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Tpi Polene PCLBKK:TPIPL +1.10%71 Equity-to-Asset is 0.35 as of Jun. 2026, which is 5% below its 10-year median of 0.37. GuruFocus rates BKK:TPIPL with a GF Score™ of 71/100 and a GF Value™ of ฿1.01 (Fairly Valued). The stock has 12 warning signs investors should review. Among 413 Building Materials companies, Tpi Polene PCL ranks worse than 82.81% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tpi Polene PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿57,119 Mil. Tpi Polene PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿163,146 Mil.
Therefore, Tpi Polene PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.35.
The historical rank and industry rank for Tpi Polene PCL's Equity-to-Asset or its related term are showing as below:
BKK:TPIPL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.37 Max: 0.49
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of Tpi Polene PCL was 0.49. The lowest was 0.34. And the median was 0.37.
BKK:TPIPL's Equity-to-Asset is ranked worse than 82.81% of 413
companies
in the Building Materials industry
Industry Median: 0.55
vs BKK:TPIPL: 0.35
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%.
Tpi Polene PCL Equity-to-Asset Related Terms
Tpi Polene PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tpi Polene 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:TPIPL vs CRH, VMC, MLM: Equity-to-Asset Comparison
For the Building Materials subindustry, Tpi Polene 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.
Tpi Polene PCL Equity-to-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tpi Polene 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.
Tpi Polene 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.
Tpi Polene PCL (BKK:TPIPL) has a Equity-to-Asset of 0.35 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tpi Polene PCL and its competitors. This is near median its historical median of 0.37. Over the past decade, Tpi Polene PCL's Equity-to-Asset has ranged from 0.34 to 0.49. According to the industry distribution chart, Tpi Polene PCL ranks #342 out of 413 companies in the Building Materials industry, placing it in the top 82.8%.
Is Tpi Polene PCL's Equity-to-Asset too high?
Tpi Polene PCL's current Equity-to-Asset of 0.35 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.49. The Building Materials industry median Equity-to-Asset is 0.55. Tpi Polene PCL's value of 0.35 is 36.4% below this industry median. Based on the distribution chart, Tpi Polene PCL ranks #342 out of 413 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tpi Polene PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Equity-to-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #342 out of 413 companies for Equity-to-Asset. This places Tpi Polene PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Tpi Polene PCL's value of 0.35 is 36.4% below this benchmark. Historically, Tpi Polene PCL's own Equity-to-Asset has ranged from 0.34 to 0.49 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.55, Tpi Polene PCL has consistently been below 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 0.55, based on 413 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. Tpi Polene PCL's current Equity-to-Asset of 0.35 is 36.4% below 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 Tpi Polene PCL and its competitors. For the Building Materials industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current Equity-to-Asset is 0.35, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.01, compared to a current price of ฿0.92 — trading 8.9% below its estimated fair value. The current Equity-to-Asset is 0.35, which is near median its 10-year median of 0.37 and 36.4% below the Building Materials industry median of 0.55. Tpi Polene PCL's overall GF Score™ is 71/100 with 12 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 Tpi Polene PCL (BKK:TPIPL), the current Equity-to-Asset is 0.35 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.92 is trading 8.9% below its estimated GF Value™ of ฿1.01.
GuruFocus considers Tpi Polene PCL to be Fairly Valued.
Key valuation signals for BKK:TPIPL:
Equity-to-Asset: 0.35 (near median its 10-year median of 0.37)
GF Value™: ฿1.01 vs. price of ฿0.92 (8.9% below fair value)
Industry Position: 36.4% below the Building Materials median (#342 of 413)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
71GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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