Seamless Distribution Systems AB (NGM:SDS) Asset Turnover: 0.11 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NGM:SDS Seamless Distribution Systems AB NGM:SDS
26 GF Score
Price kr6.80
GF Value kr3.38
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Seamless Distribution Systems AB Asset Turnover?

Seamless Distribution Systems AB NGM:SDS -5.56% 26 Asset Turnover is 0.11 as of Jun. 2026. GuruFocus rates NGM:SDS with a GF Score™ of 26/100 and a GF Value™ of kr3.38 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Seamless Distribution Systems AB's Revenue for the three months ended in Jun. 2026 was kr42.0 Mil. Seamless Distribution Systems AB's Total Assets for the quarter that ended in Jun. 2026 was kr387.6 Mil. Therefore, Seamless Distribution Systems AB's Asset Turnover for the quarter that ended in Jun. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Seamless Distribution Systems AB's annualized ROE % for the quarter that ended in Jun. 2026 was 108.12%. It is also linked to ROA % through Du Pont Formula. Seamless Distribution Systems AB's annualized ROA % for the quarter that ended in Jun. 2026 was 9.28%.


Seamless Distribution Systems AB  (NGM:SDS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Seamless Distribution Systems AB's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=35.98/33.2765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.98 / 167.828)*(167.828 / 387.644)*(387.644/ 33.2765)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.44 %*0.4329*11.6492
=ROA %*Equity Multiplier
=9.28 %*11.6492
=108.12 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Seamless Distribution Systems AB's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=35.98/387.644
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.98 / 167.828)*(167.828 / 387.644)
=Net Margin %*Asset Turnover
=21.44 %*0.4329
=9.28 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Seamless Distribution Systems AB Asset Turnover Related Terms


Seamless Distribution Systems AB Asset Turnover Historical Data

* Premium members only.

The historical data trend for Seamless Distribution Systems AB's Asset Turnover 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.

Seamless Distribution Systems AB Asset Turnover Chart

Seamless Distribution Systems AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.63 0.62 0.51 0.44

Seamless Distribution Systems AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.09 0.09 0.11 0.11

NGM:SDS vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, Seamless Distribution Systems AB's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Software Industry

For the Software industry and Technology sector, Seamless Distribution Systems AB's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Seamless Distribution Systems AB's Asset Turnover falls into.


NGM:SDS
26GF Score
Seamless Distribution Systems AB NGM:SDS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seamless Distribution Systems AB Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Seamless Distribution Systems AB's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=171.282/( (434.6+353.539)/ 2 )
=171.282/394.0695
=0.43

Seamless Distribution Systems AB's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=41.957/( (392.163+383.125)/ 2 )
=41.957/387.644
=0.11

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.11 mean?
Seamless Distribution Systems AB (NGM:SDS) has a Asset Turnover of 0.11 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Seamless Distribution Systems AB and its competitors.
Is Seamless Distribution Systems AB's Asset Turnover too high?
Seamless Distribution Systems AB's current Asset Turnover is 0.11. 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 Asset Turnover compare to MSFT and ORCL?
Seamless Distribution Systems AB's Asset Turnover of 0.11 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 Asset Turnover for a Software company?
A good Asset Turnover depends on the Software industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Seamless Distribution Systems AB and its competitors. Seamless Distribution Systems AB's current Asset Turnover is 0.11. 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 kr3.38, compared to a current price of kr6.80 — trading 101.2% above its estimated fair value. The current Asset Turnover is 0.11. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Seamless Distribution Systems AB (NGM:SDS), the current Asset Turnover is 0.11 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 101.2% above its estimated GF Value™ of kr3.38. GuruFocus considers Seamless Distribution Systems AB to be Significantly Overvalued.

Key valuation signals for NGM:SDS:

  • Asset Turnover: 0.11
  • GF Value™: kr3.38 vs. price of kr6.80 (101.2% above fair value)
  • GF Score™: 26/100 with 4 warning signs

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 Business Description

Address Vasagatan 7, Stockholm, SWE, 111 20
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.
26GF Score

Get the complete analysis for NGM:SDS

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr6.80
Price
kr3.38
GF Value