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Smartoptics Group ASASMOPF +6.95%88 Debt-to-Equity is 0.22 as of Jun. 2026, which is 214% above its 10-year median of 0.07. GuruFocus rates SMOPF with a GF Score™ of 88/100 and a GF Value™ of $3.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,219 Hardware companies, Smartoptics Group ASA ranks better than 56.33% 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 Smartoptics Group ASA's Debt-to-Equity or its related term are showing as below:
SMOPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.43
Current: 0.22
During the past 8 years, the highest Debt-to-Equity Ratio of Smartoptics Group ASA was 0.43. The lowest was 0.02. And the median was 0.07.
SMOPF's Debt-to-Equity is ranked better than 56.33% of 2219
companies
in the Hardware industry
Industry Median: 0.27
vs SMOPF: 0.22
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.
Smartoptics Group ASA Debt-to-Equity Related Terms
Smartoptics Group ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Smartoptics Group ASA'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.
SMOPF vs CSCO, MSI, HPE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, Smartoptics Group ASA'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.
Smartoptics Group ASA Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Smartoptics Group ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Smartoptics Group ASA'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.
Smartoptics Group ASA (SMOPF) has a Debt-to-Equity of 0.22 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Smartoptics Group ASA and its competitors. This is 214% above median its historical median of 0.07. Over the past decade, Smartoptics Group ASA's Debt-to-Equity has ranged from 0.02 to 0.43. According to the industry distribution chart, Smartoptics Group ASA ranks #969 out of 2219 companies in the Hardware industry, placing it in the top 43.7%.
Is Smartoptics Group ASA's Debt-to-Equity too high?
Smartoptics Group ASA's current Debt-to-Equity of 0.22 is 214% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.43. The Hardware industry median Debt-to-Equity is 0.27. Smartoptics Group ASA's value of 0.22 is 18.5% below this industry median. Based on the distribution chart, Smartoptics Group ASA ranks #969 out of 2219 companies in the Hardware industry, which is above the industry midpoint. Overall, Smartoptics Group ASA has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Smartoptics Group ASA ranks #969 out of 2219 companies for Debt-to-Equity. This puts Smartoptics Group ASA in the upper half of its industry. The industry median Debt-to-Equity is 0.27. Smartoptics Group ASA's value of 0.22 is 18.5% below this benchmark. Historically, Smartoptics Group ASA's own Debt-to-Equity has ranged from 0.02 to 0.43 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.27, Smartoptics Group ASA 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 0.27, based on 2,219 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. Smartoptics Group ASA's current Debt-to-Equity of 0.22 is 18.5% 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 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 Smartoptics Group ASA and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current Debt-to-Equity is 0.22, which is 214% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.02, compared to a current price of $5.00 — trading 65.6% above its estimated fair value. The current Debt-to-Equity is 0.22, which is 214% above median its 10-year median of 0.07 and 18.5% below the Hardware industry median of 0.27. Smartoptics Group ASA's overall GF Score™ is 88/100 with 2 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 Smartoptics Group ASA (SMOPF), the current Debt-to-Equity is 0.22 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?
Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued.
The current stock price of $5.00 is trading 65.6% above its estimated GF Value™ of $3.02.
GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.
Key valuation signals for SMOPF:
Debt-to-Equity: 0.22 (214% above median its 10-year median of 0.07)
GF Value™: $3.02 vs. price of $5.00 (65.6% above fair value)
Industry Position: 18.5% below the Hardware median (#969 of 2219)
No single metric tells the full story. See the SMOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
88GF Score
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