Unimit Engineering PCLBKK:UEC-R 49 Equity-to-Asset is 0.84 as of Mar. 2026, which is 3% below its 10-year median of 0.87. GuruFocus rates BKK:UEC-R with a GF Score™ of 49/100 and a GF Value™ of ฿0.58. The stock has 8 warning signs investors should review. Among 636 Steel companies, Unimit Engineering PCL ranks better than 88.68% on this metric.
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%.
Unimit Engineering PCL Equity-to-Asset Related Terms
Unimit Engineering PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Unimit Engineering 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:UEC-R vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Unimit Engineering 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.
Unimit Engineering PCL Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Unimit Engineering PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Unimit Engineering 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.
Unimit Engineering 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.
Unimit Engineering PCL (BKK:UEC-R) has a Equity-to-Asset of 0.84 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Unimit Engineering PCL and its competitors. This is near median its historical median of 0.87. Over the past decade, Unimit Engineering PCL's Equity-to-Asset has ranged from 0.80 to 0.93. According to the industry distribution chart, Unimit Engineering PCL ranks #72 out of 636 companies in the Steel industry, placing it in the top 11.3%.
Is Unimit Engineering PCL's Equity-to-Asset too high?
Unimit Engineering PCL's current Equity-to-Asset of 0.84 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 0.93. The Steel industry median Equity-to-Asset is 0.55. Unimit Engineering PCL's value of 0.84 is 52.7% above this industry median. Based on the distribution chart, Unimit Engineering PCL ranks #72 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Unimit Engineering PCL has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Unimit Engineering PCL's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Unimit Engineering PCL ranks #72 out of 636 companies for Equity-to-Asset. This places Unimit Engineering PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Unimit Engineering PCL's value of 0.84 is 52.7% above this benchmark. Historically, Unimit Engineering PCL's own Equity-to-Asset has ranged from 0.80 to 0.93 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.55, Unimit Engineering 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 636 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. Unimit Engineering PCL's current Equity-to-Asset of 0.84 is 52.7% 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 Unimit Engineering PCL and its competitors. For the Steel 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. Unimit Engineering PCL's current Equity-to-Asset is 0.84, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unimit Engineering PCL stock overvalued right now?
Unimit Engineering PCL (BKK:UEC-R) has a current Equity-to-Asset of 0.84. The stock's GF Value™ is ฿0.58, compared to a current price of ฿0.62 — trading 6.9% above its estimated fair value. The current Equity-to-Asset is 0.84, which is near median its 10-year median of 0.87 and 52.7% above the Steel industry median of 0.55. Unimit Engineering PCL's overall GF Score™ is 49/100 with 8 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 Unimit Engineering PCL (BKK:UEC-R), the current Equity-to-Asset is 0.84 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 Unimit Engineering PCL (BKK:UEC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Unimit Engineering PCL stock appears to be overvalued.
The current stock price of ฿0.62 is trading 6.9% above its estimated GF Value™ of ฿0.58.
Key valuation signals for BKK:UEC-R:
Equity-to-Asset: 0.84 (near median its 10-year median of 0.87)
GF Value™: ฿0.58 vs. price of ฿0.62 (6.9% above fair value)
Industry Position: 52.7% above the Steel median (#72 of 636)
No single metric tells the full story. See the BKK:UEC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unimit Engineering PCL is engaged in designing, shop fabrication, field installation, and erection of steel products and construction works such as pressurized equipment and vessels, non-pressure storage, mechanical parts, and piping systems. Its products include Pressure Vessels; Machinery Parts; Storage Tanks; Structure/Piping; and Mechanical Installation. The Group is principally engaged in the steel products. Geographically, the company derives maximum revenue from the domestic market and also exports its products to other regions.
49GF Score
Get the complete analysis for BKK:UEC-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:UEC-R has been successfully added to your 
