Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AJ Advance Technology PCLBKK:AJA-R 31 Equity-to-Asset is 0.81 as of Jun. 2026, which is 1% below its 10-year median of 0.82. GuruFocus rates BKK:AJA-R with a GF Score™ of 31/100 and a GF Value™ of ฿0.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,500 Hardware companies, AJ Advance Technology PCL ranks better than 87.6% on this metric.
AJ Advance Technology PCL (BKK:AJA-R) 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%.
AJ Advance Technology PCL Equity-to-Asset Related Terms
AJ Advance Technology 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.
BKK:AJA-R vs SNX, ARW, AVT: Equity-to-Asset Comparison
For the Electronics & Computer Distribution subindustry, AJ Advance Technology 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.
AJ Advance Technology PCL Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, AJ Advance Technology PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where AJ Advance Technology PCL's Equity-to-Asset falls into.
AJ Advance Technology 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.
AJ Advance Technology 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.
AJ Advance Technology PCL (BKK:AJA-R) has a Equity-to-Asset of 0.81 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on AJ Advance Technology PCL and its competitors. This is near median its historical median of 0.82. Over the past decade, AJ Advance Technology PCL's Equity-to-Asset has ranged from 0.45 to 0.88. According to the industry distribution chart, AJ Advance Technology PCL ranks #310 out of 2500 companies in the Hardware industry, placing it in the top 12.4%.
Is AJ Advance Technology PCL's Equity-to-Asset too high?
AJ Advance Technology PCL's current Equity-to-Asset of 0.81 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.88. The Hardware industry median Equity-to-Asset is 0.56. AJ Advance Technology PCL's value of 0.81 is 44.6% above this industry median. Based on the distribution chart, AJ Advance Technology PCL ranks #310 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, AJ Advance Technology PCL has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AJ Advance Technology PCL's Equity-to-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, AJ Advance Technology PCL ranks #310 out of 2500 companies for Equity-to-Asset. This places AJ Advance Technology PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. AJ Advance Technology PCL's value of 0.81 is 44.6% above this benchmark. Historically, AJ Advance Technology PCL's own Equity-to-Asset has ranged from 0.45 to 0.88 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.56, AJ Advance Technology 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 a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,500 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. AJ Advance Technology PCL's current Equity-to-Asset of 0.81 is 44.6% 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 AJ Advance Technology PCL and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Advance Technology PCL's current Equity-to-Asset is 0.81, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Advance Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, AJ Advance Technology PCL (BKK:AJA-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.13, compared to a current price of ฿0.11 — trading 15.4% below its estimated fair value. The current Equity-to-Asset is 0.81, which is near median its 10-year median of 0.82 and 44.6% above the Hardware industry median of 0.56. AJ Advance Technology PCL's overall GF Score™ is 31/100 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 AJ Advance Technology PCL (BKK:AJA-R), the current Equity-to-Asset is 0.81 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 AJ Advance Technology PCL (BKK:AJA-R) Overvalued in 2026?
Based on GuruFocus' analysis, AJ Advance Technology PCL stock appears to be undervalued.
The current stock price of ฿0.11 is trading 15.4% below its estimated GF Value™ of ฿0.13.
GuruFocus considers AJ Advance Technology PCL to be Modestly Undervalued.
Key valuation signals for BKK:AJA-R:
Equity-to-Asset: 0.81 (near median its 10-year median of 0.82)
GF Value™: ฿0.13 vs. price of ฿0.11 (15.4% below fair value)
Industry Position: 44.6% above the Hardware median (#310 of 2500)
No single metric tells the full story. See the BKK:AJA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provides service to member relating access of website of such company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. Its segments include Retailing and wholesaling of electric appliances, including parts; Retailing of shoe; Sale of electric motorcycle; Mining digital assets; Sale chemical organic fertilizer; and Others. It derives majority of the revenue from Retailing of shoe segment. The group is managed and operates principally in Thailand.
31GF Score
Get the complete analysis for BKK:AJA-R
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:AJA-R has been successfully added to your 
