Samaggi Insurance PCL (BKK:SMG-R) Equity-to-Asset: 0.39 (As of Mar. 2016) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Samaggi Insurance PCL Equity-to-Asset?

Samaggi Insurance PCL BKK:SMG-R Equity-to-Asset is 0.39 as of Mar. 2016, which is 11% above its 10-year median of 0.35. The stock has 3 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Samaggi Insurance PCL's Total Stockholders Equity for the quarter that ended in Mar. 2016 was ฿5,338.79 Mil. Samaggi Insurance PCL's Total Assets for the quarter that ended in Mar. 2016 was ฿13,611.72 Mil. Therefore, Samaggi Insurance PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2016 was 0.39.

The historical rank and industry rank for Samaggi Insurance PCL's Equity-to-Asset or its related term are showing as below:

BKK:SMG-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.35   Max: 0.43
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Samaggi Insurance PCL was 0.43. The lowest was 0.07. And the median was 0.35.

BKK:SMG-R's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.26 vs BKK:SMG-R: 0.39

Samaggi Insurance PCL  (BKK:SMG-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%.


Samaggi Insurance PCL Equity-to-Asset Related Terms


Samaggi Insurance PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Samaggi 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.

Samaggi Insurance PCL Equity-to-Asset Chart

Samaggi Insurance PCL Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.22 0.31 0.37 0.36

Samaggi Insurance PCL Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.36 0.37 0.36 0.39

BKK:SMG-R vs PTVCA, FNHC: Equity-to-Asset Comparison

For the Insurance - Property & Casualty subindustry, Samaggi 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.


Samaggi Insurance PCL Equity-to-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Samaggi Insurance PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Samaggi Insurance PCL's Equity-to-Asset falls into.



Samaggi Insurance PCL Equity-to-Asset Calculation

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.

Samaggi Insurance PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=4818.246/13314.348
=0.36

Samaggi Insurance PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

Equity to Asset (Q: Mar. 2016 )=Total Stockholders Equity/Total Assets
=5338.786/13611.716
=0.39

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.39 mean?
Samaggi Insurance PCL (BKK:SMG-R) has a Equity-to-Asset of 0.39 as of Mar. 2016. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Samaggi Insurance PCL and its competitors. This is 11% above median its historical median of 0.35. Over the past decade, Samaggi Insurance PCL's Equity-to-Asset has ranged from 0.07 to 0.43.
Is Samaggi Insurance PCL's Equity-to-Asset too high?
Samaggi Insurance PCL's current Equity-to-Asset of 0.39 is 11% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.43. The Insurance industry median Equity-to-Asset is 0.26. Samaggi Insurance PCL's value of 0.39 is 50% above this industry median.
How does Samaggi Insurance PCL's Equity-to-Asset compare to PTVCA and FNHC?
Samaggi Insurance PCL's Equity-to-Asset of 0.39 can be compared against companies in the Insurance industry. The industry median Equity-to-Asset is 0.26. Samaggi Insurance PCL's value of 0.39 is 50% above this benchmark. Historically, Samaggi Insurance PCL's own Equity-to-Asset has ranged from 0.07 to 0.43 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.26, Samaggi 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 508 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. Samaggi Insurance PCL's current Equity-to-Asset of 0.39 is 50% 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 Samaggi 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. Samaggi Insurance PCL's current Equity-to-Asset is 0.39, which is 11% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samaggi Insurance PCL stock overvalued right now?
Samaggi Insurance PCL (BKK:SMG-R) has a current Equity-to-Asset of 0.39. The current Equity-to-Asset is 0.39, which is 11% above median its 10-year median of 0.35 and 50% above the Insurance industry median of 0.26. 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 Samaggi Insurance PCL (BKK:SMG-R), the current Equity-to-Asset is 0.39 as of Mar. 2016. 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.

Samaggi Insurance PCL Business Description

Siam Commercial Samaggi Insurance Public Company Limited operates a non-life insurance business including fire, marine and cargo, motor and miscellaneous insurance.