BFS (Saul Centers) Equity-to-Asset: 0.14 (As of Mar. 2026) — 39% Below Median

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BFS Saul Centers Inc BFS
78 GF Score
Price $36.59
GF Value $42.03
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Saul Centers Equity-to-Asset?

Saul Centers BFS +2.98% 78 Equity-to-Asset is 0.14 as of Mar. 2026, which is 39% below its 10-year median of 0.23. GuruFocus rates BFS with a GF Score™ of 78/100 and a GF Value™ of $42.03 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 934 REITs companies, Saul Centers ranks worse than 96.04% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saul Centers's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $301.9 Mil. Saul Centers's Total Assets for the quarter that ended in Mar. 2026 was $2,156.9 Mil. Therefore, Saul Centers's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.14.

The historical rank and industry rank for Saul Centers's Equity-to-Asset or its related term are showing as below:

BFS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.29
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Saul Centers was 0.29. The lowest was 0.14. And the median was 0.23.

BFS's Equity-to-Asset is ranked worse than
96.04% of 934 companies
in the REITs industry
Industry Median: 0.58 vs BFS: 0.14

Saul Centers  (NYSE:BFS) 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%.


Saul Centers Equity-to-Asset Related Terms


Saul Centers Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Saul Centers'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.

Saul Centers Equity-to-Asset Chart

Saul Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.18 0.16 0.14

Saul Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.15 0.15 0.15 0.14 0.14

BFS vs WSR, ALX, PINE: Equity-to-Asset Comparison

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Saul Centers's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saul Centers's Equity-to-Asset falls into.


BFS
78GF Score
Saul Centers Inc BFS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Saul Centers Equity-to-Asset Calculation

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.

Saul Centers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=307.82/2162.678
=0.14

Saul Centers's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=301.863/2156.852
=0.14

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.14 mean?
Saul Centers (BFS) has a Equity-to-Asset of 0.14 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Saul Centers and its competitors. This is 39% below median its historical median of 0.23. Over the past decade, Saul Centers' Equity-to-Asset has ranged from 0.14 to 0.29. According to the industry distribution chart, Saul Centers ranks #897 out of 934 companies in the REITs industry, placing it in the top 96%.
Is Saul Centers' Equity-to-Asset too high?
Saul Centers' current Equity-to-Asset of 0.14 is 39% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.29. The REITs industry median Equity-to-Asset is 0.58. Saul Centers' value of 0.14 is 75.9% below this industry median. Based on the distribution chart, Saul Centers ranks #897 out of 934 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Saul Centers has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Equity-to-Asset compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #897 out of 934 companies for Equity-to-Asset. This places Saul Centers in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Saul Centers' value of 0.14 is 75.9% below this benchmark. Historically, Saul Centers' own Equity-to-Asset has ranged from 0.14 to 0.29 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.58, Saul Centers 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 REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 934 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. Saul Centers's current Equity-to-Asset of 0.14 is 75.9% 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 Saul Centers and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Equity-to-Asset is 0.14, which is 39% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $42.03, compared to a current price of $36.59 — trading 12.9% below its estimated fair value. The current Equity-to-Asset is 0.14, which is 39% below median its 10-year median of 0.23 and 75.9% below the REITs industry median of 0.58. Saul Centers' overall GF Score™ is 78/100 with 9 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 Saul Centers (BFS), the current Equity-to-Asset is 0.14 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 Saul Centers (BFS) Overvalued in 2026?

Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued. The current stock price of $36.59 is trading 12.9% below its estimated GF Value™ of $42.03. GuruFocus considers Saul Centers to be Modestly Undervalued.

Key valuation signals for BFS:

  • Equity-to-Asset: 0.14 (39% below median its 10-year median of 0.23)
  • GF Value™: $42.03 vs. price of $36.59 (12.9% below fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 75.9% below the REITs median (#897 of 934)

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


Saul Centers Business Description

Industry Real EstateREITs
Other Exchanges BFSpE.PFD:USABFSpD.PFD:USA
Address 7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
78GF Score

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

$36.59
Price
$42.03
GF Value