Noor Financial Investment Co (KUW:NOOR) Goodwill: KWD2.03 Mil (As of Mar. 2026)


KUW:NOOR Noor Financial Investment Co KUW:NOOR
56 GF Score
Price KWD0.42
GF Value KWD0.39
Valuation Fairly Valued
! 6 Warning Signs
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What is Noor Financial Investment Co Goodwill?

Noor Financial Investment Co KUW:NOOR -1.65% 56 Goodwill is KWD2.03 Mil as of Mar. 2026. GuruFocus rates KUW:NOOR with a GF Score™ of 56/100 and a GF Value™ of KWD0.39 (Fairly Valued). The stock has 6 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. Noor Financial Investment Co's goodwill for the quarter that ended in Mar. 2026 was KWD2.03 Mil.


Noor Financial Investment Co  (KUW:NOOR) 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.

Noor Financial Investment Co'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
=2.029/192.757
=0.01

Noor Financial Investment Co'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
=2.029/195.62
=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.


Noor Financial Investment Co Goodwill Related Terms


Noor Financial Investment Co Goodwill Historical Data

* Premium members only.

The historical data trend for Noor Financial Investment 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.

Noor Financial Investment Co Goodwill Chart

Noor Financial Investment Co 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 2.03 2.03 2.03 2.03 2.03

Noor Financial Investment Co 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 2.03 2.03 2.03 2.03 2.03
KUW:NOOR
56GF Score
Noor Financial Investment Co KUW:NOOR
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Noor Financial Investment 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 KWD2.03 Mil mean?
Noor Financial Investment Co (KUW:NOOR) has a Goodwill of KWD2.03 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 Noor Financial Investment Co and its competitors.
Is Noor Financial Investment Co's Goodwill too high?
Noor Financial Investment Co's current Goodwill is KWD2.03 Mil. Overall, Noor Financial Investment Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noor Financial Investment Co's Goodwill compare to BLK and BX?
Noor Financial Investment Co's Goodwill of KWD2.03 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Goodwill depends on the Asset Management 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 Noor Financial Investment Co and its competitors. Noor Financial Investment Co's current Goodwill is KWD2.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noor Financial Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Noor Financial Investment Co (KUW:NOOR) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.39, compared to a current price of KWD0.42 — trading 7.2% above its estimated fair value. The current Goodwill is KWD2.03 Mil. Noor Financial Investment Co's overall GF Score™ is 56/100 with 6 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 Noor Financial Investment Co (KUW:NOOR), the current Goodwill is KWD2.03 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 Noor Financial Investment Co (KUW:NOOR) Overvalued in 2026?

Based on GuruFocus' analysis, Noor Financial Investment Co stock appears to be overvalued. The current stock price of KWD0.42 is trading 7.2% above its estimated GF Value™ of KWD0.39. GuruFocus considers Noor Financial Investment Co to be Fairly Valued.

Key valuation signals for KUW:NOOR:

  • Goodwill: KWD2.03 Mil
  • GF Value™: KWD0.39 vs. price of KWD0.42 (7.2% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Noor Financial Investment Co Business Description

Address Intersection of Jahra Street & Airport Road, Noor Building, Shuwaikh, P.O. BOX: 3311, Kuwait, KWT, 13034
Noor Financial Investment Co is engaged in a wide range of investment and financial services activities. The Company acts as an investment portfolio manager, collective investment scheme manager, subscription agent, investment consultant, and custodian, and also operates as a non-registered stockbroker on a stock exchange. Its activities include buying and selling shares and bonds for its own account, investing financial surpluses through portfolios managed by specialized entities, providing financing services, and undertaking commercial representation agencies. In addition, the Company is involved in the buying, selling, and ownership of land, real estate, and other movable assets for its benefit. Geographically, it operates in domestic, GCC, and other international regions.
56GF Score

Get the complete analysis for KUW:NOOR

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

KWD0.42
Price
KWD0.39
GF Value