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SP Group ASSPGGF 93 Equity-to-Asset is 0.45 as of Mar. 2026, which is 5% above its 10-year median of 0.43. GuruFocus rates SPGGF with a GF Score™ of 93/100 and a GF Value™ of $21.39. The stock has 8 warning signs investors should review. Among 1,614 Chemicals companies, SP Group AS ranks worse than 71.13% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SP Group AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $287.7 Mil. SP Group AS's Total Assets for the quarter that ended in Mar. 2026 was $633.5 Mil.
Therefore, SP Group AS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.45.
The historical rank and industry rank for SP Group AS's Equity-to-Asset or its related term are showing as below:
SPGGF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.43 Max: 0.55
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of SP Group AS was 0.55. The lowest was 0.33. And the median was 0.43.
SPGGF's Equity-to-Asset is ranked worse than 71.13% of 1614
companies
in the Chemicals industry
Industry Median: 0.6
vs SPGGF: 0.45
SP Group AS (OTCPK:SPGGF) 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%.
SP Group AS Equity-to-Asset Related Terms
SP Group AS Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SP Group AS'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.
SPGGF vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, SP 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.
SP Group AS Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SP Group AS'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.
SP Group AS'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.
SP Group AS (SPGGF) has a Equity-to-Asset of 0.45 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SP Group AS and its competitors. This is near median its historical median of 0.43. Over the past decade, SP Group AS's Equity-to-Asset has ranged from 0.33 to 0.55. According to the industry distribution chart, SP Group AS ranks #1148 out of 1614 companies in the Chemicals industry, placing it in the top 71.1%.
Is SP Group AS's Equity-to-Asset too high?
SP Group AS's current Equity-to-Asset of 0.45 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.55. The Chemicals industry median Equity-to-Asset is 0.60. SP Group AS's value of 0.45 is 25% below this industry median. Based on the distribution chart, SP Group AS ranks #1148 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #1148 out of 1614 companies for Equity-to-Asset. This places SP Group AS in the lower half of its industry. The industry median Equity-to-Asset is 0.60. SP Group AS's value of 0.45 is 25% below this benchmark. Historically, SP Group AS's own Equity-to-Asset has ranged from 0.33 to 0.55 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.60, SP Group AS 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,614 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. SP Group AS's current Equity-to-Asset of 0.45 is 25% 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 SP Group AS and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Equity-to-Asset is 0.45, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current Equity-to-Asset of 0.45. The stock's GF Value™ is $21.39, compared to a current price of $29.71 — trading 38.9% above its estimated fair value. The current Equity-to-Asset is 0.45, which is near median its 10-year median of 0.43 and 25% below the Chemicals industry median of 0.60. SP Group AS's overall GF Score™ is 93/100 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 SP Group AS (SPGGF), the current Equity-to-Asset is 0.45 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 SP Group AS (SPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of $29.71 is trading 38.9% above its estimated GF Value™ of $21.39.
Key valuation signals for SPGGF:
Equity-to-Asset: 0.45 (near median its 10-year median of 0.43)
GF Value™: $21.39 vs. price of $29.71 (38.9% above fair value)
Industry Position: 25% below the Chemicals median (#1148 of 1614)
No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
93GF Score
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