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Seco SpAMIL:IOT +14.06%78 Equity-to-Asset is 0.55 as of Mar. 2026, which is 2% above its 10-year median of 0.54. GuruFocus rates MIL:IOT with a GF Score™ of 78/100 and a GF Value™ of €3.13 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,493 Hardware companies, Seco SpA ranks worse than 51.26% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seco SpA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €274.0 Mil. Seco SpA's Total Assets for the quarter that ended in Mar. 2026 was €501.7 Mil.
Therefore, Seco SpA's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.55.
The historical rank and industry rank for Seco SpA's Equity-to-Asset or its related term are showing as below:
MIL:IOT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.54 Max: 0.64
Current: 0.55
During the past 8 years, the highest Equity to Asset Ratio of Seco SpA was 0.64. The lowest was 0.36. And the median was 0.54.
MIL:IOT's Equity-to-Asset is ranked worse than 51.26% of 2493
companies
in the Hardware industry
Industry Median: 0.56
vs MIL:IOT: 0.55
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%.
Seco SpA Equity-to-Asset Related Terms
Seco SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Seco SpA'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.
MIL:IOT vs DELL, ANET, SNDK: Equity-to-Asset Comparison
For the Computer Hardware subindustry, Seco SpA'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.
Seco SpA Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Seco SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Seco SpA'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.
Seco SpA'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.
Seco SpA (MIL:IOT) has a Equity-to-Asset of 0.55 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Seco SpA and its competitors. This is near median its historical median of 0.54. Over the past decade, Seco SpA's Equity-to-Asset has ranged from 0.36 to 0.64. According to the industry distribution chart, Seco SpA ranks #1278 out of 2493 companies in the Hardware industry, placing it in the top 51.3%.
Is Seco SpA's Equity-to-Asset too high?
Seco SpA's current Equity-to-Asset of 0.55 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.64. The Hardware industry median Equity-to-Asset is 0.56. Seco SpA's value of 0.55 is 1.8% below this industry median. Based on the distribution chart, Seco SpA ranks #1278 out of 2493 companies in the Hardware industry, which is below the industry midpoint. Overall, Seco SpA has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seco SpA's Equity-to-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Seco SpA ranks #1278 out of 2493 companies for Equity-to-Asset. This places Seco SpA in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Seco SpA's value of 0.55 is 1.8% below this benchmark. Historically, Seco SpA's own Equity-to-Asset has ranged from 0.36 to 0.64 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.56, Seco SpA 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 a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,493 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. Seco SpA's current Equity-to-Asset of 0.55 is 1.8% 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 Seco SpA and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seco SpA's current Equity-to-Asset is 0.55, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seco SpA stock overvalued right now?
Based on GuruFocus' analysis, Seco SpA (MIL:IOT) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.13, compared to a current price of €4.02 — trading 28.3% above its estimated fair value. The current Equity-to-Asset is 0.55, which is near median its 10-year median of 0.54 and 1.8% below the Hardware industry median of 0.56. Seco SpA's overall GF Score™ is 78/100 with 5 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 Seco SpA (MIL:IOT), the current Equity-to-Asset is 0.55 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 Seco SpA (MIL:IOT) Overvalued in 2026?
Based on GuruFocus' analysis, Seco SpA stock appears to be overvalued.
The current stock price of €4.02 is trading 28.3% above its estimated GF Value™ of €3.13.
GuruFocus considers Seco SpA to be Modestly Overvalued.
Key valuation signals for MIL:IOT:
Equity-to-Asset: 0.55 (near median its 10-year median of 0.54)
GF Value™: €3.13 vs. price of €4.02 (28.3% above fair value)
Industry Position: 1.8% below the Hardware median (#1278 of 2493)
No single metric tells the full story. See the MIL:IOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seco SpA is engaged in designing and developing embedded computing solutions and technologies for the digitization of industrial products, focusing on Edge Computing, Internet of Things (IoT), and Artificial Intelligence (AI). The group mainly serves industrial OEMs and system integrators through a business-to-business model, offering both hardware solutions-such as modules, single board computers, and HMI systems-and its proprietary Clea IoT-AI software platform for connectivity, device management, and AI deployment. The company operates through two segments: Seco and Seco NE.
78GF Score
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