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Ajiya BhdXKLS:7609 54 Equity-to-Asset is 0.90 as of Jun. 2026, which is 14% above its 10-year median of 0.79. GuruFocus rates XKLS:7609 with a GF Score™ of 54/100 and a GF Value™ of RM0.78 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,790 Construction companies, Ajiya Bhd ranks better than 97.88% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ajiya Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM646.6 Mil. Ajiya Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM720.7 Mil.
The historical rank and industry rank for Ajiya Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:7609'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69 Med: 0.79 Max: 0.9
Current: 0.9
During the past 13 years, the highest Equity to Asset Ratio of Ajiya Bhd was 0.90. The lowest was 0.69. And the median was 0.79.
XKLS:7609's Equity-to-Asset is ranked better than 97.88% of 1790
companies
in the Construction industry
Industry Median: 0.45
vs XKLS:7609: 0.90
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%.
Ajiya Bhd Equity-to-Asset Related Terms
Ajiya Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ajiya 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:7609 vs TT, JCI, CARR: Equity-to-Asset Comparison
For the Building Products & Equipment subindustry, Ajiya 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.
Ajiya Bhd Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ajiya Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ajiya 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.
Ajiya 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.
Ajiya Bhd (XKLS:7609) has a Equity-to-Asset of 0.90 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ajiya Bhd and its competitors. This is 14% above median its historical median of 0.79. Over the past decade, Ajiya Bhd's Equity-to-Asset has ranged from 0.69 to 0.90. According to the industry distribution chart, Ajiya Bhd ranks #38 out of 1790 companies in the Construction industry, placing it in the top 2.1%.
Is Ajiya Bhd's Equity-to-Asset too high?
Ajiya Bhd's current Equity-to-Asset of 0.90 is 14% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 0.90. The Construction industry median Equity-to-Asset is 0.45. Ajiya Bhd's value of 0.90 is 100% above this industry median. Based on the distribution chart, Ajiya Bhd ranks #38 out of 1790 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ajiya Bhd has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajiya Bhd's Equity-to-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Ajiya Bhd ranks #38 out of 1790 companies for Equity-to-Asset. This places Ajiya Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.45. Ajiya Bhd's value of 0.90 is 100% above this benchmark. Historically, Ajiya Bhd's own Equity-to-Asset has ranged from 0.69 to 0.90 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.45, Ajiya 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,790 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. Ajiya Bhd's current Equity-to-Asset of 0.90 is 100% 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 Ajiya Bhd and its competitors. For the Construction 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. Ajiya Bhd's current Equity-to-Asset is 0.90, which is 14% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajiya Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajiya Bhd (XKLS:7609) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.78, compared to a current price of RM0.99 — trading 26.9% above its estimated fair value. The current Equity-to-Asset is 0.90, which is 14% above median its 10-year median of 0.79 and 100% above the Construction industry median of 0.45. Ajiya Bhd's overall GF Score™ is 54/100 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 Ajiya Bhd (XKLS:7609), the current Equity-to-Asset is 0.90 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 Ajiya Bhd (XKLS:7609) Overvalued in 2026?
Based on GuruFocus' analysis, Ajiya Bhd stock appears to be overvalued.
The current stock price of RM0.99 is trading 26.9% above its estimated GF Value™ of RM0.78.
GuruFocus considers Ajiya Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:7609:
Equity-to-Asset: 0.90 (14% above median its 10-year median of 0.79)
GF Value™: RM0.78 vs. price of RM0.99 (26.9% above fair value)
Industry Position: 100% above the Construction median (#38 of 1790)
No single metric tells the full story. See the XKLS:7609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajiya Bhd is an investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Division Metal roofing system, PU green series, steel truss system, structural products, metal door and window frame, metal sunshade/louvres, metal ceiling, and IBS-aligned building solutions: Glass Division Safety glass, tempered glass, laminated glass, Low-E coated glass, and Insulated Glass Units (IGU) for architectural and construction applications While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.
54GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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