TOYOF (Toyota Motor) Equity-to-Asset: 0.38 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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TOYOF Toyota Motor Corp TOYOF
78 GF Score
Price $17.90
GF Value $22.74
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Equity-to-Asset?

Toyota Motor TOYOF +0.34% 78 Equity-to-Asset is 0.38 as of Mar. 2026, which is at its 10-year median of 0.38. GuruFocus rates TOYOF with a GF Score™ of 78/100 and a GF Value™ of $22.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Toyota Motor ranks worse than 66.37% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toyota Motor's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $251,564 Mil. Toyota Motor's Total Assets for the quarter that ended in Mar. 2026 was $664,990 Mil. Therefore, Toyota Motor's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.38.

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

TOYOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.38   Max: 0.39
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Toyota Motor was 0.39. The lowest was 0.36. And the median was 0.38.

TOYOF's Equity-to-Asset is ranked worse than
66.37% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 0.49 vs TOYOF: 0.38

Toyota Motor  (OTCPK:TOYOF) 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%.


Toyota Motor Equity-to-Asset Related Terms


Toyota Motor Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Toyota Motor'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.

Toyota Motor Equity-to-Asset Chart

Toyota Motor 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 0.39 0.38 0.38 0.38 0.38

Toyota Motor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.38 0.39 0.38 0.38 0.38

TOYOF vs TSLA, GM, F: Equity-to-Asset Comparison

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Toyota Motor's Equity-to-Asset falls into.


TOYOF
78GF Score
Toyota Motor Corp TOYOF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyota Motor 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.

Toyota Motor'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
=251563.995/664989.511
=0.38

Toyota Motor's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=251563.995/664989.511
=0.38

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.38 mean?
Toyota Motor (TOYOF) has a Equity-to-Asset of 0.38 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Toyota Motor and its competitors. This is near median its historical median of 0.38. Over the past decade, Toyota Motor's Equity-to-Asset has ranged from 0.36 to 0.39. According to the industry distribution chart, Toyota Motor ranks #884 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 66.4%.
Is Toyota Motor's Equity-to-Asset too high?
Toyota Motor's current Equity-to-Asset of 0.38 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.39. The Vehicles & Parts industry median Equity-to-Asset is 0.49. Toyota Motor's value of 0.38 is 22.4% below this industry median. Based on the distribution chart, Toyota Motor ranks #884 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Toyota Motor has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Equity-to-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Toyota Motor ranks #884 out of 1332 companies for Equity-to-Asset. This places Toyota Motor in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Toyota Motor's value of 0.38 is 22.4% below this benchmark. Historically, Toyota Motor's own Equity-to-Asset has ranged from 0.36 to 0.39 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.49, Toyota Motor 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,332 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. Toyota Motor's current Equity-to-Asset of 0.38 is 22.4% 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 Toyota Motor and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Motor's current Equity-to-Asset is 0.38, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (TOYOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.74, compared to a current price of $17.90 — trading 21.3% below its estimated fair value. The current Equity-to-Asset is 0.38, which is near median its 10-year median of 0.38 and 22.4% below the Vehicles & Parts industry median of 0.49. Toyota Motor's overall GF Score™ is 78/100 with 3 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 Toyota Motor (TOYOF), the current Equity-to-Asset is 0.38 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 Toyota Motor (TOYOF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of $17.90 is trading 21.3% below its estimated GF Value™ of $22.74. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for TOYOF:

  • Equity-to-Asset: 0.38 (near median its 10-year median of 0.38)
  • GF Value™: $22.74 vs. price of $17.90 (21.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 22.4% below the Vehicles & Parts median (#884 of 1332)

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


Toyota Motor Business Description

Address 1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
78GF Score

Get the complete analysis for TOYOF

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

$17.90
Price
$22.74
GF Value