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Makstil ADXMAE:STIL 75 Equity-to-Asset is 0.44 as of Dec. 2025, which is 76% above its 10-year median of 0.25. GuruFocus rates XMAE:STIL with a GF Score™ of 75/100 and a GF Value™ of MKD106.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 633 Steel companies, Makstil AD ranks worse than 65.4% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Makstil AD's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MKD4,289 Mil. Makstil AD's Total Assets for the quarter that ended in Dec. 2025 was MKD9,680 Mil.
The historical rank and industry rank for Makstil AD's Equity-to-Asset or its related term are showing as below:
XMAE:STIL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.25 Max: 0.44
Current: 0.44
During the past 13 years, the highest Equity to Asset Ratio of Makstil AD was 0.44. The lowest was 0.17. And the median was 0.25.
XMAE:STIL's Equity-to-Asset is ranked worse than 65.4% of 633
companies
in the Steel industry
Industry Median: 0.54
vs XMAE:STIL: 0.44
Makstil AD (XMAE:STIL) Equity-to-Asset Explanation
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%.
Makstil AD Equity-to-Asset Related Terms
Makstil AD Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Makstil AD'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.
XMAE:STIL vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Makstil AD'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.
Makstil AD Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Makstil AD's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Makstil AD'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.
Makstil AD'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.
Makstil AD (XMAE:STIL) has a Equity-to-Asset of 0.44 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Makstil AD and its competitors. This is 76% above median its historical median of 0.25. Over the past decade, Makstil AD's Equity-to-Asset has ranged from 0.17 to 0.44. According to the industry distribution chart, Makstil AD ranks #414 out of 633 companies in the Steel industry, placing it in the top 65.4%.
Is Makstil AD's Equity-to-Asset too high?
Makstil AD's current Equity-to-Asset of 0.44 is 76% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.44. The Steel industry median Equity-to-Asset is 0.54. Makstil AD's value of 0.44 is 18.5% below this industry median. Based on the distribution chart, Makstil AD ranks #414 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Makstil AD has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Makstil AD ranks #414 out of 633 companies for Equity-to-Asset. This places Makstil AD in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Makstil AD's value of 0.44 is 18.5% below this benchmark. Historically, Makstil AD's own Equity-to-Asset has ranged from 0.17 to 0.44 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.54, Makstil AD 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 633 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. Makstil AD's current Equity-to-Asset of 0.44 is 18.5% 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 Makstil AD and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current Equity-to-Asset is 0.44, which is 76% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Based on GuruFocus' analysis, Makstil AD (XMAE:STIL) is currently considered Fairly Valued. The stock's GF Value™ is MKD106.79, compared to a current price of MKD110.00 — trading 3% above its estimated fair value. The current Equity-to-Asset is 0.44, which is 76% above median its 10-year median of 0.25 and 18.5% below the Steel industry median of 0.54. Makstil AD's overall GF Score™ is 75/100 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 Makstil AD (XMAE:STIL), the current Equity-to-Asset is 0.44 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 Makstil AD (XMAE:STIL) Overvalued in 2026?
Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued.
The current stock price of MKD110.00 is trading 3% above its estimated GF Value™ of MKD106.79.
GuruFocus considers Makstil AD to be Fairly Valued.
Key valuation signals for XMAE:STIL:
Equity-to-Asset: 0.44 (76% above median its 10-year median of 0.25)
GF Value™: MKD106.79 vs. price of MKD110.00 (3% above fair value)
Industry Position: 18.5% below the Steel median (#414 of 633)
No single metric tells the full story. See the XMAE:STIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
75GF Score
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