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Mayer Steel PipeTPE:2020 +0.23%79 Equity-to-Asset is 0.45 as of Jun. 2026, which is 8% below its 10-year median of 0.49. GuruFocus rates TPE:2020 with a GF Score™ of 79/100 and a GF Value™ of NT$21.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 631 Steel companies, Mayer Steel Pipe ranks worse than 63.39% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mayer Steel Pipe's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$4,257 Mil. Mayer Steel Pipe's Total Assets for the quarter that ended in Jun. 2026 was NT$9,389 Mil.
Therefore, Mayer Steel Pipe's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.45.
The historical rank and industry rank for Mayer Steel Pipe's Equity-to-Asset or its related term are showing as below:
TPE:2020'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.49 Max: 0.55
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of Mayer Steel Pipe was 0.55. The lowest was 0.42. And the median was 0.49.
TPE:2020's Equity-to-Asset is ranked worse than 63.39% of 631
companies
in the Steel industry
Industry Median: 0.54
vs TPE:2020: 0.45
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%.
Mayer Steel Pipe Equity-to-Asset Related Terms
Mayer Steel Pipe Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe'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:2020 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Mayer Steel Pipe'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.
Mayer Steel Pipe Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe'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.
Mayer Steel Pipe'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.
Mayer Steel Pipe (TPE:2020) has a Equity-to-Asset of 0.45 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mayer Steel Pipe and its competitors. This is near median its historical median of 0.49. Over the past decade, Mayer Steel Pipe's Equity-to-Asset has ranged from 0.42 to 0.55. According to the industry distribution chart, Mayer Steel Pipe ranks #400 out of 631 companies in the Steel industry, placing it in the top 63.4%.
Is Mayer Steel Pipe's Equity-to-Asset too high?
Mayer Steel Pipe's current Equity-to-Asset of 0.45 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.55. The Steel industry median Equity-to-Asset is 0.54. Mayer Steel Pipe's value of 0.45 is 16.7% below this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #400 out of 631 companies in the Steel industry, which is below the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #400 out of 631 companies for Equity-to-Asset. This places Mayer Steel Pipe in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Mayer Steel Pipe's value of 0.45 is 16.7% below this benchmark. Historically, Mayer Steel Pipe's own Equity-to-Asset has ranged from 0.42 to 0.55 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.54, Mayer Steel Pipe 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 631 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. Mayer Steel Pipe's current Equity-to-Asset of 0.45 is 16.7% 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 Mayer Steel Pipe 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. Mayer Steel Pipe's current Equity-to-Asset is 0.45, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.61, compared to a current price of NT$21.85 — trading 1.1% above its estimated fair value. The current Equity-to-Asset is 0.45, which is near median its 10-year median of 0.49 and 16.7% below the Steel industry median of 0.54. Mayer Steel Pipe's overall GF Score™ is 79/100 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 Mayer Steel Pipe (TPE:2020), the current Equity-to-Asset is 0.45 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.85 is trading 1.1% above its estimated GF Value™ of NT$21.61.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
Equity-to-Asset: 0.45 (near median its 10-year median of 0.49)
GF Value™: NT$21.61 vs. price of NT$21.85 (1.1% above fair value)
Industry Position: 16.7% below the Steel median (#400 of 631)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
79GF 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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