Thitikorn PCL (BKK:TK-R) Equity-to-Asset: 0.94 (As of Jun. 2026) — 16% Above Median

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BKK:TK-R Thitikorn PCL BKK:TK-R
59 GF Score
Price ฿4.42
GF Value ฿2.63
! 7 Warning Signs
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What is Thitikorn PCL Equity-to-Asset?

Thitikorn PCL BKK:TK-R +7.80% 59 Equity-to-Asset is 0.94 as of Jun. 2026, which is 16% above its 10-year median of 0.81. GuruFocus rates BKK:TK-R with a GF Score™ of 59/100 and a GF Value™ of ฿2.63. The stock has 7 warning signs investors should review. Among 547 Credit Services companies, Thitikorn PCL ranks better than 90.49% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thitikorn PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿5,348.8 Mil. Thitikorn PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿5,709.4 Mil. Therefore, Thitikorn PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.94.

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

BKK:TK-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.81   Max: 0.95
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Thitikorn PCL was 0.95. The lowest was 0.46. And the median was 0.81.

BKK:TK-R's Equity-to-Asset is ranked better than
90.49% of 547 companies
in the Credit Services industry
Industry Median: 0.4 vs BKK:TK-R: 0.94

Thitikorn PCL  (BKK:TK-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%.


Thitikorn PCL Equity-to-Asset Related Terms


Thitikorn PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Thitikorn 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.

Thitikorn PCL Equity-to-Asset Chart

Thitikorn PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.88 0.87 0.92 0.95

Thitikorn PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.95 0.95 0.95 0.94 0.94

BKK:TK-R vs V, MA, AXP: Equity-to-Asset Comparison

For the Credit Services subindustry, Thitikorn 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.


Thitikorn PCL Equity-to-Asset vs Credit Services Industry

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

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


BKK:TK-R
59GF Score
Thitikorn PCL BKK:TK-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thitikorn 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.

Thitikorn PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=5336.183/5643.51
=0.95

Thitikorn PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=5348.815/5709.384
=0.94

* 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 0.94 mean?
Thitikorn PCL (BKK:TK-R) has a Equity-to-Asset of 0.94 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thitikorn PCL and its competitors. This is 16% above median its historical median of 0.81. Over the past decade, Thitikorn PCL's Equity-to-Asset has ranged from 0.46 to 0.95. According to the industry distribution chart, Thitikorn PCL ranks #52 out of 547 companies in the Credit Services industry, placing it in the top 9.5%.
Is Thitikorn PCL's Equity-to-Asset too high?
Thitikorn PCL's current Equity-to-Asset of 0.94 is 16% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.95. The Credit Services industry median Equity-to-Asset is 0.40. Thitikorn PCL's value of 0.94 is 135% above this industry median. Based on the distribution chart, Thitikorn PCL ranks #52 out of 547 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Thitikorn PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Thitikorn PCL's Equity-to-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Thitikorn PCL ranks #52 out of 547 companies for Equity-to-Asset. This places Thitikorn PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.40. Thitikorn PCL's value of 0.94 is 135% above this benchmark. Historically, Thitikorn PCL's own Equity-to-Asset has ranged from 0.46 to 0.95 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.40, Thitikorn 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 Credit Services company?
The median Equity-to-Asset among Credit Services companies is 0.40, based on 547 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. Thitikorn PCL's current Equity-to-Asset of 0.94 is 135% 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 Thitikorn PCL and its competitors. For the Credit Services industry, the median Equity-to-Asset is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thitikorn PCL's current Equity-to-Asset is 0.94, which is 16% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thitikorn PCL stock overvalued right now?
Thitikorn PCL (BKK:TK-R) has a current Equity-to-Asset of 0.94. The stock's GF Value™ is ฿2.63, compared to a current price of ฿4.42 — trading 68.1% above its estimated fair value. The current Equity-to-Asset is 0.94, which is 16% above median its 10-year median of 0.81 and 135% above the Credit Services industry median of 0.40. Thitikorn PCL's overall GF Score™ is 59/100 with 7 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 Thitikorn PCL (BKK:TK-R), the current Equity-to-Asset is 0.94 as of Jun. 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 Thitikorn PCL (BKK:TK-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thitikorn PCL stock appears to be overvalued. The current stock price of ฿4.42 is trading 68.1% above its estimated GF Value™ of ฿2.63.

Key valuation signals for BKK:TK-R:

  • Equity-to-Asset: 0.94 (16% above median its 10-year median of 0.81)
  • GF Value™: ฿2.63 vs. price of ฿4.42 (68.1% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 135% above the Credit Services median (#52 of 547)

No single metric tells the full story. See the BKK:TK-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thitikorn PCL Business Description

Other Exchanges TK:Thailand
Address 69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240
Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services, and letting of motorcycle under operating lease. The company has a single-core operating segment which by product which are majority of hire-purchase on automobile and motorcycle and letting of motorcycle for general retail customers whereby the business activities with respect of loans and nano finance, including non-life insurance broker business and personal loan to the general retail customers are insignificant portion as compared to the entire volumes and business activities.. The company generates the majority of its revenue from the Domestic market.
59GF Score

Get the complete analysis for BKK:TK-R

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.42
Price
฿2.63
GF Value