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Absolute Clean Energy PCLBKK:ACE -0.76%84 Equity-to-Asset is 0.65 as of Jun. 2026, which is 7% below its 10-year median of 0.70. GuruFocus rates BKK:ACE with a GF Score™ of 84/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks better than 76.59% on this metric.
Absolute Clean Energy PCL (BKK:ACE) 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%.
Absolute Clean Energy PCL Equity-to-Asset Related Terms
Absolute Clean Energy PCL Equity-to-Asset Historical Data
* 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.
Absolute Clean Energy PCL Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Absolute Clean Energy PCL'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.
Absolute Clean Energy PCL Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Absolute Clean Energy PCL's Equity-to-Asset falls into.
Absolute Clean Energy PCL 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.
Absolute Clean Energy PCL'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.
Absolute Clean Energy PCL (BKK:ACE) has a Equity-to-Asset of 0.65 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Absolute Clean Energy PCL and its competitors. This is near median its historical median of 0.70. Over the past decade, Absolute Clean Energy PCL's Equity-to-Asset has ranged from 0.35 to 0.79. According to the industry distribution chart, Absolute Clean Energy PCL ranks #107 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.4%.
Is Absolute Clean Energy PCL's Equity-to-Asset too high?
Absolute Clean Energy PCL's current Equity-to-Asset of 0.65 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.79. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Absolute Clean Energy PCL's value of 0.65 is 58.5% above this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #107 out of 457 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Absolute Clean Energy PCL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #107 out of 457 companies for Equity-to-Asset. This places Absolute Clean Energy PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.41. Absolute Clean Energy PCL's value of 0.65 is 58.5% above this benchmark. Historically, Absolute Clean Energy PCL's own Equity-to-Asset has ranged from 0.35 to 0.79 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.41, Absolute Clean Energy PCL 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 Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 457 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. Absolute Clean Energy PCL's current Equity-to-Asset of 0.65 is 58.5% 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 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 Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Equity-to-Asset is 0.65, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.30 — trading 5.8% below its estimated fair value. The current Equity-to-Asset is 0.65, which is near median its 10-year median of 0.70 and 58.5% above the Utilities - Independent Power Producers industry median of 0.41. Absolute Clean Energy PCL's overall GF Score™ is 84/100 with 5 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 Absolute Clean Energy PCL (BKK:ACE), the current Equity-to-Asset is 0.65 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?
Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued.
The current stock price of ฿1.30 is trading 5.8% below its estimated GF Value™ of ฿1.38.
GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.
Key valuation signals for BKK:ACE:
Equity-to-Asset: 0.65 (near median its 10-year median of 0.70)
GF Value™: ฿1.38 vs. price of ฿1.30 (5.8% below fair value)
Industry Position: 58.5% above the Utilities - Independent Power Producers median (#107 of 457)
No single metric tells the full story. See the BKK:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
84GF Score
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