WRFRF (Wharf Real Estate Investment Co) Equity-to-Asset: 0.79 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WRFRF Wharf Real Estate Investment Co Ltd WRFRF
63 GF Score
Price $4.15
GF Value $3.11
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Wharf Real Estate Investment Co Equity-to-Asset?

Wharf Real Estate Investment Co WRFRF 63 Equity-to-Asset is 0.79 as of Dec. 2025, which is 4% above its 10-year median of 0.76. GuruFocus rates WRFRF with a GF Score™ of 63/100 and a GF Value™ of $3.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,801 Real Estate companies, Wharf Real Estate Investment Co ranks better than 86.95% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wharf Real Estate Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $23,353 Mil. Wharf Real Estate Investment Co's Total Assets for the quarter that ended in Dec. 2025 was $29,520 Mil. Therefore, Wharf Real Estate Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.79.

The historical rank and industry rank for Wharf Real Estate Investment Co's Equity-to-Asset or its related term are showing as below:

WRFRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.76   Max: 0.8
Current: 0.8

During the past 12 years, the highest Equity to Asset Ratio of Wharf Real Estate Investment Co was 0.80. The lowest was 0.74. And the median was 0.76.

WRFRF's Equity-to-Asset is ranked better than
86.95% of 1801 companies
in the Real Estate industry
Industry Median: 0.45 vs WRFRF: 0.80

Wharf Real Estate Investment Co  (OTCPK:WRFRF) 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%.


Wharf Real Estate Investment Co Equity-to-Asset Related Terms


Wharf Real Estate Investment Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Equity-to-Asset Chart

Wharf Real Estate Investment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.75 0.78 0.79 0.79

Wharf Real Estate Investment Co Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.79 0.79 0.79 0.80

WRFRF vs CBRE, BEKE, JLL: Equity-to-Asset Comparison

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.


Wharf Real Estate Investment Co Equity-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Equity-to-Asset falls into.


WRFRF
63GF Score
Wharf Real Estate Investment Co Ltd WRFRF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wharf Real Estate Investment Co Equity-to-Asset Calculation

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.

Wharf Real Estate Investment Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=23352.997/29520.486
=0.79

Wharf Real Estate Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=23352.997/29520.486
=0.79

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.79 mean?
Wharf Real Estate Investment Co (WRFRF) has a Equity-to-Asset of 0.79 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wharf Real Estate Investment Co and its competitors. This is near median its historical median of 0.76. Over the past decade, Wharf Real Estate Investment Co's Equity-to-Asset has ranged from 0.74 to 0.80. According to the industry distribution chart, Wharf Real Estate Investment Co ranks #235 out of 1801 companies in the Real Estate industry, placing it in the top 13%.
Is Wharf Real Estate Investment Co's Equity-to-Asset too high?
Wharf Real Estate Investment Co's current Equity-to-Asset of 0.79 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.80. The Real Estate industry median Equity-to-Asset is 0.45. Wharf Real Estate Investment Co's value of 0.79 is 75.6% above this industry median. Based on the distribution chart, Wharf Real Estate Investment Co ranks #235 out of 1801 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Wharf Real Estate Investment Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wharf Real Estate Investment Co's Equity-to-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wharf Real Estate Investment Co ranks #235 out of 1801 companies for Equity-to-Asset. This places Wharf Real Estate Investment Co in the top 13% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.45. Wharf Real Estate Investment Co's value of 0.79 is 75.6% above this benchmark. Historically, Wharf Real Estate Investment Co's own Equity-to-Asset has ranged from 0.74 to 0.80 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.45, Wharf Real Estate Investment Co 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.45, based on 1,801 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. Wharf Real Estate Investment Co's current Equity-to-Asset of 0.79 is 75.6% 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 Wharf Real Estate Investment Co 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. Wharf Real Estate Investment Co's current Equity-to-Asset is 0.79, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wharf Real Estate Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co (WRFRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.11, compared to a current price of $4.15 — trading 33.4% above its estimated fair value. The current Equity-to-Asset is 0.79, which is near median its 10-year median of 0.76 and 75.6% above the Real Estate industry median of 0.45. Wharf Real Estate Investment Co's overall GF Score™ is 63/100 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 Wharf Real Estate Investment Co (WRFRF), the current Equity-to-Asset is 0.79 as of Dec. 2025. 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 Wharf Real Estate Investment Co (WRFRF) Overvalued in 2026?

Based on GuruFocus' analysis, Wharf Real Estate Investment Co stock appears to be overvalued. The current stock price of $4.15 is trading 33.4% above its estimated GF Value™ of $3.11. GuruFocus considers Wharf Real Estate Investment Co to be Significantly Overvalued.

Key valuation signals for WRFRF:

  • Equity-to-Asset: 0.79 (near median its 10-year median of 0.76)
  • GF Value™: $3.11 vs. price of $4.15 (33.4% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 75.6% above the Real Estate median (#235 of 1801)

No single metric tells the full story. See the WRFRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wharf Real Estate Investment Co Business Description

Other Exchanges 01997:Hong Kong4WF:Germany
Address Canton Road, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG
Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 85% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 49% stake in the group.
63GF Score

Get the complete analysis for WRFRF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.15
Price
$3.11
GF Value