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Iren SpAMIL:IRE -1.02%77 Equity-to-Asset is 0.37 as of Jun. 2026, which is 42% above its 10-year median of 0.26. GuruFocus rates MIL:IRE with a GF Score™ of 77/100 and a GF Value™ of €2.20 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 508 Utilities - Regulated companies, Iren SpA ranks worse than 68.7% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Iren SpA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €3,692 Mil. Iren SpA's Total Assets for the quarter that ended in Jun. 2026 was €10,032 Mil.
Therefore, Iren SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.37.
The historical rank and industry rank for Iren SpA's Equity-to-Asset or its related term are showing as below:
MIL:IRE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.26 Max: 0.39
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Iren SpA was 0.39. The lowest was 0.22. And the median was 0.26.
MIL:IRE's Equity-to-Asset is ranked worse than 68.7% of 508
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs MIL:IRE: 0.37
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%.
Iren SpA Equity-to-Asset Related Terms
Iren SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Iren 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.
For the Utilities - Diversified subindustry, Iren 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.
Iren SpA Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Iren SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Iren 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.
Iren 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.
Iren SpA (MIL:IRE) has a Equity-to-Asset of 0.37 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Iren SpA and its competitors. This is 42% above median its historical median of 0.26. Over the past decade, Iren SpA's Equity-to-Asset has ranged from 0.22 to 0.39. According to the industry distribution chart, Iren SpA ranks #349 out of 508 companies in the Utilities - Regulated industry, placing it in the top 68.7%.
Is Iren SpA's Equity-to-Asset too high?
Iren SpA's current Equity-to-Asset of 0.37 is 42% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.39. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Iren SpA's value of 0.37 is 2.8% above this industry median. Based on the distribution chart, Iren SpA ranks #349 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Iren SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's Equity-to-Asset compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #349 out of 508 companies for Equity-to-Asset. This places Iren SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.36. Iren SpA's value of 0.37 is 2.8% above this benchmark. Historically, Iren SpA's own Equity-to-Asset has ranged from 0.22 to 0.39 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.36, Iren 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 - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 508 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. Iren SpA's current Equity-to-Asset of 0.37 is 2.8% 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 Iren SpA and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iren SpA's current Equity-to-Asset is 0.37, which is 42% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Based on GuruFocus' analysis, Iren SpA (MIL:IRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.20, compared to a current price of €2.52 — trading 14.6% above its estimated fair value. The current Equity-to-Asset is 0.37, which is 42% above median its 10-year median of 0.26 and 2.8% above the Utilities - Regulated industry median of 0.36. Iren SpA's overall GF Score™ is 77/100 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 Iren SpA (MIL:IRE), the current Equity-to-Asset is 0.37 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 Iren SpA (MIL:IRE) Overvalued in 2026?
Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued.
The current stock price of €2.52 is trading 14.6% above its estimated GF Value™ of €2.20.
GuruFocus considers Iren SpA to be Modestly Overvalued.
Key valuation signals for MIL:IRE:
Equity-to-Asset: 0.37 (42% above median its 10-year median of 0.26)
GF Value™: €2.20 vs. price of €2.52 (14.6% above fair value)
Industry Position: 2.8% above the Utilities - Regulated median (#349 of 508)
No single metric tells the full story. See the MIL:IRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
77GF Score
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