Pembury Lifestyle Group (JSE:PEM) Goodwill: R2.69 Mil (As of Jun. 2019)

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What is Pembury Lifestyle Group Goodwill?

Pembury Lifestyle Group JSE:PEM Goodwill is R2.69 Mil as of Jun. 2019.

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. Pembury Lifestyle Group's goodwill for the quarter that ended in Jun. 2019 was R2.69 Mil.

Pembury Lifestyle Group  (JSE:PEM) 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.

Pembury Lifestyle Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (A: Dec. 2018 )=Goodwill/Total Assets
=7.042/243.484
=0.03

Pembury Lifestyle Group's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Goodwill-to-Asset (Q: Jun. 2019 )=Goodwill/Total Assets
=2.692/249.26
=0.01

* 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.

Pembury Lifestyle Group Goodwill Related Terms

Pembury Lifestyle Group Goodwill Historical Data

* Premium members only.

The historical data trend for Pembury Lifestyle 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.

Pembury Lifestyle Group Goodwill Chart

Pembury Lifestyle Group Annual Data
Trend Feb14 Feb15 Feb16 Dec17 Dec18
Goodwill
0.00 0.00 3.15 7.50 7.04

Pembury Lifestyle Group Semi-Annual Data
Feb14 Feb15 Feb16 Aug16 Jun17 Dec17 Jun18 Dec18 Jun19
Goodwill Get a 7-Day Free Trial Premium Member Only 3.15 7.50 7.50 7.04 2.69

Pembury Lifestyle Group 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 R2.69 Mil mean?
Pembury Lifestyle Group (JSE:PEM) has a Goodwill of R2.69 Mil as of Jun. 2019. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Pembury Lifestyle Group and its competitors.
Is Pembury Lifestyle Group's Goodwill too high?
Pembury Lifestyle Group's current Goodwill is R2.69 Mil.
How does Pembury Lifestyle Group's Goodwill compare to TAL and EDU?
Pembury Lifestyle Group's Goodwill of R2.69 Mil can be compared against companies in the Education 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 an Education company?
A good Goodwill depends on the Education 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 Pembury Lifestyle Group and its competitors. Pembury Lifestyle Group's current Goodwill is R2.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pembury Lifestyle Group stock overvalued right now?
Pembury Lifestyle Group (JSE:PEM) has a current Goodwill of R2.69 Mil. The current Goodwill is R2.69 Mil. 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 Pembury Lifestyle Group (JSE:PEM), the current Goodwill is R2.69 Mil as of Jun. 2019. 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.

Pembury Lifestyle Group Business Description

Address 111 9th Avenue, P.O. Box 73723, Fairlands, Randburg, Gauteng, Johannesburg, ZAF, 2030
Pembury Lifestyle Group Ltd is a South Africa based group that provides private education through its independent schools, with an intention to own the properties from which the schools operate and operating of retirement lodges. Its reportable segments are: PLG Properties - investment properties; Pembury Schools - developing and managing independent schools; and PLG Retirement Villages - developing and managing retirement villages. The main revenue is generated through the Pembury Schools segment that includes fees from the provision of accessible, affordable, private education and related services.