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Zero CoTSE:9028 +0.90%88 Equity-to-Asset is 0.62 as of Jun. 2026, which is 9% above its 10-year median of 0.57. GuruFocus rates TSE:9028 with a GF Score™ of 88/100 and a GF Value™ of 円2,811.60 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,335 Vehicles & Parts companies, Zero Co ranks better than 72.36% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zero Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was 円48,093 Mil. Zero Co's Total Assets for the quarter that ended in Jun. 2026 was 円77,184 Mil.
Therefore, Zero Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.62.
The historical rank and industry rank for Zero Co's Equity-to-Asset or its related term are showing as below:
TSE:9028'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.57 Max: 0.62
Current: 0.62
During the past 13 years, the highest Equity to Asset Ratio of Zero Co was 0.62. The lowest was 0.53. And the median was 0.57.
TSE:9028's Equity-to-Asset is ranked better than 72.36% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 0.48
vs TSE:9028: 0.62
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%.
Zero Co Equity-to-Asset Related Terms
Zero Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Zero Co'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.
TSE:9028 vs CVNA, PAG, ALTB: Equity-to-Asset Comparison
For the Auto & Truck Dealerships subindustry, Zero 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.
Zero Co Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zero Co'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.
Zero Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 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.
Zero Co (TSE:9028) has a Equity-to-Asset of 0.62 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zero Co and its competitors. This is near median its historical median of 0.57. Over the past decade, Zero Co's Equity-to-Asset has ranged from 0.53 to 0.62. According to the industry distribution chart, Zero Co ranks #369 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 27.6%.
Is Zero Co's Equity-to-Asset too high?
Zero Co's current Equity-to-Asset of 0.62 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.62. The Vehicles & Parts industry median Equity-to-Asset is 0.48. Zero Co's value of 0.62 is 29.2% above this industry median. Based on the distribution chart, Zero Co ranks #369 out of 1335 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zero Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Equity-to-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zero Co ranks #369 out of 1335 companies for Equity-to-Asset. This puts Zero Co in the upper half of its industry. The industry median Equity-to-Asset is 0.48. Zero Co's value of 0.62 is 29.2% above this benchmark. Historically, Zero Co's own Equity-to-Asset has ranged from 0.53 to 0.62 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.48, Zero 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.48, based on 1,335 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. Zero Co's current Equity-to-Asset of 0.62 is 29.2% 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co's current Equity-to-Asset is 0.62, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,811.60, compared to a current price of 円3,360.00 — trading 19.5% above its estimated fair value. The current Equity-to-Asset is 0.62, which is near median its 10-year median of 0.57 and 29.2% above the Vehicles & Parts industry median of 0.48. Zero Co's overall GF Score™ is 88/100 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 Zero Co (TSE:9028), the current Equity-to-Asset is 0.62 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 Zero Co (TSE:9028) Overvalued in 2026?
Based on GuruFocus' analysis, Zero Co stock appears to be overvalued.
The current stock price of 円3,360.00 is trading 19.5% above its estimated GF Value™ of 円2,811.60.
GuruFocus considers Zero Co to be Modestly Overvalued.
Key valuation signals for TSE:9028:
Equity-to-Asset: 0.62 (near median its 10-year median of 0.57)
GF Value™: 円2,811.60 vs. price of 円3,360.00 (19.5% above fair value)
Industry Position: 29.2% above the Vehicles & Parts median (#369 of 1335)
No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
88GF Score
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