Technical Publications Service SpA (MIL:TPS) Equity-to-Asset: 0.66 (As of Dec. 2025) — 14% Above Median

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MIL:TPS Technical Publications Service SpA MIL:TPS
93 GF Score
Price €8.00
GF Value €7.25
Valuation Fairly Valued
! 1 Warning Sign
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What is Technical Publications Service SpA Equity-to-Asset?

Technical Publications Service SpA MIL:TPS +2.56% 93 Equity-to-Asset is 0.66 as of Dec. 2025, which is 14% above its 10-year median of 0.58. GuruFocus rates MIL:TPS with a GF Score™ of 93/100 and a GF Value™ of €7.25 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,012 Transportation companies, Technical Publications Service SpA ranks better than 75.49% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Technical Publications Service SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €37.51 Mil. Technical Publications Service SpA's Total Assets for the quarter that ended in Dec. 2025 was €56.61 Mil. Therefore, Technical Publications Service SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.66.

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

MIL:TPS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.58   Max: 0.66
Current: 0.66

During the past 11 years, the highest Equity to Asset Ratio of Technical Publications Service SpA was 0.66. The lowest was 0.28. And the median was 0.58.

MIL:TPS's Equity-to-Asset is ranked better than
75.49% of 1012 companies
in the Transportation industry
Industry Median: 0.5 vs MIL:TPS: 0.66

Technical Publications Service SpA  (MIL:TPS) 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%.


Technical Publications Service SpA Equity-to-Asset Related Terms


Technical Publications Service SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA Equity-to-Asset Chart

Technical Publications Service SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.64 0.58 0.63 0.66

Technical Publications Service SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.58 0.59 0.63 0.63 0.66

MIL:TPS vs JOBY, CAAP: Equity-to-Asset Comparison

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's Equity-to-Asset distribution charts can be found below:

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


MIL:TPS
93GF Score
Technical Publications Service SpA MIL:TPS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Publications Service 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.

Technical Publications Service SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=37.505/56.613
=0.66

Technical Publications Service SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=37.505/56.613
=0.66

* 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 0.66 mean?
Technical Publications Service SpA (MIL:TPS) has a Equity-to-Asset of 0.66 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Technical Publications Service SpA and its competitors. This is 14% above median its historical median of 0.58. Over the past decade, Technical Publications Service SpA's Equity-to-Asset has ranged from 0.28 to 0.66. According to the industry distribution chart, Technical Publications Service SpA ranks #248 out of 1012 companies in the Transportation industry, placing it in the top 24.5%.
Is Technical Publications Service SpA's Equity-to-Asset too high?
Technical Publications Service SpA's current Equity-to-Asset of 0.66 is 14% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.66. The Transportation industry median Equity-to-Asset is 0.50. Technical Publications Service SpA's value of 0.66 is 32% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #248 out of 1012 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Technical Publications Service SpA has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's Equity-to-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #248 out of 1012 companies for Equity-to-Asset. This places Technical Publications Service SpA in the top 25% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.50. Technical Publications Service SpA's value of 0.66 is 32% above this benchmark. Historically, Technical Publications Service SpA's own Equity-to-Asset has ranged from 0.28 to 0.66 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.50, Technical Publications Service 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 a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,012 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. Technical Publications Service SpA's current Equity-to-Asset of 0.66 is 32% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current Equity-to-Asset is 0.66, which is 14% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Fairly Valued. The stock's GF Value™ is €7.25, compared to a current price of €8.00 — trading 10.3% above its estimated fair value. The current Equity-to-Asset is 0.66, which is 14% above median its 10-year median of 0.58 and 32% above the Transportation industry median of 0.50. Technical Publications Service SpA's overall GF Score™ is 93/100 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 Technical Publications Service SpA (MIL:TPS), the current Equity-to-Asset is 0.66 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued. The current stock price of €8.00 is trading 10.3% above its estimated GF Value™ of €7.25. GuruFocus considers Technical Publications Service SpA to be Fairly Valued.

Key valuation signals for MIL:TPS:

  • Equity-to-Asset: 0.66 (14% above median its 10-year median of 0.58)
  • GF Value™: €7.25 vs. price of €8.00 (10.3% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 32% above the Transportation median (#248 of 1012)

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


Technical Publications Service SpA Business Description

Address Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
93GF Score

Get the complete analysis for MIL:TPS

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

€8.00
Price
€7.25
GF Value