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.
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.
Doxee SpAMIL:DOX +1.63%73 Equity-to-Asset is 0.21 as of Dec. 2025, which is at its 10-year median of 0.21. GuruFocus rates MIL:DOX with a GF Score™ of 73/100 and a GF Value™ of €2.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,894 Software companies, Doxee SpA ranks worse than 83.86% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Doxee SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €8.86 Mil. Doxee SpA's Total Assets for the quarter that ended in Dec. 2025 was €42.88 Mil.
Therefore, Doxee SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.21.
The historical rank and industry rank for Doxee SpA's Equity-to-Asset or its related term are showing as below:
MIL:DOX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.21 Max: 0.32
Current: 0.21
During the past 9 years, the highest Equity to Asset Ratio of Doxee SpA was 0.32. The lowest was 0.00. And the median was 0.21.
MIL:DOX's Equity-to-Asset is ranked worse than 83.86% of 2894
companies
in the Software industry
Industry Median: 0.56
vs MIL:DOX: 0.21
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%.
Doxee SpA Equity-to-Asset Related Terms
Doxee SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Doxee 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:DOX vs MSFT, ORCL, PLTR: Equity-to-Asset Comparison
For the Software - Infrastructure subindustry, Doxee 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.
Doxee SpA Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Doxee SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Doxee 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.
Doxee 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.
Doxee SpA (MIL:DOX) has a Equity-to-Asset of 0.21 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Doxee SpA and its competitors. This is near median its historical median of 0.21. According to the industry distribution chart, Doxee SpA ranks #2427 out of 2894 companies in the Software industry, placing it in the top 83.9%.
Is Doxee SpA's Equity-to-Asset too high?
Doxee SpA's current Equity-to-Asset of 0.21 is near median its 10-year median of 0.21. The Software industry median Equity-to-Asset is 0.56. Doxee SpA's value of 0.21 is 62.5% below this industry median. Based on the distribution chart, Doxee SpA ranks #2427 out of 2894 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Doxee SpA has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doxee SpA's Equity-to-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Doxee SpA ranks #2427 out of 2894 companies for Equity-to-Asset. This places Doxee SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Doxee SpA's value of 0.21 is 62.5% below this benchmark. While the company's 10-year median is 0.21 vs. the industry median of 0.56, Doxee SpA 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,894 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. Doxee SpA's current Equity-to-Asset of 0.21 is 62.5% 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 Doxee 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. Doxee SpA's current Equity-to-Asset is 0.21, which is near median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doxee SpA stock overvalued right now?
Based on GuruFocus' analysis, Doxee SpA (MIL:DOX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.69, compared to a current price of €3.73 — trading 38.7% above its estimated fair value. The current Equity-to-Asset is 0.21, which is near median its 10-year median of 0.21 and 62.5% below the Software industry median of 0.56. Doxee SpA's overall GF Score™ is 73/100 with 4 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 Doxee SpA (MIL:DOX), the current Equity-to-Asset is 0.21 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 Doxee SpA (MIL:DOX) Overvalued in 2026?
Based on GuruFocus' analysis, Doxee SpA stock appears to be overvalued.
The current stock price of €3.73 is trading 38.7% above its estimated GF Value™ of €2.69.
GuruFocus considers Doxee SpA to be Significantly Overvalued.
Key valuation signals for MIL:DOX:
Equity-to-Asset: 0.21 (near median its 10-year median of 0.21)
GF Value™: €2.69 vs. price of €3.73 (38.7% above fair value)
Industry Position: 62.5% below the Software median (#2427 of 2894)
No single metric tells the full story. See the MIL:DOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.
73GF Score
Get the complete analysis for MIL:DOX
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:DOX has been successfully added to your 
