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Circle SpAMIL:CIRC +0.37%85 Equity-to-Asset is 0.57 as of Dec. 2025, which is 16% above its 10-year median of 0.49. GuruFocus rates MIL:CIRC with a GF Score™ of 85/100 and a GF Value™ of €12.19 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,892 Software companies, Circle SpA ranks better than 52.8% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Circle SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €18.34 Mil. Circle SpA's Total Assets for the quarter that ended in Dec. 2025 was €32.05 Mil.
Therefore, Circle SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.57.
The historical rank and industry rank for Circle SpA's Equity-to-Asset or its related term are showing as below:
MIL:CIRC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.49 Max: 0.59
Current: 0.57
During the past 11 years, the highest Equity to Asset Ratio of Circle SpA was 0.59. The lowest was 0.38. And the median was 0.49.
MIL:CIRC's Equity-to-Asset is ranked better than 52.8% of 2892
companies
in the Software industry
Industry Median: 0.56
vs MIL:CIRC: 0.57
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%.
Circle SpA Equity-to-Asset Related Terms
Circle SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Circle SpA'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.
MIL:CIRC vs IBM, ACN, FISV: Equity-to-Asset Comparison
For the Information Technology Services subindustry, Circle SpA'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.
Circle SpA Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Circle SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Circle SpA'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.
Circle SpA'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.
Circle SpA (MIL:CIRC) has a Equity-to-Asset of 0.57 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Circle SpA and its competitors. This is 16% above median its historical median of 0.49. Over the past decade, Circle SpA's Equity-to-Asset has ranged from 0.38 to 0.59. According to the industry distribution chart, Circle SpA ranks #1365 out of 2892 companies in the Software industry, placing it in the top 47.2%.
Is Circle SpA's Equity-to-Asset too high?
Circle SpA's current Equity-to-Asset of 0.57 is 16% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.59. The Software industry median Equity-to-Asset is 0.56. Circle SpA's value of 0.57 is 1.8% above this industry median. Based on the distribution chart, Circle SpA ranks #1365 out of 2892 companies in the Software industry, which is above the industry midpoint. Overall, Circle SpA has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #1365 out of 2892 companies for Equity-to-Asset. This puts Circle SpA in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Circle SpA's value of 0.57 is 1.8% above this benchmark. Historically, Circle SpA's own Equity-to-Asset has ranged from 0.38 to 0.59 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.56, Circle SpA 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. Circle SpA's current Equity-to-Asset of 0.57 is 1.8% 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 Circle SpA 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. Circle SpA's current Equity-to-Asset is 0.57, which is 16% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.19, compared to a current price of €13.60 — trading 11.6% above its estimated fair value. The current Equity-to-Asset is 0.57, which is 16% above median its 10-year median of 0.49 and 1.8% above the Software industry median of 0.56. Circle SpA's overall GF Score™ is 85/100 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 Circle SpA (MIL:CIRC), the current Equity-to-Asset is 0.57 as of Dec. 2025. 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 Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.60 is trading 11.6% above its estimated GF Value™ of €12.19.
GuruFocus considers Circle SpA to be Modestly Overvalued.
Key valuation signals for MIL:CIRC:
Equity-to-Asset: 0.57 (16% above median its 10-year median of 0.49)
GF Value™: €12.19 vs. price of €13.60 (11.6% above fair value)
Industry Position: 1.8% above the Software median (#1365 of 2892)
No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
85GF Score
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