Ichitan Group PCLBKK:ICHI-R 94 Equity-to-Asset is 0.82 as of Mar. 2026, which is 1% above its 10-year median of 0.81. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.14. The stock has 7 warning signs investors should review. Among 117 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks better than 90.6% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ichitan Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿5,932 Mil. Ichitan Group PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿7,197 Mil.
Therefore, Ichitan Group PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.82.
The historical rank and industry rank for Ichitan Group PCL's Equity-to-Asset or its related term are showing as below:
BKK:ICHI-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.81 Max: 0.87
Current: 0.82
During the past 13 years, the highest Equity to Asset Ratio of Ichitan Group PCL was 0.87. The lowest was 0.66. And the median was 0.81.
BKK:ICHI-R's Equity-to-Asset is ranked better than 90.6% of 117
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.61
vs BKK:ICHI-R: 0.82
Ichitan Group PCL (BKK:ICHI-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%.
Ichitan Group PCL Equity-to-Asset Related Terms
Ichitan Group PCL Equity-to-Asset Historical Data
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The historical data trend for Ichitan Group 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:ICHI-R vs KO, PEP, MNST: Equity-to-Asset Comparison
For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL Equity-to-Asset vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ichitan Group 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.
Ichitan Group PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Ichitan Group PCL (BKK:ICHI-R) has a Equity-to-Asset of 0.82 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ichitan Group PCL and its competitors. This is near median its historical median of 0.81. Over the past decade, Ichitan Group PCL's Equity-to-Asset has ranged from 0.66 to 0.87. According to the industry distribution chart, Ichitan Group PCL ranks #11 out of 117 companies in the Beverages - Non-Alcoholic industry, placing it in the top 9.4%.
Is Ichitan Group PCL's Equity-to-Asset too high?
Ichitan Group PCL's current Equity-to-Asset of 0.82 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 0.87. The Beverages - Non-Alcoholic industry median Equity-to-Asset is 0.61. Ichitan Group PCL's value of 0.82 is 34.4% above this industry median. Based on the distribution chart, Ichitan Group PCL ranks #11 out of 117 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Equity-to-Asset compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #11 out of 117 companies for Equity-to-Asset. This places Ichitan Group PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.61. Ichitan Group PCL's value of 0.82 is 34.4% above this benchmark. Historically, Ichitan Group PCL's own Equity-to-Asset has ranged from 0.66 to 0.87 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.61, Ichitan Group 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 a Beverages - Non-Alcoholic company?
The median Equity-to-Asset among Beverages - Non-Alcoholic companies is 0.61, based on 117 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. Ichitan Group PCL's current Equity-to-Asset of 0.82 is 34.4% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Equity-to-Asset is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Equity-to-Asset is 0.82, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Equity-to-Asset of 0.82. The stock's GF Value™ is ฿11.14, compared to a current price of ฿10.60 — trading 4.8% below its estimated fair value. The current Equity-to-Asset is 0.82, which is near median its 10-year median of 0.81 and 34.4% above the Beverages - Non-Alcoholic industry median of 0.61. Ichitan Group PCL's overall GF Score™ is 94/100 with 7 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 Ichitan Group PCL (BKK:ICHI-R), the current Equity-to-Asset is 0.82 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 4.8% below its estimated GF Value™ of ฿11.14.
Key valuation signals for BKK:ICHI-R:
Equity-to-Asset: 0.82 (near median its 10-year median of 0.81)
GF Value™: ฿11.14 vs. price of ฿10.60 (4.8% below fair value)
Industry Position: 34.4% above the Beverages - Non-Alcoholic median (#11 of 117)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
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