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KBC AncoraFRA:KB9 -0.55%74 Equity-to-Asset is 0.97 as of Dec. 2025, which is 8% above its 10-year median of 0.90. GuruFocus rates FRA:KB9 with a GF Score™ of 74/100 and a GF Value™ of €58.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,633 Asset Management companies, KBC Ancora ranks better than 78.26% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. KBC Ancora's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €3,603.1 Mil. KBC Ancora's Total Assets for the quarter that ended in Dec. 2025 was €3,705.7 Mil.
Therefore, KBC Ancora's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.97.
The historical rank and industry rank for KBC Ancora's Equity-to-Asset or its related term are showing as below:
FRA:KB9'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84 Med: 0.9 Max: 0.97
Current: 0.97
During the past 13 years, the highest Equity to Asset Ratio of KBC Ancora was 0.97. The lowest was 0.84. And the median was 0.90.
FRA:KB9's Equity-to-Asset is ranked better than 78.26% of 1633
companies
in the Asset Management industry
Industry Median: 0.83
vs FRA:KB9: 0.97
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%.
KBC Ancora Equity-to-Asset Related Terms
KBC Ancora Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for KBC Ancora'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.
FRA:KB9 vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, KBC Ancora'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.
KBC Ancora Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, KBC Ancora's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where KBC Ancora'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.
KBC Ancora's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
KBC Ancora (FRA:KB9) has a Equity-to-Asset of 0.97 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on KBC Ancora and its competitors. This is near median its historical median of 0.90. Over the past decade, KBC Ancora's Equity-to-Asset has ranged from 0.84 to 0.97. According to the industry distribution chart, KBC Ancora ranks #355 out of 1633 companies in the Asset Management industry, placing it in the top 21.7%.
Is KBC Ancora's Equity-to-Asset too high?
KBC Ancora's current Equity-to-Asset of 0.97 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 0.97. The Asset Management industry median Equity-to-Asset is 0.83. KBC Ancora's value of 0.97 is 16.9% above this industry median. Based on the distribution chart, KBC Ancora ranks #355 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, KBC Ancora has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBC Ancora's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, KBC Ancora ranks #355 out of 1633 companies for Equity-to-Asset. This places KBC Ancora in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. KBC Ancora's value of 0.97 is 16.9% above this benchmark. Historically, KBC Ancora's own Equity-to-Asset has ranged from 0.84 to 0.97 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.83, KBC Ancora 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 an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,633 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. KBC Ancora's current Equity-to-Asset of 0.97 is 16.9% 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 KBC Ancora and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBC Ancora's current Equity-to-Asset is 0.97, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBC Ancora stock overvalued right now?
Based on GuruFocus' analysis, KBC Ancora (FRA:KB9) is currently considered Significantly Overvalued. The stock's GF Value™ is €58.78, compared to a current price of €91.10 — trading 55% above its estimated fair value. The current Equity-to-Asset is 0.97, which is near median its 10-year median of 0.90 and 16.9% above the Asset Management industry median of 0.83. KBC Ancora's overall GF Score™ is 74/100 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 KBC Ancora (FRA:KB9), the current Equity-to-Asset is 0.97 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 KBC Ancora (FRA:KB9) Overvalued in 2026?
Based on GuruFocus' analysis, KBC Ancora stock appears to be overvalued.
The current stock price of €91.10 is trading 55% above its estimated GF Value™ of €58.78.
GuruFocus considers KBC Ancora to be Significantly Overvalued.
Key valuation signals for FRA:KB9:
Equity-to-Asset: 0.97 (near median its 10-year median of 0.90)
GF Value™: €58.78 vs. price of €91.10 (55% above fair value)
Industry Position: 16.9% above the Asset Management median (#355 of 1633)
No single metric tells the full story. See the FRA:KB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KBC Ancora SA is a financial services holding company whose sole asset is a substantial participating interest in KBC Group. Its operational activities are fairly limited. The group engages in retail banking, insurance, and asset management services, deriving the vast majority of its profits from activities in Belgium. Other profit-driving markets include the Czech Republic, Bulgaria, and Ireland. Revenue is reported through net interest income, insurance premiums, and fees and commissions, reflecting a diverse range of services.
74GF Score
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