Navakij Insurance PCLBKK:NKI-R 61 Equity-to-Asset is 0.34 as of Mar. 2026, which is 6% below its 10-year median of 0.36. GuruFocus rates BKK:NKI-R with a GF Score™ of 61/100 and a GF Value™ of ฿16.80. The stock has 1 warning sign investors should review. Among 507 Insurance companies, Navakij Insurance PCL ranks better than 66.86% 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%.
Navakij Insurance PCL Equity-to-Asset Related Terms
Navakij Insurance PCL Equity-to-Asset Historical Data
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The historical data trend for Navakij Insurance 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:NKI-R vs CB, PGR, TRV: Equity-to-Asset Comparison
For the Insurance - Property & Casualty subindustry, Navakij Insurance 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.
Navakij Insurance PCL Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Navakij Insurance PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Navakij Insurance 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.
Navakij Insurance 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.
Navakij Insurance PCL (BKK:NKI-R) has a Equity-to-Asset of 0.34 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Navakij Insurance PCL and its competitors. This is near median its historical median of 0.36. Over the past decade, Navakij Insurance PCL's Equity-to-Asset has ranged from 0.32 to 0.50. According to the industry distribution chart, Navakij Insurance PCL ranks #168 out of 507 companies in the Insurance industry, placing it in the top 33.1%.
Is Navakij Insurance PCL's Equity-to-Asset too high?
Navakij Insurance PCL's current Equity-to-Asset of 0.34 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.50. The Insurance industry median Equity-to-Asset is 0.26. Navakij Insurance PCL's value of 0.34 is 30.8% above this industry median. Based on the distribution chart, Navakij Insurance PCL ranks #168 out of 507 companies in the Insurance industry, which is above the industry midpoint. Overall, Navakij Insurance PCL has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's Equity-to-Asset compare to CB and PGR?
According to the Insurance industry distribution chart, Navakij Insurance PCL ranks #168 out of 507 companies for Equity-to-Asset. This puts Navakij Insurance PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.26. Navakij Insurance PCL's value of 0.34 is 30.8% above this benchmark. Historically, Navakij Insurance PCL's own Equity-to-Asset has ranged from 0.32 to 0.50 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.26, Navakij Insurance 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 Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 507 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. Navakij Insurance PCL's current Equity-to-Asset of 0.34 is 30.8% 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 Navakij Insurance PCL and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current Equity-to-Asset of 0.34. The stock's GF Value™ is ฿16.80, compared to a current price of ฿13.00 — trading 22.6% below its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.36 and 30.8% above the Insurance industry median of 0.26. Navakij Insurance PCL's overall GF Score™ is 61/100 with 1 warning sign 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 Navakij Insurance PCL (BKK:NKI-R), the current Equity-to-Asset is 0.34 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 Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 22.6% below its estimated GF Value™ of ฿16.80.
Key valuation signals for BKK:NKI-R:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.36)
GF Value™: ฿16.80 vs. price of ฿13.00 (22.6% below fair value)
Industry Position: 30.8% above the Insurance median (#168 of 507)
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
61GF Score
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