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Ananda Development PCLBKK:ANAN-R 35 Equity-to-Asset is 0.43 as of Jun. 2026, which is 16% above its 10-year median of 0.37. GuruFocus rates BKK:ANAN-R with a GF Score™ of 35/100 and a GF Value™ of ฿0.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, Ananda Development PCL ranks worse than 51.39% on this metric.
Ananda Development PCL (BKK:ANAN-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%.
Ananda Development PCL Equity-to-Asset Related Terms
Ananda Development PCL Equity-to-Asset Historical Data
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The historical data trend for Ananda Development 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.
Ananda Development PCL Equity-to-Asset Competitor Comparison
For the Real Estate - Development subindustry, Ananda Development 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.
Ananda Development PCL Equity-to-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ananda Development PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ananda Development PCL's Equity-to-Asset falls into.
Ananda Development 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.
Ananda Development 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.
Ananda Development PCL (BKK:ANAN-R) has a Equity-to-Asset of 0.43 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ananda Development PCL and its competitors. This is 16% above median its historical median of 0.37. Over the past decade, Ananda Development PCL's Equity-to-Asset has ranged from 0.28 to 0.45. According to the industry distribution chart, Ananda Development PCL ranks #925 out of 1800 companies in the Real Estate industry, placing it in the top 51.4%.
Is Ananda Development PCL's Equity-to-Asset too high?
Ananda Development PCL's current Equity-to-Asset of 0.43 is 16% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.45. The Real Estate industry median Equity-to-Asset is 0.44. Ananda Development PCL's value of 0.43 is 2.3% below this industry median. Based on the distribution chart, Ananda Development PCL ranks #925 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ananda Development PCL has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ananda Development PCL's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, Ananda Development PCL ranks #925 out of 1800 companies for Equity-to-Asset. This places Ananda Development PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Ananda Development PCL's value of 0.43 is 2.3% below this benchmark. Historically, Ananda Development PCL's own Equity-to-Asset has ranged from 0.28 to 0.45 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.44, Ananda Development 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.44, based on 1,800 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. Ananda Development PCL's current Equity-to-Asset of 0.43 is 2.3% 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 Ananda Development PCL and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ananda Development PCL's current Equity-to-Asset is 0.43, which is 16% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Ananda Development PCL (BKK:ANAN-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.70, compared to a current price of ฿0.32 — trading 54.3% below its estimated fair value. The current Equity-to-Asset is 0.43, which is 16% above median its 10-year median of 0.37 and 2.3% below the Real Estate industry median of 0.44. Ananda Development PCL's overall GF Score™ is 35/100 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 Ananda Development PCL (BKK:ANAN-R), the current Equity-to-Asset is 0.43 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 Ananda Development PCL (BKK:ANAN-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ananda Development PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 54.3% below its estimated GF Value™ of ฿0.70.
GuruFocus considers Ananda Development PCL to be Possible Value Trap.
Key valuation signals for BKK:ANAN-R:
Equity-to-Asset: 0.43 (16% above median its 10-year median of 0.37)
GF Value™: ฿0.70 vs. price of ฿0.32 (54.3% below fair value)
Industry Position: 2.3% below the Real Estate median (#925 of 1800)
No single metric tells the full story. See the BKK:ANAN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ananda Development PCL is engaged in developing and selling real estate, providing house construction services, and managing real estate development projects. Along with its subsidiaries, the company's reportable segments are as follows: the Real estate development segment, which develops all types of real estate projects; the Management of real estate development projects segment, which provides management services for real estate projects; the Service apartments segment; and Other segments, which include services relating to real estate brokerage, among other things. A majority of its revenue is generated from the Real estate segment. Geographically, the company mainly operates in Thailand.
35GF Score
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