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HardideLSE:HDD +6.71%30 Equity-to-Asset is 0.59 as of Mar. 2026, which is 9% below its 10-year median of 0.65. GuruFocus rates LSE:HDD with a GF Score™ of 30/100 and a GF Value™ of £0.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,622 Chemicals companies, Hardide ranks worse than 50.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hardide's Total Stockholders Equity for the quarter that ended in Mar. 2026 was £5.17 Mil. Hardide's Total Assets for the quarter that ended in Mar. 2026 was £8.71 Mil.
Therefore, Hardide's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.
The historical rank and industry rank for Hardide's Equity-to-Asset or its related term are showing as below:
LSE:HDD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.65 Max: 0.91
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of Hardide was 0.91. The lowest was 0.47. And the median was 0.65.
LSE:HDD's Equity-to-Asset is ranked worse than 50.43% of 1622
companies
in the Chemicals industry
Industry Median: 0.6
vs LSE:HDD: 0.59
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%.
Hardide Equity-to-Asset Related Terms
Hardide Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Hardide'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.
LSE:HDD vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Hardide'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.
Hardide Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hardide's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hardide'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.
Hardide's Equity to Asset Ratio for the fiscal year that ended in Sep. 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.
Hardide (LSE:HDD) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hardide and its competitors. This is near median its historical median of 0.65. Over the past decade, Hardide's Equity-to-Asset has ranged from 0.47 to 0.91. According to the industry distribution chart, Hardide ranks #818 out of 1622 companies in the Chemicals industry, placing it in the top 50.4%.
Is Hardide's Equity-to-Asset too high?
Hardide's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.91. The Chemicals industry median Equity-to-Asset is 0.60. Hardide's value of 0.59 is 1.7% below this industry median. Based on the distribution chart, Hardide ranks #818 out of 1622 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hardide has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hardide ranks #818 out of 1622 companies for Equity-to-Asset. This places Hardide in the lower half of its industry. The industry median Equity-to-Asset is 0.60. Hardide's value of 0.59 is 1.7% below this benchmark. Historically, Hardide's own Equity-to-Asset has ranged from 0.47 to 0.91 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.60, Hardide 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,622 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. Hardide's current Equity-to-Asset of 0.59 is 1.7% 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 Hardide and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardide's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.17, compared to a current price of £0.88 — trading 414.7% above its estimated fair value. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.65 and 1.7% below the Chemicals industry median of 0.60. Hardide's overall GF Score™ is 30/100 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 Hardide (LSE:HDD), the current Equity-to-Asset is 0.59 as of Mar. 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 Hardide (LSE:HDD) Overvalued in 2026?
Based on GuruFocus' analysis, Hardide stock appears to be overvalued.
The current stock price of £0.88 is trading 414.7% above its estimated GF Value™ of £0.17.
GuruFocus considers Hardide to be Significantly Overvalued.
Key valuation signals for LSE:HDD:
Equity-to-Asset: 0.59 (near median its 10-year median of 0.65)
GF Value™: £0.17 vs. price of £0.88 (414.7% above fair value)
Industry Position: 1.7% below the Chemicals median (#818 of 1622)
No single metric tells the full story. See the LSE:HDD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
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