The Hongkong and Shanghai Hotels (FRA:HSG) Equity-to-Asset: 0.66 (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:HSG The Hongkong and Shanghai Hotels Ltd FRA:HSG
68 GF Score
Price €0.60
GF Value €0.61
! 3 Warning Signs
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What is The Hongkong and Shanghai Hotels Equity-to-Asset?

The Hongkong and Shanghai Hotels FRA:HSG +2.56% 68 Equity-to-Asset is 0.66 as of Jun. 2026, which is 1% below its 10-year median of 0.67. GuruFocus rates FRA:HSG with a GF Score™ of 68/100 and a GF Value™ of €0.61. The stock has 3 warning signs investors should review. Among 855 Travel & Leisure companies, The Hongkong and Shanghai Hotels ranks better than 71.23% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Hongkong and Shanghai Hotels's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €4,021.1 Mil. The Hongkong and Shanghai Hotels's Total Assets for the quarter that ended in Jun. 2026 was €6,055.1 Mil. Therefore, The Hongkong and Shanghai Hotels's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.66.

The historical rank and industry rank for The Hongkong and Shanghai Hotels's Equity-to-Asset or its related term are showing as below:

FRA:HSG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.67   Max: 0.8
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of The Hongkong and Shanghai Hotels was 0.80. The lowest was 0.62. And the median was 0.67.

FRA:HSG's Equity-to-Asset is ranked better than
71.23% of 855 companies
in the Travel & Leisure industry
Industry Median: 0.51 vs FRA:HSG: 0.66

The Hongkong and Shanghai Hotels  (FRA:HSG) 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%.


The Hongkong and Shanghai Hotels Equity-to-Asset Related Terms


The Hongkong and Shanghai Hotels Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for The Hongkong and Shanghai Hotels'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.

The Hongkong and Shanghai Hotels Equity-to-Asset Chart

The Hongkong and Shanghai Hotels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.64 0.63 0.65 0.66

The Hongkong and Shanghai Hotels Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.65 0.64 0.66 0.66

FRA:HSG vs MAR, HLT, H: Equity-to-Asset Comparison

For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.


The Hongkong and Shanghai Hotels Equity-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Hongkong and Shanghai Hotels's Equity-to-Asset falls into.


FRA:HSG
68GF Score
The Hongkong and Shanghai Hotels Ltd FRA:HSG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hongkong and Shanghai Hotels 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.

The Hongkong and Shanghai Hotels's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3963.338/6042.252
=0.66

The Hongkong and Shanghai Hotels's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=4021.105/6055.08
=0.66

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.66 mean?
The Hongkong and Shanghai Hotels (FRA:HSG) has a Equity-to-Asset of 0.66 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on The Hongkong and Shanghai Hotels and its competitors. This is near median its historical median of 0.67. Over the past decade, The Hongkong and Shanghai Hotels' Equity-to-Asset has ranged from 0.62 to 0.80. According to the industry distribution chart, The Hongkong and Shanghai Hotels ranks #246 out of 855 companies in the Travel & Leisure industry, placing it in the top 28.8%.
Is The Hongkong and Shanghai Hotels' Equity-to-Asset too high?
The Hongkong and Shanghai Hotels' current Equity-to-Asset of 0.66 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.80. The Travel & Leisure industry median Equity-to-Asset is 0.51. The Hongkong and Shanghai Hotels' value of 0.66 is 29.4% above this industry median. Based on the distribution chart, The Hongkong and Shanghai Hotels ranks #246 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, The Hongkong and Shanghai Hotels has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does The Hongkong and Shanghai Hotels' Equity-to-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Hongkong and Shanghai Hotels ranks #246 out of 855 companies for Equity-to-Asset. This puts The Hongkong and Shanghai Hotels in the upper half of its industry. The industry median Equity-to-Asset is 0.51. The Hongkong and Shanghai Hotels' value of 0.66 is 29.4% above this benchmark. Historically, The Hongkong and Shanghai Hotels' own Equity-to-Asset has ranged from 0.62 to 0.80 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.51, The Hongkong and Shanghai Hotels 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 Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 855 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. The Hongkong and Shanghai Hotels's current Equity-to-Asset of 0.66 is 29.4% 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 The Hongkong and Shanghai Hotels and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hongkong and Shanghai Hotels's current Equity-to-Asset is 0.66, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hongkong and Shanghai Hotels stock overvalued right now?
The Hongkong and Shanghai Hotels (FRA:HSG) has a current Equity-to-Asset of 0.66. The stock's GF Value™ is €0.61, compared to a current price of €0.60 — trading 1.6% below its estimated fair value. The current Equity-to-Asset is 0.66, which is near median its 10-year median of 0.67 and 29.4% above the Travel & Leisure industry median of 0.51. The Hongkong and Shanghai Hotels' overall GF Score™ is 68/100 with 3 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 The Hongkong and Shanghai Hotels (FRA:HSG), the current Equity-to-Asset is 0.66 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 The Hongkong and Shanghai Hotels (FRA:HSG) Overvalued in 2026?

Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels stock appears to be undervalued. The current stock price of €0.60 is trading 1.6% below its estimated GF Value™ of €0.61.

Key valuation signals for FRA:HSG:

  • Equity-to-Asset: 0.66 (near median its 10-year median of 0.67)
  • GF Value™: €0.61 vs. price of €0.60 (1.6% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 29.4% above the Travel & Leisure median (#246 of 855)

No single metric tells the full story. See the FRA:HSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hongkong and Shanghai Hotels Business Description

Other Exchanges HKSHY:USA00045:Hong Kong
Address 2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG
The Hongkong and Shanghai Hotels Ltd is a luxury hospitality and real estate group. It owns and operates hotel properties under the Peninsula brand located in city centres across Asia, the U.S., and Europe. The company's assets comprise a small number of ultra-luxury hotels, real estate assets, and tourism assets, including The Peak Tram, one of Hong Kong's tourist attractions. The group's reportable segments are: Hotels, Commercial Properties, Peak Tram, Retail, and Others. Maximum revenue is generated from its Hotels segment, which includes revenue generated from operating hotels, leasing of commercial shopping arcades, and office premises located within the hotel buildings. Geographically, the group generates the majority of its revenue from Greater China.
68GF Score

Get the complete analysis for FRA:HSG

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.60
Price
€0.61
GF Value