Alibaba Group Holding (MEX:9988N) Goodwill: MXN647,247 Mil (As of Mar. 2026)


MEX:9988N Alibaba Group Holding Ltd MEX:9988N
79 GF Score
Price MXN223.22
GF Value MXN266.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Alibaba Group Holding Goodwill?

Alibaba Group Holding MEX:9988N 79 Goodwill is MXN647,247 Mil as of Mar. 2026. GuruFocus rates MEX:9988N with a GF Score™ of 79/100 and a GF Value™ of MXN266.17 (Modestly Undervalued). The stock has 4 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. Alibaba Group Holding's goodwill for the quarter that ended in Mar. 2026 was MXN647,247 Mil.


Alibaba Group Holding  (MEX:9988N) 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.

Alibaba Group Holding's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=647247.321/4996257.01
=0.13

Alibaba Group 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
=647247.321/4996257.01
=0.13

* 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.


Alibaba Group Holding Goodwill Related Terms


Alibaba Group Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Alibaba Group 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.

Alibaba Group Holding Goodwill Chart

Alibaba Group Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 846,015.08 701,264.03 598,444.62 721,047.63 647,247.32

Alibaba Group Holding 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 721,047.63 670,203.51 658,086.43 627,492.20 647,247.32
MEX:9988N
79GF Score
Alibaba Group Holding Ltd MEX:9988N
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Alibaba Group 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 MXN647,247 Mil mean?
Alibaba Group Holding (MEX:9988N) has a Goodwill of MXN647,247 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 Alibaba Group Holding and its competitors.
Is Alibaba Group Holding's Goodwill too high?
Alibaba Group Holding's current Goodwill is MXN647,247 Mil. Overall, Alibaba Group Holding has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alibaba Group Holding's Goodwill compare to PDD and MELI?
Alibaba Group Holding's Goodwill of MXN647,247 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill depends on the Retail - Cyclical 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 Alibaba Group Holding and its competitors. Alibaba Group Holding's current Goodwill is MXN647,247 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alibaba Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Alibaba Group Holding (MEX:9988N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN266.17, compared to a current price of MXN223.22 — trading 16.1% below its estimated fair value. The current Goodwill is MXN647,247 Mil. Alibaba Group Holding's overall GF Score™ is 79/100 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 Alibaba Group Holding (MEX:9988N), the current Goodwill is MXN647,247 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 Alibaba Group Holding (MEX:9988N) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be undervalued. The current stock price of MXN223.22 is trading 16.1% below its estimated GF Value™ of MXN266.17. GuruFocus considers Alibaba Group Holding to be Modestly Undervalued.

Key valuation signals for MEX:9988N:

  • Goodwill: MXN647,247 Mil
  • GF Value™: MXN266.17 vs. price of MXN223.22 (16.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the MEX:9988N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alibaba Group Holding Business Description

Address 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China retail e-commerce platform is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China wholesale e-commerce, international retail and wholesale e-commerce, local consumer services, travel services, cloud computing, digital media and entertainment, Cainiao logistics services, and other businesses.
79GF Score

Get the complete analysis for MEX:9988N

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

MXN223.22
Price
MXN266.17
GF Value