Mastek (NSE:MASTEK) Equity-to-Asset: (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MASTEK Mastek Ltd NSE:MASTEK
85 GF Score
Price ₹1,589.20
GF Value ₹2,855.89
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mastek Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mastek's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil. Mastek's Total Assets for the quarter that ended in Jun. 2026 was ₹ Mil.

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

NSE:MASTEK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.62   Max: 0.77
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Mastek was 0.77. The lowest was 0.34. And the median was 0.62.

NSE:MASTEK's Equity-to-Asset is ranked better than
70.35% of 2894 companies
in the Software industry
Industry Median: 0.55 vs NSE:MASTEK: 0.69

Mastek  (NSE:MASTEK) 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%.


Mastek Equity-to-Asset Related Terms


Mastek Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mastek'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.

Mastek Equity-to-Asset Chart

Mastek Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.57 0.57 0.65 0.69

Mastek Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 - 0.66 - 0.69 -

NSE:MASTEK vs IBM, ACN, CTSH: Equity-to-Asset Comparison

For the Information Technology Services subindustry, Mastek'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.


Mastek Equity-to-Asset vs Software Industry

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

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


NSE:MASTEK
85GF Score
Mastek Ltd NSE:MASTEK
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mastek 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.

Mastek's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=29918.5/43088.3
=0.69

Mastek's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=/
=

* 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.

Is Mastek (NSE:MASTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Mastek stock appears to be undervalued. The current stock price of ₹1,589.20 is trading 44.4% below its estimated GF Value™ of ₹2,855.89. GuruFocus considers Mastek to be Significantly Undervalued.

Key valuation signals for NSE:MASTEK:

  • Equity-to-Asset:
  • GF Value™: ₹2,855.89 vs. price of ₹1,589.20 (44.4% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Mastek Business Description

Other Exchanges 523704:India
Address No 106, SDF IV, Seepz, Andheri (East), Mumbai, MH, IND, 400 096
Mastek Ltd is an Indian information technology services company that provides enterprise technology solutions to clients in the government, healthcare, financial services, retail, and manufacturing sectors. Its offerings include digital transformation consulting, application development and maintenance, legacy modernization, cloud migration, data and business intelligence, testing, and managed services, with particular expertise in Oracle Cloud and Oracle ERP Cloud implementations. The company also develops proprietary products and platforms, including its Majesco insurance software business, which it later spun off. Mastek serves customers primarily in the United Kingdom, which generates the largest share of revenue, followed by North America, the Middle East, and other regions including India. Revenue is earned mainly through time-and-materials and fixed-price project contracts, as well as annuity-based application management and support engagements. The company operates through subsidiaries and delivery centers in India and other locations.
85GF Score

Get the complete analysis for NSE:MASTEK

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

₹1,589.20
Price
₹2,855.89
GF Value