Adverty AB (NGM:ADVT) Equity-to-Asset: 0.21 (As of Mar. 2026) — 65% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

NGM:ADVT Adverty AB NGM:ADVT
38 GF Score
Price kr0.18
GF Value kr0.09
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Adverty AB Equity-to-Asset?

Adverty AB NGM:ADVT +10.00% 38 Equity-to-Asset is 0.21 as of Mar. 2026, which is 65% below its 10-year median of 0.60. GuruFocus rates NGM:ADVT with a GF Score™ of 38/100 and a GF Value™ of kr0.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,027 Media - Diversified companies, Adverty AB ranks worse than 79.36% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Adverty AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr7.21 Mil. Adverty AB's Total Assets for the quarter that ended in Mar. 2026 was kr33.92 Mil. Therefore, Adverty AB's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.21.

The historical rank and industry rank for Adverty AB's Equity-to-Asset or its related term are showing as below:

NGM:ADVT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16   Med: 0.6   Max: 0.94
Current: 0.21

During the past 9 years, the highest Equity to Asset Ratio of Adverty AB was 0.94. The lowest was -0.16. And the median was 0.60.

NGM:ADVT's Equity-to-Asset is ranked worse than
79.36% of 1027 companies
in the Media - Diversified industry
Industry Median: 0.51 vs NGM:ADVT: 0.21

Adverty AB  (NGM:ADVT) 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%.


Adverty AB Equity-to-Asset Related Terms


Adverty AB Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Adverty AB'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.

Adverty AB Equity-to-Asset Chart

Adverty AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.63 0.78 0.22 0.25 0.25

Adverty AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.06 0.28 0.25 0.21

NGM:ADVT vs APP, OMC, TTD: Equity-to-Asset Comparison

For the Advertising Agencies subindustry, Adverty AB'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.


Adverty AB Equity-to-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Adverty AB's Equity-to-Asset falls into.


NGM:ADVT
38GF Score
Adverty AB NGM:ADVT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adverty AB 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.

Adverty AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=9.902/39.965
=0.25

Adverty AB's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=7.21/33.916
=0.21

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.21 mean?
Adverty AB (NGM:ADVT) has a Equity-to-Asset of 0.21 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Adverty AB and its competitors. This is 65% below median its historical median of 0.60. According to the industry distribution chart, Adverty AB ranks #815 out of 1027 companies in the Media - Diversified industry, placing it in the top 79.4%.
Is Adverty AB's Equity-to-Asset too high?
Adverty AB's current Equity-to-Asset of 0.21 is 65% below median its 10-year median of 0.60. The Media - Diversified industry median Equity-to-Asset is 0.51. Adverty AB's value of 0.21 is 58.8% below this industry median. Based on the distribution chart, Adverty AB ranks #815 out of 1027 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Adverty AB has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adverty AB's Equity-to-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Adverty AB ranks #815 out of 1027 companies for Equity-to-Asset. This places Adverty AB in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Adverty AB's value of 0.21 is 58.8% below this benchmark. While the company's 10-year median is 0.60 vs. the industry median of 0.51, Adverty 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 Equity-to-Asset for a Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,027 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. Adverty AB's current Equity-to-Asset of 0.21 is 58.8% 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 Adverty AB and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adverty AB's current Equity-to-Asset is 0.21, which is 65% 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 Adverty AB stock overvalued right now?
Based on GuruFocus' analysis, Adverty AB (NGM:ADVT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.09, compared to a current price of kr0.18 — trading 95.6% above its estimated fair value. The current Equity-to-Asset is 0.21, which is 65% below median its 10-year median of 0.60 and 58.8% below the Media - Diversified industry median of 0.51. Adverty AB's overall GF Score™ is 38/100 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 Adverty AB (NGM:ADVT), the current Equity-to-Asset is 0.21 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 Adverty AB (NGM:ADVT) Overvalued in 2026?

Based on GuruFocus' analysis, Adverty AB stock appears to be overvalued. The current stock price of kr0.18 is trading 95.6% above its estimated GF Value™ of kr0.09. GuruFocus considers Adverty AB to be Significantly Overvalued.

Key valuation signals for NGM:ADVT:

  • Equity-to-Asset: 0.21 (65% below median its 10-year median of 0.60)
  • GF Value™: kr0.09 vs. price of kr0.18 (95.6% above fair value)
  • GF Score™: 38/100 with 8 warning signs
  • Industry Position: 58.8% below the Media - Diversified median (#815 of 1027)

No single metric tells the full story. See the NGM:ADVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adverty AB Business Description

Address Medborgarplatsen 25, Stockholm, SWE, 118 72
Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.
38GF Score

Get the complete analysis for NGM:ADVT

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.18
Price
kr0.09
GF Value