Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Equity-to-Asset: 0.89 (As of Jun. 2026) — Near 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:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
86 GF Score
Price ฿13.20
GF Value ฿13.04
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Axtra Future City Freehold and Leasehold REIT Equity-to-Asset?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART +0.76% 86 Equity-to-Asset is 0.89 as of Jun. 2026, which is at its 10-year median of 0.89. GuruFocus rates BKK:AXTRART with a GF Score™ of 86/100 and a GF Value™ of ฿13.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 928 REITs companies, Axtra Future City Freehold and Leasehold REIT ranks better than 78.88% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Axtra Future City Freehold and Leasehold REIT's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿29,511 Mil. Axtra Future City Freehold and Leasehold REIT's Total Assets for the quarter that ended in Jun. 2026 was ฿33,055 Mil. Therefore, Axtra Future City Freehold and Leasehold REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.89.

The historical rank and industry rank for Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset or its related term are showing as below:

BKK:AXTRART' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88   Med: 0.89   Max: 0.9
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Axtra Future City Freehold and Leasehold REIT was 0.90. The lowest was 0.88. And the median was 0.89.

BKK:AXTRART's Equity-to-Asset is ranked better than
78.88% of 928 companies
in the REITs industry
Industry Median: 0.585 vs BKK:AXTRART: 0.89

Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) 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%.


Axtra Future City Freehold and Leasehold REIT Equity-to-Asset Related Terms


Axtra Future City Freehold and Leasehold REIT Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold REIT'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.

Axtra Future City Freehold and Leasehold REIT Equity-to-Asset Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.88 0.88 0.88 0.89

Axtra Future City Freehold and Leasehold REIT Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.89 0.89 0.89 0.89 0.89

BKK:AXTRART vs SPG, O, KIM: Equity-to-Asset Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold REIT'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.


Axtra Future City Freehold and Leasehold REIT Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset falls into.


BKK:AXTRART
86GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtra Future City Freehold and Leasehold REIT 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.

Axtra Future City Freehold and Leasehold REIT'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
=29425.475/33001.253
=0.89

Axtra Future City Freehold and Leasehold REIT'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
=29511.38/33055.351
=0.89

* 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 0.89 mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Equity-to-Asset of 0.89 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is near median its historical median of 0.89. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset has ranged from 0.88 to 0.90. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #196 out of 928 companies in the REITs industry, placing it in the top 21.1%.
Is Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset too high?
Axtra Future City Freehold and Leasehold REIT's current Equity-to-Asset of 0.89 is near median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 0.90. The REITs industry median Equity-to-Asset is 0.59. Axtra Future City Freehold and Leasehold REIT's value of 0.89 is 52.1% above this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #196 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Equity-to-Asset compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #196 out of 928 companies for Equity-to-Asset. This places Axtra Future City Freehold and Leasehold REIT in the top 21% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.59. Axtra Future City Freehold and Leasehold REIT's value of 0.89 is 52.1% above this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Equity-to-Asset has ranged from 0.88 to 0.90 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.59, Axtra Future City Freehold and Leasehold REIT 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 REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 928 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. Axtra Future City Freehold and Leasehold REIT's current Equity-to-Asset of 0.89 is 52.1% 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 Axtra Future City Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtra Future City Freehold and Leasehold REIT's current Equity-to-Asset is 0.89, which is near median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.04, compared to a current price of ฿13.20 — trading 1.2% above its estimated fair value. The current Equity-to-Asset is 0.89, which is near median its 10-year median of 0.89 and 52.1% above the REITs industry median of 0.59. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 86/100 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Equity-to-Asset is 0.89 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be overvalued. The current stock price of ฿13.20 is trading 1.2% above its estimated GF Value™ of ฿13.04. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • Equity-to-Asset: 0.89 (near median its 10-year median of 0.89)
  • GF Value™: ฿13.04 vs. price of ฿13.20 (1.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 52.1% above the REITs median (#196 of 928)

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


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
86GF Score

Get the complete analysis for BKK:AXTRART

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

฿13.20
Price
฿13.04
GF Value