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More Return PCLBKK:MORE-R -16.67%40 Equity-to-Asset is 1.05 as of Jun. 2026, which is 59% above its 10-year median of 0.66. GuruFocus rates BKK:MORE-R with a GF Score™ of 40/100 and a GF Value™ of ฿0.04. The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, More Return PCL ranks better than 99.61% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. More Return PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,032.60 Mil. More Return PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿985.47 Mil.
Therefore, More Return PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 1.05.
The historical rank and industry rank for More Return PCL's Equity-to-Asset or its related term are showing as below:
BKK:MORE-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.66 Max: 1.06
Current: 1.05
During the past 13 years, the highest Equity to Asset Ratio of More Return PCL was 1.06. The lowest was 0.18. And the median was 0.66.
BKK:MORE-R's Equity-to-Asset is ranked better than 99.61% of 510
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs BKK:MORE-R: 1.05
More Return PCL (BKK:MORE-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%.
More Return PCL Equity-to-Asset Related Terms
More Return PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for More Return 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:MORE-R vs AWK, WTRG, AWR: Equity-to-Asset Comparison
For the Utilities - Regulated Water subindustry, More Return 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.
More Return PCL Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, More Return PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where More Return 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.
More Return 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.
More Return PCL (BKK:MORE-R) has a Equity-to-Asset of 1.05 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on More Return PCL and its competitors. This is 59% above median its historical median of 0.66. Over the past decade, More Return PCL's Equity-to-Asset has ranged from 0.18 to 1.06. According to the industry distribution chart, More Return PCL ranks #2 out of 510 companies in the Utilities - Regulated industry, placing it in the top 0.40000000000001%.
Is More Return PCL's Equity-to-Asset too high?
More Return PCL's current Equity-to-Asset of 1.05 is 59% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.06. The Utilities - Regulated industry median Equity-to-Asset is 0.36. More Return PCL's value of 1.05 is 191.7% above this industry median. Based on the distribution chart, More Return PCL ranks #2 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, More Return PCL has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does More Return PCL's Equity-to-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, More Return PCL ranks #2 out of 510 companies for Equity-to-Asset. This places More Return PCL in the top 0% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.36. More Return PCL's value of 1.05 is 191.7% above this benchmark. Historically, More Return PCL's own Equity-to-Asset has ranged from 0.18 to 1.06 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.36, More Return 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 Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 510 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. More Return PCL's current Equity-to-Asset of 1.05 is 191.7% 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 More Return PCL and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. More Return PCL's current Equity-to-Asset is 1.05, which is 59% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
More Return PCL (BKK:MORE-R) has a current Equity-to-Asset of 1.05. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.10 — trading 150% above its estimated fair value. The current Equity-to-Asset is 1.05, which is 59% above median its 10-year median of 0.66 and 191.7% above the Utilities - Regulated industry median of 0.36. More Return PCL's overall GF Score™ is 40/100 with 5 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 More Return PCL (BKK:MORE-R), the current Equity-to-Asset is 1.05 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 More Return PCL (BKK:MORE-R) Overvalued in 2026?
Based on GuruFocus' analysis, More Return PCL stock appears to be overvalued.
The current stock price of ฿0.10 is trading 150% above its estimated GF Value™ of ฿0.04.
Key valuation signals for BKK:MORE-R:
Equity-to-Asset: 1.05 (59% above median its 10-year median of 0.66)
GF Value™: ฿0.04 vs. price of ฿0.10 (150% above fair value)
Industry Position: 191.7% above the Utilities - Regulated median (#2 of 510)
No single metric tells the full story. See the BKK:MORE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.
40GF Score
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