ALT Telecom PCL (BKK:ALT-R) Equity-to-Asset: 0.39 (As of Jun. 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:ALT-R ALT Telecom PCL BKK:ALT-R
60 GF Score
Price ฿1.69
GF Value ฿0.78
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is ALT Telecom PCL Equity-to-Asset?

ALT Telecom PCL BKK:ALT-R +0.25% 60 Equity-to-Asset is 0.39 as of Jun. 2026, which is 20% below its 10-year median of 0.49. GuruFocus rates BKK:ALT-R with a GF Score™ of 60/100 and a GF Value™ of ฿0.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,500 Hardware companies, ALT Telecom PCL ranks worse than 73.72% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ALT Telecom PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,712 Mil. ALT Telecom PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿4,399 Mil. Therefore, ALT Telecom PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.39.

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

BKK:ALT-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.49   Max: 0.67
Current: 0.39

During the past 12 years, the highest Equity to Asset Ratio of ALT Telecom PCL was 0.67. The lowest was 0.37. And the median was 0.49.

BKK:ALT-R's Equity-to-Asset is ranked worse than
73.72% of 2500 companies
in the Hardware industry
Industry Median: 0.56 vs BKK:ALT-R: 0.39

ALT Telecom PCL  (BKK:ALT-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%.


ALT Telecom PCL Equity-to-Asset Related Terms


ALT Telecom PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for ALT Telecom PCL'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.

ALT Telecom PCL Equity-to-Asset Chart

ALT Telecom PCL 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 0.63 0.53 0.44 0.38 0.39

ALT Telecom PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.40 0.39 0.39 0.39

BKK:ALT-R vs CSCO, MSI, HPE: Equity-to-Asset Comparison

For the Communication Equipment subindustry, ALT Telecom 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.


ALT Telecom PCL Equity-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, ALT Telecom PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ALT Telecom PCL's Equity-to-Asset falls into.


BKK:ALT-R
60GF Score
ALT Telecom PCL BKK:ALT-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALT Telecom 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.

ALT Telecom PCL'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
=1685.849/4303.591
=0.39

ALT Telecom PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=1711.911/4399.315
=0.39

* 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 0.39 mean?
ALT Telecom PCL (BKK:ALT-R) has a Equity-to-Asset of 0.39 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on ALT Telecom PCL and its competitors. This is 20% below median its historical median of 0.49. Over the past decade, ALT Telecom PCL's Equity-to-Asset has ranged from 0.37 to 0.67. According to the industry distribution chart, ALT Telecom PCL ranks #1843 out of 2500 companies in the Hardware industry, placing it in the top 73.7%.
Is ALT Telecom PCL's Equity-to-Asset too high?
ALT Telecom PCL's current Equity-to-Asset of 0.39 is 20% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.67. The Hardware industry median Equity-to-Asset is 0.56. ALT Telecom PCL's value of 0.39 is 30.4% below this industry median. Based on the distribution chart, ALT Telecom PCL ranks #1843 out of 2500 companies in the Hardware industry, which is below the industry midpoint. Overall, ALT Telecom PCL has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALT Telecom PCL's Equity-to-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, ALT Telecom PCL ranks #1843 out of 2500 companies for Equity-to-Asset. This places ALT Telecom PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.56. ALT Telecom PCL's value of 0.39 is 30.4% below this benchmark. Historically, ALT Telecom PCL's own Equity-to-Asset has ranged from 0.37 to 0.67 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.56, ALT Telecom PCL 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 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. ALT Telecom PCL's current Equity-to-Asset of 0.39 is 30.4% 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 ALT Telecom 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. ALT Telecom PCL's current Equity-to-Asset is 0.39, which is 20% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALT Telecom PCL stock overvalued right now?
Based on GuruFocus' analysis, ALT Telecom PCL (BKK:ALT-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.78, compared to a current price of ฿1.69 — trading 117.1% above its estimated fair value. The current Equity-to-Asset is 0.39, which is 20% below median its 10-year median of 0.49 and 30.4% below the Hardware industry median of 0.56. ALT Telecom PCL's overall GF Score™ is 60/100 with 2 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 ALT Telecom PCL (BKK:ALT-R), the current Equity-to-Asset is 0.39 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 ALT Telecom PCL (BKK:ALT-R) Overvalued in 2026?

Based on GuruFocus' analysis, ALT Telecom PCL stock appears to be overvalued. The current stock price of ฿1.69 is trading 117.1% above its estimated GF Value™ of ฿0.78. GuruFocus considers ALT Telecom PCL to be Significantly Overvalued.

Key valuation signals for BKK:ALT-R:

  • Equity-to-Asset: 0.39 (20% below median its 10-year median of 0.49)
  • GF Value™: ฿0.78 vs. price of ฿1.69 (117.1% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 30.4% below the Hardware median (#1843 of 2500)

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


ALT Telecom PCL Business Description

Other Exchanges ALT:Thailand
Address 52/1 Moo 5, Bangkruay-Sainoi Road, Bangsithong, Bangkruay, Nonthaburi, THA, 11130
ALT Telecom PCL operates in Thailand's telecommunications sector. Its business involves the provision of telecommunication services through base stations and equipment products. The company, in association with its subsidiaries, provides sales, installation, maintenance, and network rental for telecommunication networks; manufactures, assembles, and distributes electricity meters; and sells, installs, and rents solar cells. The group has three reportable segments: Network equipment, electricity meter, and solar cell distribution; Network Equipment Installation; and Network equipment rental business. Maximum revenue is generated from the Network Equipment Installation segment. Geographically, the group operates only in Thailand.
60GF Score

Get the complete analysis for BKK:ALT-R

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

฿1.69
Price
฿0.78
GF Value