Force Motors (BOM:500033) Goodwill: ₹0 Mil (As of Mar. 2026)


BOM:500033 Force Motors Ltd BOM:500033
66 GF Score
Price ₹18,795.95
GF Value ₹10,838.90
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Force Motors Goodwill?

Force Motors BOM:500033 -2.92% 66 Goodwill is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:500033 with a GF Score™ of 66/100 and a GF Value™ of ₹10,838.90 (Significantly Overvalued). 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. Force Motors's goodwill for the quarter that ended in Mar. 2026 was ₹0 Mil.


Force Motors  (BOM:500033) 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.

Force Motors's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=0.1/65375.5
=0.00

Force Motors'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
=0.1/65375.5
=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.


Force Motors Goodwill Related Terms


Force Motors Goodwill Historical Data

* Premium members only.

The historical data trend for Force Motors'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.

Force Motors Goodwill Chart

Force Motors Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

Force Motors 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 0.10 0.00 0.10 0.00 0.10
BOM:500033
66GF Score
Force Motors Ltd BOM:500033
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Force Motors 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 ₹0 Mil mean?
Force Motors (BOM:500033) has a Goodwill of ₹0 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 Force Motors and its competitors.
Is Force Motors' Goodwill too high?
Force Motors' current Goodwill is ₹0 Mil. Overall, Force Motors has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Motors' Goodwill compare to TSLA and GM?
Force Motors' Goodwill of ₹0 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Goodwill depends on the Vehicles & Parts 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 Force Motors and its competitors. Force Motors's current Goodwill is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Motors stock overvalued right now?
Based on GuruFocus' analysis, Force Motors (BOM:500033) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,838.90, compared to a current price of ₹18,795.95 — trading 73.4% above its estimated fair value. The current Goodwill is ₹0 Mil. Force Motors' overall GF Score™ is 66/100 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 Force Motors (BOM:500033), the current Goodwill is ₹0 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 Force Motors (BOM:500033) Overvalued in 2026?

Based on GuruFocus' analysis, Force Motors stock appears to be overvalued. The current stock price of ₹18,795.95 is trading 73.4% above its estimated GF Value™ of ₹10,838.90. GuruFocus considers Force Motors to be Significantly Overvalued.

Key valuation signals for BOM:500033:

  • Goodwill: ₹0 Mil
  • GF Value™: ₹10,838.90 vs. price of ₹18,795.95 (73.4% above fair value)
  • GF Score™: 66/100 with 1 warning sign

No single metric tells the full story. See the BOM:500033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Force Motors Business Description

Other Exchanges FORCEMOT:India
Address Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
66GF Score

Get the complete analysis for BOM:500033

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

₹18,795.95
Price
₹10,838.90
GF Value