North East Rubber PCLBKK:NER-R 89 Equity-to-Asset is 0.49 as of Dec. 2025, which is 26% above its 10-year median of 0.39. GuruFocus rates BKK:NER-R with a GF Score™ of 89/100 and a GF Value™ of ฿6.03. The stock has 5 warning signs investors should review. Among 1,614 Chemicals companies, North East Rubber PCL ranks worse than 65.37% on this metric.
The historical rank and industry rank for North East Rubber PCL's Equity-to-Asset or its related term are showing as below:
BKK:NER-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.39 Max: 0.49
Current: 0.49
During the past 12 years, the highest Equity to Asset Ratio of North East Rubber PCL was 0.49. The lowest was 0.13. And the median was 0.39.
BKK:NER-R's Equity-to-Asset is ranked worse than 65.37% of 1614
companies
in the Chemicals industry
Industry Median: 0.6
vs BKK:NER-R: 0.49
North East Rubber PCL (BKK:NER-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%.
North East Rubber PCL Equity-to-Asset Related Terms
North East Rubber PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for North East Rubber 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:NER-R vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, North East Rubber 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.
North East Rubber PCL Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where North East Rubber 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.
North East Rubber 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.
North East Rubber PCL (BKK:NER-R) has a Equity-to-Asset of 0.49 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on North East Rubber PCL and its competitors. This is 26% above median its historical median of 0.39. Over the past decade, North East Rubber PCL's Equity-to-Asset has ranged from 0.13 to 0.49. According to the industry distribution chart, North East Rubber PCL ranks #1055 out of 1614 companies in the Chemicals industry, placing it in the top 65.4%.
Is North East Rubber PCL's Equity-to-Asset too high?
North East Rubber PCL's current Equity-to-Asset of 0.49 is 26% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.49. The Chemicals industry median Equity-to-Asset is 0.60. North East Rubber PCL's value of 0.49 is 18.3% below this industry median. Based on the distribution chart, North East Rubber PCL ranks #1055 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, North East Rubber PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #1055 out of 1614 companies for Equity-to-Asset. This places North East Rubber PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.60. North East Rubber PCL's value of 0.49 is 18.3% below this benchmark. Historically, North East Rubber PCL's own Equity-to-Asset has ranged from 0.13 to 0.49 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.60, North East Rubber 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,614 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. North East Rubber PCL's current Equity-to-Asset of 0.49 is 18.3% 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 North East Rubber PCL and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Equity-to-Asset is 0.49, which is 26% above 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 North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Equity-to-Asset of 0.49. The stock's GF Value™ is ฿6.03, compared to a current price of ฿4.76 — trading 21.1% below its estimated fair value. The current Equity-to-Asset is 0.49, which is 26% above median its 10-year median of 0.39 and 18.3% below the Chemicals industry median of 0.60. North East Rubber PCL's overall GF Score™ is 89/100 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 North East Rubber PCL (BKK:NER-R), the current Equity-to-Asset is 0.49 as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?
Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued.
The current stock price of ฿4.76 is trading 21.1% below its estimated GF Value™ of ฿6.03.
Key valuation signals for BKK:NER-R:
Equity-to-Asset: 0.49 (26% above median its 10-year median of 0.39)
GF Value™: ฿6.03 vs. price of ฿4.76 (21.1% below fair value)
Industry Position: 18.3% below the Chemicals median (#1055 of 1614)
No single metric tells the full story. See the BKK:NER-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
89GF Score
Get the complete analysis for BKK:NER-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:NER-R has been successfully added to your 
