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Caster CoTSE:9331 -1.94%22 Equity-to-Asset is 0.37 as of Feb. 2026, which is 18% below its 10-year median of 0.45. GuruFocus rates TSE:9331 with a GF Score™ of 22/100 and a GF Value™ of 円1,066.52 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,091 Business Services companies, Caster Co ranks worse than 73.69% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Caster Co's Total Stockholders Equity for the quarter that ended in Feb. 2026 was 円687 Mil. Caster Co's Total Assets for the quarter that ended in Feb. 2026 was 円1,881 Mil.
Therefore, Caster Co's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.37.
The historical rank and industry rank for Caster Co's Equity-to-Asset or its related term are showing as below:
TSE:9331'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.45 Max: 0.66
Current: 0.34
During the past 5 years, the highest Equity to Asset Ratio of Caster Co was 0.66. The lowest was 0.26. And the median was 0.45.
TSE:9331's Equity-to-Asset is ranked worse than 73.69% of 1091
companies
in the Business Services industry
Industry Median: 0.52
vs TSE:9331: 0.34
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%.
Caster Co Equity-to-Asset Related Terms
Caster Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Caster 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:9331 vs RHI, KFY, TNET: Equity-to-Asset Comparison
For the Staffing & Employment Services subindustry, Caster 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.
Caster Co Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Caster Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Caster 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.
Caster Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 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.
Caster Co (TSE:9331) has a Equity-to-Asset of 0.37 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Caster Co and its competitors. This is 18% below median its historical median of 0.45. Over the past decade, Caster Co's Equity-to-Asset has ranged from 0.26 to 0.66. According to the industry distribution chart, Caster Co ranks #804 out of 1091 companies in the Business Services industry, placing it in the top 73.7%.
Is Caster Co's Equity-to-Asset too high?
Caster Co's current Equity-to-Asset of 0.37 is 18% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.66. The Business Services industry median Equity-to-Asset is 0.52. Caster Co's value of 0.37 is 28.8% below this industry median. Based on the distribution chart, Caster Co ranks #804 out of 1091 companies in the Business Services industry, which is below the industry midpoint. Overall, Caster Co has a GF Score™ of 22/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Caster Co's Equity-to-Asset compare to RHI and KFY?
According to the Business Services industry distribution chart, Caster Co ranks #804 out of 1091 companies for Equity-to-Asset. This places Caster Co in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Caster Co's value of 0.37 is 28.8% below this benchmark. Historically, Caster Co's own Equity-to-Asset has ranged from 0.26 to 0.66 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.52, Caster Co 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 Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,091 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. Caster Co's current Equity-to-Asset of 0.37 is 28.8% 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 Caster Co and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caster Co's current Equity-to-Asset is 0.37, which is 18% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caster Co stock overvalued right now?
Based on GuruFocus' analysis, Caster Co (TSE:9331) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,066.52, compared to a current price of 円707.00 — trading 33.7% below its estimated fair value. The current Equity-to-Asset is 0.37, which is 18% below median its 10-year median of 0.45 and 28.8% below the Business Services industry median of 0.52. Caster Co's overall GF Score™ is 22/100 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 Caster Co (TSE:9331), the current Equity-to-Asset is 0.37 as of Feb. 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 Caster Co (TSE:9331) Overvalued in 2026?
Based on GuruFocus' analysis, Caster Co stock appears to be undervalued.
The current stock price of 円707.00 is trading 33.7% below its estimated GF Value™ of 円1,066.52.
GuruFocus considers Caster Co to be Possible Value Trap.
Key valuation signals for TSE:9331:
Equity-to-Asset: 0.37 (18% below median its 10-year median of 0.45)
GF Value™: 円1,066.52 vs. price of 円707.00 (33.7% below fair value)
Industry Position: 28.8% below the Business Services median (#804 of 1091)
No single metric tells the full story. See the TSE:9331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caster Co Ltd is engaged in business operations and operates two businesses: the BPaaS Business, which utilizes the resources of remote workers to act on behalf of and support companies' back-office operations, and the Other Business, which provides staffing and placement services, develops and provides business efficiency tools for e-commerce companies, and develops and operates products and services using generative AI.
22GF Score
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