Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Kiwi Property GroupKWIPF 41 Equity-to-Asset is 0.57 as of Mar. 2026, which is 7% below its 10-year median of 0.61. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.46 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 926 REITs companies, Kiwi Property Group ranks worse than 50.97% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kiwi Property Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,076.5 Mil. Kiwi Property Group's Total Assets for the quarter that ended in Mar. 2026 was $1,900.5 Mil.
Therefore, Kiwi Property Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.57.
The historical rank and industry rank for Kiwi Property Group's Equity-to-Asset or its related term are showing as below:
KWIPF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.61 Max: 0.65
Current: 0.57
During the past 12 years, the highest Equity to Asset Ratio of Kiwi Property Group was 0.65. The lowest was 0.56. And the median was 0.61.
KWIPF's Equity-to-Asset is ranked worse than 50.97% of 926
companies
in the REITs industry
Industry Median: 0.58
vs KWIPF: 0.57
Kiwi Property Group (OTCPK:KWIPF) 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%.
Kiwi Property Group Equity-to-Asset Related Terms
Kiwi Property Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Kiwi Property Group'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.
KWIPF vs VICI, WPC, BNL: Equity-to-Asset Comparison
For the REIT - Diversified subindustry, Kiwi Property Group'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.
Kiwi Property Group Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kiwi Property Group'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.
Kiwi Property Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Kiwi Property Group (KWIPF) has a Equity-to-Asset of 0.57 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kiwi Property Group and its competitors. This is near median its historical median of 0.61. Over the past decade, Kiwi Property Group's Equity-to-Asset has ranged from 0.56 to 0.65. According to the industry distribution chart, Kiwi Property Group ranks #472 out of 926 companies in the REITs industry, placing it in the top 51%.
Is Kiwi Property Group's Equity-to-Asset too high?
Kiwi Property Group's current Equity-to-Asset of 0.57 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.65. The REITs industry median Equity-to-Asset is 0.58. Kiwi Property Group's value of 0.57 is 1.7% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #472 out of 926 companies in the REITs industry, which is below the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Equity-to-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #472 out of 926 companies for Equity-to-Asset. This places Kiwi Property Group in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Kiwi Property Group's value of 0.57 is 1.7% below this benchmark. Historically, Kiwi Property Group's own Equity-to-Asset has ranged from 0.56 to 0.65 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.58, Kiwi Property Group 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 926 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. Kiwi Property Group's current Equity-to-Asset of 0.57 is 1.7% 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 Kiwi Property Group 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. Kiwi Property Group's current Equity-to-Asset is 0.57, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.46, compared to a current price of $0.53 — trading 15.5% above its estimated fair value. The current Equity-to-Asset is 0.57, which is near median its 10-year median of 0.61 and 1.7% below the REITs industry median of 0.58. Kiwi Property Group's overall GF Score™ is 41/100 with 10 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 Kiwi Property Group (KWIPF), the current Equity-to-Asset is 0.57 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 Kiwi Property Group (KWIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of $0.53 is trading 15.5% above its estimated GF Value™ of $0.46.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for KWIPF:
Equity-to-Asset: 0.57 (near median its 10-year median of 0.61)
GF Value™: $0.46 vs. price of $0.53 (15.5% above fair value)
Industry Position: 1.7% below the REITs median (#472 of 926)
No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score
Get the complete analysis for KWIPF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KWIPF has been successfully added to your 
