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The historical rank and industry rank for First Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:
FESNF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.58 Max: 0.63
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of First Real Estate Investment Trust was 0.63. The lowest was 0.46. And the median was 0.58.
FESNF's Equity-to-Asset is ranked worse than 61.44% of 931
companies
in the REITs industry
Industry Median: 0.58
vs FESNF: 0.52
First Real Estate Investment Trust (OTCPK:FESNF) 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%.
First Real Estate Investment Trust Equity-to-Asset Related Terms
First Real Estate Investment Trust Equity-to-Asset Historical Data
* 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.
First Real Estate Investment Trust Equity-to-Asset Chart
FESNF vs WELL, VTR, OHI: Equity-to-Asset Comparison
For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.
First Real Estate Investment Trust Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, First Real Estate Investment Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where First Real Estate Investment Trust's Equity-to-Asset falls into.
First Real Estate Investment Trust Equity-to-Asset Calculation
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.
* 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.
First Real Estate Investment Trust (FESNF) has a Equity-to-Asset of 0.52 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Real Estate Investment Trust and its competitors. This is 10% below median its historical median of 0.58. Over the past decade, First Real Estate Investment Trust's Equity-to-Asset has ranged from 0.46 to 0.63. According to the industry distribution chart, First Real Estate Investment Trust ranks #572 out of 931 companies in the REITs industry, placing it in the top 61.4%.
Is First Real Estate Investment Trust's Equity-to-Asset too high?
First Real Estate Investment Trust's current Equity-to-Asset of 0.52 is 10% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.63. The REITs industry median Equity-to-Asset is 0.58. First Real Estate Investment Trust's value of 0.52 is 10.3% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #572 out of 931 companies in the REITs industry, which is below the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's Equity-to-Asset compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #572 out of 931 companies for Equity-to-Asset. This places First Real Estate Investment Trust in the lower half of its industry. The industry median Equity-to-Asset is 0.58. First Real Estate Investment Trust's value of 0.52 is 10.3% below this benchmark. Historically, First Real Estate Investment Trust's own Equity-to-Asset has ranged from 0.46 to 0.63 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.58, First Real Estate Investment Trust 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 REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 931 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. First Real Estate Investment Trust's current Equity-to-Asset of 0.52 is 10.3% 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 First Real Estate Investment Trust and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current Equity-to-Asset is 0.52, which is 10% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
First Real Estate Investment Trust (FESNF) has a current Equity-to-Asset of 0.52. The stock's GF Value™ is $0.21, compared to a current price of $0.19 — trading 9.5% below its estimated fair value. The current Equity-to-Asset is 0.52, which is 10% below median its 10-year median of 0.58 and 10.3% below the REITs industry median of 0.58. First Real Estate Investment Trust's overall GF Score™ is 31/100 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 First Real Estate Investment Trust (FESNF), the current Equity-to-Asset is 0.52 as of Dec. 2025. 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?
Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued.
The current stock price of $0.19 is trading 9.5% below its estimated GF Value™ of $0.21.
Key valuation signals for FESNF:
Equity-to-Asset: 0.52 (10% below median its 10-year median of 0.58)
GF Value™: $0.21 vs. price of $0.19 (9.5% below fair value)
Industry Position: 10.3% below the REITs median (#572 of 931)
No single metric tells the full story. See the FESNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Real Estate Investment Trust Business Description
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
31GF Score
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