Piquadro SpA (MIL:PQ) Equity-to-Asset: 0.37 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:PQ Piquadro SpA MIL:PQ
77 GF Score
Price €2.53
GF Value €2.18
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Piquadro SpA Equity-to-Asset?

Piquadro SpA MIL:PQ +0.40% 77 Equity-to-Asset is 0.37 as of Mar. 2026, which is 3% above its 10-year median of 0.36. GuruFocus rates MIL:PQ with a GF Score™ of 77/100 and a GF Value™ of €2.18 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks worse than 73.66% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Piquadro SpA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €75.0 Mil. Piquadro SpA's Total Assets for the quarter that ended in Mar. 2026 was €203.4 Mil. Therefore, Piquadro SpA's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.37.

The historical rank and industry rank for Piquadro SpA's Equity-to-Asset or its related term are showing as below:

MIL:PQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.36   Max: 0.47
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Piquadro SpA was 0.47. The lowest was 0.27. And the median was 0.36.

MIL:PQ's Equity-to-Asset is ranked worse than
73.66% of 1063 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55 vs MIL:PQ: 0.37

Piquadro SpA  (MIL:PQ) 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%.


Piquadro SpA Equity-to-Asset Related Terms


Piquadro SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Piquadro 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.

Piquadro SpA Equity-to-Asset Chart

Piquadro SpA Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.32 0.36 0.36 0.37

Piquadro SpA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.33 0.36 0.34 0.37

MIL:PQ vs NKE, DECK, ONON: Equity-to-Asset Comparison

For the Footwear & Accessories subindustry, Piquadro 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.


Piquadro SpA Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Piquadro SpA's Equity-to-Asset falls into.


MIL:PQ
77GF Score
Piquadro SpA MIL:PQ
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piquadro 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.

Piquadro SpA's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=74.956/203.413
=0.37

Piquadro SpA's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=74.956/203.413
=0.37

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.37 mean?
Piquadro SpA (MIL:PQ) has a Equity-to-Asset of 0.37 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Piquadro SpA and its competitors. This is near median its historical median of 0.36. Over the past decade, Piquadro SpA's Equity-to-Asset has ranged from 0.27 to 0.47. According to the industry distribution chart, Piquadro SpA ranks #783 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.7%.
Is Piquadro SpA's Equity-to-Asset too high?
Piquadro SpA's current Equity-to-Asset of 0.37 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.47. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Piquadro SpA's value of 0.37 is 32.7% below this industry median. Based on the distribution chart, Piquadro SpA ranks #783 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Piquadro 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 Piquadro SpA's Equity-to-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #783 out of 1063 companies for Equity-to-Asset. This places Piquadro SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Piquadro SpA's value of 0.37 is 32.7% below this benchmark. Historically, Piquadro SpA's own Equity-to-Asset has ranged from 0.27 to 0.47 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.55, Piquadro 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,063 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. Piquadro SpA's current Equity-to-Asset of 0.37 is 32.7% 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current Equity-to-Asset is 0.37, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.18, compared to a current price of €2.53 — trading 16.1% above its estimated fair value. The current Equity-to-Asset is 0.37, which is near median its 10-year median of 0.36 and 32.7% below the Manufacturing - Apparel & Accessories industry median of 0.55. Piquadro SpA's overall GF Score™ is 77/100 with 3 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 Piquadro SpA (MIL:PQ), the current Equity-to-Asset is 0.37 as of Mar. 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 Piquadro SpA (MIL:PQ) Overvalued in 2026?

Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued. The current stock price of €2.53 is trading 16.1% above its estimated GF Value™ of €2.18. GuruFocus considers Piquadro SpA to be Modestly Overvalued.

Key valuation signals for MIL:PQ:

  • Equity-to-Asset: 0.37 (near median its 10-year median of 0.36)
  • GF Value™: €2.18 vs. price of €2.53 (16.1% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 32.7% below the Manufacturing - Apparel & Accessories median (#783 of 1063)

No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piquadro SpA Business Description

Other Exchanges 0HPP:UK4LZ:Germany
Address Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
77GF Score

Get the complete analysis for MIL:PQ

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.53
Price
€2.18
GF Value