NRW Holdings (ASX:NWH) Goodwill: A$0 Mil (As of Dec. 2025)


ASX:NWH NRW Holdings Ltd ASX:NWH
76 GF Score
Price A$7.25
GF Value A$4.41
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NRW Holdings Goodwill?

NRW Holdings ASX:NWH 76 Goodwill is A$0 Mil as of Dec. 2025. GuruFocus rates ASX:NWH with a GF Score™ of 76/100 and a GF Value™ of A$4.41 (Significantly Overvalued). The stock has 4 warning signs 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. NRW Holdings's goodwill for the quarter that ended in Dec. 2025 was A$0 Mil.


NRW Holdings  (ASX:NWH) 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.

NRW Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (A: Jun. 2025 )=Goodwill/Total Assets
=170.323/1701.075
=0.10

NRW Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=0/2049.391
=0.00

* 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.


NRW Holdings Goodwill Related Terms


NRW Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for NRW Holdings'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.

NRW Holdings Goodwill Chart

NRW Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.98 168.47 170.32 170.32 170.32

NRW Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 170.32 0.00 170.32 0.00
ASX:NWH
76GF Score
NRW Holdings Ltd ASX:NWH
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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NRW Holdings 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 A$0 Mil mean?
NRW Holdings (ASX:NWH) has a Goodwill of A$0 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on NRW Holdings and its competitors.
Is NRW Holdings' Goodwill too high?
NRW Holdings' current Goodwill is A$0 Mil. Overall, NRW Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' Goodwill compare to HON and MMM?
NRW Holdings' Goodwill of A$0 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Goodwill depends on the Conglomerates 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 NRW Holdings and its competitors. NRW Holdings's current Goodwill is A$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.41, compared to a current price of A$7.25 — trading 64.4% above its estimated fair value. The current Goodwill is A$0 Mil. NRW Holdings' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For NRW Holdings (ASX:NWH), the current Goodwill is A$0 Mil as of Dec. 2025. 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 NRW Holdings (ASX:NWH) Overvalued in 2026?

Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued. The current stock price of A$7.25 is trading 64.4% above its estimated GF Value™ of A$4.41. GuruFocus considers NRW Holdings to be Significantly Overvalued.

Key valuation signals for ASX:NWH:

  • Goodwill: A$0 Mil
  • GF Value™: A$4.41 vs. price of A$7.25 (64.4% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


NRW Holdings Business Description

Other Exchanges 3NR:Germany
Address 181 Great Eastern Highway, Belmont, Perth, WA, AUS, 6104
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
76GF Score

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

A$7.25
Price
A$4.41
GF Value