Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
SPAR GroupSGRP -1.43%29 Equity-to-Asset is 0.06 as of Jun. 2026, which is 76% below its 10-year median of 0.25. GuruFocus rates SGRP with a GF Score™ of 29/100 and a GF Value™ of $0.83 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,090 Business Services companies, SPAR Group ranks worse than 94.59% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPAR Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3.2 Mil. SPAR Group's Total Assets for the quarter that ended in Jun. 2026 was $53.0 Mil.
Therefore, SPAR Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.06.
The historical rank and industry rank for SPAR Group's Equity-to-Asset or its related term are showing as below:
SGRP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.25 Max: 0.44
Current: 0.06
During the past 13 years, the highest Equity to Asset Ratio of SPAR Group was 0.44. The lowest was 0.00. And the median was 0.25.
SGRP's Equity-to-Asset is ranked worse than 94.59% of 1090
companies
in the Business Services industry
Industry Median: 0.52
vs SGRP: 0.06
SPAR Group (OTCPK:SGRP) 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%.
SPAR Group Equity-to-Asset Related Terms
SPAR Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SPAR Group'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.
SGRP vs PMEC, LICN, SMX: Equity-to-Asset Comparison
For the Specialty Business Services subindustry, SPAR Group'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.
SPAR Group Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, SPAR Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SPAR Group'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.
SPAR Group'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.
SPAR Group (SGRP) has a Equity-to-Asset of 0.06 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SPAR Group and its competitors. This is 76% below median its historical median of 0.25. According to the industry distribution chart, SPAR Group ranks #1031 out of 1090 companies in the Business Services industry, placing it in the top 94.6%.
Is SPAR Group's Equity-to-Asset too high?
SPAR Group's current Equity-to-Asset of 0.06 is 76% below median its 10-year median of 0.25. The Business Services industry median Equity-to-Asset is 0.52. SPAR Group's value of 0.06 is 88.5% below this industry median. Based on the distribution chart, SPAR Group ranks #1031 out of 1090 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, SPAR Group has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPAR Group's Equity-to-Asset compare to PMEC and LICN?
According to the Business Services industry distribution chart, SPAR Group ranks #1031 out of 1090 companies for Equity-to-Asset. This places SPAR Group in the lower half of its industry. The industry median Equity-to-Asset is 0.52. SPAR Group's value of 0.06 is 88.5% below this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 0.52, SPAR Group 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 Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,090 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. SPAR Group's current Equity-to-Asset of 0.06 is 88.5% 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 SPAR Group and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPAR Group's current Equity-to-Asset is 0.06, which is 76% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPAR Group stock overvalued right now?
Based on GuruFocus' analysis, SPAR Group (SGRP) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.83, compared to a current price of $0.69 — trading 16.9% below its estimated fair value. The current Equity-to-Asset is 0.06, which is 76% below median its 10-year median of 0.25 and 88.5% below the Business Services industry median of 0.52. SPAR Group's overall GF Score™ is 29/100 with 7 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 SPAR Group (SGRP), the current Equity-to-Asset is 0.06 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 SPAR Group (SGRP) Overvalued in 2026?
Based on GuruFocus' analysis, SPAR Group stock appears to be undervalued.
The current stock price of $0.69 is trading 16.9% below its estimated GF Value™ of $0.83.
GuruFocus considers SPAR Group to be Modestly Undervalued.
Key valuation signals for SGRP:
Equity-to-Asset: 0.06 (76% below median its 10-year median of 0.25)
GF Value™: $0.83 vs. price of $0.69 (16.9% below fair value)
Industry Position: 88.5% below the Business Services median (#1031 of 1090)
No single metric tells the full story. See the SGRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPAR Group Inc is a merchandising and brand marketing services company, providing a broad range of sales-enhancing services to retailers across classes of trade and consumer goods manufacturers and distributors. The company provides five principal types of services: Merchandising, Marketing and Category Management, Remodel and Retail Transformation, Assembly and Installation, Fulfilment and Distribution, and Business Analytics and Insights. It operates in two segments, namely the U.S. and Canada, with the majority of the revenues deriving from the U.S. segment.
29GF Score
Get the complete analysis for SGRP
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGRP has been successfully added to your 
