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Powertech Industrial Co (TPE:3296) 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%.
Powertech Industrial Co Equity-to-Asset Related Terms
Powertech Industrial Co 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.
For the Consumer Electronics subindustry, Powertech Industrial Co'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.
Powertech Industrial Co Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Powertech Industrial Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Powertech Industrial Co's Equity-to-Asset falls into.
Powertech Industrial Co 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.
Powertech Industrial Co'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.
Powertech Industrial Co (TPE:3296) has a Equity-to-Asset of 0.57 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Powertech Industrial Co and its competitors. This is near median its historical median of 0.58. Over the past decade, Powertech Industrial Co's Equity-to-Asset has ranged from 0.47 to 0.72. According to the industry distribution chart, Powertech Industrial Co ranks #1194 out of 2493 companies in the Hardware industry, placing it in the top 47.9%.
Is Powertech Industrial Co's Equity-to-Asset too high?
Powertech Industrial Co's current Equity-to-Asset of 0.57 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.72. The Hardware industry median Equity-to-Asset is 0.56. Powertech Industrial Co's value of 0.57 is 1.8% above this industry median. Based on the distribution chart, Powertech Industrial Co ranks #1194 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Powertech Industrial Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Powertech Industrial Co's Equity-to-Asset compare to AAPL?
According to the Hardware industry distribution chart, Powertech Industrial Co ranks #1194 out of 2493 companies for Equity-to-Asset. This puts Powertech Industrial Co in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Powertech Industrial Co's value of 0.57 is 1.8% above this benchmark. Historically, Powertech Industrial Co's own Equity-to-Asset has ranged from 0.47 to 0.72 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.56, Powertech Industrial Co 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,493 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. Powertech Industrial Co's current Equity-to-Asset of 0.57 is 1.8% 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 Powertech Industrial Co and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powertech Industrial Co's current Equity-to-Asset is 0.57, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertech Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Powertech Industrial Co (TPE:3296) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.45, compared to a current price of NT$24.25 — trading 8% above its estimated fair value. The current Equity-to-Asset is 0.57, which is near median its 10-year median of 0.58 and 1.8% above the Hardware industry median of 0.56. Powertech Industrial Co's overall GF Score™ is 72/100 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 Powertech Industrial Co (TPE:3296), the current Equity-to-Asset is 0.57 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 Powertech Industrial Co (TPE:3296) Overvalued in 2026?
Based on GuruFocus' analysis, Powertech Industrial Co stock appears to be overvalued.
The current stock price of NT$24.25 is trading 8% above its estimated GF Value™ of NT$22.45.
GuruFocus considers Powertech Industrial Co to be Fairly Valued.
Key valuation signals for TPE:3296:
Equity-to-Asset: 0.57 (near median its 10-year median of 0.58)
GF Value™: NT$22.45 vs. price of NT$24.25 (8% above fair value)
Industry Position: 1.8% above the Hardware median (#1194 of 2493)
No single metric tells the full story. See the TPE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Powertech Industrial Co Ltd is engaged in the manufacturing of electronic circuit power protection devices, smart home wireless remote control devices, wired and wireless communication equipment, and electronic modules and parts, and in international trade. Geographically, the company operates in United States; Asia; and Europe, of which it generates maximum revenue from United States. The Operating segments are: Operating Center and Manufacturing center. The operating center mainly includes the research and development unit, business unit, and other management units of the Company. The manufacturing center mainly includes the production unit, production-related supporting unit, and Mainland China domestic unit, and Vietnam factory.
72GF Score
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