Frendy Energy SpAMIL:FRE 30 Equity-to-Asset is 0.76 as of Dec. 2025, which is 6% above its 10-year median of 0.72. GuruFocus rates MIL:FRE with a GF Score™ of 30/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 450 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 84.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Frendy Energy SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €11.09 Mil. Frendy Energy SpA's Total Assets for the quarter that ended in Dec. 2025 was €14.70 Mil.
Therefore, Frendy Energy SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.76.
The historical rank and industry rank for Frendy Energy SpA's Equity-to-Asset or its related term are showing as below:
MIL:FRE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.72 Max: 0.76
Current: 0.76
During the past 13 years, the highest Equity to Asset Ratio of Frendy Energy SpA was 0.76. The lowest was 0.58. And the median was 0.72.
Frendy Energy SpA (MIL:FRE) 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%.
Frendy Energy SpA Equity-to-Asset Related Terms
Frendy Energy SpA Equity-to-Asset Historical Data
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The historical data trend for Frendy Energy 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.
Frendy Energy SpA Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Frendy Energy 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.
Frendy Energy SpA Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Frendy Energy 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.
Frendy Energy 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.
Frendy Energy SpA (MIL:FRE) has a Equity-to-Asset of 0.76 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Frendy Energy SpA and its competitors. This is near median its historical median of 0.72. Over the past decade, Frendy Energy SpA's Equity-to-Asset has ranged from 0.58 to 0.76. According to the industry distribution chart, Frendy Energy SpA ranks #70 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 15.6%.
Is Frendy Energy SpA's Equity-to-Asset too high?
Frendy Energy SpA's current Equity-to-Asset of 0.76 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.76. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.42. Frendy Energy SpA's value of 0.76 is 83.1% above this industry median. Based on the distribution chart, Frendy Energy SpA ranks #70 out of 450 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Frendy Energy SpA has a GF Score™ of 30/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #70 out of 450 companies for Equity-to-Asset. This places Frendy Energy SpA in the top 16% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.42. Frendy Energy SpA's value of 0.76 is 83.1% above this benchmark. Historically, Frendy Energy SpA's own Equity-to-Asset has ranged from 0.58 to 0.76 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.42, Frendy Energy 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 an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.42, based on 450 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. Frendy Energy SpA's current Equity-to-Asset of 0.76 is 83.1% 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 Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current Equity-to-Asset is 0.76, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 15.9% below its estimated fair value. The current Equity-to-Asset is 0.76, which is near median its 10-year median of 0.72 and 83.1% above the Utilities - Independent Power Producers industry median of 0.42. Frendy Energy SpA'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 Frendy Energy SpA (MIL:FRE), the current Equity-to-Asset is 0.76 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?
Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued.
The current stock price of €0.19 is trading 15.9% below its estimated GF Value™ of €0.22.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
Equity-to-Asset: 0.76 (near median its 10-year median of 0.72)
GF Value™: €0.22 vs. price of €0.19 (15.9% below fair value)
Industry Position: 83.1% above the Utilities - Independent Power Producers median (#70 of 450)
No single metric tells the full story. See the MIL:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
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