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Thoresen Thai Agencies PCLTHAFF 77 Equity-to-Asset is 0.58 as of Jun. 2026, which is 5% above its 10-year median of 0.55. GuruFocus rates THAFF with a GF Score™ of 77/100 and a GF Value™ of $0.18. The stock has 9 warning signs investors should review. Among 557 Conglomerates companies, Thoresen Thai Agencies PCL ranks better than 66.43% 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%.
Thoresen Thai Agencies PCL Equity-to-Asset Related Terms
Thoresen Thai Agencies PCL Equity-to-Asset Historical Data
* 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.
For the Conglomerates subindustry, Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL Equity-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL (THAFF) has a Equity-to-Asset of 0.58 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thoresen Thai Agencies PCL and its competitors. This is near median its historical median of 0.55. Over the past decade, Thoresen Thai Agencies PCL's Equity-to-Asset has ranged from 0.50 to 0.61. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #187 out of 557 companies in the Conglomerates industry, placing it in the top 33.6%.
Is Thoresen Thai Agencies PCL's Equity-to-Asset too high?
Thoresen Thai Agencies PCL's current Equity-to-Asset of 0.58 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.61. The Conglomerates industry median Equity-to-Asset is 0.45. Thoresen Thai Agencies PCL's value of 0.58 is 28.9% above this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #187 out of 557 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Equity-to-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #187 out of 557 companies for Equity-to-Asset. This puts Thoresen Thai Agencies PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.45. Thoresen Thai Agencies PCL's value of 0.58 is 28.9% above this benchmark. Historically, Thoresen Thai Agencies PCL's own Equity-to-Asset has ranged from 0.50 to 0.61 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.45, Thoresen Thai Agencies PCL 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 557 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. Thoresen Thai Agencies PCL's current Equity-to-Asset of 0.58 is 28.9% 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates 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. Thoresen Thai Agencies PCL's current Equity-to-Asset is 0.58, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Equity-to-Asset of 0.58. The stock's GF Value™ is $0.18, compared to a current price of $0.20 — trading 11.1% above its estimated fair value. The current Equity-to-Asset is 0.58, which is near median its 10-year median of 0.55 and 28.9% above the Conglomerates industry median of 0.45. Thoresen Thai Agencies PCL's overall GF Score™ is 77/100 with 9 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 Thoresen Thai Agencies PCL (THAFF), the current Equity-to-Asset is 0.58 as of Jun. 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be overvalued.
The current stock price of $0.20 is trading 11.1% above its estimated GF Value™ of $0.18.
Key valuation signals for THAFF:
Equity-to-Asset: 0.58 (near median its 10-year median of 0.55)
GF Value™: $0.18 vs. price of $0.20 (11.1% above fair value)
Industry Position: 28.9% above the Conglomerates median (#187 of 557)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
77GF Score
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