Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Goodwill: د.إ144 Mil (As of Mar. 2026)


ADX:ADNIC Abu Dhabi National Insurance Co PJSC ADX:ADNIC
63 GF Score
Price د.إ7.12
GF Value د.إ8.80
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Abu Dhabi National Insurance Co PJSC Goodwill?

Abu Dhabi National Insurance Co PJSC ADX:ADNIC -0.70% 63 Goodwill is د.إ144 Mil as of Mar. 2026. GuruFocus rates ADX:ADNIC with a GF Score™ of 63/100 and a GF Value™ of د.إ8.80 (Modestly Undervalued). The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Abu Dhabi National Insurance Co PJSC's goodwill for the quarter that ended in Mar. 2026 was د.إ144 Mil.


Abu Dhabi National Insurance Co PJSC  (ADX:ADNIC) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Abu Dhabi National Insurance Co PJSC's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=143.757/10441.671
=0.01

Abu Dhabi National Insurance Co PJSC's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=143.757/10542.106
=0.01

* 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.

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.


Abu Dhabi National Insurance Co PJSC Goodwill Related Terms


Abu Dhabi National Insurance Co PJSC Goodwill Historical Data

* Premium members only.

The historical data trend for Abu Dhabi National Insurance Co PJSC's Goodwill 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.

Abu Dhabi National Insurance Co PJSC Goodwill Chart

Abu Dhabi National Insurance Co PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 88.38 143.76

Abu Dhabi National Insurance Co PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 88.38 88.38 143.76 143.76 143.76
ADX:ADNIC
63GF Score
Abu Dhabi National Insurance Co PJSC ADX:ADNIC
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi National Insurance Co PJSC Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of د.إ144 Mil mean?
Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) has a Goodwill of د.إ144 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Abu Dhabi National Insurance Co PJSC and its competitors.
Is Abu Dhabi National Insurance Co PJSC's Goodwill too high?
Abu Dhabi National Insurance Co PJSC's current Goodwill is د.إ144 Mil. Overall, Abu Dhabi National Insurance Co PJSC has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi National Insurance Co PJSC's Goodwill compare to BRK.A and AIG?
Abu Dhabi National Insurance Co PJSC's Goodwill of د.إ144 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Insurance company?
A good Goodwill depends on the Insurance industry context. However, Goodwill 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 mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Abu Dhabi National Insurance Co PJSC and its competitors. Abu Dhabi National Insurance Co PJSC's current Goodwill is د.إ144 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi National Insurance Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ8.80, compared to a current price of د.إ7.12 — trading 19.1% below its estimated fair value. The current Goodwill is د.إ144 Mil. Abu Dhabi National Insurance Co PJSC's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Abu Dhabi National Insurance Co PJSC (ADX:ADNIC), the current Goodwill is د.إ144 Mil 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 Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Overvalued in 2026?

Based on GuruFocus' analysis, Abu Dhabi National Insurance Co PJSC stock appears to be undervalued. The current stock price of د.إ7.12 is trading 19.1% below its estimated GF Value™ of د.إ8.80. GuruFocus considers Abu Dhabi National Insurance Co PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNIC:

  • Goodwill: د.إ144 Mil
  • GF Value™: د.إ8.80 vs. price of د.إ7.12 (19.1% below fair value)
  • GF Score™: 63/100 with 1 warning sign

No single metric tells the full story. See the ADX:ADNIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abu Dhabi National Insurance Co PJSC Business Description

Address Mohamed Bin Khalifa Street, P.O. Box: 839, ADNIC Building No. 403, Al Danah, Zone 1, Abu Dhabi, ARE
Abu Dhabi National Insurance Co PJSC is engaged in the transaction of insurance and reinsurance business of all classes. The company is organized into two main business segments: Underwriting of commercial lines of business - incorporating all classes of general insurance including marine cargo, marine hull, aviation, energy, property and engineering; and Underwriting of consumer line of business - incorporating all classes of insurance including accident, life, motor and medical. The majority of revenue is derived from Underwriting of commercial lines of business segment.
63GF Score

Get the complete analysis for ADX:ADNIC

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

د.إ7.12
Price
د.إ8.80
GF Value