Max Financial Services (NSE:MFSL) Equity-to-Asset: (As of Jun. 2026)

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NSE:MFSL Max Financial Services Ltd NSE:MFSL
77 GF Score
Price ₹1,559.00
GF Value ₹1,312.09
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Max Financial Services Equity-to-Asset?

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

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

NSE:MFSL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.03
Current: 0.03

During the past 13 years, the highest Equity to Asset Ratio of Max Financial Services was 0.03. The lowest was 0.02. And the median was 0.03.

NSE:MFSL's Equity-to-Asset is ranked worse than
94.02% of 502 companies
in the Insurance industry
Industry Median: 0.26 vs NSE:MFSL: 0.03

Max Financial Services  (NSE:MFSL) 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%.


Max Financial Services Equity-to-Asset Related Terms


Max Financial Services Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Max Financial Services'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.

Max Financial Services Equity-to-Asset Chart

Max Financial Services 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 0.04 0.03 0.03 0.03 0.03

Max Financial Services 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 - 0.03 - 0.03 -

NSE:MFSL vs MET, AFL: Equity-to-Asset Comparison

For the Insurance - Life subindustry, Max Financial Services'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.


Max Financial Services Equity-to-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Max Financial Services's Equity-to-Asset distribution charts can be found below:

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


NSE:MFSL
77GF Score
Max Financial Services Ltd NSE:MFSL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Max Financial Services 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.

Max Financial Services'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
=52817.861/1989355.505
=0.03

Max Financial Services'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 Max Financial Services (NSE:MFSL) Overvalued in 2026?

Based on GuruFocus' analysis, Max Financial Services stock appears to be overvalued. The current stock price of ₹1,559.00 is trading 18.8% above its estimated GF Value™ of ₹1,312.09. GuruFocus considers Max Financial Services to be Modestly Overvalued.

Key valuation signals for NSE:MFSL:

  • Equity-to-Asset:
  • GF Value™: ₹1,312.09 vs. price of ₹1,559.00 (18.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Max Financial Services Business Description

Other Exchanges 500271:India
Address L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It generates majority of revenue from Life Insurance segment.
77GF Score

Get the complete analysis for NSE:MFSL

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

₹1,559.00
Price
₹1,312.09
GF Value