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Rai Way SpAMIL:RWAY -0.21%74 Equity-to-Asset is 0.32 as of Jun. 2026, which is 27% below its 10-year median of 0.44. GuruFocus rates MIL:RWAY with a GF Score™ of 74/100 and a GF Value™ of €5.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,788 Construction companies, Rai Way SpA ranks worse than 70.47% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rai Way SpA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €147.5 Mil. Rai Way SpA's Total Assets for the quarter that ended in Jun. 2026 was €459.7 Mil.
Therefore, Rai Way SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.32.
The historical rank and industry rank for Rai Way SpA's Equity-to-Asset or its related term are showing as below:
MIL:RWAY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.44 Max: 0.62
Current: 0.32
During the past 13 years, the highest Equity to Asset Ratio of Rai Way SpA was 0.62. The lowest was 0.32. And the median was 0.44.
MIL:RWAY's Equity-to-Asset is ranked worse than 70.47% of 1788
companies
in the Construction industry
Industry Median: 0.45
vs MIL:RWAY: 0.32
Rai Way SpA (MIL:RWAY) 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%.
Rai Way SpA Equity-to-Asset Related Terms
Rai Way SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Rai Way 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:RWAY vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, Rai Way 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.
Rai Way SpA Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Rai Way SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Rai Way 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.
Rai Way 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.
Rai Way SpA (MIL:RWAY) has a Equity-to-Asset of 0.32 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rai Way SpA and its competitors. This is 27% below median its historical median of 0.44. Over the past decade, Rai Way SpA's Equity-to-Asset has ranged from 0.32 to 0.62. According to the industry distribution chart, Rai Way SpA ranks #1260 out of 1788 companies in the Construction industry, placing it in the top 70.5%.
Is Rai Way SpA's Equity-to-Asset too high?
Rai Way SpA's current Equity-to-Asset of 0.32 is 27% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.62. The Construction industry median Equity-to-Asset is 0.45. Rai Way SpA's value of 0.32 is 28.9% below this industry median. Based on the distribution chart, Rai Way SpA ranks #1260 out of 1788 companies in the Construction industry, which is below the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #1260 out of 1788 companies for Equity-to-Asset. This places Rai Way SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Rai Way SpA's value of 0.32 is 28.9% below this benchmark. Historically, Rai Way SpA's own Equity-to-Asset has ranged from 0.32 to 0.62 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.45, Rai Way 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,788 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. Rai Way SpA's current Equity-to-Asset of 0.32 is 28.9% 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 Rai Way SpA and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current Equity-to-Asset is 0.32, which is 27% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (MIL:RWAY) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.62, compared to a current price of €4.70 — trading 16.5% below its estimated fair value. The current Equity-to-Asset is 0.32, which is 27% below median its 10-year median of 0.44 and 28.9% below the Construction industry median of 0.45. Rai Way SpA's overall GF Score™ is 74/100 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 Rai Way SpA (MIL:RWAY), the current Equity-to-Asset is 0.32 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 Rai Way SpA (MIL:RWAY) Overvalued in 2026?
Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued.
The current stock price of €4.70 is trading 16.5% below its estimated GF Value™ of €5.62.
GuruFocus considers Rai Way SpA to be Modestly Undervalued.
Key valuation signals for MIL:RWAY:
Equity-to-Asset: 0.32 (27% below median its 10-year median of 0.44)
GF Value™: €5.62 vs. price of €4.70 (16.5% below fair value)
Industry Position: 28.9% below the Construction median (#1260 of 1788)
No single metric tells the full story. See the MIL:RWAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
74GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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