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IGB Commercial REITXKLS:5299 38 Equity-to-Asset is 0.70 as of Jun. 2026, which is at its 10-year median of 0.70. GuruFocus rates XKLS:5299 with a GF Score™ of 38/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 925 REITs companies, IGB Commercial REIT ranks better than 66.38% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IGB Commercial REIT's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM2,329.1 Mil. IGB Commercial REIT's Total Assets for the quarter that ended in Jun. 2026 was RM3,348.0 Mil.
Therefore, IGB Commercial REIT's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.70.
The historical rank and industry rank for IGB Commercial REIT's Equity-to-Asset or its related term are showing as below:
XKLS:5299'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68 Med: 0.7 Max: 0.71
Current: 0.7
During the past 8 years, the highest Equity to Asset Ratio of IGB Commercial REIT was 0.71. The lowest was 0.68. And the median was 0.70.
XKLS:5299's Equity-to-Asset is ranked better than 66.38% of 925
companies
in the REITs industry
Industry Median: 0.59
vs XKLS:5299: 0.70
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%.
IGB Commercial REIT Equity-to-Asset Related Terms
IGB Commercial REIT Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for IGB Commercial REIT'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:5299 vs BXP, ARE, VNO: Equity-to-Asset Comparison
For the REIT - Office subindustry, IGB Commercial REIT'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.
IGB Commercial REIT Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, IGB Commercial REIT's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where IGB Commercial REIT'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.
IGB Commercial REIT'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.
IGB Commercial REIT (XKLS:5299) has a Equity-to-Asset of 0.70 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on IGB Commercial REIT and its competitors. This is near median its historical median of 0.70. Over the past decade, IGB Commercial REIT's Equity-to-Asset has ranged from 0.68 to 0.71. According to the industry distribution chart, IGB Commercial REIT ranks #311 out of 925 companies in the REITs industry, placing it in the top 33.6%.
Is IGB Commercial REIT's Equity-to-Asset too high?
IGB Commercial REIT's current Equity-to-Asset of 0.70 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 0.71. The REITs industry median Equity-to-Asset is 0.59. IGB Commercial REIT's value of 0.70 is 18.6% above this industry median. Based on the distribution chart, IGB Commercial REIT ranks #311 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Equity-to-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #311 out of 925 companies for Equity-to-Asset. This puts IGB Commercial REIT in the upper half of its industry. The industry median Equity-to-Asset is 0.59. IGB Commercial REIT's value of 0.70 is 18.6% above this benchmark. Historically, IGB Commercial REIT's own Equity-to-Asset has ranged from 0.68 to 0.71 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.59, IGB Commercial REIT 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 REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 925 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. IGB Commercial REIT's current Equity-to-Asset of 0.70 is 18.6% 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 IGB Commercial REIT and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current Equity-to-Asset is 0.70, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 3.2% below its estimated fair value. The current Equity-to-Asset is 0.70, which is near median its 10-year median of 0.70 and 18.6% above the REITs industry median of 0.59. IGB Commercial REIT's overall GF Score™ is 38/100 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 IGB Commercial REIT (XKLS:5299), the current Equity-to-Asset is 0.70 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued.
The current stock price of RM0.61 is trading 3.2% below its estimated GF Value™ of RM0.63.
GuruFocus considers IGB Commercial REIT to be Fairly Valued.
Key valuation signals for XKLS:5299:
Equity-to-Asset: 0.70 (near median its 10-year median of 0.70)
GF Value™: RM0.63 vs. price of RM0.61 (3.2% below fair value)
Industry Position: 18.6% above the REITs median (#311 of 925)
No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
38GF Score
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