Tipco Asphalt PCLBKK:TASCO-R 80 Equity-to-Asset is 0.59 as of Mar. 2026, which is 5% below its 10-year median of 0.62. GuruFocus rates BKK:TASCO-R with a GF Score™ of 80/100 and a GF Value™ of ฿13.02. The stock has 6 warning signs investors should review. Among 410 Building Materials companies, Tipco Asphalt PCL ranks better than 56.59% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tipco Asphalt PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿13,991 Mil. Tipco Asphalt PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿23,745 Mil.
Therefore, Tipco Asphalt PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.
The historical rank and industry rank for Tipco Asphalt PCL's Equity-to-Asset or its related term are showing as below:
BKK:TASCO-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.62 Max: 0.7
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of Tipco Asphalt PCL was 0.70. The lowest was 0.46. And the median was 0.62.
BKK:TASCO-R's Equity-to-Asset is ranked better than 56.59% of 410
companies
in the Building Materials industry
Industry Median: 0.56
vs BKK:TASCO-R: 0.59
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%.
Tipco Asphalt PCL Equity-to-Asset Related Terms
Tipco Asphalt PCL Equity-to-Asset Historical Data
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The historical data trend for Tipco Asphalt 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:TASCO-R vs CRH, VMC, MLM: Equity-to-Asset Comparison
For the Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL Equity-to-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt 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.
Tipco Asphalt 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.
Tipco Asphalt PCL (BKK:TASCO-R) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tipco Asphalt PCL and its competitors. This is near median its historical median of 0.62. Over the past decade, Tipco Asphalt PCL's Equity-to-Asset has ranged from 0.46 to 0.70. According to the industry distribution chart, Tipco Asphalt PCL ranks #178 out of 410 companies in the Building Materials industry, placing it in the top 43.4%.
Is Tipco Asphalt PCL's Equity-to-Asset too high?
Tipco Asphalt PCL's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.70. The Building Materials industry median Equity-to-Asset is 0.56. Tipco Asphalt PCL's value of 0.59 is 5.4% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #178 out of 410 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Equity-to-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #178 out of 410 companies for Equity-to-Asset. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Tipco Asphalt PCL's value of 0.59 is 5.4% above this benchmark. Historically, Tipco Asphalt PCL's own Equity-to-Asset has ranged from 0.46 to 0.70 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.56, Tipco Asphalt 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 Building Materials company?
The median Equity-to-Asset among Building Materials companies is 0.56, based on 410 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. Tipco Asphalt PCL's current Equity-to-Asset of 0.59 is 5.4% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Equity-to-Asset of 0.59. The stock's GF Value™ is ฿13.02, compared to a current price of ฿13.09 — trading 0.5% above its estimated fair value. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.62 and 5.4% above the Building Materials industry median of 0.56. Tipco Asphalt PCL's overall GF Score™ is 80/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Equity-to-Asset is 0.59 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued.
The current stock price of ฿13.09 is trading 0.5% above its estimated GF Value™ of ฿13.02.
Key valuation signals for BKK:TASCO-R:
Equity-to-Asset: 0.59 (near median its 10-year median of 0.62)
GF Value™: ฿13.02 vs. price of ฿13.09 (0.5% above fair value)
Industry Position: 5.4% above the Building Materials median (#178 of 410)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
80GF Score
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