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Alexander Forbes Group HoldingsJSE:AFH +1.16%62 Equity-to-Asset is 0.01 as of Mar. 2026, which is at its 10-year median of 0.01. GuruFocus rates JSE:AFH with a GF Score™ of 62/100 and a GF Value™ of R8.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 528 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 84.28% on this metric.
The historical rank and industry rank for Alexander Forbes Group Holdings's Equity-to-Asset or its related term are showing as below:
JSE:AFH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01
During the past 13 years, the highest Equity to Asset Ratio of Alexander Forbes Group Holdings was 0.02. The lowest was 0.01. And the median was 0.01.
JSE:AFH's Equity-to-Asset is ranked worse than 84.28% of 528
companies
in the Diversified Financial Services industry
Industry Median: 0.9
vs JSE:AFH: 0.01
Alexander Forbes Group Holdings (JSE:AFH) 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%.
Alexander Forbes Group Holdings Equity-to-Asset Related Terms
Alexander Forbes Group Holdings 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.
Alexander Forbes Group Holdings Equity-to-Asset Chart
For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings'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.
Alexander Forbes Group Holdings Equity-to-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alexander Forbes Group Holdings's Equity-to-Asset falls into.
Alexander Forbes Group Holdings 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.
Alexander Forbes Group Holdings (JSE:AFH) has a Equity-to-Asset of 0.01 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Alexander Forbes Group Holdings and its competitors. This is near median its historical median of 0.01. Over the past decade, Alexander Forbes Group Holdings' Equity-to-Asset has ranged from 0.01 to 0.02. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #445 out of 528 companies in the Diversified Financial Services industry, placing it in the top 84.3%.
Is Alexander Forbes Group Holdings' Equity-to-Asset too high?
Alexander Forbes Group Holdings' current Equity-to-Asset of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Diversified Financial Services industry median Equity-to-Asset is 0.90. Alexander Forbes Group Holdings' value of 0.01 is 98.9% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #445 out of 528 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Alexander Forbes Group Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Equity-to-Asset compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #445 out of 528 companies for Equity-to-Asset. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.90. Alexander Forbes Group Holdings' value of 0.01 is 98.9% below this benchmark. Historically, Alexander Forbes Group Holdings' own Equity-to-Asset has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.90, Alexander Forbes Group Holdings 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 Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.90, based on 528 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. Alexander Forbes Group Holdings's current Equity-to-Asset of 0.01 is 98.9% 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 Alexander Forbes Group Holdings and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current Equity-to-Asset is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.80, compared to a current price of R6.96 — trading 20.9% below its estimated fair value. The current Equity-to-Asset is 0.01, which is near median its 10-year median of 0.01 and 98.9% below the Diversified Financial Services industry median of 0.90. Alexander Forbes Group Holdings' overall GF Score™ is 62/100 with 4 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 Alexander Forbes Group Holdings (JSE:AFH), the current Equity-to-Asset is 0.01 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued.
The current stock price of R6.96 is trading 20.9% below its estimated GF Value™ of R8.80.
GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.
Key valuation signals for JSE:AFH:
Equity-to-Asset: 0.01 (near median its 10-year median of 0.01)
GF Value™: R8.80 vs. price of R6.96 (20.9% below fair value)
Industry Position: 98.9% below the Diversified Financial Services median (#445 of 528)
No single metric tells the full story. See the JSE:AFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
62GF Score
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