ASN Broker PCLBKK:ASN-R 55 Debt-to-Equity is 0.61 as of Mar. 2026, which is 13% below its 10-year median of 0.70. GuruFocus rates BKK:ASN-R with a GF Score™ of 55/100 and a GF Value™ of ฿1.52. The stock has 4 warning signs investors should review. Among 406 Insurance companies, ASN Broker PCL ranks worse than 83% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for ASN Broker PCL's Debt-to-Equity or its related term are showing as below:
BKK:ASN-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.7 Max: 0.73
Current: 0.61
During the past 11 years, the highest Debt-to-Equity Ratio of ASN Broker PCL was 0.73. The lowest was 0.07. And the median was 0.70.
BKK:ASN-R's Debt-to-Equity is ranked worse than 83% of 406
companies
in the Insurance industry
Industry Median: 0.2
vs BKK:ASN-R: 0.61
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
ASN Broker PCL Debt-to-Equity Related Terms
ASN Broker PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ASN Broker PCL's Debt-to-Equity 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.
BKK:ASN-R vs MRSH, AON, AJG: Debt-to-Equity Comparison
For the Insurance Brokers subindustry, ASN Broker PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
ASN Broker PCL Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, ASN Broker PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ASN Broker PCL's Debt-to-Equity falls into.
* 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.
ASN Broker PCL (BKK:ASN-R) has a Debt-to-Equity of 0.61 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASN Broker PCL and its competitors. This is 13% below median its historical median of 0.70. Over the past decade, ASN Broker PCL's Debt-to-Equity has ranged from 0.07 to 0.73. According to the industry distribution chart, ASN Broker PCL ranks #337 out of 406 companies in the Insurance industry, placing it in the top 83%.
Is ASN Broker PCL's Debt-to-Equity too high?
ASN Broker PCL's current Debt-to-Equity of 0.61 is 13% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.73. The Insurance industry median Debt-to-Equity is 0.20. ASN Broker PCL's value of 0.61 is 205% above this industry median. Based on the distribution chart, ASN Broker PCL ranks #337 out of 406 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, ASN Broker PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does ASN Broker PCL's Debt-to-Equity compare to MRSH and AON?
According to the Insurance industry distribution chart, ASN Broker PCL ranks #337 out of 406 companies for Debt-to-Equity. This places ASN Broker PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.20. ASN Broker PCL's value of 0.61 is 205% above this benchmark. Historically, ASN Broker PCL's own Debt-to-Equity has ranged from 0.07 to 0.73 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.20, ASN Broker PCL 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 Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.20, based on 406 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASN Broker PCL's current Debt-to-Equity of 0.61 is 205% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASN Broker PCL and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASN Broker PCL's current Debt-to-Equity is 0.61, which is 13% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASN Broker PCL stock overvalued right now?
ASN Broker PCL (BKK:ASN-R) has a current Debt-to-Equity of 0.61. The stock's GF Value™ is ฿1.52, compared to a current price of ฿0.68 — trading 55.3% below its estimated fair value. The current Debt-to-Equity is 0.61, which is 13% below median its 10-year median of 0.70 and 205% above the Insurance industry median of 0.20. ASN Broker PCL's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For ASN Broker PCL (BKK:ASN-R), the current Debt-to-Equity is 0.61 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 ASN Broker PCL (BKK:ASN-R) Overvalued in 2026?
Based on GuruFocus' analysis, ASN Broker PCL stock appears to be undervalued.
The current stock price of ฿0.68 is trading 55.3% below its estimated GF Value™ of ฿1.52.
Key valuation signals for BKK:ASN-R:
Debt-to-Equity: 0.61 (13% below median its 10-year median of 0.70)
GF Value™: ฿1.52 vs. price of ฿0.68 (55.3% below fair value)
Industry Position: 205% above the Insurance median (#337 of 406)
No single metric tells the full story. See the BKK:ASN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASN Broker PCL is a Thailand-based company operating as a direct non-life insurance broker, mainly focusing on selling automobile insurance products. It has also expanded into the personal loan, title loan, and hire purchase business under the name ASN Finance. The Group's reportable segments are: Insurance Broker, Peer-to-peer lending platform, and Loan. Maximum revenue is generated from the Insurance Broker segment, which includes non-life insurance brokers and life insurance broker services. The Loan segment includes lending services through title loans and hire purchase. The Group is managed and operates principally in Thailand.
55GF Score
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