ZozoTSE:3092 -0.22%86 Equity-to-Asset is 0.54 as of Mar. 2026, which is 6% above its 10-year median of 0.51. GuruFocus rates TSE:3092 with a GF Score™ of 86/100 and a GF Value™ of 円1,440.49 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Zozo ranks better than 63.16% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zozo's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円106,788 Mil. Zozo's Total Assets for the quarter that ended in Mar. 2026 was 円198,260 Mil.
Therefore, Zozo's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.54.
The historical rank and industry rank for Zozo's Equity-to-Asset or its related term are showing as below:
TSE:3092'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.51 Max: 0.58
Current: 0.54
During the past 13 years, the highest Equity to Asset Ratio of Zozo was 0.58. The lowest was 0.29. And the median was 0.51.
TSE:3092's Equity-to-Asset is ranked better than 63.16% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs TSE:3092: 0.54
Zozo (TSE:3092) 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%.
Zozo Equity-to-Asset Related Terms
Zozo Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Zozo'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.
TSE:3092 vs AMZN, BABA, PDD: Equity-to-Asset Comparison
For the Internet Retail subindustry, Zozo'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.
Zozo Equity-to-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zozo's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zozo'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.
Zozo's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Zozo (TSE:3092) has a Equity-to-Asset of 0.54 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zozo and its competitors. This is near median its historical median of 0.51. Over the past decade, Zozo's Equity-to-Asset has ranged from 0.29 to 0.58. According to the industry distribution chart, Zozo ranks #417 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 36.8%.
Is Zozo's Equity-to-Asset too high?
Zozo's current Equity-to-Asset of 0.54 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.58. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Zozo's value of 0.54 is 22.7% above this industry median. Based on the distribution chart, Zozo ranks #417 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Zozo has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zozo's Equity-to-Asset compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zozo ranks #417 out of 1132 companies for Equity-to-Asset. This puts Zozo in the upper half of its industry. The industry median Equity-to-Asset is 0.44. Zozo's value of 0.54 is 22.7% above this benchmark. Historically, Zozo's own Equity-to-Asset has ranged from 0.29 to 0.58 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.44, Zozo 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 1,132 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. Zozo's current Equity-to-Asset of 0.54 is 22.7% 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 Zozo 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. Zozo's current Equity-to-Asset is 0.54, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zozo stock overvalued right now?
Based on GuruFocus' analysis, Zozo (TSE:3092) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,440.49, compared to a current price of 円1,123.00 — trading 22% below its estimated fair value. The current Equity-to-Asset is 0.54, which is near median its 10-year median of 0.51 and 22.7% above the Retail - Cyclical industry median of 0.44. Zozo's overall GF Score™ is 86/100 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 Zozo (TSE:3092), the current Equity-to-Asset is 0.54 as of Mar. 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 Zozo (TSE:3092) Overvalued in 2026?
Based on GuruFocus' analysis, Zozo stock appears to be undervalued.
The current stock price of 円1,123.00 is trading 22% below its estimated GF Value™ of 円1,440.49.
GuruFocus considers Zozo to be Modestly Undervalued.
Key valuation signals for TSE:3092:
Equity-to-Asset: 0.54 (near median its 10-year median of 0.51)
GF Value™: 円1,440.49 vs. price of 円1,123.00 (22% below fair value)
Industry Position: 22.7% above the Retail - Cyclical median (#417 of 1132)
No single metric tells the full story. See the TSE:3092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zozo, established in 1998 by Yusaku Maezawa, operates Zozotown, Japan's largest fashion e-commerce platform. Zozotown runs primarily on a consignment model, where brands stock products at Zozo's logistics bases and operate shops as tenants. As of 2025, Zozotown hosts over 11,000 brands and 12.5 million active users. Beyond its core domestic business, Zozo is expanding into adjacent categories such as skincare, cosmetics, and fragrance (near fashion), and internationally through Lyst, a UK-based luxury fashion platform acquired in 2025, and Zozofit, a body measurement app.
86GF Score
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