Ashley Services GroupASX:ASH 57 Equity-to-Asset is 0.37 as of Dec. 2025, which is 3% below its 10-year median of 0.38. GuruFocus rates ASX:ASH with a GF Score™ of 57/100 and a GF Value™ of A$0.24 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,098 Business Services companies, Ashley Services Group ranks worse than 70.67% on this metric.
The historical rank and industry rank for Ashley Services Group's Equity-to-Asset or its related term are showing as below:
ASX:ASH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.38 Max: 0.59
Current: 0.37
During the past 11 years, the highest Equity to Asset Ratio of Ashley Services Group was 0.59. The lowest was 0.30. And the median was 0.38.
ASX:ASH's Equity-to-Asset is ranked worse than 70.67% of 1098
companies
in the Business Services industry
Industry Median: 0.52
vs ASX:ASH: 0.37
Ashley Services Group (ASX:ASH) 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%.
Ashley Services Group Equity-to-Asset Related Terms
Ashley Services Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ashley Services Group'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.
ASX:ASH vs KFY, RHI, TNET: Equity-to-Asset Comparison
For the Staffing & Employment Services subindustry, Ashley Services Group'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.
Ashley Services Group Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Ashley Services Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ashley Services Group'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.
Ashley Services Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Ashley Services Group (ASX:ASH) has a Equity-to-Asset of 0.37 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ashley Services Group and its competitors. This is near median its historical median of 0.38. Over the past decade, Ashley Services Group's Equity-to-Asset has ranged from 0.30 to 0.59. According to the industry distribution chart, Ashley Services Group ranks #776 out of 1098 companies in the Business Services industry, placing it in the top 70.7%.
Is Ashley Services Group's Equity-to-Asset too high?
Ashley Services Group's current Equity-to-Asset of 0.37 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.59. The Business Services industry median Equity-to-Asset is 0.52. Ashley Services Group's value of 0.37 is 28.8% below this industry median. Based on the distribution chart, Ashley Services Group ranks #776 out of 1098 companies in the Business Services industry, which is below the industry midpoint. Overall, Ashley Services Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashley Services Group's Equity-to-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, Ashley Services Group ranks #776 out of 1098 companies for Equity-to-Asset. This places Ashley Services Group in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Ashley Services Group's value of 0.37 is 28.8% below this benchmark. Historically, Ashley Services Group's own Equity-to-Asset has ranged from 0.30 to 0.59 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.52, Ashley Services Group 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 Equity-to-Asset for a Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,098 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. Ashley Services Group's current Equity-to-Asset of 0.37 is 28.8% 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 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 Ashley Services Group and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashley Services Group's current Equity-to-Asset is 0.37, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashley Services Group stock overvalued right now?
Based on GuruFocus' analysis, Ashley Services Group (ASX:ASH) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.24, compared to a current price of A$0.27 — trading 12.5% above its estimated fair value. The current Equity-to-Asset is 0.37, which is near median its 10-year median of 0.38 and 28.8% below the Business Services industry median of 0.52. Ashley Services Group's overall GF Score™ is 57/100 with 8 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 Ashley Services Group (ASX:ASH), the current Equity-to-Asset is 0.37 as of Dec. 2025. 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 Ashley Services Group (ASX:ASH) Overvalued in 2026?
Based on GuruFocus' analysis, Ashley Services Group stock appears to be overvalued.
The current stock price of A$0.27 is trading 12.5% above its estimated GF Value™ of A$0.24.
GuruFocus considers Ashley Services Group to be Modestly Overvalued.
Key valuation signals for ASX:ASH:
Equity-to-Asset: 0.37 (near median its 10-year median of 0.38)
GF Value™: A$0.24 vs. price of A$0.27 (12.5% above fair value)
Industry Position: 28.8% below the Business Services median (#776 of 1098)
No single metric tells the full story. See the ASX:ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashley Services Group Ltd is engaged in staffing services. It is an integrated Labour Hire, Recruitment, and Training organization that has been delivering workforce management and business improvement programs. The group operates in two operating segments, namely Labour hire and Training. The group derives maximum revenue from providing Labour hire services. The organization operates in Australia.
57GF Score
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