Birkenstock Holding (HAM:7PV) Goodwill: €1,527 Mil (As of Mar. 2026)


HAM:7PV Birkenstock Holding PLC HAM:7PV
65 GF Score
Price €37.40
GF Value €60.77
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Birkenstock Holding Goodwill?

Birkenstock Holding HAM:7PV -3.73% 65 Goodwill is €1,527 Mil as of Mar. 2026. GuruFocus rates HAM:7PV with a GF Score™ of 65/100 and a GF Value™ of €60.77 (Significantly Undervalued). The stock has 2 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. Birkenstock Holding's goodwill for the quarter that ended in Mar. 2026 was €1,527 Mil.


Birkenstock Holding  (HAM:7PV) 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.

Birkenstock Holding's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Goodwill-to-Asset (A: Sep. 2025 )=Goodwill/Total Assets
=1512.27/4942.12
=0.31

Birkenstock Holding'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
=1526.733/5164.463
=0.30

* 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.


Birkenstock Holding Goodwill Related Terms


Birkenstock Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Goodwill Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Goodwill
Get a 7-Day Free Trial 1,556.68 1,674.29 1,593.92 1,554.62 1,512.27

Birkenstock Holding Quarterly Data
Sep20 Sep21 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 1,576.48 1,515.10 1,512.27 1,509.96 1,526.73
HAM:7PV
65GF Score
Birkenstock Holding PLC HAM:7PV
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Birkenstock Holding 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 €1,527 Mil mean?
Birkenstock Holding (HAM:7PV) has a Goodwill of €1,527 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 Birkenstock Holding and its competitors.
Is Birkenstock Holding's Goodwill too high?
Birkenstock Holding's current Goodwill is €1,527 Mil. Overall, Birkenstock Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Birkenstock Holding's Goodwill compare to CROX and ONON?
Birkenstock Holding's Goodwill of €1,527 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Goodwill depends on the Manufacturing - Apparel & Accessories 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 Birkenstock Holding and its competitors. Birkenstock Holding's current Goodwill is €1,527 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birkenstock Holding stock overvalued right now?
Based on GuruFocus' analysis, Birkenstock Holding (HAM:7PV) is currently considered Significantly Undervalued. The stock's GF Value™ is €60.77, compared to a current price of €37.40 — trading 38.5% below its estimated fair value. The current Goodwill is €1,527 Mil. Birkenstock Holding's overall GF Score™ is 65/100 with 2 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 Birkenstock Holding (HAM:7PV), the current Goodwill is €1,527 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 Birkenstock Holding (HAM:7PV) Overvalued in 2026?

Based on GuruFocus' analysis, Birkenstock Holding stock appears to be undervalued. The current stock price of €37.40 is trading 38.5% below its estimated GF Value™ of €60.77. GuruFocus considers Birkenstock Holding to be Significantly Undervalued.

Key valuation signals for HAM:7PV:

  • Goodwill: €1,527 Mil
  • GF Value™: €60.77 vs. price of €37.40 (38.5% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the HAM:7PV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Birkenstock Holding Business Description

Address 1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock is a German footwear brand known for comfort-focused, timeless designs, with 76% of 2022 sales coming from its top five iconic models. Products are made in Europe using sustainable, mostly locally sourced materials. The brand combines orthopedic function with everyday style, appealing to a broad audience. The Americas account for 52% of sales, EMEA 37%, with the remainder coming from Asia-Pacific, which has also the higher future growth expectations.
65GF Score

Get the complete analysis for HAM:7PV

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

€37.40
Price
€60.77
GF Value