Applied EnergeticsAERG -6.02%26 Equity-to-Asset is 0.77 as of Mar. 2026, which is 1825% above its 10-year median of 0.04. GuruFocus rates AERG with a GF Score™ of 26/100 and a GF Value™ of $0.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,493 Hardware companies, Applied Energetics ranks better than 80.91% on this metric.
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%.
Applied Energetics Equity-to-Asset Related Terms
Applied Energetics Equity-to-Asset Historical Data
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The historical data trend for Applied Energetics'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.
AERG vs MVIS, ARBE, USBC: Equity-to-Asset Comparison
For the Scientific & Technical Instruments subindustry, Applied Energetics'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.
Applied Energetics Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Applied Energetics's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Applied Energetics'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.
Applied Energetics'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.
Applied Energetics (AERG) has a Equity-to-Asset of 0.77 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Applied Energetics and its competitors. This is 1825% above median its historical median of 0.04. According to the industry distribution chart, Applied Energetics ranks #476 out of 2493 companies in the Hardware industry, placing it in the top 19.1%.
Is Applied Energetics' Equity-to-Asset too high?
Applied Energetics' current Equity-to-Asset of 0.77 is 1825% above median its 10-year median of 0.04. The Hardware industry median Equity-to-Asset is 0.57. Applied Energetics' value of 0.77 is 35.1% above this industry median. Based on the distribution chart, Applied Energetics ranks #476 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Energetics has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Energetics' Equity-to-Asset compare to MVIS and ARBE?
According to the Hardware industry distribution chart, Applied Energetics ranks #476 out of 2493 companies for Equity-to-Asset. This places Applied Energetics in the top 19% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.57. Applied Energetics' value of 0.77 is 35.1% above this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.57, Applied Energetics 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,493 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. Applied Energetics's current Equity-to-Asset of 0.77 is 35.1% 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 Applied Energetics and its competitors. For the Hardware 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. Applied Energetics's current Equity-to-Asset is 0.77, which is 1825% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Energetics stock overvalued right now?
Based on GuruFocus' analysis, Applied Energetics (AERG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.25 — trading 278.8% above its estimated fair value. The current Equity-to-Asset is 0.77, which is 1825% above median its 10-year median of 0.04 and 35.1% above the Hardware industry median of 0.57. Applied Energetics' overall GF Score™ is 26/100 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 Applied Energetics (AERG), the current Equity-to-Asset is 0.77 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 Applied Energetics (AERG) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Energetics stock appears to be overvalued.
The current stock price of $1.25 is trading 278.8% above its estimated GF Value™ of $0.33.
GuruFocus considers Applied Energetics to be Significantly Overvalued.
Key valuation signals for AERG:
Equity-to-Asset: 0.77 (1825% above median its 10-year median of 0.04)
GF Value™: $0.33 vs. price of $1.25 (278.8% above fair value)
Industry Position: 35.1% above the Hardware median (#476 of 2493)
No single metric tells the full story. See the AERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Energetics Inc specializes in laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. Its powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target or disrupt a mission. These technologies have applications in both national security and commercial markets. The company operates as one operating segment with a focus on the development and manufacture of high-performance lasers and optical systems, and integrated guided energy systems, for prospective defense, national security, industrial, biomedical, and scientific customers across the world.
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