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. Bidvest Group's goodwill for the quarter that ended in Dec. 2025 was R26,580 Mil.
Bidvest Group (JSE:BVT) 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.
Bidvest Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Bidvest Group Goodwill Related Terms
Bidvest Group Goodwill Historical Data
* Premium members only.
The historical data trend for Bidvest Group'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.
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.
Bidvest Group (JSE:BVT) has a Goodwill of R26,580 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 Bidvest Group and its competitors.
Is Bidvest Group's Goodwill too high?
Bidvest Group's current Goodwill is R26,580 Mil. Overall, Bidvest Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bidvest Group's Goodwill compare to HON and MMM?
Bidvest Group's Goodwill of R26,580 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Goodwill depends on the Conglomerates 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 Bidvest Group and its competitors. Bidvest Group's current Goodwill is R26,580 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bidvest Group stock overvalued right now?
Based on GuruFocus' analysis, Bidvest Group (JSE:BVT) is currently considered Modestly Undervalued. The stock's GF Value™ is R280.54, compared to a current price of R238.14 — trading 15.1% below its estimated fair value. The current Goodwill is R26,580 Mil. Bidvest Group's overall GF Score™ is 83/100 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 Bidvest Group (JSE:BVT), the current Goodwill is R26,580 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 Bidvest Group (JSE:BVT) Overvalued in 2026?
Based on GuruFocus' analysis, Bidvest Group stock appears to be undervalued.
The current stock price of R238.14 is trading 15.1% below its estimated GF Value™ of R280.54.
GuruFocus considers Bidvest Group to be Modestly Undervalued.
Key valuation signals for JSE:BVT:
Goodwill: R26,580 Mil
GF Value™: R280.54 vs. price of R238.14 (15.1% below fair value)
No single metric tells the full story. See the JSE:BVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bidvest Group Ltd is a diversified business-to-business services, trading, and distribution company. Its diverse portfolio operates in two segments: Business services and Trading and distribution, through six divisions and a majority-owned subsidiary, Adcock Ingram. The company principally generates revenue from providing a wide range of goods and services through its eight core trading segments, Services South Africa, Services International, Freight, Commercial Products, Branded Products, Adcock Ingram and Automotive. Geographically, it derives the majority of revenue from South Africa.
83GF Score
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