Techno Medical PCLBKK:TM-R 77 Equity-to-Asset is 0.46 as of Mar. 2026, which is 13% below its 10-year median of 0.53. GuruFocus rates BKK:TM-R with a GF Score™ of 77/100 and a GF Value™ of ฿2.99. The stock has 6 warning signs investors should review. Among 118 Medical Distribution companies, Techno Medical PCL ranks better than 58.47% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Techno Medical PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿422.5 Mil. Techno Medical PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿917.0 Mil.
Therefore, Techno Medical PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.46.
The historical rank and industry rank for Techno Medical PCL's Equity-to-Asset or its related term are showing as below:
BKK:TM-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.53 Max: 0.64
Current: 0.46
During the past 11 years, the highest Equity to Asset Ratio of Techno Medical PCL was 0.64. The lowest was 0.41. And the median was 0.53.
BKK:TM-R's Equity-to-Asset is ranked better than 58.47% of 118
companies
in the Medical Distribution industry
Industry Median: 0.39
vs BKK:TM-R: 0.46
Techno Medical PCL (BKK:TM-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%.
Techno Medical PCL Equity-to-Asset Related Terms
Techno Medical PCL Equity-to-Asset Historical Data
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The historical data trend for Techno Medical 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:TM-R vs MCK, CAH, COR: Equity-to-Asset Comparison
For the Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL Equity-to-Asset vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Techno Medical 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.
Techno Medical 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.
Techno Medical PCL (BKK:TM-R) has a Equity-to-Asset of 0.46 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Techno Medical PCL and its competitors. This is 13% below median its historical median of 0.53. Over the past decade, Techno Medical PCL's Equity-to-Asset has ranged from 0.41 to 0.64. According to the industry distribution chart, Techno Medical PCL ranks #49 out of 118 companies in the Medical Distribution industry, placing it in the top 41.5%.
Is Techno Medical PCL's Equity-to-Asset too high?
Techno Medical PCL's current Equity-to-Asset of 0.46 is 13% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.64. The Medical Distribution industry median Equity-to-Asset is 0.39. Techno Medical PCL's value of 0.46 is 17.9% above this industry median. Based on the distribution chart, Techno Medical PCL ranks #49 out of 118 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Techno Medical PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Equity-to-Asset compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #49 out of 118 companies for Equity-to-Asset. This puts Techno Medical PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.39. Techno Medical PCL's value of 0.46 is 17.9% above this benchmark. Historically, Techno Medical PCL's own Equity-to-Asset has ranged from 0.41 to 0.64 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.39, Techno Medical 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 Medical Distribution company?
The median Equity-to-Asset among Medical Distribution companies is 0.39, based on 118 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. Techno Medical PCL's current Equity-to-Asset of 0.46 is 17.9% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Equity-to-Asset is 0.46, which is 13% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Equity-to-Asset of 0.46. The stock's GF Value™ is ฿2.99, compared to a current price of ฿2.32 — trading 22.4% below its estimated fair value. The current Equity-to-Asset is 0.46, which is 13% below median its 10-year median of 0.53 and 17.9% above the Medical Distribution industry median of 0.39. Techno Medical PCL's overall GF Score™ is 77/100 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 Techno Medical PCL (BKK:TM-R), the current Equity-to-Asset is 0.46 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿2.32 is trading 22.4% below its estimated GF Value™ of ฿2.99.
Key valuation signals for BKK:TM-R:
Equity-to-Asset: 0.46 (13% below median its 10-year median of 0.53)
GF Value™: ฿2.99 vs. price of ฿2.32 (22.4% below fair value)
Industry Position: 17.9% above the Medical Distribution median (#49 of 118)
No single metric tells the full story. See the BKK:TM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
77GF Score
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