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Max's GroupPHS:MAXS 71 Equity-to-Asset is 0.46 as of Mar. 2026, which is 15% above its 10-year median of 0.40. GuruFocus rates PHS:MAXS with a GF Score™ of 71/100 and a GF Value™ of ₱3.55 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 363 Restaurants companies, Max's Group ranks better than 62.26% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Max's Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₱5,873 Mil. Max's Group's Total Assets for the quarter that ended in Mar. 2026 was ₱12,693 Mil.
Therefore, Max's Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.46.
The historical rank and industry rank for Max's Group's Equity-to-Asset or its related term are showing as below:
PHS:MAXS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.4 Max: 0.46
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of Max's Group was 0.46. The lowest was 0.25. And the median was 0.40.
PHS:MAXS's Equity-to-Asset is ranked better than 62.26% of 363
companies
in the Restaurants industry
Industry Median: 0.39
vs PHS:MAXS: 0.46
Max's Group (PHS:MAXS) 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%.
Max's Group Equity-to-Asset Related Terms
Max's Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Max's 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.
PHS:MAXS vs MCD, SBUX, YUM: Equity-to-Asset Comparison
For the Restaurants subindustry, Max's 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.
Max's Group Equity-to-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Max's Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Max's 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.
Max's Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Max's Group (PHS:MAXS) has a Equity-to-Asset of 0.46 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Max's Group and its competitors. This is 15% above median its historical median of 0.40. Over the past decade, Max's Group's Equity-to-Asset has ranged from 0.25 to 0.46. According to the industry distribution chart, Max's Group ranks #137 out of 363 companies in the Restaurants industry, placing it in the top 37.7%.
Is Max's Group's Equity-to-Asset too high?
Max's Group's current Equity-to-Asset of 0.46 is 15% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.46. The Restaurants industry median Equity-to-Asset is 0.39. Max's Group's value of 0.46 is 17.9% above this industry median. Based on the distribution chart, Max's Group ranks #137 out of 363 companies in the Restaurants industry, which is above the industry midpoint. Overall, Max's Group has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Max's Group's Equity-to-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Max's Group ranks #137 out of 363 companies for Equity-to-Asset. This puts Max's Group in the upper half of its industry. The industry median Equity-to-Asset is 0.39. Max's Group's value of 0.46 is 17.9% above this benchmark. Historically, Max's Group's own Equity-to-Asset has ranged from 0.25 to 0.46 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.39, Max's Group 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 Restaurants company?
The median Equity-to-Asset among Restaurants companies is 0.39, based on 363 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. Max's Group's current Equity-to-Asset of 0.46 is 17.9% 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 Max's Group and its competitors. For the Restaurants 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. Max's Group's current Equity-to-Asset is 0.46, which is 15% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max's Group stock overvalued right now?
Based on GuruFocus' analysis, Max's Group (PHS:MAXS) is currently considered Possible Value Trap. The stock's GF Value™ is ₱3.55, compared to a current price of ₱2.10 — trading 40.8% below its estimated fair value. The current Equity-to-Asset is 0.46, which is 15% above median its 10-year median of 0.40 and 17.9% above the Restaurants industry median of 0.39. Max's Group's overall GF Score™ is 71/100 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 Max's Group (PHS:MAXS), the current Equity-to-Asset is 0.46 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 Max's Group (PHS:MAXS) Overvalued in 2026?
Based on GuruFocus' analysis, Max's Group stock appears to be undervalued.
The current stock price of ₱2.10 is trading 40.8% below its estimated GF Value™ of ₱3.55.
GuruFocus considers Max's Group to be Possible Value Trap.
Key valuation signals for PHS:MAXS:
Equity-to-Asset: 0.46 (15% above median its 10-year median of 0.40)
GF Value™: ₱3.55 vs. price of ₱2.10 (40.8% below fair value)
Industry Position: 17.9% above the Restaurants median (#137 of 363)
No single metric tells the full story. See the PHS:MAXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max's Group Inc is engaged in the business of establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, cocktail lounges and catering food. The company operates under the under the name and styles of Max's Restaurant, Pancake House, Maple, Dencio's, Singkit, Yellow Cab, Teriyaki Boy, Sizzlin' Steak, Max's Corner Bakery, Max's Group Kitchen, Max's All About Chicken, and All About Chicken. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company has three business segments, namely: Food service, Commissary and Support services. It derives maximum revenue from the food services segment, which is involved in the operation and preparation of food products to be sold to company-owned and franchised stores.
71GF Score
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