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Audax RenovablesXMAD:ADX -0.50%76 Equity-to-Asset is 0.16 as of Dec. 2025, which is 23% above its 10-year median of 0.13. GuruFocus rates XMAD:ADX with a GF Score™ of 76/100 and a GF Value™ of €1.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, Audax Renovables ranks worse than 88.4% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Audax Renovables's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €211 Mil. Audax Renovables's Total Assets for the quarter that ended in Dec. 2025 was €1,360 Mil.
Therefore, Audax Renovables's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.16.
The historical rank and industry rank for Audax Renovables's Equity-to-Asset or its related term are showing as below:
XMAD:ADX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.16
Current: 0.16
During the past 13 years, the highest Equity to Asset Ratio of Audax Renovables was 0.16. The lowest was 0.09. And the median was 0.13.
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%.
Audax Renovables Equity-to-Asset Related Terms
Audax Renovables Equity-to-Asset Historical Data
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The historical data trend for Audax Renovables'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.
For the Utilities - Renewable subindustry, Audax Renovables'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.
Audax Renovables Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Audax Renovables's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Audax Renovables'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.
Audax Renovables'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.
Audax Renovables (XMAD:ADX) has a Equity-to-Asset of 0.16 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Audax Renovables and its competitors. This is 23% above median its historical median of 0.13. Over the past decade, Audax Renovables' Equity-to-Asset has ranged from 0.09 to 0.16. According to the industry distribution chart, Audax Renovables ranks #404 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 88.4%.
Is Audax Renovables' Equity-to-Asset too high?
Audax Renovables' current Equity-to-Asset of 0.16 is 23% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.16. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Audax Renovables' value of 0.16 is 61% below this industry median. Based on the distribution chart, Audax Renovables ranks #404 out of 457 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Audax Renovables has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Audax Renovables' Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Audax Renovables ranks #404 out of 457 companies for Equity-to-Asset. This places Audax Renovables in the lower half of its industry. The industry median Equity-to-Asset is 0.41. Audax Renovables' value of 0.16 is 61% below this benchmark. Historically, Audax Renovables' own Equity-to-Asset has ranged from 0.09 to 0.16 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.41, Audax Renovables 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 an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 457 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. Audax Renovables's current Equity-to-Asset of 0.16 is 61% 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 Audax Renovables and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audax Renovables's current Equity-to-Asset is 0.16, which is 23% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audax Renovables stock overvalued right now?
Based on GuruFocus' analysis, Audax Renovables (XMAD:ADX) is currently considered Fairly Valued. The stock's GF Value™ is €1.27, compared to a current price of €1.20 — trading 5.5% below its estimated fair value. The current Equity-to-Asset is 0.16, which is 23% above median its 10-year median of 0.13 and 61% below the Utilities - Independent Power Producers industry median of 0.41. Audax Renovables' overall GF Score™ is 76/100 with 4 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 Audax Renovables (XMAD:ADX), the current Equity-to-Asset is 0.16 as of Dec. 2025. 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 Audax Renovables (XMAD:ADX) Overvalued in 2026?
Based on GuruFocus' analysis, Audax Renovables stock appears to be undervalued.
The current stock price of €1.20 is trading 5.5% below its estimated GF Value™ of €1.27.
GuruFocus considers Audax Renovables to be Fairly Valued.
Key valuation signals for XMAD:ADX:
Equity-to-Asset: 0.16 (23% above median its 10-year median of 0.13)
GF Value™: €1.27 vs. price of €1.20 (5.5% below fair value)
Industry Position: 61% below the Utilities - Independent Power Producers median (#404 of 457)
No single metric tells the full story. See the XMAD:ADX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audax Renovables SA is engaged in the development of renewable energy for generating electricity. The company is mainly focused on developing wind energy. The group's projects are located in Spain, France, Panama, Germany, and Poland. The majority of the revenue is generated from Spain and Portugal.
76GF Score
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