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Construction PartnersROAD +0.73%93 Equity-to-Asset is 0.29 as of Mar. 2026, which is 38% below its 10-year median of 0.47. GuruFocus rates ROAD with a GF Score™ of 93/100 and a GF Value™ of $122.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,783 Construction companies, Construction Partners ranks worse than 74.76% on this metric.
The historical rank and industry rank for Construction Partners's Equity-to-Asset or its related term are showing as below:
ROAD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.47 Max: 0.67
Current: 0.29
During the past 10 years, the highest Equity to Asset Ratio of Construction Partners was 0.67. The lowest was 0.28. And the median was 0.47.
ROAD's Equity-to-Asset is ranked worse than 74.76% of 1783
companies
in the Construction industry
Industry Median: 0.45
vs ROAD: 0.29
Construction Partners (NAS:ROAD) 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%.
Construction Partners Equity-to-Asset Related Terms
Construction Partners Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Construction Partners'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.
ROAD vs GVA, ACA, MYRG: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, Construction Partners'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.
Construction Partners Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Construction Partners's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Construction Partners'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.
Construction Partners's Equity to Asset Ratio for the fiscal year that ended in Sep. 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.
Construction Partners (ROAD) has a Equity-to-Asset of 0.29 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Construction Partners and its competitors. This is 38% below median its historical median of 0.47. Over the past decade, Construction Partners' Equity-to-Asset has ranged from 0.28 to 0.67. According to the industry distribution chart, Construction Partners ranks #1333 out of 1783 companies in the Construction industry, placing it in the top 74.8%.
Is Construction Partners' Equity-to-Asset too high?
Construction Partners' current Equity-to-Asset of 0.29 is 38% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.67. The Construction industry median Equity-to-Asset is 0.45. Construction Partners' value of 0.29 is 35.6% below this industry median. Based on the distribution chart, Construction Partners ranks #1333 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Construction Partners has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Construction Partners' Equity-to-Asset compare to GVA and ACA?
According to the Construction industry distribution chart, Construction Partners ranks #1333 out of 1783 companies for Equity-to-Asset. This places Construction Partners in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Construction Partners' value of 0.29 is 35.6% below this benchmark. Historically, Construction Partners' own Equity-to-Asset has ranged from 0.28 to 0.67 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.45, Construction Partners 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,783 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. Construction Partners's current Equity-to-Asset of 0.29 is 35.6% 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 Construction Partners and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construction Partners's current Equity-to-Asset is 0.29, which is 38% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction Partners stock overvalued right now?
Based on GuruFocus' analysis, Construction Partners (ROAD) is currently considered Modestly Undervalued. The stock's GF Value™ is $122.41, compared to a current price of $103.83 — trading 15.2% below its estimated fair value. The current Equity-to-Asset is 0.29, which is 38% below median its 10-year median of 0.47 and 35.6% below the Construction industry median of 0.45. Construction Partners' overall GF Score™ is 93/100 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 Construction Partners (ROAD), the current Equity-to-Asset is 0.29 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 Construction Partners (ROAD) Overvalued in 2026?
Based on GuruFocus' analysis, Construction Partners stock appears to be undervalued.
The current stock price of $103.83 is trading 15.2% below its estimated GF Value™ of $122.41.
GuruFocus considers Construction Partners to be Modestly Undervalued.
Key valuation signals for ROAD:
Equity-to-Asset: 0.29 (38% below median its 10-year median of 0.47)
GF Value™: $122.41 vs. price of $103.83 (15.2% below fair value)
Industry Position: 35.6% below the Construction median (#1333 of 1783)
No single metric tells the full story. See the ROAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
93GF Score
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