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.
PSG Financial ServicesNAM:KFS 81 Equity-to-Asset is 0.04 as of Feb. 2026, which is 20% below its 10-year median of 0.05. GuruFocus rates NAM:KFS with a GF Score™ of 81/100 and a GF Value™ of R21.37 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,632 Asset Management companies, PSG Financial Services ranks worse than 97.49% on this metric.
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%.
PSG Financial Services Equity-to-Asset Related Terms
PSG Financial Services Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for PSG Financial Services'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.
NAM:KFS vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, PSG Financial Services'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.
PSG Financial Services Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PSG Financial Services's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PSG Financial Services'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.
PSG Financial Services's Equity to Asset Ratio for the fiscal year that ended in Feb. 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.
PSG Financial Services (NAM:KFS) has a Equity-to-Asset of 0.04 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PSG Financial Services and its competitors. This is 20% below median its historical median of 0.05. Over the past decade, PSG Financial Services' Equity-to-Asset has ranged from 0.04 to 0.05. According to the industry distribution chart, PSG Financial Services ranks #1591 out of 1632 companies in the Asset Management industry, placing it in the top 97.5%.
Is PSG Financial Services' Equity-to-Asset too high?
PSG Financial Services' current Equity-to-Asset of 0.04 is 20% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.05. The Asset Management industry median Equity-to-Asset is 0.83. PSG Financial Services' value of 0.04 is 95.2% below this industry median. Based on the distribution chart, PSG Financial Services ranks #1591 out of 1632 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, PSG Financial Services has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, PSG Financial Services ranks #1591 out of 1632 companies for Equity-to-Asset. This places PSG Financial Services in the lower half of its industry. The industry median Equity-to-Asset is 0.83. PSG Financial Services' value of 0.04 is 95.2% below this benchmark. Historically, PSG Financial Services' own Equity-to-Asset has ranged from 0.04 to 0.05 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.83, PSG Financial Services 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 an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,632 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. PSG Financial Services's current Equity-to-Asset of 0.04 is 95.2% 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 PSG Financial Services 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. PSG Financial Services's current Equity-to-Asset is 0.04, which is 20% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R21.37, compared to a current price of R35.62 — trading 66.7% above its estimated fair value. The current Equity-to-Asset is 0.04, which is 20% below median its 10-year median of 0.05 and 95.2% below the Asset Management industry median of 0.83. PSG Financial Services' overall GF Score™ is 81/100 with 7 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 PSG Financial Services (NAM:KFS), the current Equity-to-Asset is 0.04 as of Feb. 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?
Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued.
The current stock price of R35.62 is trading 66.7% above its estimated GF Value™ of R21.37.
GuruFocus considers PSG Financial Services to be Significantly Overvalued.
Key valuation signals for NAM:KFS:
Equity-to-Asset: 0.04 (20% below median its 10-year median of 0.05)
GF Value™: R21.37 vs. price of R35.62 (66.7% above fair value)
Industry Position: 95.2% below the Asset Management median (#1591 of 1632)
No single metric tells the full story. See the NAM:KFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
81GF Score
Get the complete analysis for NAM:KFS
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
NAM:KFS has been successfully added to your 
