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Tourism HoldingsASX:THL +1.71%69 Equity-to-Asset is 0.40 as of Dec. 2025, which is 2% below its 10-year median of 0.41. GuruFocus rates ASX:THL with a GF Score™ of 69/100 and a GF Value™ of A$1.80 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,333 Vehicles & Parts companies, Tourism Holdings ranks worse than 62.57% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tourism Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$537.8 Mil. Tourism Holdings's Total Assets for the quarter that ended in Dec. 2025 was A$1,360.8 Mil.
Therefore, Tourism Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.40.
The historical rank and industry rank for Tourism Holdings's Equity-to-Asset or its related term are showing as below:
ASX:THL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.41 Max: 0.49
Current: 0.4
During the past 3 years, the highest Equity to Asset Ratio of Tourism Holdings was 0.49. The lowest was 0.37. And the median was 0.41.
ASX:THL's Equity-to-Asset is ranked worse than 62.57% of 1333
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs ASX:THL: 0.40
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%.
Tourism Holdings Equity-to-Asset Related Terms
Tourism Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tourism Holdings'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:THL vs BC, PII, THO: Equity-to-Asset Comparison
For the Recreational Vehicles subindustry, Tourism Holdings'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.
Tourism Holdings Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tourism Holdings'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.
Tourism Holdings'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.
Tourism Holdings (ASX:THL) has a Equity-to-Asset of 0.40 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tourism Holdings and its competitors. This is near median its historical median of 0.41. Over the past decade, Tourism Holdings' Equity-to-Asset has ranged from 0.37 to 0.49. According to the industry distribution chart, Tourism Holdings ranks #834 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 62.6%.
Is Tourism Holdings' Equity-to-Asset too high?
Tourism Holdings' current Equity-to-Asset of 0.40 is near median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.49. The Vehicles & Parts industry median Equity-to-Asset is 0.49. Tourism Holdings' value of 0.40 is 18.4% below this industry median. Based on the distribution chart, Tourism Holdings ranks #834 out of 1333 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tourism Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Equity-to-Asset compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #834 out of 1333 companies for Equity-to-Asset. This places Tourism Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Tourism Holdings' value of 0.40 is 18.4% below this benchmark. Historically, Tourism Holdings' own Equity-to-Asset has ranged from 0.37 to 0.49 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.49, Tourism Holdings 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,333 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. Tourism Holdings's current Equity-to-Asset of 0.40 is 18.4% 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 Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Equity-to-Asset is 0.40, which is near median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.80, compared to a current price of A$2.38 — trading 32.2% above its estimated fair value. The current Equity-to-Asset is 0.40, which is near median its 10-year median of 0.41 and 18.4% below the Vehicles & Parts industry median of 0.49. Tourism Holdings' overall GF Score™ is 69/100 with 11 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 Tourism Holdings (ASX:THL), the current Equity-to-Asset is 0.40 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 Tourism Holdings (ASX:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued.
The current stock price of A$2.38 is trading 32.2% above its estimated GF Value™ of A$1.80.
GuruFocus considers Tourism Holdings to be Significantly Overvalued.
Key valuation signals for ASX:THL:
Equity-to-Asset: 0.40 (near median its 10-year median of 0.41)
GF Value™: A$1.80 vs. price of A$2.38 (32.2% above fair value)
Industry Position: 18.4% below the Vehicles & Parts median (#834 of 1333)
No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
69GF Score
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