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Seamless Distribution Systems AB (NGM:SDS) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Seamless Distribution Systems AB Goodwill-to-Asset Related Terms
Seamless Distribution Systems AB Goodwill-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 Goodwill-to-Asset Chart
NGM:SDS vs MSFT, PLTR, ORCL: Goodwill-to-Asset Comparison
For the Software - Infrastructure subindustry, Seamless Distribution Systems AB's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, Seamless Distribution Systems AB's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Seamless Distribution Systems AB's Goodwill-to-Asset falls into.
* 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 Goodwill-to-Asset of 0.27 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Seamless Distribution Systems AB and its competitors.
Is Seamless Distribution Systems AB's Goodwill-to-Asset too high?
Seamless Distribution Systems AB's current Goodwill-to-Asset is 0.27. Overall, Seamless Distribution Systems AB has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seamless Distribution Systems AB's Goodwill-to-Asset compare to MSFT and PLTR?
Seamless Distribution Systems AB's Goodwill-to-Asset of 0.27 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Seamless Distribution Systems AB and its competitors. Seamless Distribution Systems AB's current Goodwill-to-Asset is 0.27. 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 kr3.36, compared to a current price of kr7.00 — trading 108.3% above its estimated fair value. The current Goodwill-to-Asset is 0.27. Seamless Distribution Systems AB's overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Seamless Distribution Systems AB (NGM:SDS), the current Goodwill-to-Asset is 0.27 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 kr7.00 is trading 108.3% above its estimated GF Value™ of kr3.36.
GuruFocus considers Seamless Distribution Systems AB to be Significantly Overvalued.
Key valuation signals for NGM:SDS:
Goodwill-to-Asset: 0.27
GF Value™: kr3.36 vs. price of kr7.00 (108.3% above fair value)
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.
25GF Score
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