Andes Technology (TPE:6533) Equity-to-Asset: 0.71 (As of Jun. 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6533 Andes Technology Corp TPE:6533
81 GF Score
Price NT$224.50
GF Value NT$478.51
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Andes Technology Equity-to-Asset?

Andes Technology TPE:6533 -3.23% 81 Equity-to-Asset is 0.71 as of Jun. 2026, which is 22% below its 10-year median of 0.91. GuruFocus rates TPE:6533 with a GF Score™ of 81/100 and a GF Value™ of NT$478.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,038 Semiconductors companies, Andes Technology ranks better than 62.91% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Andes Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$4,284 Mil. Andes Technology's Total Assets for the quarter that ended in Jun. 2026 was NT$6,058 Mil. Therefore, Andes Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.71.

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

TPE:6533' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.91   Max: 0.98
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Andes Technology was 0.98. The lowest was 0.71. And the median was 0.91.

TPE:6533's Equity-to-Asset is ranked better than
62.91% of 1038 companies
in the Semiconductors industry
Industry Median: 0.62 vs TPE:6533: 0.71

Andes Technology  (TPE:6533) 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%.


Andes Technology Equity-to-Asset Related Terms


Andes Technology Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Andes Technology'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.

Andes Technology Equity-to-Asset Chart

Andes Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.92 0.90 0.91 0.71

Andes Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.85 0.72 0.71 0.71 0.71

TPE:6533 vs LRCX, AMAT, KLAC: Equity-to-Asset Comparison

For the Semiconductor Equipment & Materials subindustry, Andes Technology'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.


Andes Technology Equity-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Andes Technology's Equity-to-Asset distribution charts can be found below:

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


TPE:6533
81GF Score
Andes Technology Corp TPE:6533
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andes Technology 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.

Andes Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=4514.834/6393.043
=0.71

Andes Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=4284.338/6058.454
=0.71

* 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 0.71 mean?
Andes Technology (TPE:6533) has a Equity-to-Asset of 0.71 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Andes Technology and its competitors. This is 22% below median its historical median of 0.91. Over the past decade, Andes Technology's Equity-to-Asset has ranged from 0.71 to 0.98. According to the industry distribution chart, Andes Technology ranks #385 out of 1038 companies in the Semiconductors industry, placing it in the top 37.1%.
Is Andes Technology's Equity-to-Asset too high?
Andes Technology's current Equity-to-Asset of 0.71 is 22% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 0.98. The Semiconductors industry median Equity-to-Asset is 0.62. Andes Technology's value of 0.71 is 14.5% above this industry median. Based on the distribution chart, Andes Technology ranks #385 out of 1038 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Andes Technology has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andes Technology's Equity-to-Asset compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Andes Technology ranks #385 out of 1038 companies for Equity-to-Asset. This puts Andes Technology in the upper half of its industry. The industry median Equity-to-Asset is 0.62. Andes Technology's value of 0.71 is 14.5% above this benchmark. Historically, Andes Technology's own Equity-to-Asset has ranged from 0.71 to 0.98 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.62, Andes Technology 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 Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.62, based on 1,038 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. Andes Technology's current Equity-to-Asset of 0.71 is 14.5% 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 Andes Technology and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andes Technology's current Equity-to-Asset is 0.71, which is 22% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Technology stock overvalued right now?
Based on GuruFocus' analysis, Andes Technology (TPE:6533) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$478.51, compared to a current price of NT$224.50 — trading 53.1% below its estimated fair value. The current Equity-to-Asset is 0.71, which is 22% below median its 10-year median of 0.91 and 14.5% above the Semiconductors industry median of 0.62. Andes Technology's overall GF Score™ is 81/100 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 Andes Technology (TPE:6533), the current Equity-to-Asset is 0.71 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 Andes Technology (TPE:6533) Overvalued in 2026?

Based on GuruFocus' analysis, Andes Technology stock appears to be undervalued. The current stock price of NT$224.50 is trading 53.1% below its estimated GF Value™ of NT$478.51. GuruFocus considers Andes Technology to be Significantly Undervalued.

Key valuation signals for TPE:6533:

  • Equity-to-Asset: 0.71 (22% below median its 10-year median of 0.91)
  • GF Value™: NT$478.51 vs. price of NT$224.50 (53.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 14.5% above the Semiconductors median (#385 of 1038)

No single metric tells the full story. See the TPE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Andes Technology Business Description

Address A1-4, 3rd Floor, No.1, Li-Hsin First Road, Hsinchu Science Park, Hsinchu, TWN, 300
Andes Technology Corp is specialized in the R&D, designing, manufacturing and marketing of embedded processor intellectual property (IP), related hardware/software developing platform and toolchains. Its intellectual property line-up, which mainly consists of 32/64-bit RISC-V processors, also includes a series of software and hardware technologies and products, categorized into AndeStar, AndesCore, AndeShape, AndeSight, AndeSoft, and AndesAIRE. It operates in single segment and derives revenue from designing and selling CPU IP. Geographically, it operates in Taiwan, United States, Mainland China, Other.
81GF Score

Get the complete analysis for TPE:6533

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

NT$224.50
Price
NT$478.51
GF Value