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Nodebis Applications ABNGM:NODE -9.09%63 Equity-to-Asset is 0.57 as of Mar. 2026, which is 8% above its 10-year median of 0.53. GuruFocus rates NGM:NODE with a GF Score™ of 63/100 and a GF Value™ of kr15.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,893 Software companies, Nodebis Applications AB ranks better than 52.92% on this metric.
Nodebis Applications AB (NGM:NODE) 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%.
Nodebis Applications AB Equity-to-Asset Related Terms
Nodebis Applications AB 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.
NGM:NODE vs QH, SHOP, UBER: Equity-to-Asset Comparison
For the Software - Application subindustry, Nodebis Applications 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.
Nodebis Applications AB Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Nodebis Applications AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nodebis Applications AB's Equity-to-Asset falls into.
Nodebis Applications 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.
Nodebis Applications AB'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.
Nodebis Applications AB (NGM:NODE) has a Equity-to-Asset of 0.57 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nodebis Applications AB and its competitors. This is near median its historical median of 0.53. Over the past decade, Nodebis Applications AB's Equity-to-Asset has ranged from 0.31 to 0.59. According to the industry distribution chart, Nodebis Applications AB ranks #1362 out of 2893 companies in the Software industry, placing it in the top 47.1%.
Is Nodebis Applications AB's Equity-to-Asset too high?
Nodebis Applications AB's current Equity-to-Asset of 0.57 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.59. The Software industry median Equity-to-Asset is 0.56. Nodebis Applications AB's value of 0.57 is 1.8% above this industry median. Based on the distribution chart, Nodebis Applications AB ranks #1362 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, Nodebis Applications AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nodebis Applications AB's Equity-to-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Nodebis Applications AB ranks #1362 out of 2893 companies for Equity-to-Asset. This puts Nodebis Applications AB in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Nodebis Applications AB's value of 0.57 is 1.8% above this benchmark. Historically, Nodebis Applications AB's own Equity-to-Asset has ranged from 0.31 to 0.59 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.56, Nodebis Applications AB 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,893 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. Nodebis Applications AB's current Equity-to-Asset of 0.57 is 1.8% 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 Nodebis Applications AB and its competitors. For the Software 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. Nodebis Applications AB's current Equity-to-Asset is 0.57, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nodebis Applications AB stock overvalued right now?
Based on GuruFocus' analysis, Nodebis Applications AB (NGM:NODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.57, compared to a current price of kr24.00 — trading 54.1% above its estimated fair value. The current Equity-to-Asset is 0.57, which is near median its 10-year median of 0.53 and 1.8% above the Software industry median of 0.56. Nodebis Applications AB's overall GF Score™ is 63/100 with 3 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 Nodebis Applications AB (NGM:NODE), the current Equity-to-Asset is 0.57 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 Nodebis Applications AB (NGM:NODE) Overvalued in 2026?
Based on GuruFocus' analysis, Nodebis Applications AB stock appears to be overvalued.
The current stock price of kr24.00 is trading 54.1% above its estimated GF Value™ of kr15.57.
GuruFocus considers Nodebis Applications AB to be Significantly Overvalued.
Key valuation signals for NGM:NODE:
Equity-to-Asset: 0.57 (near median its 10-year median of 0.53)
GF Value™: kr15.57 vs. price of kr24.00 (54.1% above fair value)
Industry Position: 1.8% above the Software median (#1362 of 2893)
No single metric tells the full story. See the NGM:NODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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