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.
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.
Asia Orient HoldingsFRA:ASD1 +2.38%48 Debt-to-Equity is 1.98 as of Mar. 2026, which is 38% above its 10-year median of 1.44. GuruFocus rates FRA:ASD1 with a GF Score™ of 48/100 and a GF Value™ of €0.12 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 960 Asset Management companies, Asia Orient Holdings ranks worse than 93.13% 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 Asia Orient Holdings's Debt-to-Equity or its related term are showing as below:
FRA:ASD1'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 1.44 Max: 2.05
Current: 1.98
During the past 13 years, the highest Debt-to-Equity Ratio of Asia Orient Holdings was 2.05. The lowest was 0.68. And the median was 1.44.
FRA:ASD1's Debt-to-Equity is ranked worse than 93.13% of 960
companies
in the Asset Management industry
Industry Median: 0.21
vs FRA:ASD1: 1.98
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.
Asia Orient Holdings Debt-to-Equity Related Terms
Asia Orient Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Asia Orient Holdings'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.
FRA:ASD1 vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Asia Orient Holdings'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.
Asia Orient Holdings Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Asia Orient Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Asia Orient Holdings'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.
Asia Orient Holdings (FRA:ASD1) has a Debt-to-Equity of 1.98 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asia Orient Holdings and its competitors. This is 38% above median its historical median of 1.44. Over the past decade, Asia Orient Holdings' Debt-to-Equity has ranged from 0.68 to 2.05. According to the industry distribution chart, Asia Orient Holdings ranks #894 out of 960 companies in the Asset Management industry, placing it in the top 93.1%.
Is Asia Orient Holdings' Debt-to-Equity too high?
Asia Orient Holdings' current Debt-to-Equity of 1.98 is 38% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.05. The Asset Management industry median Debt-to-Equity is 0.21. Asia Orient Holdings' value of 1.98 is 842.9% above this industry median. Based on the distribution chart, Asia Orient Holdings ranks #894 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Asia Orient Holdings has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Orient Holdings' Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Asia Orient Holdings ranks #894 out of 960 companies for Debt-to-Equity. This places Asia Orient Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Asia Orient Holdings' value of 1.98 is 842.9% above this benchmark. Historically, Asia Orient Holdings' own Debt-to-Equity has ranged from 0.68 to 2.05 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.21, Asia Orient Holdings 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 Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 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. Asia Orient Holdings's current Debt-to-Equity of 1.98 is 842.9% 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 Asia Orient Holdings and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Orient Holdings's current Debt-to-Equity is 1.98, which is 38% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Orient Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Orient Holdings (FRA:ASD1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.12, compared to a current price of €0.02 — trading 82.1% below its estimated fair value. The current Debt-to-Equity is 1.98, which is 38% above median its 10-year median of 1.44 and 842.9% above the Asset Management industry median of 0.21. Asia Orient Holdings' overall GF Score™ is 48/100 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 Asia Orient Holdings (FRA:ASD1), the current Debt-to-Equity is 1.98 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 Asia Orient Holdings (FRA:ASD1) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Orient Holdings stock appears to be undervalued.
The current stock price of €0.02 is trading 82.1% below its estimated GF Value™ of €0.12.
GuruFocus considers Asia Orient Holdings to be Possible Value Trap.
Key valuation signals for FRA:ASD1:
Debt-to-Equity: 1.98 (38% above median its 10-year median of 1.44)
GF Value™: €0.12 vs. price of €0.02 (82.1% below fair value)
Industry Position: 842.9% above the Asset Management median (#894 of 960)
No single metric tells the full story. See the FRA:ASD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are: Property Sales, Property Leasing, Hotel operation, Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.
48GF Score
Get the complete analysis for FRA:ASD1
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ASD1 has been successfully added to your 
