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Tung Ho Steel Enterprise (TPE:2006) 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%.
Tung Ho Steel Enterprise Equity-to-Asset Related Terms
Tung Ho Steel Enterprise 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.
TPE:2006 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Tung Ho Steel Enterprise'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.
Tung Ho Steel Enterprise Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tung Ho Steel Enterprise's Equity-to-Asset falls into.
Tung Ho Steel Enterprise 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.
Tung Ho Steel Enterprise'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.
Tung Ho Steel Enterprise (TPE:2006) has a Equity-to-Asset of 0.64 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tung Ho Steel Enterprise and its competitors. This is 16% above median its historical median of 0.55. Over the past decade, Tung Ho Steel Enterprise's Equity-to-Asset has ranged from 0.47 to 0.66. According to the industry distribution chart, Tung Ho Steel Enterprise ranks #211 out of 632 companies in the Steel industry, placing it in the top 33.4%.
Is Tung Ho Steel Enterprise's Equity-to-Asset too high?
Tung Ho Steel Enterprise's current Equity-to-Asset of 0.64 is 16% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.66. The Steel industry median Equity-to-Asset is 0.54. Tung Ho Steel Enterprise's value of 0.64 is 18.5% above this industry median. Based on the distribution chart, Tung Ho Steel Enterprise ranks #211 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Tung Ho Steel Enterprise has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tung Ho Steel Enterprise's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Ho Steel Enterprise ranks #211 out of 632 companies for Equity-to-Asset. This puts Tung Ho Steel Enterprise in the upper half of its industry. The industry median Equity-to-Asset is 0.54. Tung Ho Steel Enterprise's value of 0.64 is 18.5% above this benchmark. Historically, Tung Ho Steel Enterprise's own Equity-to-Asset has ranged from 0.47 to 0.66 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.54, Tung Ho Steel Enterprise 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 632 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. Tung Ho Steel Enterprise's current Equity-to-Asset of 0.64 is 18.5% 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 Tung Ho Steel Enterprise and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Ho Steel Enterprise's current Equity-to-Asset is 0.64, which is 16% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Ho Steel Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise (TPE:2006) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$67.31, compared to a current price of NT$82.10 — trading 22% above its estimated fair value. The current Equity-to-Asset is 0.64, which is 16% above median its 10-year median of 0.55 and 18.5% above the Steel industry median of 0.54. Tung Ho Steel Enterprise's overall GF Score™ is 79/100 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 Tung Ho Steel Enterprise (TPE:2006), the current Equity-to-Asset is 0.64 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 Tung Ho Steel Enterprise (TPE:2006) Overvalued in 2026?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise stock appears to be overvalued.
The current stock price of NT$82.10 is trading 22% above its estimated GF Value™ of NT$67.31.
GuruFocus considers Tung Ho Steel Enterprise to be Modestly Overvalued.
Key valuation signals for TPE:2006:
Equity-to-Asset: 0.64 (16% above median its 10-year median of 0.55)
GF Value™: NT$67.31 vs. price of NT$82.10 (22% above fair value)
Industry Position: 18.5% above the Steel median (#211 of 632)
No single metric tells the full story. See the TPE:2006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tung Ho Steel Enterprise Corp manufactures and sells Re-Bar, section, and plate. It processes, and sells reinforcing bars, flat iron, angle iron, wire rod, and other steel products; manufactures, processes, and sells structural steel, alloy steel, tool steel, high carbon steel, and other special steels; ship dismantling; used ship sales. Its segments include Steel segment including the Taipei headquarters, Taoyuan processing center, Taoyuan plant, Taichung port logistics center, Miaoli Plant, Kaohsiung plant and THSVC, engaged in the manufacture and sale of steel products; and Steel Structure segment including Tung Kang Steel Structure Corp, Tung Kang Engineering & Construction Corp, engaged in steel structure processing, steel structure engineering and civil construction engineering.
79GF Score
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