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Steel & Tube HoldingsNZSE:STU -1.75%38 Equity-to-Asset is 0.32 as of Jun. 2026, which is 38% below its 10-year median of 0.52. GuruFocus rates NZSE:STU with a GF Score™ of 38/100 and a GF Value™ of NZ$0.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 632 Steel companies, Steel & Tube Holdings ranks worse than 79.27% on this metric.
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%.
Steel & Tube Holdings Equity-to-Asset Related Terms
Steel & Tube Holdings Equity-to-Asset Historical Data
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The historical data trend for Steel & Tube Holdings'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.
NZSE:STU vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Steel & Tube Holdings'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.
Steel & Tube Holdings Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Steel & Tube Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Steel & Tube Holdings's Equity-to-Asset falls into.
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.
Steel & Tube Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Steel & Tube Holdings (NZSE:STU) has a Equity-to-Asset of 0.32 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Steel & Tube Holdings and its competitors. This is 38% below median its historical median of 0.52. Over the past decade, Steel & Tube Holdings' Equity-to-Asset has ranged from 0.34 to 0.78. According to the industry distribution chart, Steel & Tube Holdings ranks #501 out of 632 companies in the Steel industry, placing it in the top 79.3%.
Is Steel & Tube Holdings' Equity-to-Asset too high?
Steel & Tube Holdings' current Equity-to-Asset of 0.32 is 38% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.78. The Steel industry median Equity-to-Asset is 0.54. Steel & Tube Holdings' value of 0.32 is 40.7% below this industry median. Based on the distribution chart, Steel & Tube Holdings ranks #501 out of 632 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Steel & Tube Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steel & Tube Holdings' Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Steel & Tube Holdings ranks #501 out of 632 companies for Equity-to-Asset. This places Steel & Tube Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Steel & Tube Holdings' value of 0.32 is 40.7% below this benchmark. Historically, Steel & Tube Holdings' own Equity-to-Asset has ranged from 0.34 to 0.78 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.54, Steel & Tube Holdings has consistently been below 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 632 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. Steel & Tube Holdings's current Equity-to-Asset of 0.32 is 40.7% below 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 Steel & Tube Holdings and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel & Tube Holdings's current Equity-to-Asset is 0.32, which is 38% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel & Tube Holdings stock overvalued right now?
Based on GuruFocus' analysis, Steel & Tube Holdings (NZSE:STU) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.73, compared to a current price of NZ$0.28 — trading 61.6% below its estimated fair value. The current Equity-to-Asset is 0.32, which is 38% below median its 10-year median of 0.52 and 40.7% below the Steel industry median of 0.54. Steel & Tube Holdings' overall GF Score™ is 38/100 with 5 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 Steel & Tube Holdings (NZSE:STU), the current Equity-to-Asset is 0.32 as of Jun. 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 Steel & Tube Holdings (NZSE:STU) Overvalued in 2026?
Based on GuruFocus' analysis, Steel & Tube Holdings stock appears to be undervalued.
The current stock price of NZ$0.28 is trading 61.6% below its estimated GF Value™ of NZ$0.73.
GuruFocus considers Steel & Tube Holdings to be Possible Value Trap.
Key valuation signals for NZSE:STU:
Equity-to-Asset: 0.32 (38% below median its 10-year median of 0.52)
GF Value™: NZ$0.73 vs. price of NZ$0.28 (61.6% below fair value)
Industry Position: 40.7% below the Steel median (#501 of 632)
No single metric tells the full story. See the NZSE:STU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.
38GF Score
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