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SOL SpAMIL:SOL -1.46%77 Equity-to-Asset is 0.47 as of Dec. 2025, which is at its 10-year median of 0.47. GuruFocus rates MIL:SOL with a GF Score™ of 77/100 and a GF Value™ of €42.87 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,615 Chemicals companies, SOL SpA ranks worse than 67.8% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SOL SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €1,137 Mil. SOL SpA's Total Assets for the quarter that ended in Dec. 2025 was €2,423 Mil.
Therefore, SOL SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.47.
The historical rank and industry rank for SOL SpA's Equity-to-Asset or its related term are showing as below:
MIL:SOL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.47 Max: 0.48
Current: 0.47
During the past 13 years, the highest Equity to Asset Ratio of SOL SpA was 0.48. The lowest was 0.45. And the median was 0.47.
MIL:SOL's Equity-to-Asset is ranked worse than 67.8% of 1615
companies
in the Chemicals industry
Industry Median: 0.6
vs MIL:SOL: 0.47
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%.
SOL SpA Equity-to-Asset Related Terms
SOL SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SOL 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:SOL vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, SOL 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.
SOL SpA Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SOL SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SOL 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.
SOL 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.
SOL SpA (MIL:SOL) has a Equity-to-Asset of 0.47 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SOL SpA and its competitors. This is near median its historical median of 0.47. Over the past decade, SOL SpA's Equity-to-Asset has ranged from 0.45 to 0.48. According to the industry distribution chart, SOL SpA ranks #1095 out of 1615 companies in the Chemicals industry, placing it in the top 67.8%.
Is SOL SpA's Equity-to-Asset too high?
SOL SpA's current Equity-to-Asset of 0.47 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.48. The Chemicals industry median Equity-to-Asset is 0.60. SOL SpA's value of 0.47 is 21.7% below this industry median. Based on the distribution chart, SOL SpA ranks #1095 out of 1615 companies in the Chemicals industry, which is below the industry midpoint. Overall, SOL 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 SOL SpA's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, SOL SpA ranks #1095 out of 1615 companies for Equity-to-Asset. This places SOL SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.60. SOL SpA's value of 0.47 is 21.7% below this benchmark. Historically, SOL SpA's own Equity-to-Asset has ranged from 0.45 to 0.48 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.60, SOL 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,615 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. SOL SpA's current Equity-to-Asset of 0.47 is 21.7% 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 SOL SpA and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOL SpA's current Equity-to-Asset is 0.47, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Modestly Overvalued. The stock's GF Value™ is €42.87, compared to a current price of €54.10 — trading 26.2% above its estimated fair value. The current Equity-to-Asset is 0.47, which is near median its 10-year median of 0.47 and 21.7% below the Chemicals industry median of 0.60. SOL SpA's overall GF Score™ is 77/100 with 1 warning sign 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 SOL SpA (MIL:SOL), the current Equity-to-Asset is 0.47 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 SOL SpA (MIL:SOL) Overvalued in 2026?
Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued.
The current stock price of €54.10 is trading 26.2% above its estimated GF Value™ of €42.87.
GuruFocus considers SOL SpA to be Modestly Overvalued.
Key valuation signals for MIL:SOL:
Equity-to-Asset: 0.47 (near median its 10-year median of 0.47)
GF Value™: €42.87 vs. price of €54.10 (26.2% above fair value)
Industry Position: 21.7% below the Chemicals median (#1095 of 1615)
No single metric tells the full story. See the MIL:SOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
77GF Score
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