Art's-Way Manufacturing Co (FRA:ID2) Goodwill: €0.00 Mil (As of May. 2026)

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FRA:ID2 Art's-Way Manufacturing Co Inc FRA:ID2
55 GF Score
Price €2.56
GF Value €1.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Art's-Way Manufacturing Co Goodwill?

Art's-Way Manufacturing Co FRA:ID2 -2.29% 55 Goodwill is €0.00 Mil as of May. 2026. GuruFocus rates FRA:ID2 with a GF Score™ of 55/100 and a GF Value™ of €1.57 (Significantly Overvalued). The stock has 5 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. Art's-Way Manufacturing Co's goodwill for the quarter that ended in May. 2026 was €0.00 Mil.


Art's-Way Manufacturing Co  (FRA:ID2) 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.

Art's-Way Manufacturing Co's Goodwill-to-Asset Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Goodwill-to-Asset (A: Nov. 2025 )=Goodwill/Total Assets
=0/19.443
=0.00

Art's-Way Manufacturing Co's Goodwill-to-Asset Ratio for the quarter that ended in May. 2026 is calculated as

Goodwill-to-Asset (Q: May. 2026 )=Goodwill/Total Assets
=0/20.268
=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.


Art's-Way Manufacturing Co Goodwill Related Terms


Art's-Way Manufacturing Co Goodwill Historical Data

* Premium members only.

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co Goodwill Chart

Art's-Way Manufacturing Co Annual Data
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Art's-Way Manufacturing Co Quarterly Data
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FRA:ID2
55GF Score
Art's-Way Manufacturing Co Inc FRA:ID2
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Art's-Way Manufacturing Co 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 €0.00 Mil mean?
Art's-Way Manufacturing Co (FRA:ID2) has a Goodwill of €0.00 Mil as of May. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Art's-Way Manufacturing Co and its competitors.
Is Art's-Way Manufacturing Co's Goodwill too high?
Art's-Way Manufacturing Co's current Goodwill is €0.00 Mil. Overall, Art's-Way Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art's-Way Manufacturing Co's Goodwill compare to GP and CLEV?
Art's-Way Manufacturing Co's Goodwill of €0.00 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Goodwill depends on the Farm & Heavy Construction Machinery 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 Art's-Way Manufacturing Co and its competitors. Art's-Way Manufacturing Co's current Goodwill is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art's-Way Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co (FRA:ID2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €2.56 — trading 63.1% above its estimated fair value. The current Goodwill is €0.00 Mil. Art's-Way Manufacturing Co's overall GF Score™ is 55/100 with 5 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 Art's-Way Manufacturing Co (FRA:ID2), the current Goodwill is €0.00 Mil as of May. 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 Art's-Way Manufacturing Co (FRA:ID2) Overvalued in 2026?

Based on GuruFocus' analysis, Art's-Way Manufacturing Co stock appears to be overvalued. The current stock price of €2.56 is trading 63.1% above its estimated GF Value™ of €1.57. GuruFocus considers Art's-Way Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:ID2:

  • Goodwill: €0.00 Mil
  • GF Value™: €1.57 vs. price of €2.56 (63.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the FRA:ID2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art's-Way Manufacturing Co Business Description

Other Exchanges ARTW:USA
Address 5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.
55GF Score

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

€2.56
Price
€1.57
GF Value