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SSAB AB (publ)SSAAF -6.61%78 Equity-to-Asset is 0.63 as of Jun. 2026, which is at its 10-year median of 0.63. GuruFocus rates SSAAF with a GF Score™ of 78/100 and a GF Value™ of $6.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 635 Steel companies, SSAB AB (publ) ranks better than 64.88% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SSAB AB (publ)'s Total Stockholders Equity for the quarter that ended in Jun. 2026 was $7,442 Mil. SSAB AB (publ)'s Total Assets for the quarter that ended in Jun. 2026 was $11,729 Mil.
Therefore, SSAB AB (publ)'s Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.63.
The historical rank and industry rank for SSAB AB (publ)'s Equity-to-Asset or its related term are showing as below:
SSAAF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.63 Max: 0.69
Current: 0.63
During the past 13 years, the highest Equity to Asset Ratio of SSAB AB (publ) was 0.69. The lowest was 0.58. And the median was 0.63.
SSAAF's Equity-to-Asset is ranked better than 64.88% of 635
companies
in the Steel industry
Industry Median: 0.54
vs SSAAF: 0.63
SSAB AB (publ) (OTCPK:SSAAF) 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%.
SSAB AB (publ) Equity-to-Asset Related Terms
SSAB AB (publ) Equity-to-Asset Historical Data
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The historical data trend for SSAB AB (publ)'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.
SSAAF vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, SSAB AB (publ)'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.
SSAB AB (publ) Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB (publ)'s Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SSAB AB (publ)'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.
SSAB AB (publ)'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.
SSAB AB (publ) (SSAAF) has a Equity-to-Asset of 0.63 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SSAB AB (publ) and its competitors. This is near median its historical median of 0.63. Over the past decade, SSAB AB (publ)'s Equity-to-Asset has ranged from 0.58 to 0.69. According to the industry distribution chart, SSAB AB (publ) ranks #223 out of 635 companies in the Steel industry, placing it in the top 35.1%.
Is SSAB AB (publ)'s Equity-to-Asset too high?
SSAB AB (publ)'s current Equity-to-Asset of 0.63 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.69. The Steel industry median Equity-to-Asset is 0.54. SSAB AB (publ)'s value of 0.63 is 16.7% above this industry median. Based on the distribution chart, SSAB AB (publ) ranks #223 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, SSAB AB (publ) has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, SSAB AB (publ) ranks #223 out of 635 companies for Equity-to-Asset. This puts SSAB AB (publ) in the upper half of its industry. The industry median Equity-to-Asset is 0.54. SSAB AB (publ)'s value of 0.63 is 16.7% above this benchmark. Historically, SSAB AB (publ)'s own Equity-to-Asset has ranged from 0.58 to 0.69 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.54, SSAB AB (publ) 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 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. SSAB AB (publ)'s current Equity-to-Asset of 0.63 is 16.7% 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 SSAB AB (publ) and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSAB AB (publ)'s current Equity-to-Asset is 0.63, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.08, compared to a current price of $9.33 — trading 53.5% above its estimated fair value. The current Equity-to-Asset is 0.63, which is near median its 10-year median of 0.63 and 16.7% above the Steel industry median of 0.54. SSAB AB (publ)'s overall GF Score™ is 78/100 with 6 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 SSAB AB (publ) (SSAAF), the current Equity-to-Asset is 0.63 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 SSAB AB (publ) (SSAAF) Overvalued in 2026?
Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued.
The current stock price of $9.33 is trading 53.5% above its estimated GF Value™ of $6.08.
GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.
Key valuation signals for SSAAF:
Equity-to-Asset: 0.63 (near median its 10-year median of 0.63)
GF Value™: $6.08 vs. price of $9.33 (53.5% above fair value)
Industry Position: 16.7% above the Steel median (#223 of 635)
No single metric tells the full story. See the SSAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
78GF Score
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