Passat (XPAR:ALPAS) Equity-to-Asset: 0.68 (As of Dec. 2025) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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XPAR:ALPAS Passat SA XPAR:ALPAS
88 GF Score
Price €5.00
GF Value €5.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Passat Equity-to-Asset?

Passat XPAR:ALPAS 88 Equity-to-Asset is 0.68 as of Dec. 2025, which is 9% below its 10-year median of 0.75. GuruFocus rates XPAR:ALPAS with a GF Score™ of 88/100 and a GF Value™ of €5.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Passat ranks better than 81.72% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Passat's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €43.04 Mil. Passat's Total Assets for the quarter that ended in Dec. 2025 was €62.93 Mil. Therefore, Passat's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.68.

The historical rank and industry rank for Passat's Equity-to-Asset or its related term are showing as below:

XPAR:ALPAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.75   Max: 0.8
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Passat was 0.80. The lowest was 0.61. And the median was 0.75.

XPAR:ALPAS's Equity-to-Asset is ranked better than
81.72% of 1138 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs XPAR:ALPAS: 0.68

Passat  (XPAR:ALPAS) 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%.


Passat Equity-to-Asset Related Terms


Passat Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Passat'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.

Passat Equity-to-Asset Chart

Passat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.66 0.64 0.61 0.68

Passat Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.60 0.61 0.65 0.68

XPAR:ALPAS vs CASY, WSM, ULTA: Equity-to-Asset Comparison

For the Specialty Retail subindustry, Passat'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.


Passat Equity-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Passat's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Passat's Equity-to-Asset falls into.


XPAR:ALPAS
88GF Score
Passat SA XPAR:ALPAS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Passat Equity-to-Asset Calculation

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.

Passat's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=43.044/62.926
=0.68

Passat's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=43.044/62.926
=0.68

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.68 mean?
Passat (XPAR:ALPAS) has a Equity-to-Asset of 0.68 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Passat and its competitors. This is near median its historical median of 0.75. Over the past decade, Passat's Equity-to-Asset has ranged from 0.61 to 0.80. According to the industry distribution chart, Passat ranks #208 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 18.3%.
Is Passat's Equity-to-Asset too high?
Passat's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.80. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Passat's value of 0.68 is 54.5% above this industry median. Based on the distribution chart, Passat ranks #208 out of 1138 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Passat has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Passat's Equity-to-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Passat ranks #208 out of 1138 companies for Equity-to-Asset. This places Passat in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.44. Passat's value of 0.68 is 54.5% above this benchmark. Historically, Passat's own Equity-to-Asset has ranged from 0.61 to 0.80 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.44, Passat has consistently been above 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 Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,138 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. Passat's current Equity-to-Asset of 0.68 is 54.5% above 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 Passat and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Passat's current Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Passat stock overvalued right now?
Based on GuruFocus' analysis, Passat (XPAR:ALPAS) is currently considered Fairly Valued. The stock's GF Value™ is €5.10, compared to a current price of €5.00 — trading 2% below its estimated fair value. The current Equity-to-Asset is 0.68, which is near median its 10-year median of 0.75 and 54.5% above the Retail - Cyclical industry median of 0.44. Passat's overall GF Score™ is 88/100 with 5 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 Passat (XPAR:ALPAS), the current Equity-to-Asset is 0.68 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 Passat (XPAR:ALPAS) Overvalued in 2026?

Based on GuruFocus' analysis, Passat stock appears to be undervalued. The current stock price of €5.00 is trading 2% below its estimated GF Value™ of €5.10. GuruFocus considers Passat to be Fairly Valued.

Key valuation signals for XPAR:ALPAS:

  • Equity-to-Asset: 0.68 (near median its 10-year median of 0.75)
  • GF Value™: €5.10 vs. price of €5.00 (2% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 54.5% above the Retail - Cyclical median (#208 of 1138)

No single metric tells the full story. See the XPAR:ALPAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Passat Business Description

Other Exchanges 0OPZ:UK6JF:Germany
Address 2 rue Alfred de Vigny, Fourqueux, Paris, FRA, 78118
Passat SA is a France based holding company. It offers its customers wide possibilities of implantation in the points of sale. The company offers a portfolio of products, comprising fitness, beauty, health and leisure products, kitchen utensils and accessories; patented do-it-yourself products, home comfort and maintenance products, gardening products, toys and household products, among others.
88GF Score

Get the complete analysis for XPAR:ALPAS

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.00
Price
€5.10
GF Value