CMC (NGO:2185) Equity-to-Asset: 0.83 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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NGO:2185 CMC Corp NGO:2185
72 GF Score
Price 円1,090.50
GF Value 円834.45
! 3 Warning Signs
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What is CMC Equity-to-Asset?

CMC NGO:2185 72 Equity-to-Asset is 0.83 as of Mar. 2026, which is 8% above its 10-year median of 0.77. GuruFocus rates NGO:2185 with a GF Score™ of 72/100 and a GF Value™ of 円834.45. The stock has 3 warning signs investors should review. Among 2,894 Software companies, CMC ranks better than 85.14% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CMC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円22,897 Mil. CMC's Total Assets for the quarter that ended in Mar. 2026 was 円28,197 Mil. Therefore, CMC's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.83.

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

NGO:2185' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.77   Max: 0.81
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of CMC was 0.81. The lowest was 0.72. And the median was 0.77.

NGO:2185's Equity-to-Asset is ranked better than
85.14% of 2894 companies
in the Software industry
Industry Median: 0.55 vs NGO:2185: 0.81

CMC  (NGO:2185) 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%.


CMC Equity-to-Asset Related Terms


CMC Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC Equity-to-Asset Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.78 0.78 0.79 0.81

CMC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.83 0.81 0.82 0.83 0.83

NGO:2185 vs IBM, ACN, CTSH: Equity-to-Asset Comparison

For the Information Technology Services subindustry, CMC'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.


CMC Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, CMC's Equity-to-Asset distribution charts can be found below:

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


NGO:2185
72GF Score
CMC Corp NGO:2185
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMC 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.

CMC's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Equity to Asset (A: Sep. 2025 )=Total Stockholders Equity/Total Assets
=21586.779/27137.981
=0.80

CMC'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
=22897.371/28196.609
=0.81

* 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 0.83 mean?
CMC (NGO:2185) has a Equity-to-Asset of 0.83 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CMC and its competitors. This is near median its historical median of 0.77. Over the past decade, CMC's Equity-to-Asset has ranged from 0.72 to 0.81. According to the industry distribution chart, CMC ranks #430 out of 2894 companies in the Software industry, placing it in the top 14.9%.
Is CMC's Equity-to-Asset too high?
CMC's current Equity-to-Asset of 0.83 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 0.81. The Software industry median Equity-to-Asset is 0.55. CMC's value of 0.83 is 50.9% above this industry median. Based on the distribution chart, CMC ranks #430 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CMC has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does CMC's Equity-to-Asset compare to IBM and ACN?
According to the Software industry distribution chart, CMC ranks #430 out of 2894 companies for Equity-to-Asset. This places CMC in the top 15% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. CMC's value of 0.83 is 50.9% above this benchmark. Historically, CMC's own Equity-to-Asset has ranged from 0.72 to 0.81 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.55, CMC 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 Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,894 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. CMC's current Equity-to-Asset of 0.83 is 50.9% 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 CMC and its competitors. For the Software 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. CMC's current Equity-to-Asset is 0.83, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current Equity-to-Asset of 0.83. The stock's GF Value™ is 円834.45, compared to a current price of 円1,090.50 — trading 30.7% above its estimated fair value. The current Equity-to-Asset is 0.83, which is near median its 10-year median of 0.77 and 50.9% above the Software industry median of 0.55. CMC's overall GF Score™ is 72/100 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 CMC (NGO:2185), the current Equity-to-Asset is 0.83 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 30.7% above its estimated GF Value™ of 円834.45.

Key valuation signals for NGO:2185:

  • Equity-to-Asset: 0.83 (near median its 10-year median of 0.77)
  • GF Value™: 円834.45 vs. price of 円1,090.50 (30.7% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 50.9% above the Software median (#430 of 2894)

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
72GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円834.45
GF Value