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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. Garware Hi-Tech Films's goodwill for the quarter that ended in Mar. 2026 was ₹0 Mil.
Garware Hi-Tech Films (BOM:500655) 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.
Garware Hi-Tech Films's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
* 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.
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.
Garware Hi-Tech Films (BOM:500655) 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 Garware Hi-Tech Films and its competitors.
Is Garware Hi-Tech Films' Goodwill too high?
Garware Hi-Tech Films' current Goodwill is ₹0 Mil. Overall, Garware Hi-Tech Films has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Goodwill compare to LIN and SHW?
Garware Hi-Tech Films' Goodwill of ₹0 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Goodwill depends on the Chemicals 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 Garware Hi-Tech Films and its competitors. Garware Hi-Tech Films'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 Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (BOM:500655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,354.55, compared to a current price of ₹7,040.60 — trading 109.9% above its estimated fair value. The current Goodwill is ₹0 Mil. Garware Hi-Tech Films' overall GF Score™ is 62/100 with 6 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 Garware Hi-Tech Films (BOM:500655), 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 Garware Hi-Tech Films (BOM:500655) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued.
The current stock price of ₹7,040.60 is trading 109.9% above its estimated GF Value™ of ₹3,354.55.
GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.
Key valuation signals for BOM:500655:
Goodwill: ₹0 Mil
GF Value™: ₹3,354.55 vs. price of ₹7,040.60 (109.9% above fair value)
No single metric tells the full story. See the BOM:500655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
62GF Score
Get the complete analysis for BOM:500655
Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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