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Bell Financial GroupASX:BFG 57 Equity-to-Asset is 0.19 as of Jun. 2026, which is 5% below its 10-year median of 0.20. GuruFocus rates ASX:BFG with a GF Score™ of 57/100 and a GF Value™ of A$1.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 813 Capital Markets companies, Bell Financial Group ranks worse than 76.75% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bell Financial Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was A$255.6 Mil. Bell Financial Group's Total Assets for the quarter that ended in Jun. 2026 was A$1,338.3 Mil.
Therefore, Bell Financial Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.19.
The historical rank and industry rank for Bell Financial Group's Equity-to-Asset or its related term are showing as below:
ASX:BFG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.2 Max: 0.3
Current: 0.19
During the past 13 years, the highest Equity to Asset Ratio of Bell Financial Group was 0.30. The lowest was 0.14. And the median was 0.20.
ASX:BFG's Equity-to-Asset is ranked worse than 76.75% of 813
companies
in the Capital Markets industry
Industry Median: 0.5
vs ASX:BFG: 0.19
Bell Financial Group (ASX:BFG) 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%.
Bell Financial Group Equity-to-Asset Related Terms
Bell Financial Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Bell Financial 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:BFG vs MS, GS, SCHW: Equity-to-Asset Comparison
For the Capital Markets subindustry, Bell Financial 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.
Bell Financial Group Equity-to-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bell Financial Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bell Financial 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.
Bell Financial Group'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.
Bell Financial Group (ASX:BFG) has a Equity-to-Asset of 0.19 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bell Financial Group and its competitors. This is near median its historical median of 0.20. Over the past decade, Bell Financial Group's Equity-to-Asset has ranged from 0.14 to 0.30. According to the industry distribution chart, Bell Financial Group ranks #624 out of 813 companies in the Capital Markets industry, placing it in the top 76.8%.
Is Bell Financial Group's Equity-to-Asset too high?
Bell Financial Group's current Equity-to-Asset of 0.19 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.30. The Capital Markets industry median Equity-to-Asset is 0.50. Bell Financial Group's value of 0.19 is 62% below this industry median. Based on the distribution chart, Bell Financial Group ranks #624 out of 813 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bell Financial Group has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bell Financial Group's Equity-to-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Bell Financial Group ranks #624 out of 813 companies for Equity-to-Asset. This places Bell Financial Group in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Bell Financial Group's value of 0.19 is 62% below this benchmark. Historically, Bell Financial Group's own Equity-to-Asset has ranged from 0.14 to 0.30 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.50, Bell Financial 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 Capital Markets company?
The median Equity-to-Asset among Capital Markets companies is 0.50, based on 813 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. Bell Financial Group's current Equity-to-Asset of 0.19 is 62% 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 Bell Financial Group and its competitors. For the Capital Markets industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Financial Group's current Equity-to-Asset is 0.19, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Bell Financial Group (ASX:BFG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.73, compared to a current price of A$1.52 — trading 12.1% below its estimated fair value. The current Equity-to-Asset is 0.19, which is near median its 10-year median of 0.20 and 62% below the Capital Markets industry median of 0.50. Bell Financial Group's overall GF Score™ is 57/100 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 Bell Financial Group (ASX:BFG), the current Equity-to-Asset is 0.19 as of Jun. 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 Bell Financial Group (ASX:BFG) Overvalued in 2026?
Based on GuruFocus' analysis, Bell Financial Group stock appears to be undervalued.
The current stock price of A$1.52 is trading 12.1% below its estimated GF Value™ of A$1.73.
GuruFocus considers Bell Financial Group to be Modestly Undervalued.
Key valuation signals for ASX:BFG:
Equity-to-Asset: 0.19 (near median its 10-year median of 0.20)
GF Value™: A$1.73 vs. price of A$1.52 (12.1% below fair value)
Industry Position: 62% below the Capital Markets median (#624 of 813)
No single metric tells the full story. See the ASX:BFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bell Financial Group Ltd is a capital market service provider based in Australia. It is engaged in providing stockbroking, investment, and financial advisory services to private, institutional, and corporate clients. The reporting segments of the company are: Technology & Platforms, Products & Services, and Broking. Maximum revenue is generated from the Broking segment, which includes traditional retail client broking (Retail client focus) and traditional wholesale client broking services (Institutional and Wholesale client focus). The Technology & Platforms segment includes proprietary technology and platforms, including online broking, and the Products & Services segment represents its margin lending, cash, portfolio administration, and superannuation solutions products and services.
57GF Score
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