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Seamless Distribution Systems ABNGM:SDS 26 Equity-to-Asset is 0.09 as of Jun. 2026, which is 63% below its 10-year median of 0.24. GuruFocus rates NGM:SDS with a GF Score™ of 26/100 and a GF Value™ of kr3.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,890 Software companies, Seamless Distribution Systems AB ranks worse than 89.38% on this metric.
The historical rank and industry rank for Seamless Distribution Systems AB's Equity-to-Asset or its related term are showing as below:
NGM:SDS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.24 Max: 0.39
Current: 0.09
During the past 11 years, the highest Equity to Asset Ratio of Seamless Distribution Systems AB was 0.39. The lowest was 0.01. And the median was 0.24.
NGM:SDS's Equity-to-Asset is ranked worse than 89.38% of 2890
companies
in the Software industry
Industry Median: 0.55
vs NGM:SDS: 0.09
Seamless Distribution Systems AB (NGM:SDS) 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%.
Seamless Distribution Systems AB Equity-to-Asset Related Terms
Seamless Distribution Systems 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.
Seamless Distribution Systems AB Equity-to-Asset Chart
NGM:SDS vs MSFT, PLTR, ORCL: Equity-to-Asset Comparison
For the Software - Infrastructure subindustry, Seamless Distribution Systems 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.
Seamless Distribution Systems AB Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Seamless Distribution Systems AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Seamless Distribution Systems AB's Equity-to-Asset falls into.
Seamless Distribution Systems 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.
* 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.
Seamless Distribution Systems AB (NGM:SDS) has a Equity-to-Asset of 0.09 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Seamless Distribution Systems AB and its competitors. This is 63% below median its historical median of 0.24. Over the past decade, Seamless Distribution Systems AB's Equity-to-Asset has ranged from 0.01 to 0.39. According to the industry distribution chart, Seamless Distribution Systems AB ranks #2583 out of 2890 companies in the Software industry, placing it in the top 89.4%.
Is Seamless Distribution Systems AB's Equity-to-Asset too high?
Seamless Distribution Systems AB's current Equity-to-Asset of 0.09 is 63% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.39. The Software industry median Equity-to-Asset is 0.55. Seamless Distribution Systems AB's value of 0.09 is 83.6% below this industry median. Based on the distribution chart, Seamless Distribution Systems AB ranks #2583 out of 2890 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Seamless Distribution Systems AB has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seamless Distribution Systems AB's Equity-to-Asset compare to MSFT and PLTR?
According to the Software industry distribution chart, Seamless Distribution Systems AB ranks #2583 out of 2890 companies for Equity-to-Asset. This places Seamless Distribution Systems AB in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Seamless Distribution Systems AB's value of 0.09 is 83.6% below this benchmark. Historically, Seamless Distribution Systems AB's own Equity-to-Asset has ranged from 0.01 to 0.39 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.55, Seamless Distribution Systems 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 Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,890 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. Seamless Distribution Systems AB's current Equity-to-Asset of 0.09 is 83.6% 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 Seamless Distribution Systems AB and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seamless Distribution Systems AB's current Equity-to-Asset is 0.09, which is 63% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seamless Distribution Systems AB stock overvalued right now?
Based on GuruFocus' analysis, Seamless Distribution Systems AB (NGM:SDS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr3.37, compared to a current price of kr6.80 — trading 101.8% above its estimated fair value. The current Equity-to-Asset is 0.09, which is 63% below median its 10-year median of 0.24 and 83.6% below the Software industry median of 0.55. Seamless Distribution Systems AB's overall GF Score™ is 26/100 with 4 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 Seamless Distribution Systems AB (NGM:SDS), the current Equity-to-Asset is 0.09 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 Seamless Distribution Systems AB (NGM:SDS) Overvalued in 2026?
Based on GuruFocus' analysis, Seamless Distribution Systems AB stock appears to be overvalued.
The current stock price of kr6.80 is trading 101.8% above its estimated GF Value™ of kr3.37.
GuruFocus considers Seamless Distribution Systems AB to be Significantly Overvalued.
Key valuation signals for NGM:SDS:
Equity-to-Asset: 0.09 (63% below median its 10-year median of 0.24)
GF Value™: kr3.37 vs. price of kr6.80 (101.8% above fair value)
Industry Position: 83.6% below the Software median (#2583 of 2890)
No single metric tells the full story. See the NGM:SDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.
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