Asia Precision PCL (BKK:APCS) Equity-to-Asset: 0.44 (As of Mar. 2026) — 14% Below Median

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BKK:APCS Asia Precision PCL BKK:APCS
53 GF Score
Price ฿1.26
GF Value ฿1.07
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asia Precision PCL Equity-to-Asset?

Asia Precision PCL BKK:APCS +0.80% 53 Equity-to-Asset is 0.44 as of Mar. 2026, which is 14% below its 10-year median of 0.51. GuruFocus rates BKK:APCS with a GF Score™ of 53/100 and a GF Value™ of ฿1.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,781 Construction companies, Asia Precision PCL ranks worse than 51.21% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Precision PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿1,130.7 Mil. Asia Precision PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿2,573.1 Mil. Therefore, Asia Precision PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.44.

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

BKK:APCS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.51   Max: 0.71
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Asia Precision PCL was 0.71. The lowest was 0.40. And the median was 0.51.

BKK:APCS's Equity-to-Asset is ranked worse than
51.21% of 1781 companies
in the Construction industry
Industry Median: 0.45 vs BKK:APCS: 0.44

Asia Precision PCL  (BKK:APCS) 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%.


Asia Precision PCL Equity-to-Asset Related Terms


Asia Precision PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Asia Precision 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.

Asia Precision PCL Equity-to-Asset Chart

Asia Precision 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 0.55 0.40 0.47 0.50 0.46

Asia Precision PCL 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 0.50 0.50 0.50 0.46 0.44

BKK:APCS vs PWR, FIX, EME: Equity-to-Asset Comparison

For the Engineering & Construction subindustry, Asia Precision 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.


Asia Precision PCL Equity-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Asia Precision PCL's Equity-to-Asset distribution charts can be found below:

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


BKK:APCS
53GF Score
Asia Precision PCL BKK:APCS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Precision 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.

Asia Precision 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
=1214.478/2645.139
=0.46

Asia Precision PCL'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
=1130.742/2573.072
=0.44

* 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 0.44 mean?
Asia Precision PCL (BKK:APCS) has a Equity-to-Asset of 0.44 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Asia Precision PCL and its competitors. This is 14% below median its historical median of 0.51. Over the past decade, Asia Precision PCL's Equity-to-Asset has ranged from 0.40 to 0.71. According to the industry distribution chart, Asia Precision PCL ranks #912 out of 1781 companies in the Construction industry, placing it in the top 51.2%.
Is Asia Precision PCL's Equity-to-Asset too high?
Asia Precision PCL's current Equity-to-Asset of 0.44 is 14% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.71. The Construction industry median Equity-to-Asset is 0.45. Asia Precision PCL's value of 0.44 is 2.2% below this industry median. Based on the distribution chart, Asia Precision PCL ranks #912 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Asia Precision PCL has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Precision PCL ranks #912 out of 1781 companies for Equity-to-Asset. This places Asia Precision PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Asia Precision PCL's value of 0.44 is 2.2% below this benchmark. Historically, Asia Precision PCL's own Equity-to-Asset has ranged from 0.40 to 0.71 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.45, Asia Precision 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,781 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. Asia Precision PCL's current Equity-to-Asset of 0.44 is 2.2% 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 Asia Precision PCL and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Precision PCL's current Equity-to-Asset is 0.44, which is 14% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.07, compared to a current price of ฿1.26 — trading 17.8% above its estimated fair value. The current Equity-to-Asset is 0.44, which is 14% below median its 10-year median of 0.51 and 2.2% below the Construction industry median of 0.45. Asia Precision PCL's overall GF Score™ is 53/100 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 Asia Precision PCL (BKK:APCS), the current Equity-to-Asset is 0.44 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 Asia Precision PCL (BKK:APCS) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued. The current stock price of ฿1.26 is trading 17.8% above its estimated GF Value™ of ฿1.07. GuruFocus considers Asia Precision PCL to be Modestly Overvalued.

Key valuation signals for BKK:APCS:

  • Equity-to-Asset: 0.44 (14% below median its 10-year median of 0.51)
  • GF Value™: ฿1.07 vs. price of ฿1.26 (17.8% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 2.2% below the Construction median (#912 of 1781)

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


Asia Precision PCL Business Description

Address Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
53GF Score

Get the complete analysis for BKK:APCS

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

฿1.26
Price
฿1.07
GF Value