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Universal CementTPE:1104 +0.37%85 Equity-to-Asset is 0.80 as of Jun. 2026, which is 3% above its 10-year median of 0.78. GuruFocus rates TPE:1104 with a GF Score™ of 85/100 and a GF Value™ of NT$28.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 414 Building Materials companies, Universal Cement ranks better than 84.06% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Universal Cement's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$24,641 Mil. Universal Cement's Total Assets for the quarter that ended in Jun. 2026 was NT$31,741 Mil.
Therefore, Universal Cement's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.80.
The historical rank and industry rank for Universal Cement's Equity-to-Asset or its related term are showing as below:
TPE:1104'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74 Med: 0.78 Max: 0.81
Current: 0.78
During the past 13 years, the highest Equity to Asset Ratio of Universal Cement was 0.81. The lowest was 0.74. And the median was 0.78.
TPE:1104's Equity-to-Asset is ranked better than 84.06% of 414
companies
in the Building Materials industry
Industry Median: 0.55
vs TPE:1104: 0.78
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%.
Universal Cement Equity-to-Asset Related Terms
Universal Cement Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Universal Cement'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.
TPE:1104 vs CRH, MLM, VMC: Equity-to-Asset Comparison
For the Building Materials subindustry, Universal Cement'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.
Universal Cement Equity-to-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Universal Cement's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Universal Cement'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.
Universal Cement'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.
Universal Cement (TPE:1104) has a Equity-to-Asset of 0.80 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Universal Cement and its competitors. This is near median its historical median of 0.78. Over the past decade, Universal Cement's Equity-to-Asset has ranged from 0.74 to 0.81. According to the industry distribution chart, Universal Cement ranks #66 out of 414 companies in the Building Materials industry, placing it in the top 15.9%.
Is Universal Cement's Equity-to-Asset too high?
Universal Cement's current Equity-to-Asset of 0.80 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.81. The Building Materials industry median Equity-to-Asset is 0.55. Universal Cement's value of 0.80 is 45.5% above this industry median. Based on the distribution chart, Universal Cement ranks #66 out of 414 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Universal Cement has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Universal Cement's Equity-to-Asset compare to CRH and MLM?
According to the Building Materials industry distribution chart, Universal Cement ranks #66 out of 414 companies for Equity-to-Asset. This places Universal Cement in the top 16% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Universal Cement's value of 0.80 is 45.5% above this benchmark. Historically, Universal Cement's own Equity-to-Asset has ranged from 0.74 to 0.81 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.55, Universal Cement 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 Building Materials company?
The median Equity-to-Asset among Building Materials companies is 0.55, based on 414 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. Universal Cement's current Equity-to-Asset of 0.80 is 45.5% 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 Universal Cement and its competitors. For the Building Materials industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cement's current Equity-to-Asset is 0.80, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cement stock overvalued right now?
Based on GuruFocus' analysis, Universal Cement (TPE:1104) is currently considered Fairly Valued. The stock's GF Value™ is NT$28.69, compared to a current price of NT$26.60 — trading 7.3% below its estimated fair value. The current Equity-to-Asset is 0.80, which is near median its 10-year median of 0.78 and 45.5% above the Building Materials industry median of 0.55. Universal Cement's overall GF Score™ is 85/100 with 2 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 Universal Cement (TPE:1104), the current Equity-to-Asset is 0.80 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 Universal Cement (TPE:1104) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cement stock appears to be undervalued.
The current stock price of NT$26.60 is trading 7.3% below its estimated GF Value™ of NT$28.69.
GuruFocus considers Universal Cement to be Fairly Valued.
Key valuation signals for TPE:1104:
Equity-to-Asset: 0.80 (near median its 10-year median of 0.78)
GF Value™: NT$28.69 vs. price of NT$26.60 (7.3% below fair value)
Industry Position: 45.5% above the Building Materials median (#66 of 414)
No single metric tells the full story. See the TPE:1104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cement Corporation is a Taiwan-based manufacturer and supplier of cement and construction materials. Its core building materials business produces and sells cement, ready-mixed concrete, and gypsum board, serving construction companies, developers, contractors, and industrial customers. The company also operates other segments, including real estate development and leasing of commercial properties, which supplement its construction materials operations. The majority of revenue comes from the building materials segment, with Taiwan as the principal market, though the company also serves customers in mainland China and other regional markets. Revenue is generated primarily through the sale of cement and concrete products, supported by property leasing and development income. Universal Cement is listed on the Taiwan Stock Exchange and maintains production facilities and distribution networks across Taiwan to supply both public infrastructure projects and private construction demand.
85GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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