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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WICE Logistics PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,357 Mil. WICE Logistics PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿3,249 Mil.
Therefore, WICE Logistics PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.42.
The historical rank and industry rank for WICE Logistics PCL's Equity-to-Asset or its related term are showing as below:
BKK:WICE-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.49 Max: 0.8
Current: 0.42
During the past 12 years, the highest Equity to Asset Ratio of WICE Logistics PCL was 0.80. The lowest was 0.35. And the median was 0.49.
BKK:WICE-R's Equity-to-Asset is ranked worse than 60.71% of 1013
companies
in the Transportation industry
Industry Median: 0.5
vs BKK:WICE-R: 0.42
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%.
WICE Logistics PCL Equity-to-Asset Related Terms
WICE Logistics PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for WICE Logistics 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:WICE-R vs UPS, FDX, JBHT: Equity-to-Asset Comparison
For the Integrated Freight & Logistics subindustry, WICE Logistics 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.
WICE Logistics PCL Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, WICE Logistics PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where WICE Logistics 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.
WICE Logistics 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.
WICE Logistics PCL (BKK:WICE-R) has a Equity-to-Asset of 0.42 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WICE Logistics PCL and its competitors. This is 14% below median its historical median of 0.49. Over the past decade, WICE Logistics PCL's Equity-to-Asset has ranged from 0.35 to 0.80. According to the industry distribution chart, WICE Logistics PCL ranks #615 out of 1013 companies in the Transportation industry, placing it in the top 60.7%.
Is WICE Logistics PCL's Equity-to-Asset too high?
WICE Logistics PCL's current Equity-to-Asset of 0.42 is 14% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.80. The Transportation industry median Equity-to-Asset is 0.50. WICE Logistics PCL's value of 0.42 is 16% below this industry median. Based on the distribution chart, WICE Logistics PCL ranks #615 out of 1013 companies in the Transportation industry, which is below the industry midpoint. Overall, WICE Logistics PCL has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's Equity-to-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #615 out of 1013 companies for Equity-to-Asset. This places WICE Logistics PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.50. WICE Logistics PCL's value of 0.42 is 16% below this benchmark. Historically, WICE Logistics PCL's own Equity-to-Asset has ranged from 0.35 to 0.80 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.50, WICE Logistics 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 Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,013 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. WICE Logistics PCL's current Equity-to-Asset of 0.42 is 16% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Equity-to-Asset is 0.42, which is 14% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
WICE Logistics PCL (BKK:WICE-R) has a current Equity-to-Asset of 0.42. The stock's GF Value™ is ฿4.57, compared to a current price of ฿3.26 — trading 28.6% below its estimated fair value. The current Equity-to-Asset is 0.42, which is 14% below median its 10-year median of 0.49 and 16% below the Transportation industry median of 0.50. WICE Logistics PCL's overall GF Score™ is 78/100 with 5 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 WICE Logistics PCL (BKK:WICE-R), the current Equity-to-Asset is 0.42 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 WICE Logistics PCL (BKK:WICE-R) Overvalued in 2026?
Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued.
The current stock price of ฿3.26 is trading 28.6% below its estimated GF Value™ of ฿4.57.
Key valuation signals for BKK:WICE-R:
Equity-to-Asset: 0.42 (14% below median its 10-year median of 0.49)
GF Value™: ฿4.57 vs. price of ฿3.26 (28.6% below fair value)
Industry Position: 16% below the Transportation median (#615 of 1013)
No single metric tells the full story. See the BKK:WICE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
78GF Score
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