Bless Asset Group PCL (BKK:BLESS) Debt-to-Equity: 0.71 (As of Mar. 2026) — 16% Below Median

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BKK:BLESS Bless Asset Group PCL BKK:BLESS
45 GF Score
Price ฿0.30
GF Value ฿0.37
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bless Asset Group PCL Debt-to-Equity?

Bless Asset Group PCL BKK:BLESS -3.23% 45 Debt-to-Equity is 0.71 as of Mar. 2026, which is 16% below its 10-year median of 0.85. GuruFocus rates BKK:BLESS with a GF Score™ of 45/100 and a GF Value™ of ฿0.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,541 Real Estate companies, Bless Asset Group PCL ranks better than 50.94% on this metric.

Bless Asset Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿807.4 Mil. Bless Asset Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿32.5 Mil. Bless Asset Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿1,178.8 Mil. Bless Asset Group PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.71.

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 Bless Asset Group PCL's Debt-to-Equity or its related term are showing as below:

BKK:BLESS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71   Med: 0.85   Max: 1.7
Current: 0.71

During the past 8 years, the highest Debt-to-Equity Ratio of Bless Asset Group PCL was 1.70. The lowest was 0.71. And the median was 0.85.

BKK:BLESS's Debt-to-Equity is ranked better than
50.94% of 1541 companies
in the Real Estate industry
Industry Median: 0.73 vs BKK:BLESS: 0.71

Bless Asset Group PCL  (BKK:BLESS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Bless Asset Group PCL Debt-to-Equity Related Terms


Bless Asset Group PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bless Asset Group 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.

Bless Asset Group PCL Debt-to-Equity Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 1.33 0.74 0.86 0.85 0.76

Bless Asset Group PCL Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.83 0.81 0.79 0.76 0.71

Bless Asset Group PCL Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Bless Asset Group 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.


Bless Asset Group PCL Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bless Asset Group PCL's Debt-to-Equity falls into.


BKK:BLESS
45GF Score
Bless Asset Group PCL BKK:BLESS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Bless Asset Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bless Asset Group PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Bless Asset Group PCL's Debt to Equity Ratio for the quarter 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.71 mean?
Bless Asset Group PCL (BKK:BLESS) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bless Asset Group PCL and its competitors. This is 16% below median its historical median of 0.85. Over the past decade, Bless Asset Group PCL's Debt-to-Equity has ranged from 0.71 to 1.70. According to the industry distribution chart, Bless Asset Group PCL ranks #756 out of 1541 companies in the Real Estate industry, placing it in the top 49.1%.
Is Bless Asset Group PCL's Debt-to-Equity too high?
Bless Asset Group PCL's current Debt-to-Equity of 0.71 is 16% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.70. The Real Estate industry median Debt-to-Equity is 0.73. Bless Asset Group PCL's value of 0.71 is 2.7% below this industry median. Based on the distribution chart, Bless Asset Group PCL ranks #756 out of 1541 companies in the Real Estate industry, which is above the industry midpoint. Overall, Bless Asset Group PCL has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bless Asset Group PCL's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Bless Asset Group PCL ranks #756 out of 1541 companies for Debt-to-Equity. This puts Bless Asset Group PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.73. Bless Asset Group PCL's value of 0.71 is 2.7% below this benchmark. Historically, Bless Asset Group PCL's own Debt-to-Equity has ranged from 0.71 to 1.70 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.73, Bless Asset Group PCL 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 Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,541 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. Bless Asset Group PCL's current Debt-to-Equity of 0.71 is 2.7% 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 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 Bless Asset Group PCL and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bless Asset Group PCL's current Debt-to-Equity is 0.71, which is 16% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bless Asset Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Bless Asset Group PCL (BKK:BLESS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.37, compared to a current price of ฿0.30 — trading 18.9% below its estimated fair value. The current Debt-to-Equity is 0.71, which is 16% below median its 10-year median of 0.85 and 2.7% below the Real Estate industry median of 0.73. Bless Asset Group PCL's overall GF Score™ is 45/100 with 5 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 Bless Asset Group PCL (BKK:BLESS), the current Debt-to-Equity is 0.71 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 Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?

Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued. The current stock price of ฿0.30 is trading 18.9% below its estimated GF Value™ of ฿0.37. GuruFocus considers Bless Asset Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:BLESS:

  • Debt-to-Equity: 0.71 (16% below median its 10-year median of 0.85)
  • GF Value™: ฿0.37 vs. price of ฿0.30 (18.9% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 2.7% below the Real Estate median (#756 of 1541)

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


Bless Asset Group PCL Business Description

Address 609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
45GF Score

Get the complete analysis for BKK:BLESS

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

฿0.30
Price
฿0.37
GF Value