Eastern Technical Engineering PCL (BKK:ETE-R) Equity-to-Asset: 0.42 (As of Mar. 2026) — Near Median

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BKK:ETE-R Eastern Technical Engineering PCL BKK:ETE-R
42 GF Score
Price ฿0.69
GF Value ฿0.98
! 6 Warning Signs
View Full Analysis

What is Eastern Technical Engineering PCL Equity-to-Asset?

Eastern Technical Engineering PCL BKK:ETE-R 42 Equity-to-Asset is 0.42 as of Mar. 2026, which is 8% above its 10-year median of 0.39. GuruFocus rates BKK:ETE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.98. The stock has 6 warning signs investors should review. Among 559 Conglomerates companies, Eastern Technical Engineering PCL ranks worse than 55.1% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eastern Technical Engineering PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿946 Mil. Eastern Technical Engineering PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿2,250 Mil. Therefore, Eastern Technical Engineering PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.42.

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

BKK:ETE-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.39   Max: 0.49
Current: 0.42

During the past 12 years, the highest Equity to Asset Ratio of Eastern Technical Engineering PCL was 0.49. The lowest was 0.12. And the median was 0.39.

BKK:ETE-R's Equity-to-Asset is ranked worse than
55.1% of 559 companies
in the Conglomerates industry
Industry Median: 0.45 vs BKK:ETE-R: 0.42

Eastern Technical Engineering PCL  (BKK:ETE-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%.


Eastern Technical Engineering PCL Equity-to-Asset Related Terms


Eastern Technical Engineering PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Eastern Technical Engineering 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.

Eastern Technical Engineering PCL Equity-to-Asset Chart

Eastern Technical Engineering 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 0.47 0.42 0.39 0.39 0.42

Eastern Technical Engineering 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 0.40 0.41 0.41 0.42 0.42

BKK:ETE-R vs MMM, HON: Equity-to-Asset Comparison

For the Conglomerates subindustry, Eastern Technical Engineering 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.


Eastern Technical Engineering PCL Equity-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eastern Technical Engineering PCL's Equity-to-Asset distribution charts can be found below:

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


BKK:ETE-R
42GF Score
Eastern Technical Engineering PCL BKK:ETE-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Technical Engineering 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.

Eastern Technical Engineering 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
=936.57/2239.686
=0.42

Eastern Technical Engineering 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
=946.086/2249.566
=0.42

* 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 0.42 mean?
Eastern Technical Engineering PCL (BKK:ETE-R) has a Equity-to-Asset of 0.42 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Eastern Technical Engineering PCL and its competitors. This is near median its historical median of 0.39. Over the past decade, Eastern Technical Engineering PCL's Equity-to-Asset has ranged from 0.12 to 0.49. According to the industry distribution chart, Eastern Technical Engineering PCL ranks #308 out of 559 companies in the Conglomerates industry, placing it in the top 55.1%.
Is Eastern Technical Engineering PCL's Equity-to-Asset too high?
Eastern Technical Engineering PCL's current Equity-to-Asset of 0.42 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.49. The Conglomerates industry median Equity-to-Asset is 0.45. Eastern Technical Engineering PCL's value of 0.42 is 6.7% below this industry median. Based on the distribution chart, Eastern Technical Engineering PCL ranks #308 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Eastern Technical Engineering PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Technical Engineering PCL's Equity-to-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Eastern Technical Engineering PCL ranks #308 out of 559 companies for Equity-to-Asset. This places Eastern Technical Engineering PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Eastern Technical Engineering PCL's value of 0.42 is 6.7% below this benchmark. Historically, Eastern Technical Engineering PCL's own Equity-to-Asset has ranged from 0.12 to 0.49 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.45, Eastern Technical Engineering 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 559 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. Eastern Technical Engineering PCL's current Equity-to-Asset of 0.42 is 6.7% 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 Eastern Technical Engineering PCL and its competitors. For the Conglomerates 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. Eastern Technical Engineering PCL's current Equity-to-Asset is 0.42, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Technical Engineering PCL stock overvalued right now?
Eastern Technical Engineering PCL (BKK:ETE-R) has a current Equity-to-Asset of 0.42. The stock's GF Value™ is ฿0.98, compared to a current price of ฿0.69 — trading 29.6% below its estimated fair value. The current Equity-to-Asset is 0.42, which is near median its 10-year median of 0.39 and 6.7% below the Conglomerates industry median of 0.45. Eastern Technical Engineering PCL's overall GF Score™ is 42/100 with 6 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 Eastern Technical Engineering PCL (BKK:ETE-R), the current Equity-to-Asset is 0.42 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 Eastern Technical Engineering PCL (BKK:ETE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Technical Engineering PCL stock appears to be undervalued. The current stock price of ฿0.69 is trading 29.6% below its estimated GF Value™ of ฿0.98.

Key valuation signals for BKK:ETE-R:

  • Equity-to-Asset: 0.42 (near median its 10-year median of 0.39)
  • GF Value™: ฿0.98 vs. price of ฿0.69 (29.6% below fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 6.7% below the Conglomerates median (#308 of 559)

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


Eastern Technical Engineering PCL Business Description

Other Exchanges ETE:Thailand
Address 88 Soi. Yothinpattana, Klongchan Sub-district, Bangkapi District, Bangkok, THA, 10240
Eastern Technical Engineering PCL operates management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other services. Its segments include the business of management service, the business of construction service, the business of renewable energy, the business of sale of goods and other services. It operates in a single geographic area, namely in Thailand.
42GF Score

Get the complete analysis for BKK:ETE-R

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

฿0.69
Price
฿0.98
GF Value