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Porto Aviation Group SpAMIL:PAG 37 Equity-to-Asset is 0.45 as of Dec. 2025, which is 6% below its 10-year median of 0.48. GuruFocus rates MIL:PAG with a GF Score™ of 37/100 and a GF Value™ of €6.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 361 Aerospace & Defense companies, Porto Aviation Group SpA ranks worse than 59% on this metric.
Porto Aviation Group SpA (MIL:PAG) 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%.
Porto Aviation Group SpA Equity-to-Asset Related Terms
Porto Aviation Group SpA Equity-to-Asset Historical Data
* 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:PAG vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Porto Aviation Group 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.
Porto Aviation Group SpA Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Porto Aviation Group SpA's Equity-to-Asset falls into.
Porto Aviation Group SpA Equity-to-Asset Calculation
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.
Porto Aviation Group 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.
Porto Aviation Group SpA (MIL:PAG) has a Equity-to-Asset of 0.45 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Porto Aviation Group SpA and its competitors. This is near median its historical median of 0.48. Over the past decade, Porto Aviation Group SpA's Equity-to-Asset has ranged from 0.38 to 0.56. According to the industry distribution chart, Porto Aviation Group SpA ranks #213 out of 361 companies in the Aerospace & Defense industry, placing it in the top 59%.
Is Porto Aviation Group SpA's Equity-to-Asset too high?
Porto Aviation Group SpA's current Equity-to-Asset of 0.45 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.56. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Porto Aviation Group SpA's value of 0.45 is 11.8% below this industry median. Based on the distribution chart, Porto Aviation Group SpA ranks #213 out of 361 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Porto Aviation Group SpA has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porto Aviation Group SpA's Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Porto Aviation Group SpA ranks #213 out of 361 companies for Equity-to-Asset. This places Porto Aviation Group SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Porto Aviation Group SpA's value of 0.45 is 11.8% below this benchmark. Historically, Porto Aviation Group SpA's own Equity-to-Asset has ranged from 0.38 to 0.56 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.51, Porto Aviation Group 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 an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 361 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. Porto Aviation Group SpA's current Equity-to-Asset of 0.45 is 11.8% 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 Porto Aviation Group SpA and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Porto Aviation Group SpA's current Equity-to-Asset is 0.45, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porto Aviation Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Porto Aviation Group SpA (MIL:PAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.56, compared to a current price of €9.40 — trading 43.3% above its estimated fair value. The current Equity-to-Asset is 0.45, which is near median its 10-year median of 0.48 and 11.8% below the Aerospace & Defense industry median of 0.51. Porto Aviation Group SpA's overall GF Score™ is 37/100 with 6 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 Porto Aviation Group SpA (MIL:PAG), the current Equity-to-Asset is 0.45 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 Porto Aviation Group SpA (MIL:PAG) Overvalued in 2026?
Based on GuruFocus' analysis, Porto Aviation Group SpA stock appears to be overvalued.
The current stock price of €9.40 is trading 43.3% above its estimated GF Value™ of €6.56.
GuruFocus considers Porto Aviation Group SpA to be Significantly Overvalued.
Key valuation signals for MIL:PAG:
Equity-to-Asset: 0.45 (near median its 10-year median of 0.48)
GF Value™: €6.56 vs. price of €9.40 (43.3% above fair value)
Industry Position: 11.8% below the Aerospace & Defense median (#213 of 361)
No single metric tells the full story. See the MIL:PAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, and hydraulic components.
37GF Score
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