XPPLF (XP Power) Equity-to-Asset: 0.41 (As of Dec. 2025) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XPPLF XP Power Ltd XPPLF
56 GF Score
Price $27.92
GF Value $10.76
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is XP Power Equity-to-Asset?

XP Power XPPLF 56 Equity-to-Asset is 0.41 as of Dec. 2025, which is 31% below its 10-year median of 0.59. GuruFocus rates XPPLF with a GF Score™ of 56/100 and a GF Value™ of $10.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, XP Power ranks worse than 74.79% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. XP Power's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $230.4 Mil. XP Power's Total Assets for the quarter that ended in Dec. 2025 was $567.2 Mil. Therefore, XP Power's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.41.

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

XPPLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.59   Max: 0.76
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of XP Power was 0.76. The lowest was 0.29. And the median was 0.59.

XPPLF's Equity-to-Asset is ranked worse than
74.79% of 3078 companies
in the Industrial Products industry
Industry Median: 0.57 vs XPPLF: 0.41

XP Power  (OTCPK:XPPLF) 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%.


XP Power Equity-to-Asset Related Terms


XP Power Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for XP Power'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.

XP Power Equity-to-Asset Chart

XP Power 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 0.63 0.29 0.35 0.35 0.41

XP Power 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 0.35 0.36 0.35 0.44 0.41

XPPLF vs VRT, BE: Equity-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, XP Power'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.


XP Power Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, XP Power's Equity-to-Asset distribution charts can be found below:

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


XPPLF
56GF Score
XP Power Ltd XPPLF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XP Power 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.

XP Power'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
=230.388/567.202
=0.41

XP Power'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
=230.388/567.202
=0.41

* 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 0.41 mean?
XP Power (XPPLF) has a Equity-to-Asset of 0.41 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on XP Power and its competitors. This is 31% below median its historical median of 0.59. Over the past decade, XP Power's Equity-to-Asset has ranged from 0.29 to 0.76. According to the industry distribution chart, XP Power ranks #2302 out of 3078 companies in the Industrial Products industry, placing it in the top 74.8%.
Is XP Power's Equity-to-Asset too high?
XP Power's current Equity-to-Asset of 0.41 is 31% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.76. The Industrial Products industry median Equity-to-Asset is 0.57. XP Power's value of 0.41 is 28.1% below this industry median. Based on the distribution chart, XP Power ranks #2302 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, XP Power has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XP Power's Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, XP Power ranks #2302 out of 3078 companies for Equity-to-Asset. This places XP Power in the lower half of its industry. The industry median Equity-to-Asset is 0.57. XP Power's value of 0.41 is 28.1% below this benchmark. Historically, XP Power's own Equity-to-Asset has ranged from 0.29 to 0.76 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.57, XP Power 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 Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,078 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. XP Power's current Equity-to-Asset of 0.41 is 28.1% 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 XP Power and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XP Power's current Equity-to-Asset is 0.41, which is 31% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XP Power stock overvalued right now?
Based on GuruFocus' analysis, XP Power (XPPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.76, compared to a current price of $27.92 — trading 159.5% above its estimated fair value. The current Equity-to-Asset is 0.41, which is 31% below median its 10-year median of 0.59 and 28.1% below the Industrial Products industry median of 0.57. XP Power's overall GF Score™ is 56/100 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 XP Power (XPPLF), the current Equity-to-Asset is 0.41 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 XP Power (XPPLF) Overvalued in 2026?

Based on GuruFocus' analysis, XP Power stock appears to be overvalued. The current stock price of $27.92 is trading 159.5% above its estimated GF Value™ of $10.76. GuruFocus considers XP Power to be Significantly Overvalued.

Key valuation signals for XPPLF:

  • Equity-to-Asset: 0.41 (31% below median its 10-year median of 0.59)
  • GF Value™: $10.76 vs. price of $27.92 (159.5% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 28.1% below the Industrial Products median (#2302 of 3078)

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


XP Power Business Description

Other Exchanges XPPl:UKXPP:UK4XP:Germany
Address 19 Tai Seng Avenue, No. 07-01, Singapore, SGP, 534054
XP Power Ltd is a developer and manufacturer of critical power control components. The company provides power solutions, including alternating current (AC)-direct current (DC) power supplies, and DC-DC converters. Its products serve markets in multiple sectors and across market regions such as Semiconductor Manufacturing Equipment, Industrial Technology, Custom Power, and Healthcare. Its product categories include AC to DC power supplies, DC-DC converters, High-voltage power supplies, Radio Frequency (RF) power systems, and EMI Filters, among others. The geographical segments of the company are North America, which generates the maximum revenue, Europe, and Asia.
56GF Score

Get the complete analysis for XPPLF

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

$27.92
Price
$10.76
GF Value