Warsaw Stock Exchange (FRA:WSX) Goodwill: €36.7 Mil (As of Mar. 2026)


FRA:WSX Warsaw Stock Exchange FRA:WSX
89 GF Score
Price €20.22
GF Value €13.26
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Warsaw Stock Exchange Goodwill?

Warsaw Stock Exchange FRA:WSX +1.00% 89 Goodwill is €36.7 Mil as of Mar. 2026. GuruFocus rates FRA:WSX with a GF Score™ of 89/100 and a GF Value™ of €13.26 (Significantly Overvalued). The stock has 8 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. Warsaw Stock Exchange's goodwill for the quarter that ended in Mar. 2026 was €36.7 Mil.


Warsaw Stock Exchange  (FRA:WSX) 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.

Warsaw Stock Exchange'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
=36.72/315.192
=0.12

Warsaw Stock Exchange'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
=36.72/352.918
=0.10

* 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.


Warsaw Stock Exchange Goodwill Related Terms


Warsaw Stock Exchange Goodwill Historical Data

* Premium members only.

The historical data trend for Warsaw Stock Exchange'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.

Warsaw Stock Exchange Goodwill Chart

Warsaw Stock Exchange 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 39.01 36.73 36.73 36.72 36.72

Warsaw Stock Exchange 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 36.72 36.72 36.72 36.72 36.72
FRA:WSX
89GF Score
Warsaw Stock Exchange FRA:WSX
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Warsaw Stock Exchange 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 €36.7 Mil mean?
Warsaw Stock Exchange (FRA:WSX) has a Goodwill of €36.7 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 Warsaw Stock Exchange and its competitors.
Is Warsaw Stock Exchange's Goodwill too high?
Warsaw Stock Exchange's current Goodwill is €36.7 Mil. Overall, Warsaw Stock Exchange has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Goodwill compare to SPGI and CME?
Warsaw Stock Exchange's Goodwill of €36.7 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill depends on the Capital Markets 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 Warsaw Stock Exchange and its competitors. Warsaw Stock Exchange's current Goodwill is €36.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.26, compared to a current price of €20.22 — trading 52.5% above its estimated fair value. The current Goodwill is €36.7 Mil. Warsaw Stock Exchange's overall GF Score™ is 89/100 with 8 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 Warsaw Stock Exchange (FRA:WSX), the current Goodwill is €36.7 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?

Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued. The current stock price of €20.22 is trading 52.5% above its estimated GF Value™ of €13.26. GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.

Key valuation signals for FRA:WSX:

  • Goodwill: €36.7 Mil
  • GF Value™: €13.26 vs. price of €20.22 (52.5% above fair value)
  • GF Score™: 89/100 with 8 warning signs

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


Warsaw Stock Exchange Business Description

Other Exchanges GPW:PolandWSX:Germany
Address ul. Ksiazeca 4, Warsaw, POL, 00-498
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
89GF Score

Get the complete analysis for FRA:WSX

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

€20.22
Price
€13.26
GF Value