ASEFA PCL (BKK:ASEFA) Equity-to-Asset: 0.40 (As of Jun. 2026) — 38% 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:ASEFA ASEFA PCL BKK:ASEFA
64 GF Score
Price ฿5.80
GF Value ฿5.41
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is ASEFA PCL Equity-to-Asset?

ASEFA PCL BKK:ASEFA -1.69% 64 Equity-to-Asset is 0.40 as of Jun. 2026, which is 38% below its 10-year median of 0.64. GuruFocus rates BKK:ASEFA with a GF Score™ of 64/100 and a GF Value™ of ฿5.41 (Fairly Valued). The stock has 8 warning signs investors should review. Among 3,083 Industrial Products companies, ASEFA PCL ranks worse than 66.95% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ASEFA PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿2,034 Mil. ASEFA PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿5,136 Mil. Therefore, ASEFA PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.40.

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

BKK:ASEFA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.64   Max: 0.77
Current: 0.46

During the past 12 years, the highest Equity to Asset Ratio of ASEFA PCL was 0.77. The lowest was 0.45. And the median was 0.64.

BKK:ASEFA's Equity-to-Asset is ranked worse than
66.95% of 3083 companies
in the Industrial Products industry
Industry Median: 0.56 vs BKK:ASEFA: 0.46

ASEFA PCL  (BKK:ASEFA) 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%.


ASEFA PCL Equity-to-Asset Related Terms


ASEFA PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for ASEFA 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.

ASEFA PCL Equity-to-Asset Chart

ASEFA 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 0.66 0.55 0.48 0.55 0.45

ASEFA 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 0.54 0.49 0.45 0.46 0.40

BKK:ASEFA vs VRT, BE: Equity-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, ASEFA 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.


ASEFA PCL Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASEFA PCL's Equity-to-Asset distribution charts can be found below:

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


BKK:ASEFA
64GF Score
ASEFA PCL BKK:ASEFA
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASEFA 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.

ASEFA 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
=1982.974/4442.672
=0.45

ASEFA 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
=2033.696/5136.085
=0.40

* 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 0.40 mean?
ASEFA PCL (BKK:ASEFA) has a Equity-to-Asset of 0.40 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on ASEFA PCL and its competitors. This is 38% below median its historical median of 0.64. Over the past decade, ASEFA PCL's Equity-to-Asset has ranged from 0.45 to 0.77. According to the industry distribution chart, ASEFA PCL ranks #2064 out of 3083 companies in the Industrial Products industry, placing it in the top 66.9%.
Is ASEFA PCL's Equity-to-Asset too high?
ASEFA PCL's current Equity-to-Asset of 0.40 is 38% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.77. The Industrial Products industry median Equity-to-Asset is 0.56. ASEFA PCL's value of 0.40 is 28.6% below this industry median. Based on the distribution chart, ASEFA PCL ranks #2064 out of 3083 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ASEFA PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASEFA PCL's Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, ASEFA PCL ranks #2064 out of 3083 companies for Equity-to-Asset. This places ASEFA PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.56. ASEFA PCL's value of 0.40 is 28.6% below this benchmark. Historically, ASEFA PCL's own Equity-to-Asset has ranged from 0.45 to 0.77 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.56, ASEFA 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 an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,083 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. ASEFA PCL's current Equity-to-Asset of 0.40 is 28.6% 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 ASEFA PCL and its competitors. For the Industrial Products 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. ASEFA PCL's current Equity-to-Asset is 0.40, which is 38% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASEFA PCL stock overvalued right now?
Based on GuruFocus' analysis, ASEFA PCL (BKK:ASEFA) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.41, compared to a current price of ฿5.80 — trading 7.2% above its estimated fair value. The current Equity-to-Asset is 0.40, which is 38% below median its 10-year median of 0.64 and 28.6% below the Industrial Products industry median of 0.56. ASEFA PCL's overall GF Score™ is 64/100 with 8 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 ASEFA PCL (BKK:ASEFA), the current Equity-to-Asset is 0.40 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 ASEFA PCL (BKK:ASEFA) Overvalued in 2026?

Based on GuruFocus' analysis, ASEFA PCL stock appears to be overvalued. The current stock price of ฿5.80 is trading 7.2% above its estimated GF Value™ of ฿5.41. GuruFocus considers ASEFA PCL to be Fairly Valued.

Key valuation signals for BKK:ASEFA:

  • Equity-to-Asset: 0.40 (38% below median its 10-year median of 0.64)
  • GF Value™: ฿5.41 vs. price of ฿5.80 (7.2% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 28.6% below the Industrial Products median (#2064 of 3083)

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


ASEFA PCL Business Description

Address No.5 Moo 1 Rama 2 Road, Khokkrabue Subdistrict, Muang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard and trunking systems including procuring, distributing and integrated engineering services for electrical power distribution. It operates its business through segments that are Manufacturing, Trading, Services and maintenance and installation and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.
64GF Score

Get the complete analysis for BKK:ASEFA

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

฿5.80
Price
฿5.41
GF Value