66/100 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 PT Gunawan Dianjaya Steel Tbk (ISX:GDST), the current Equity-to-Asset is 0.38 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 PT Gunawan Dianjaya Steel Tbk (ISX:GDST) Overvalued in 2026?

Based on GuruFocus' analysis, PT Gunawan Dianjaya Steel Tbk stock appears to be overvalued. The current stock price of Rp115.00 is trading 28.8% above its estimated GF Value™ of Rp89.30. GuruFocus considers PT Gunawan Dianjaya Steel Tbk to be Modestly Overvalued.

Key valuation signals for ISX:GDST:

  • Equity-to-Asset: 0.38 (27% below median its 10-year median of 0.52)
  • GF Value™: Rp89.30 vs. price of Rp115.00 (28.8% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 29.6% below the Steel median (#439 of 636)

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


PT Gunawan Dianjaya Steel Tbk Business Description

Address Jalan Margomulyo 29A, Tambak Sarioso, Asemrowo, Jawa Timur, Surabaya, IDN, 60184
PT Gunawan Dianjaya Steel Tbk is an Indonesian steel plate manufacturing (re-rolling) company. It is engaged in the manufacture of Hot Rolled Steel Plate. Its products include Low carbon Structural Steel Plates, High Strength Low Alloy Structural Steel Plates, Steel plates for boilers and pressure vessels, Steel plates for ship building including Hull Structural Steel Plates (Mild Steels), and High Strength Hull Structural Steel Plates (High Tensile Steels). It operates in single segment of manufacturing of hot rolled steel in Indonesia.
66GF Score

Get the complete analysis for ISX:GDST

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

Rp115.00
Price
Rp89.30
GF Value