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Boustead Heavy Industries BhdXKLS:8133 32 Equity-to-Asset is 0.37 as of Jun. 2026, which is 3% above its 10-year median of 0.36. GuruFocus rates XKLS:8133 with a GF Score™ of 32/100 and a GF Value™ of RM0.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 363 Aerospace & Defense companies, Boustead Heavy Industries Bhd ranks worse than 69.97% on this metric.
Boustead Heavy Industries Bhd (XKLS:8133) 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%.
Boustead Heavy Industries Bhd Equity-to-Asset Related Terms
Boustead Heavy Industries Bhd 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.
Boustead Heavy Industries Bhd Equity-to-Asset Chart
XKLS:8133 vs SPCX, GE, RTX: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Boustead Heavy Industries 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.
Boustead Heavy Industries Bhd Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Boustead Heavy Industries Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Boustead Heavy Industries Bhd's Equity-to-Asset falls into.
Boustead Heavy Industries Bhd 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.
* 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.
Boustead Heavy Industries Bhd (XKLS:8133) has a Equity-to-Asset of 0.37 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Boustead Heavy Industries Bhd and its competitors. This is near median its historical median of 0.36. Over the past decade, Boustead Heavy Industries Bhd's Equity-to-Asset has ranged from 0.11 to 0.57. According to the industry distribution chart, Boustead Heavy Industries Bhd ranks #254 out of 363 companies in the Aerospace & Defense industry, placing it in the top 70%.
Is Boustead Heavy Industries Bhd's Equity-to-Asset too high?
Boustead Heavy Industries Bhd's current Equity-to-Asset of 0.37 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.57. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Boustead Heavy Industries Bhd's value of 0.37 is 27.5% below this industry median. Based on the distribution chart, Boustead Heavy Industries Bhd ranks #254 out of 363 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Boustead Heavy Industries Bhd has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boustead Heavy Industries Bhd's Equity-to-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Boustead Heavy Industries Bhd ranks #254 out of 363 companies for Equity-to-Asset. This places Boustead Heavy Industries Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Boustead Heavy Industries Bhd's value of 0.37 is 27.5% below this benchmark. Historically, Boustead Heavy Industries Bhd's own Equity-to-Asset has ranged from 0.11 to 0.57 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.51, Boustead Heavy Industries Bhd has consistently been below 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 an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 363 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. Boustead Heavy Industries Bhd's current Equity-to-Asset of 0.37 is 27.5% below 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 Boustead Heavy Industries Bhd and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Heavy Industries Bhd's current Equity-to-Asset is 0.37, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Heavy Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd (XKLS:8133) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.33, compared to a current price of RM0.48 — trading 43.9% above its estimated fair value. The current Equity-to-Asset is 0.37, which is near median its 10-year median of 0.36 and 27.5% below the Aerospace & Defense industry median of 0.51. Boustead Heavy Industries Bhd's overall GF Score™ is 32/100 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 Boustead Heavy Industries Bhd (XKLS:8133), the current Equity-to-Asset is 0.37 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 Boustead Heavy Industries Bhd (XKLS:8133) Overvalued in 2026?
Based on GuruFocus' analysis, Boustead Heavy Industries Bhd stock appears to be overvalued.
The current stock price of RM0.48 is trading 43.9% above its estimated GF Value™ of RM0.33.
GuruFocus considers Boustead Heavy Industries Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8133:
Equity-to-Asset: 0.37 (near median its 10-year median of 0.36)
GF Value™: RM0.33 vs. price of RM0.48 (43.9% above fair value)
Industry Position: 27.5% below the Aerospace & Defense median (#254 of 363)
No single metric tells the full story. See the XKLS:8133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boustead Heavy Industries Corp Bhd is an investment holding company. The company's operating segments include Defence and Security, Investment and Commercial, and others. It generates maximum revenue from the Defence and Security segment. The Defence and Security segment is principally engaged in maintenance, repair, and overhaul (MRO) of the Royal Malaysian Navy's patrol vessels and submarines. In addition, the company is also involved in the manufacturing, supply, and maintenance of defense-related electronic products.
32GF Score
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