Forgame Holdings (FRA:FH0) Goodwill: €3.13 Mil (As of Dec. 2025)


FRA:FH0 Forgame Holdings Ltd FRA:FH0
58 GF Score
Price €0.07
GF Value €0.13
! 4 Warning Signs
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What is Forgame Holdings Goodwill?

Forgame Holdings FRA:FH0 -5.80% 58 Goodwill is €3.13 Mil as of Dec. 2025. GuruFocus rates FRA:FH0 with a GF Score™ of 58/100 and a GF Value™ of €0.13. 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. Forgame Holdings's goodwill for the quarter that ended in Dec. 2025 was €3.13 Mil.


Forgame Holdings  (FRA:FH0) 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.

Forgame Holdings'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
=3.126/54.701
=0.06

Forgame 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
=3.126/54.701
=0.06

* 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.


Forgame Holdings Goodwill Related Terms


Forgame Holdings Goodwill Historical Data

* Premium members only.

The historical data trend for Forgame 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.

Forgame Holdings Goodwill Chart

Forgame Holdings 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 2.40 2.34 2.22 3.38 3.13

Forgame 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 2.22 0.00 3.38 0.00 3.13
FRA:FH0
58GF Score
Forgame Holdings Ltd FRA:FH0
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Forgame 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 €3.13 Mil mean?
Forgame Holdings (FRA:FH0) has a Goodwill of €3.13 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 Forgame Holdings and its competitors.
Is Forgame Holdings' Goodwill too high?
Forgame Holdings' current Goodwill is €3.13 Mil. Overall, Forgame Holdings has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Forgame Holdings' Goodwill compare to SNX and ARW?
Forgame Holdings' Goodwill of €3.13 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Goodwill depends on the Hardware 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 Forgame Holdings and its competitors. Forgame Holdings's current Goodwill is €3.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forgame Holdings stock overvalued right now?
Forgame Holdings (FRA:FH0) has a current Goodwill of €3.13 Mil. The stock's GF Value™ is €0.13, compared to a current price of €0.07 — trading 50% below its estimated fair value. The current Goodwill is €3.13 Mil. Forgame Holdings' overall GF Score™ is 58/100 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 Forgame Holdings (FRA:FH0), the current Goodwill is €3.13 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 Forgame Holdings (FRA:FH0) Overvalued in 2026?

Based on GuruFocus' analysis, Forgame Holdings stock appears to be undervalued. The current stock price of €0.07 is trading 50% below its estimated GF Value™ of €0.13.

Key valuation signals for FRA:FH0:

  • Goodwill: €3.13 Mil
  • GF Value™: €0.13 vs. price of €0.07 (50% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the FRA:FH0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forgame Holdings Business Description

Other Exchanges 00484:Hong Kong
Address Block A Phase I, Room 1106, Innovation Technology Plaza, Tianan Digital City, Futian District, Chegongmiao, Shenzhen, CHN
Forgame Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and publishing domestic and overseas web games and mobile games, and trading of electronic devices and semiconductors in the People's Republic of China (PRC). The Group's operating segments are: Game business, and Electronic device and semiconductor business. The majority of its revenue is derived from the Electronic Device and Semiconductor Business, which is engaged in trading storage solutions and semiconductor components for enterprise-level products, providing various products from components to systems. Geographically, the Group generates maximum revenue from PRC (excluding Hong Kong), and the rest from other regions.
58GF Score

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

€0.07
Price
€0.13
GF Value