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.
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.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trc Construction PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿-103.8 Mil. Trc Construction PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿3,055.7 Mil.
Therefore, Trc Construction PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was -0.03.
The historical rank and industry rank for Trc Construction PCL's Equity-to-Asset or its related term are showing as below:
BKK:TRC-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07 Med: 0.09 Max: 0.62
Current: -0.03
During the past 13 years, the highest Equity to Asset Ratio of Trc Construction PCL was 0.62. The lowest was -0.07. And the median was 0.09.
BKK:TRC-R's Equity-to-Asset is ranked worse than 96.87% of 1789
companies
in the Construction industry
Industry Median: 0.45
vs BKK:TRC-R: -0.03
Trc Construction PCL (BKK:TRC-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%.
Trc Construction PCL Equity-to-Asset Related Terms
Trc Construction PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Trc Construction 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:TRC-R vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, Trc Construction 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.
Trc Construction PCL Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Trc Construction PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Trc Construction 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.
Trc Construction 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.
Trc Construction PCL (BKK:TRC-R) has a Equity-to-Asset of -0.03 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trc Construction PCL and its competitors. According to the industry distribution chart, Trc Construction PCL ranks #1733 out of 1789 companies in the Construction industry, placing it in the top 96.9%.
Is Trc Construction PCL's Equity-to-Asset too high?
Trc Construction PCL's current Equity-to-Asset is -0.03. Based on the distribution chart, Trc Construction PCL ranks #1733 out of 1789 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Trc Construction PCL has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trc Construction PCL's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Trc Construction PCL ranks #1733 out of 1789 companies for Equity-to-Asset. This places Trc Construction PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.45. 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,789 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. 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 Trc Construction PCL and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trc Construction PCL's current Equity-to-Asset is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trc Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Trc Construction PCL (BKK:TRC-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.19, compared to a current price of ฿0.64 — trading 236.2% above its estimated fair value. The current Equity-to-Asset is -0.03. Trc Construction PCL's overall GF Score™ is 16/100 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 Trc Construction PCL (BKK:TRC-R), the current Equity-to-Asset is -0.03 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 Trc Construction PCL (BKK:TRC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Trc Construction PCL stock appears to be overvalued.
The current stock price of ฿0.64 is trading 236.2% above its estimated GF Value™ of ฿0.19.
GuruFocus considers Trc Construction PCL to be Significantly Overvalued.
Key valuation signals for BKK:TRC-R:
Equity-to-Asset: -0.03
GF Value™: ฿0.19 vs. price of ฿0.64 (236.2% above fair value)
No single metric tells the full story. See the BKK:TRC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. The Group is organized into business units based on its products and services and have four reportable segments as follows: Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. The Civil Work Segment derives maximum revenue. Geographically, it operates only in Thailand.
16GF Score
Get the complete analysis for BKK:TRC-R
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TRC-R has been successfully added to your 
