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.
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.
BKW AGXSWX:BKW -0.76%67 Equity-to-Asset is 0.48 as of Dec. 2025, which is 33% above its 10-year median of 0.36. GuruFocus rates XSWX:BKW with a GF Score™ of 67/100 and a GF Value™ of CHF147.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 458 Utilities - Independent Power Producers companies, BKW AG ranks better than 59.39% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BKW AG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was CHF5,467 Mil. BKW AG's Total Assets for the quarter that ended in Dec. 2025 was CHF11,502 Mil.
Therefore, BKW AG's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.48.
The historical rank and industry rank for BKW AG's Equity-to-Asset or its related term are showing as below:
XSWX:BKW'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.36 Max: 0.48
Current: 0.48
During the past 13 years, the highest Equity to Asset Ratio of BKW AG was 0.48. The lowest was 0.31. And the median was 0.36.
XSWX:BKW's Equity-to-Asset is ranked better than 59.39% of 458
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41
vs XSWX:BKW: 0.48
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%.
BKW AG Equity-to-Asset Related Terms
BKW AG Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for BKW AG'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.
For the Utilities - Renewable subindustry, BKW AG'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.
BKW AG Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, BKW AG's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BKW AG'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.
BKW AG'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.
BKW AG (XSWX:BKW) has a Equity-to-Asset of 0.48 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BKW AG and its competitors. This is 33% above median its historical median of 0.36. Over the past decade, BKW AG's Equity-to-Asset has ranged from 0.31 to 0.48. According to the industry distribution chart, BKW AG ranks #186 out of 458 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.6%.
Is BKW AG's Equity-to-Asset too high?
BKW AG's current Equity-to-Asset of 0.48 is 33% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.48. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. BKW AG's value of 0.48 is 17.1% above this industry median. Based on the distribution chart, BKW AG ranks #186 out of 458 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, BKW AG has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BKW AG's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, BKW AG ranks #186 out of 458 companies for Equity-to-Asset. This puts BKW AG in the upper half of its industry. The industry median Equity-to-Asset is 0.41. BKW AG's value of 0.48 is 17.1% above this benchmark. Historically, BKW AG's own Equity-to-Asset has ranged from 0.31 to 0.48 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.41, BKW AG 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 an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 458 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. BKW AG's current Equity-to-Asset of 0.48 is 17.1% 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 BKW AG and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BKW AG's current Equity-to-Asset is 0.48, which is 33% above 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 BKW AG stock overvalued right now?
Based on GuruFocus' analysis, BKW AG (XSWX:BKW) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF147.48, compared to a current price of CHF130.40 — trading 11.6% below its estimated fair value. The current Equity-to-Asset is 0.48, which is 33% above median its 10-year median of 0.36 and 17.1% above the Utilities - Independent Power Producers industry median of 0.41. BKW AG's overall GF Score™ is 67/100 with 3 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 BKW AG (XSWX:BKW), the current Equity-to-Asset is 0.48 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 BKW AG (XSWX:BKW) Overvalued in 2026?
Based on GuruFocus' analysis, BKW AG stock appears to be undervalued.
The current stock price of CHF130.40 is trading 11.6% below its estimated GF Value™ of CHF147.48.
GuruFocus considers BKW AG to be Modestly Undervalued.
Key valuation signals for XSWX:BKW:
Equity-to-Asset: 0.48 (33% above median its 10-year median of 0.36)
GF Value™: CHF147.48 vs. price of CHF130.40 (11.6% below fair value)
Industry Position: 17.1% above the Utilities - Independent Power Producers median (#186 of 458)
No single metric tells the full story. See the XSWX:BKW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BKW AG is an international energy and infrastructure company, offering integrated solutions in the fields of energy, buildings, and infrastructure. It operates in three reportable business segments: Energy Solutions, Power Grid, and Infrastructure and Buildings. Maximum revenue is generated from the Energy Solutions segment, which builds, operates, and maintains BKW's portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates, and raw materials, as well as wind, solar, and smart energy services. Geographically, the group generates maximum revenue from its business in Switzerland, followed by Germany, Italy, France, and other countries.
67GF Score
Get the complete analysis for XSWX:BKW
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:BKW has been successfully added to your 
