Gujarat Mineral DevelopmentNSE:GMDCLTD +4.57%63 Equity-to-Asset is 0.79 as of Mar. 2026, which is 4% below its 10-year median of 0.82. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 63/100 and a GF Value™ of ₹371.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 184 Other Energy Sources companies, Gujarat Mineral Development ranks better than 66.3% on this metric.
The historical rank and industry rank for Gujarat Mineral Development's Equity-to-Asset or its related term are showing as below:
NSE:GMDCLTD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78 Med: 0.82 Max: 0.83
Current: 0.79
During the past 13 years, the highest Equity to Asset Ratio of Gujarat Mineral Development was 0.83. The lowest was 0.78. And the median was 0.82.
NSE:GMDCLTD's Equity-to-Asset is ranked better than 66.3% of 184
companies
in the Other Energy Sources industry
Industry Median: 0.6
vs NSE:GMDCLTD: 0.79
Gujarat Mineral Development (NSE:GMDCLTD) 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%.
Gujarat Mineral Development Equity-to-Asset Related Terms
Gujarat Mineral Development Equity-to-Asset Historical Data
* 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.
Gujarat Mineral Development Equity-to-Asset Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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.
Gujarat Mineral Development Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Equity-to-Asset falls into.
Gujarat Mineral Development 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.
Gujarat Mineral Development's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Gujarat Mineral Development (NSE:GMDCLTD) has a Equity-to-Asset of 0.79 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gujarat Mineral Development and its competitors. This is near median its historical median of 0.82. Over the past decade, Gujarat Mineral Development's Equity-to-Asset has ranged from 0.78 to 0.83. According to the industry distribution chart, Gujarat Mineral Development ranks #62 out of 184 companies in the Other Energy Sources industry, placing it in the top 33.7%.
Is Gujarat Mineral Development's Equity-to-Asset too high?
Gujarat Mineral Development's current Equity-to-Asset of 0.79 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 0.83. The Other Energy Sources industry median Equity-to-Asset is 0.60. Gujarat Mineral Development's value of 0.79 is 31.7% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #62 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Equity-to-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #62 out of 184 companies for Equity-to-Asset. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Equity-to-Asset is 0.60. Gujarat Mineral Development's value of 0.79 is 31.7% above this benchmark. Historically, Gujarat Mineral Development's own Equity-to-Asset has ranged from 0.78 to 0.83 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.60, Gujarat Mineral Development 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 an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.60, based on 184 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. Gujarat Mineral Development's current Equity-to-Asset of 0.79 is 31.7% 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 Gujarat Mineral Development and its competitors. For the Other Energy Sources 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. Gujarat Mineral Development's current Equity-to-Asset is 0.79, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹371.83, compared to a current price of ₹610.65 — trading 64.2% above its estimated fair value. The current Equity-to-Asset is 0.79, which is near median its 10-year median of 0.82 and 31.7% above the Other Energy Sources industry median of 0.60. Gujarat Mineral Development's overall GF Score™ is 63/100 with 2 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Equity-to-Asset is 0.79 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹610.65 is trading 64.2% above its estimated GF Value™ of ₹371.83.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Equity-to-Asset: 0.79 (near median its 10-year median of 0.82)
GF Value™: ₹371.83 vs. price of ₹610.65 (64.2% above fair value)
Industry Position: 31.7% above the Other Energy Sources median (#62 of 184)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
63GF Score
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