Newcity (Bangkok) PCLBKK:NC-R 62 Equity-to-Asset is 0.61 as of Mar. 2026, which is 3% above its 10-year median of 0.59. GuruFocus rates BKK:NC-R with a GF Score™ of 62/100 and a GF Value™ of ฿2.35. The stock has 3 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Newcity (Bangkok) PCL ranks better than 73.24% on this metric.
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%.
Newcity (Bangkok) PCL Equity-to-Asset Related Terms
Newcity (Bangkok) PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Newcity (Bangkok) 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:NC-R vs TJX, ROST, BURL: Equity-to-Asset Comparison
For the Apparel Retail subindustry, Newcity (Bangkok) 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.
Newcity (Bangkok) PCL Equity-to-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Newcity (Bangkok) PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Newcity (Bangkok) 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.
Newcity (Bangkok) 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.
Newcity (Bangkok) PCL (BKK:NC-R) has a Equity-to-Asset of 0.61 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Newcity (Bangkok) PCL and its competitors. This is near median its historical median of 0.59. Over the past decade, Newcity (Bangkok) PCL's Equity-to-Asset has ranged from 0.49 to 0.64. According to the industry distribution chart, Newcity (Bangkok) PCL ranks #301 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 26.8%.
Is Newcity (Bangkok) PCL's Equity-to-Asset too high?
Newcity (Bangkok) PCL's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.64. The Retail - Cyclical industry median Equity-to-Asset is 0.44. Newcity (Bangkok) PCL's value of 0.61 is 38.6% above this industry median. Based on the distribution chart, Newcity (Bangkok) PCL ranks #301 out of 1125 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Newcity (Bangkok) PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Newcity (Bangkok) PCL's Equity-to-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Newcity (Bangkok) PCL ranks #301 out of 1125 companies for Equity-to-Asset. This puts Newcity (Bangkok) PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.44. Newcity (Bangkok) PCL's value of 0.61 is 38.6% above this benchmark. Historically, Newcity (Bangkok) PCL's own Equity-to-Asset has ranged from 0.49 to 0.64 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.44, Newcity (Bangkok) 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 Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,125 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. Newcity (Bangkok) PCL's current Equity-to-Asset of 0.61 is 38.6% 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 Newcity (Bangkok) PCL and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newcity (Bangkok) PCL's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcity (Bangkok) PCL stock overvalued right now?
Newcity (Bangkok) PCL (BKK:NC-R) has a current Equity-to-Asset of 0.61. The stock's GF Value™ is ฿2.35, compared to a current price of ฿1.80 — trading 23.4% below its estimated fair value. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.59 and 38.6% above the Retail - Cyclical industry median of 0.44. Newcity (Bangkok) PCL's overall GF Score™ is 62/100 with 3 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 Newcity (Bangkok) PCL (BKK:NC-R), the current Equity-to-Asset is 0.61 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 Newcity (Bangkok) PCL (BKK:NC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Newcity (Bangkok) PCL stock appears to be undervalued.
The current stock price of ฿1.80 is trading 23.4% below its estimated GF Value™ of ฿2.35.
Key valuation signals for BKK:NC-R:
Equity-to-Asset: 0.61 (near median its 10-year median of 0.59)
GF Value™: ฿2.35 vs. price of ฿1.80 (23.4% below fair value)
Industry Position: 38.6% above the Retail - Cyclical median (#301 of 1125)
No single metric tells the full story. See the BKK:NC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newcity (Bangkok) PCL is mainly engaged in the distribution of pantyhose, cosmetics, innerwear and exercise outfits. The company operates in three segments namely, the Textile segment comprises distribution of textiles and related products which also generates the majority of the revenue, Cosmetic segments comprises of trading and distribution of cosmetics, and Other segment. The Majority of its revenue is earned from the Thailand, while it also has presence in other countries.
62GF Score
Get the complete analysis for BKK:NC-R
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:NC-R has been successfully added to your 
