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.
Scandinavian Tobacco Group AS (CHIX:STGc) 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%.
Scandinavian Tobacco Group AS Equity-to-Asset Related Terms
Scandinavian Tobacco Group AS 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.
Scandinavian Tobacco Group AS Equity-to-Asset Chart
CHIX:STGC vs PM, MO, TPB: Equity-to-Asset Comparison
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS Equity-to-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS's Equity-to-Asset falls into.
Scandinavian Tobacco Group AS 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.
Scandinavian Tobacco Group AS (CHIX:STGC) has a Equity-to-Asset of 0.53 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Scandinavian Tobacco Group AS and its competitors. This is 12% below median its historical median of 0.60. Over the past decade, Scandinavian Tobacco Group AS's Equity-to-Asset has ranged from 0.50 to 0.66. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #17 out of 48 companies in the Tobacco Products industry, placing it in the top 35.4%.
Is Scandinavian Tobacco Group AS's Equity-to-Asset too high?
Scandinavian Tobacco Group AS's current Equity-to-Asset of 0.53 is 12% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.66. The Tobacco Products industry median Equity-to-Asset is 0.46. Scandinavian Tobacco Group AS's value of 0.53 is 15.2% above this industry median. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #17 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Equity-to-Asset compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #17 out of 48 companies for Equity-to-Asset. This puts Scandinavian Tobacco Group AS in the upper half of its industry. The industry median Equity-to-Asset is 0.46. Scandinavian Tobacco Group AS's value of 0.53 is 15.2% above this benchmark. Historically, Scandinavian Tobacco Group AS's own Equity-to-Asset has ranged from 0.50 to 0.66 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.46, Scandinavian Tobacco Group AS 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 Tobacco Products company?
The median Equity-to-Asset among Tobacco Products companies is 0.46, based on 48 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. Scandinavian Tobacco Group AS's current Equity-to-Asset of 0.53 is 15.2% 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Equity-to-Asset is 0.53, which is 12% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current Equity-to-Asset of 0.53. The stock's GF Value™ is kr104.60, compared to a current price of kr66.80 — trading 36.1% below its estimated fair value. The current Equity-to-Asset is 0.53, which is 12% below median its 10-year median of 0.60 and 15.2% above the Tobacco Products industry median of 0.46. Scandinavian Tobacco Group AS's overall GF Score™ is 69/100 with 8 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Equity-to-Asset is 0.53 as of Mar. 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 36.1% below its estimated GF Value™ of kr104.60.
Key valuation signals for CHIX:STGC:
Equity-to-Asset: 0.53 (12% below median its 10-year median of 0.60)
GF Value™: kr104.60 vs. price of kr66.80 (36.1% below fair value)
Industry Position: 15.2% above the Tobacco Products median (#17 of 48)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
69GF Score
Get the complete analysis for CHIX:STGC
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
CHIX:STGC has been successfully added to your 
