Discovery (FRA:D3H) Goodwill: €262 Mil (As of Dec. 2025)


FRA:D3H Discovery Ltd FRA:D3H
85 GF Score
Price €13.90
GF Value €14.33
! 4 Warning Signs
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What is Discovery Goodwill?

Discovery FRA:D3H 85 Goodwill is €262 Mil as of Dec. 2025. GuruFocus rates FRA:D3H with a GF Score™ of 85/100 and a GF Value™ of €14.33. 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. Discovery's goodwill for the quarter that ended in Dec. 2025 was €262 Mil.


Discovery  (FRA:D3H) 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.

Discovery'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
=264.141/15931.669
=0.02

Discovery'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
=262.399/18387.43
=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.


Discovery Goodwill Related Terms


Discovery Goodwill Historical Data

* Premium members only.

The historical data trend for Discovery'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.

Discovery Goodwill Chart

Discovery 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 291.06 293.83 266.19 266.77 264.14

Discovery 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 263.44 266.77 281.29 264.14 262.40
FRA:D3H
85GF Score
Discovery Ltd FRA:D3H
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Discovery 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 €262 Mil mean?
Discovery (FRA:D3H) has a Goodwill of €262 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 Discovery and its competitors.
Is Discovery's Goodwill too high?
Discovery's current Goodwill is €262 Mil. Overall, Discovery has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Discovery's Goodwill compare to AFL and MET?
Discovery's Goodwill of €262 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 Discovery and its competitors. Discovery's current Goodwill is €262 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery stock overvalued right now?
Discovery (FRA:D3H) has a current Goodwill of €262 Mil. The stock's GF Value™ is €14.33, compared to a current price of €13.90 — trading 3% below its estimated fair value. The current Goodwill is €262 Mil. Discovery's overall GF Score™ is 85/100 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 Discovery (FRA:D3H), the current Goodwill is €262 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 Discovery (FRA:D3H) Overvalued in 2026?

Based on GuruFocus' analysis, Discovery stock appears to be undervalued. The current stock price of €13.90 is trading 3% below its estimated GF Value™ of €14.33.

Key valuation signals for FRA:D3H:

  • Goodwill: €262 Mil
  • GF Value™: €14.33 vs. price of €13.90 (3% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the FRA:D3H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Discovery Business Description

Address 1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196
Discovery Ltd is a financial services organization. It operates in the healthcare, life insurance, short-term insurance, long-term savings, banking and wellness markets. It specializes in health insurance, life assurance, wellness, investments and savings, short-term insurance, and banking. The company generates revenue through its insurance and financial services, with primary markets in South Africa and the UK, and presence in Canada, the USA, Singapore, Australia, and China.
85GF Score

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

€13.90
Price
€14.33
GF Value