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Telemasters HoldingsJSE:TLM 61 Equity-to-Asset is 0.62 as of Dec. 2025, which is 7% below its 10-year median of 0.67. GuruFocus rates JSE:TLM with a GF Score™ of 61/100 and a GF Value™ of R1.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 371 Telecommunication Services companies, Telemasters Holdings ranks better than 81.67% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Telemasters Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R33.71 Mil. Telemasters Holdings's Total Assets for the quarter that ended in Dec. 2025 was R54.04 Mil.
Therefore, Telemasters Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.62.
The historical rank and industry rank for Telemasters Holdings's Equity-to-Asset or its related term are showing as below:
JSE:TLM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.67 Max: 0.86
Current: 0.62
During the past 13 years, the highest Equity to Asset Ratio of Telemasters Holdings was 0.86. The lowest was 0.53. And the median was 0.67.
JSE:TLM's Equity-to-Asset is ranked better than 81.67% of 371
companies
in the Telecommunication Services industry
Industry Median: 0.39
vs JSE:TLM: 0.62
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%.
Telemasters Holdings Equity-to-Asset Related Terms
Telemasters Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Telemasters Holdings'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.
JSE:TLM vs VZ, TMUS, T: Equity-to-Asset Comparison
For the Telecom Services subindustry, Telemasters 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.
Telemasters Holdings Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telemasters Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Telemasters Holdings'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.
Telemasters Holdings'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.
Telemasters Holdings (JSE:TLM) has a Equity-to-Asset of 0.62 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Telemasters Holdings and its competitors. This is near median its historical median of 0.67. Over the past decade, Telemasters Holdings' Equity-to-Asset has ranged from 0.53 to 0.86. According to the industry distribution chart, Telemasters Holdings ranks #68 out of 371 companies in the Telecommunication Services industry, placing it in the top 18.3%.
Is Telemasters Holdings' Equity-to-Asset too high?
Telemasters Holdings' current Equity-to-Asset of 0.62 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.86. The Telecommunication Services industry median Equity-to-Asset is 0.39. Telemasters Holdings' value of 0.62 is 59% above this industry median. Based on the distribution chart, Telemasters Holdings ranks #68 out of 371 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telemasters Holdings has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telemasters Holdings' Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telemasters Holdings ranks #68 out of 371 companies for Equity-to-Asset. This places Telemasters Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.39. Telemasters Holdings' value of 0.62 is 59% above this benchmark. Historically, Telemasters Holdings' own Equity-to-Asset has ranged from 0.53 to 0.86 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.39, Telemasters Holdings 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 371 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. Telemasters Holdings's current Equity-to-Asset of 0.62 is 59% 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 Telemasters Holdings and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telemasters Holdings's current Equity-to-Asset is 0.62, 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 Telemasters Holdings stock overvalued right now?
Based on GuruFocus' analysis, Telemasters Holdings (JSE:TLM) is currently considered Fairly Valued. The stock's GF Value™ is R1.10, compared to a current price of R1.00 — trading 9.1% below its estimated fair value. The current Equity-to-Asset is 0.62, which is near median its 10-year median of 0.67 and 59% above the Telecommunication Services industry median of 0.39. Telemasters Holdings' overall GF Score™ is 61/100 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 Telemasters Holdings (JSE:TLM), the current Equity-to-Asset is 0.62 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 Telemasters Holdings (JSE:TLM) Overvalued in 2026?
Based on GuruFocus' analysis, Telemasters Holdings stock appears to be undervalued.
The current stock price of R1.00 is trading 9.1% below its estimated GF Value™ of R1.10.
GuruFocus considers Telemasters Holdings to be Fairly Valued.
Key valuation signals for JSE:TLM:
Equity-to-Asset: 0.62 (near median its 10-year median of 0.67)
GF Value™: R1.10 vs. price of R1.00 (9.1% below fair value)
Industry Position: 59% above the Telecommunication Services median (#68 of 371)
No single metric tells the full story. See the JSE:TLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telemasters Holdings Ltd is a diversified technology investment company. It provides comprehensive telecommunications services including internet connectivity, cloud solutions, and data storage tailored for businesses across South Africa. The company's reporting segments are: ICT Managed Solutions, Data Centre Services and Corporate. It generates the majority of revenue from the ICT Managed Solutions segment, which provides i) ICT managed solutions to medium and small enterprises through a comprehensive suite of products and services focused on digital connectivity and ii) Data Centre Services.
61GF Score
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