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Modernform Group PCLBKK:MODERN 62 Equity-to-Asset is 0.65 as of Jun. 2026, which is 3% below its 10-year median of 0.67. GuruFocus rates BKK:MODERN with a GF Score™ of 62/100 and a GF Value™ of ฿2.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 65.45% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Modernform Group PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿2,025 Mil. Modernform Group PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿3,111 Mil.
Therefore, Modernform Group PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.65.
The historical rank and industry rank for Modernform Group PCL's Equity-to-Asset or its related term are showing as below:
BKK:MODERN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.67 Max: 0.71
Current: 0.65
During the past 13 years, the highest Equity to Asset Ratio of Modernform Group PCL was 0.71. The lowest was 0.61. And the median was 0.67.
BKK:MODERN's Equity-to-Asset is ranked better than 65.45% of 437
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56
vs BKK:MODERN: 0.65
Modernform Group PCL (BKK:MODERN) 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%.
Modernform Group PCL Equity-to-Asset Related Terms
Modernform Group PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Modernform 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:MODERN vs SN, SGI, MHK: Equity-to-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Modernform 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.
Modernform Group PCL Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Modernform 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.
Modernform 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.
Modernform Group PCL (BKK:MODERN) has a Equity-to-Asset of 0.65 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Modernform Group PCL and its competitors. This is near median its historical median of 0.67. Over the past decade, Modernform Group PCL's Equity-to-Asset has ranged from 0.61 to 0.71. According to the industry distribution chart, Modernform Group PCL ranks #151 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 34.6%.
Is Modernform Group PCL's Equity-to-Asset too high?
Modernform Group PCL's current Equity-to-Asset of 0.65 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.71. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.56. Modernform Group PCL's value of 0.65 is 16.1% above this industry median. Based on the distribution chart, Modernform Group PCL ranks #151 out of 437 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Equity-to-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #151 out of 437 companies for Equity-to-Asset. This puts Modernform Group PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Modernform Group PCL's value of 0.65 is 16.1% above this benchmark. Historically, Modernform Group PCL's own Equity-to-Asset has ranged from 0.61 to 0.71 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.56, Modernform 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 Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.56, based on 437 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. Modernform Group PCL's current Equity-to-Asset of 0.65 is 16.1% 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances 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. Modernform Group PCL's current Equity-to-Asset is 0.65, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.02, compared to a current price of ฿1.96 — trading 3% below its estimated fair value. The current Equity-to-Asset is 0.65, which is near median its 10-year median of 0.67 and 16.1% above the Furnishings, Fixtures & Appliances industry median of 0.56. Modernform Group PCL's overall GF Score™ is 62/100 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 Modernform Group PCL (BKK:MODERN), the current Equity-to-Asset is 0.65 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued.
The current stock price of ฿1.96 is trading 3% below its estimated GF Value™ of ฿2.02.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Equity-to-Asset: 0.65 (near median its 10-year median of 0.67)
GF Value™: ฿2.02 vs. price of ฿1.96 (3% below fair value)
Industry Position: 16.1% above the Furnishings, Fixtures & Appliances median (#151 of 437)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
62GF Score
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