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.
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.
Tecnicas ReunidasXMAD:TRE -0.51%63 Equity-to-Asset is 0.10 as of Jun. 2026, which is 25% above its 10-year median of 0.08. GuruFocus rates XMAD:TRE with a GF Score™ of 63/100 and a GF Value™ of €22.04 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,788 Construction companies, Tecnicas Reunidas ranks worse than 93.68% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tecnicas Reunidas's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €612 Mil. Tecnicas Reunidas's Total Assets for the quarter that ended in Jun. 2026 was €6,437 Mil.
Therefore, Tecnicas Reunidas's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.10.
The historical rank and industry rank for Tecnicas Reunidas's Equity-to-Asset or its related term are showing as below:
XMAD:TRE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.16
Current: 0.1
During the past 13 years, the highest Equity to Asset Ratio of Tecnicas Reunidas was 0.16. The lowest was 0.01. And the median was 0.08.
XMAD:TRE's Equity-to-Asset is ranked worse than 93.68% of 1788
companies
in the Construction industry
Industry Median: 0.45
vs XMAD:TRE: 0.10
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%.
Tecnicas Reunidas Equity-to-Asset Related Terms
Tecnicas Reunidas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tecnicas Reunidas'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.
XMAD:TRE vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, Tecnicas Reunidas'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.
Tecnicas Reunidas Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Tecnicas Reunidas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tecnicas Reunidas'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.
Tecnicas Reunidas'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.
Tecnicas Reunidas (XMAD:TRE) has a Equity-to-Asset of 0.10 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tecnicas Reunidas and its competitors. This is 25% above median its historical median of 0.08. Over the past decade, Tecnicas Reunidas' Equity-to-Asset has ranged from 0.01 to 0.16. According to the industry distribution chart, Tecnicas Reunidas ranks #1675 out of 1788 companies in the Construction industry, placing it in the top 93.7%.
Is Tecnicas Reunidas' Equity-to-Asset too high?
Tecnicas Reunidas' current Equity-to-Asset of 0.10 is 25% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.16. The Construction industry median Equity-to-Asset is 0.45. Tecnicas Reunidas' value of 0.10 is 77.8% below this industry median. Based on the distribution chart, Tecnicas Reunidas ranks #1675 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tecnicas Reunidas has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Tecnicas Reunidas ranks #1675 out of 1788 companies for Equity-to-Asset. This places Tecnicas Reunidas in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Tecnicas Reunidas' value of 0.10 is 77.8% below this benchmark. Historically, Tecnicas Reunidas' own Equity-to-Asset has ranged from 0.01 to 0.16 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.45, Tecnicas Reunidas 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,788 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. Tecnicas Reunidas's current Equity-to-Asset of 0.10 is 77.8% 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 Tecnicas Reunidas and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnicas Reunidas's current Equity-to-Asset is 0.10, which is 25% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Based on GuruFocus' analysis, Tecnicas Reunidas (XMAD:TRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.04, compared to a current price of €27.12 — trading 23% above its estimated fair value. The current Equity-to-Asset is 0.10, which is 25% above median its 10-year median of 0.08 and 77.8% below the Construction industry median of 0.45. Tecnicas Reunidas' overall GF Score™ is 63/100 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 Tecnicas Reunidas (XMAD:TRE), the current Equity-to-Asset is 0.10 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 Tecnicas Reunidas (XMAD:TRE) Overvalued in 2026?
Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued.
The current stock price of €27.12 is trading 23% above its estimated GF Value™ of €22.04.
GuruFocus considers Tecnicas Reunidas to be Modestly Overvalued.
Key valuation signals for XMAD:TRE:
Equity-to-Asset: 0.10 (25% above median its 10-year median of 0.08)
GF Value™: €22.04 vs. price of €27.12 (23% above fair value)
Industry Position: 77.8% below the Construction median (#1675 of 1788)
No single metric tells the full story. See the XMAD:TRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
63GF Score
Get the complete analysis for XMAD:TRE
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:TRE has been successfully added to your 
