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Diversified RoyaltyTSX:DIV 82 Equity-to-Asset is 0.28 as of Jun. 2026, which is 46% below its 10-year median of 0.52. GuruFocus rates TSX:DIV with a GF Score™ of 82/100 and a GF Value™ of C$3.68 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,095 Business Services companies, Diversified Royalty ranks worse than 80.82% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Diversified Royalty's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$301.07 Mil. Diversified Royalty's Total Assets for the quarter that ended in Jun. 2026 was C$1,075.33 Mil.
Therefore, Diversified Royalty's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.28.
The historical rank and industry rank for Diversified Royalty's Equity-to-Asset or its related term are showing as below:
TSX:DIV'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.52 Max: 0.83
Current: 0.28
During the past 13 years, the highest Equity to Asset Ratio of Diversified Royalty was 0.83. The lowest was 0.28. And the median was 0.52.
TSX:DIV's Equity-to-Asset is ranked worse than 80.82% of 1095
companies
in the Business Services industry
Industry Median: 0.52
vs TSX:DIV: 0.28
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%.
Diversified Royalty Equity-to-Asset Related Terms
Diversified Royalty Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Diversified Royalty'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.
TSX:DIV vs CTAS, CPRT, GPN: Equity-to-Asset Comparison
For the Specialty Business Services subindustry, Diversified Royalty'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.
Diversified Royalty Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Diversified Royalty's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Diversified Royalty'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.
Diversified Royalty'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.
Diversified Royalty (TSX:DIV) has a Equity-to-Asset of 0.28 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Diversified Royalty and its competitors. This is 46% below median its historical median of 0.52. Over the past decade, Diversified Royalty's Equity-to-Asset has ranged from 0.28 to 0.83. According to the industry distribution chart, Diversified Royalty ranks #885 out of 1095 companies in the Business Services industry, placing it in the top 80.8%.
Is Diversified Royalty's Equity-to-Asset too high?
Diversified Royalty's current Equity-to-Asset of 0.28 is 46% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.83. The Business Services industry median Equity-to-Asset is 0.52. Diversified Royalty's value of 0.28 is 46.2% below this industry median. Based on the distribution chart, Diversified Royalty ranks #885 out of 1095 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Diversified Royalty has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's Equity-to-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Diversified Royalty ranks #885 out of 1095 companies for Equity-to-Asset. This places Diversified Royalty in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Diversified Royalty's value of 0.28 is 46.2% below this benchmark. Historically, Diversified Royalty's own Equity-to-Asset has ranged from 0.28 to 0.83 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.52, Diversified Royalty 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 1,095 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. Diversified Royalty's current Equity-to-Asset of 0.28 is 46.2% 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 Diversified Royalty 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. Diversified Royalty's current Equity-to-Asset is 0.28, which is 46% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (TSX:DIV) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.68, compared to a current price of C$4.11 — trading 11.7% above its estimated fair value. The current Equity-to-Asset is 0.28, which is 46% below median its 10-year median of 0.52 and 46.2% below the Business Services industry median of 0.52. Diversified Royalty's overall GF Score™ is 82/100 with 8 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 Diversified Royalty (TSX:DIV), the current Equity-to-Asset is 0.28 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 Diversified Royalty (TSX:DIV) Overvalued in 2026?
Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued.
The current stock price of C$4.11 is trading 11.7% above its estimated GF Value™ of C$3.68.
GuruFocus considers Diversified Royalty to be Modestly Overvalued.
Key valuation signals for TSX:DIV:
Equity-to-Asset: 0.28 (46% below median its 10-year median of 0.52)
GF Value™: C$3.68 vs. price of C$4.11 (11.7% above fair value)
Industry Position: 46.2% below the Business Services median (#885 of 1095)
No single metric tells the full story. See the TSX:DIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
82GF Score
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