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Global Ferronickel HoldingsPHS:FNI +1.04%77 Equity-to-Asset is 0.85 as of Mar. 2026, which is 20% above its 10-year median of 0.71. GuruFocus rates PHS:FNI with a GF Score™ of 77/100 and a GF Value™ of ₱1.74 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,670 Metals & Mining companies, Global Ferronickel Holdings ranks better than 56.78% on this metric.
Global Ferronickel Holdings (PHS:FNI) 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%.
Global Ferronickel Holdings Equity-to-Asset Related Terms
Global Ferronickel Holdings 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.
Global Ferronickel Holdings Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Global Ferronickel 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.
Global Ferronickel Holdings Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Global Ferronickel Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Global Ferronickel Holdings's Equity-to-Asset falls into.
Global Ferronickel Holdings 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.
Global Ferronickel Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Global Ferronickel Holdings (PHS:FNI) has a Equity-to-Asset of 0.85 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Global Ferronickel Holdings and its competitors. This is 20% above median its historical median of 0.71. Over the past decade, Global Ferronickel Holdings' Equity-to-Asset has ranged from 0.60 to 0.85. According to the industry distribution chart, Global Ferronickel Holdings ranks #1154 out of 2670 companies in the Metals & Mining industry, placing it in the top 43.2%.
Is Global Ferronickel Holdings' Equity-to-Asset too high?
Global Ferronickel Holdings' current Equity-to-Asset of 0.85 is 20% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.85. The Metals & Mining industry median Equity-to-Asset is 0.79. Global Ferronickel Holdings' value of 0.85 is 7.6% above this industry median. Based on the distribution chart, Global Ferronickel Holdings ranks #1154 out of 2670 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Global Ferronickel Holdings has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ferronickel Holdings' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Global Ferronickel Holdings ranks #1154 out of 2670 companies for Equity-to-Asset. This puts Global Ferronickel Holdings in the upper half of its industry. The industry median Equity-to-Asset is 0.79. Global Ferronickel Holdings' value of 0.85 is 7.6% above this benchmark. Historically, Global Ferronickel Holdings' own Equity-to-Asset has ranged from 0.60 to 0.85 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.79, Global Ferronickel Holdings 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.79, based on 2,670 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. Global Ferronickel Holdings's current Equity-to-Asset of 0.85 is 7.6% 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 Global Ferronickel Holdings and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Ferronickel Holdings's current Equity-to-Asset is 0.85, which is 20% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ferronickel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Global Ferronickel Holdings (PHS:FNI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱1.74, compared to a current price of ₱1.94 — trading 11.5% above its estimated fair value. The current Equity-to-Asset is 0.85, which is 20% above median its 10-year median of 0.71 and 7.6% above the Metals & Mining industry median of 0.79. Global Ferronickel Holdings' overall GF Score™ is 77/100 with 4 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 Global Ferronickel Holdings (PHS:FNI), the current Equity-to-Asset is 0.85 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 Global Ferronickel Holdings (PHS:FNI) Overvalued in 2026?
Based on GuruFocus' analysis, Global Ferronickel Holdings stock appears to be overvalued.
The current stock price of ₱1.94 is trading 11.5% above its estimated GF Value™ of ₱1.74.
GuruFocus considers Global Ferronickel Holdings to be Modestly Overvalued.
Key valuation signals for PHS:FNI:
Equity-to-Asset: 0.85 (20% above median its 10-year median of 0.71)
GF Value™: ₱1.74 vs. price of ₱1.94 (11.5% above fair value)
Industry Position: 7.6% above the Metals & Mining median (#1154 of 2670)
No single metric tells the full story. See the PHS:FNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Ferronickel Holdings Inc is a nickel producer in the Philippines and a supplier of nickel ore. The company has an extensive portfolio of exploration sites and exploration programs. Its operating segment includes Mining; Manufacturing, and Services. The company generates maximum revenue from the Mining segment. The mining segment is engaged in the mining and exploration of nickel saprolite and limonite ore. Geographically, it operates in the Philippines and Hong Kong.
77GF Score
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