City Steel PCLBKK:CITY-R 50 Equity-to-Asset is 0.98 as of Oct. 2025, which is 1% below its 10-year median of 0.99. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.70. The stock has 2 warning signs investors should review. Among 3,072 Industrial Products companies, City Steel PCL ranks better than 99.48% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. City Steel PCL's Total Stockholders Equity for the quarter that ended in Oct. 2025 was ฿1,229.16 Mil. City Steel PCL's Total Assets for the quarter that ended in Oct. 2025 was ฿1,250.52 Mil.
Therefore, City Steel PCL's Equity to Asset Ratio for the quarter that ended in Oct. 2025 was 0.98.
The historical rank and industry rank for City Steel PCL's Equity-to-Asset or its related term are showing as below:
BKK:CITY-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96 Med: 0.99 Max: 0.99
Current: 0.98
During the past 13 years, the highest Equity to Asset Ratio of City Steel PCL was 0.99. The lowest was 0.96. And the median was 0.99.
BKK:CITY-R's Equity-to-Asset is ranked better than 99.48% of 3072
companies
in the Industrial Products industry
Industry Median: 0.57
vs BKK:CITY-R: 0.98
City Steel PCL (BKK:CITY-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%.
City Steel PCL Equity-to-Asset Related Terms
City Steel PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for City Steel 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.
BKK:CITY-R vs CRS, ATI, MLI: Equity-to-Asset Comparison
For the Metal Fabrication subindustry, City Steel 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.
City Steel PCL Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, City Steel PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where City Steel PCL's Equity-to-Asset falls into.
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.
City Steel PCL's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
City Steel PCL (BKK:CITY-R) has a Equity-to-Asset of 0.98 as of Oct. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on City Steel PCL and its competitors. This is near median its historical median of 0.99. Over the past decade, City Steel PCL's Equity-to-Asset has ranged from 0.96 to 0.99. According to the industry distribution chart, City Steel PCL ranks #16 out of 3072 companies in the Industrial Products industry, placing it in the top 0.5%.
Is City Steel PCL's Equity-to-Asset too high?
City Steel PCL's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 0.99. The Industrial Products industry median Equity-to-Asset is 0.57. City Steel PCL's value of 0.98 is 71.9% above this industry median. Based on the distribution chart, City Steel PCL ranks #16 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's Equity-to-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #16 out of 3072 companies for Equity-to-Asset. This places City Steel PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.57. City Steel PCL's value of 0.98 is 71.9% above this benchmark. Historically, City Steel PCL's own Equity-to-Asset has ranged from 0.96 to 0.99 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.57, City Steel PCL 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 an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,072 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. City Steel PCL's current Equity-to-Asset of 0.98 is 71.9% 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 City Steel PCL and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Steel PCL's current Equity-to-Asset is 0.98, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
City Steel PCL (BKK:CITY-R) has a current Equity-to-Asset of 0.98. The stock's GF Value™ is ฿1.70, compared to a current price of ฿1.36 — trading 20% below its estimated fair value. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.99 and 71.9% above the Industrial Products industry median of 0.57. City Steel PCL's overall GF Score™ is 50/100 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 City Steel PCL (BKK:CITY-R), the current Equity-to-Asset is 0.98 as of Oct. 2025. 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?
Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued.
The current stock price of ฿1.36 is trading 20% below its estimated GF Value™ of ฿1.70.
Key valuation signals for BKK:CITY-R:
Equity-to-Asset: 0.98 (near median its 10-year median of 0.99)
GF Value™: ฿1.70 vs. price of ฿1.36 (20% below fair value)
Industry Position: 71.9% above the Industrial Products median (#16 of 3072)
No single metric tells the full story. See the BKK:CITY-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score
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