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SM Prime HoldingsPHS:SMPH +2.31%90 Equity-to-Asset is 0.43 as of Mar. 2026, which is at its 10-year median of 0.43. GuruFocus rates PHS:SMPH with a GF Score™ of 90/100 and a GF Value™ of ₱28.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,798 Real Estate companies, SM Prime Holdings ranks worse than 51.72% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SM Prime Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₱474,585 Mil. SM Prime Holdings's Total Assets for the quarter that ended in Mar. 2026 was ₱1,110,880 Mil.
Therefore, SM Prime Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.43.
The historical rank and industry rank for SM Prime Holdings's Equity-to-Asset or its related term are showing as below:
PHS:SMPH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.43 Max: 0.5
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of SM Prime Holdings was 0.50. The lowest was 0.40. And the median was 0.43.
PHS:SMPH's Equity-to-Asset is ranked worse than 51.72% of 1798
companies
in the Real Estate industry
Industry Median: 0.45
vs PHS:SMPH: 0.43
SM Prime Holdings (PHS:SMPH) 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%.
SM Prime Holdings Equity-to-Asset Related Terms
SM Prime Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SM Prime 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.
SM Prime Holdings Equity-to-Asset Competitor Comparison
For the Real Estate - Diversified subindustry, SM Prime 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.
SM Prime Holdings Equity-to-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SM Prime Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SM Prime 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.
SM Prime Holdings'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.
SM Prime Holdings (PHS:SMPH) has a Equity-to-Asset of 0.43 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SM Prime Holdings and its competitors. This is near median its historical median of 0.43. Over the past decade, SM Prime Holdings' Equity-to-Asset has ranged from 0.40 to 0.50. According to the industry distribution chart, SM Prime Holdings ranks #930 out of 1798 companies in the Real Estate industry, placing it in the top 51.7%.
Is SM Prime Holdings' Equity-to-Asset too high?
SM Prime Holdings' current Equity-to-Asset of 0.43 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.50. The Real Estate industry median Equity-to-Asset is 0.45. SM Prime Holdings' value of 0.43 is 4.4% below this industry median. Based on the distribution chart, SM Prime Holdings ranks #930 out of 1798 companies in the Real Estate industry, which is below the industry midpoint. Overall, SM Prime Holdings has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, SM Prime Holdings ranks #930 out of 1798 companies for Equity-to-Asset. This places SM Prime Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.45. SM Prime Holdings' value of 0.43 is 4.4% below this benchmark. Historically, SM Prime Holdings' own Equity-to-Asset has ranged from 0.40 to 0.50 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.45, SM Prime 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.45, based on 1,798 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. SM Prime Holdings's current Equity-to-Asset of 0.43 is 4.4% 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 SM Prime Holdings and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Prime Holdings's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (PHS:SMPH) is currently considered Possible Value Trap. The stock's GF Value™ is ₱28.32, compared to a current price of ₱18.62 — trading 34.3% below its estimated fair value. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.43 and 4.4% below the Real Estate industry median of 0.45. SM Prime Holdings' overall GF Score™ is 90/100 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 SM Prime Holdings (PHS:SMPH), the current Equity-to-Asset is 0.43 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 SM Prime Holdings (PHS:SMPH) Overvalued in 2026?
Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued.
The current stock price of ₱18.62 is trading 34.3% below its estimated GF Value™ of ₱28.32.
GuruFocus considers SM Prime Holdings to be Possible Value Trap.
Key valuation signals for PHS:SMPH:
Equity-to-Asset: 0.43 (near median its 10-year median of 0.43)
GF Value™: ₱28.32 vs. price of ₱18.62 (34.3% below fair value)
Industry Position: 4.4% below the Real Estate median (#930 of 1798)
No single metric tells the full story. See the PHS:SMPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
90GF Score
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