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HeveaBoard BhdXKLS:5095 -8.00%32 Equity-to-Asset is 0.82 as of Jun. 2026, which is 2% below its 10-year median of 0.84. GuruFocus rates XKLS:5095 with a GF Score™ of 32/100 and a GF Value™ of RM0.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 284 Forest Products companies, HeveaBoard Bhd ranks better than 90.49% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HeveaBoard Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM339.5 Mil. HeveaBoard Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM414.8 Mil.
Therefore, HeveaBoard Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.82.
The historical rank and industry rank for HeveaBoard Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:5095'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8 Med: 0.84 Max: 0.88
Current: 0.82
During the past 13 years, the highest Equity to Asset Ratio of HeveaBoard Bhd was 0.88. The lowest was 0.80. And the median was 0.84.
XKLS:5095's Equity-to-Asset is ranked better than 90.49% of 284
companies
in the Forest Products industry
Industry Median: 0.54
vs XKLS:5095: 0.82
HeveaBoard Bhd (XKLS:5095) 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%.
HeveaBoard Bhd Equity-to-Asset Related Terms
HeveaBoard Bhd Equity-to-Asset Historical Data
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The historical data trend for HeveaBoard Bhd'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.
XKLS:5095 vs SSD, UFPI, BCC: Equity-to-Asset Comparison
For the Lumber & Wood Production subindustry, HeveaBoard Bhd'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.
HeveaBoard Bhd Equity-to-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, HeveaBoard Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HeveaBoard Bhd'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.
HeveaBoard Bhd'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.
HeveaBoard Bhd (XKLS:5095) has a Equity-to-Asset of 0.82 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HeveaBoard Bhd and its competitors. This is near median its historical median of 0.84. Over the past decade, HeveaBoard Bhd's Equity-to-Asset has ranged from 0.80 to 0.88. According to the industry distribution chart, HeveaBoard Bhd ranks #27 out of 284 companies in the Forest Products industry, placing it in the top 9.5%.
Is HeveaBoard Bhd's Equity-to-Asset too high?
HeveaBoard Bhd's current Equity-to-Asset of 0.82 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 0.88. The Forest Products industry median Equity-to-Asset is 0.54. HeveaBoard Bhd's value of 0.82 is 51.9% above this industry median. Based on the distribution chart, HeveaBoard Bhd ranks #27 out of 284 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, HeveaBoard Bhd has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HeveaBoard Bhd's Equity-to-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, HeveaBoard Bhd ranks #27 out of 284 companies for Equity-to-Asset. This places HeveaBoard Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. HeveaBoard Bhd's value of 0.82 is 51.9% above this benchmark. Historically, HeveaBoard Bhd's own Equity-to-Asset has ranged from 0.80 to 0.88 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.54, HeveaBoard Bhd 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 Forest Products company?
The median Equity-to-Asset among Forest Products companies is 0.54, based on 284 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. HeveaBoard Bhd's current Equity-to-Asset of 0.82 is 51.9% 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 HeveaBoard Bhd and its competitors. For the Forest Products industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeveaBoard Bhd's current Equity-to-Asset is 0.82, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeveaBoard Bhd stock overvalued right now?
Based on GuruFocus' analysis, HeveaBoard Bhd (XKLS:5095) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.12 — trading 47.7% below its estimated fair value. The current Equity-to-Asset is 0.82, which is near median its 10-year median of 0.84 and 51.9% above the Forest Products industry median of 0.54. HeveaBoard Bhd's overall GF Score™ is 32/100 with 5 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 HeveaBoard Bhd (XKLS:5095), the current Equity-to-Asset is 0.82 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 HeveaBoard Bhd (XKLS:5095) Overvalued in 2026?
Based on GuruFocus' analysis, HeveaBoard Bhd stock appears to be undervalued.
The current stock price of RM0.12 is trading 47.7% below its estimated GF Value™ of RM0.22.
GuruFocus considers HeveaBoard Bhd to be Possible Value Trap.
Key valuation signals for XKLS:5095:
Equity-to-Asset: 0.82 (near median its 10-year median of 0.84)
GF Value™: RM0.22 vs. price of RM0.12 (47.7% below fair value)
Industry Position: 51.9% above the Forest Products median (#27 of 284)
No single metric tells the full story. See the XKLS:5095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HeveaBoard Bhd operates in the particleboard business. It is engaged in the manufacturing, trading, and distribution of a wide range of particleboard and particleboard-based products. It operates through the Particleboards segment, Ready-to-assemble products segment, Cultivation and trading of gourmet fungi segment, and Other segments. The Particleboards segment is involved in the business of manufacturing and trading of particleboards and other panel boards. The Ready-to-assemble segment generates maximum revenue and is involved in the business of manufacturing and trading of ready-to-assemble furniture. The Others segment is engaged in investment holding. Its products are used for furniture components, dining sets, speaker boxes, door manufacturing, and office systems.
32GF Score
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