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TCECUR Sweden ABNGM:TCC A 73 Debt-to-Equity is 0.26 as of Jun. 2026, which is 41% below its 10-year median of 0.44. GuruFocus rates NGM:TCC A with a GF Score™ of 73/100 and a GF Value™ of kr22.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,230 Hardware companies, TCECUR Sweden AB ranks better than 52.15% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for TCECUR Sweden AB's Debt-to-Equity or its related term are showing as below:
NGM:TCC A'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.44 Max: 8.29
Current: 0.26
During the past 11 years, the highest Debt-to-Equity Ratio of TCECUR Sweden AB was 8.29. The lowest was 0.16. And the median was 0.44.
NGM:TCC A's Debt-to-Equity is ranked better than 52.15% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs NGM:TCC A: 0.26
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
TCECUR Sweden AB Debt-to-Equity Related Terms
TCECUR Sweden AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TCECUR Sweden AB's Debt-to-Equity 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.
NGM:TCC A vs CSCO, MSI, LITE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, TCECUR Sweden AB's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
TCECUR Sweden AB Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, TCECUR Sweden AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TCECUR Sweden AB's Debt-to-Equity falls into.
* 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.
TCECUR Sweden AB (NGM:TCC A) has a Debt-to-Equity of 0.26 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TCECUR Sweden AB and its competitors. This is 41% below median its historical median of 0.44. Over the past decade, TCECUR Sweden AB's Debt-to-Equity has ranged from 0.16 to 8.29. According to the industry distribution chart, TCECUR Sweden AB ranks #1067 out of 2230 companies in the Hardware industry, placing it in the top 47.8%.
Is TCECUR Sweden AB's Debt-to-Equity too high?
TCECUR Sweden AB's current Debt-to-Equity of 0.26 is 41% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 8.29. The Hardware industry median Debt-to-Equity is 0.28. TCECUR Sweden AB's value of 0.26 is 7.1% below this industry median. Based on the distribution chart, TCECUR Sweden AB ranks #1067 out of 2230 companies in the Hardware industry, which is above the industry midpoint. Overall, TCECUR Sweden AB has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, TCECUR Sweden AB ranks #1067 out of 2230 companies for Debt-to-Equity. This puts TCECUR Sweden AB in the upper half of its industry. The industry median Debt-to-Equity is 0.28. TCECUR Sweden AB's value of 0.26 is 7.1% below this benchmark. Historically, TCECUR Sweden AB's own Debt-to-Equity has ranged from 0.16 to 8.29 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.28, TCECUR Sweden AB 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 Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TCECUR Sweden AB's current Debt-to-Equity of 0.26 is 7.1% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TCECUR Sweden AB and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCECUR Sweden AB's current Debt-to-Equity is 0.26, which is 41% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr22.09, compared to a current price of kr19.60 — trading 11.3% below its estimated fair value. The current Debt-to-Equity is 0.26, which is 41% below median its 10-year median of 0.44 and 7.1% below the Hardware industry median of 0.28. TCECUR Sweden AB's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For TCECUR Sweden AB (NGM:TCC A), the current Debt-to-Equity is 0.26 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?
Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued.
The current stock price of kr19.60 is trading 11.3% below its estimated GF Value™ of kr22.09.
GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.
Key valuation signals for NGM:TCC A:
Debt-to-Equity: 0.26 (41% below median its 10-year median of 0.44)
GF Value™: kr22.09 vs. price of kr19.60 (11.3% below fair value)
Industry Position: 7.1% below the Hardware median (#1067 of 2230)
No single metric tells the full story. See the NGM:TCC A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
73GF Score
Get the complete analysis for NGM:TCC A
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