The Descartes Systems Group (MEX:DSG N) Goodwill: MXN18,109 Mil (As of Apr. 2026)


MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
85 GF Score
Price MXN1,264.95
GF Value MXN2,129.50
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What is The Descartes Systems Group Goodwill?

The Descartes Systems Group MEX:DSG N 85 Goodwill is MXN18,109 Mil as of Apr. 2026. GuruFocus rates MEX:DSG N with a GF Score™ of 85/100 and a GF Value™ of MXN2,129.50.

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. The Descartes Systems Group's goodwill for the quarter that ended in Apr. 2026 was MXN18,109 Mil.


The Descartes Systems Group  (MEX:DSG N) 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.

The Descartes Systems Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Goodwill-to-Asset (A: Jan. 2026 )=Goodwill/Total Assets
=17796.617/32888.461
=0.54

The Descartes Systems Group's Goodwill-to-Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Goodwill-to-Asset (Q: Apr. 2026 )=Goodwill/Total Assets
=18108.932/33641.492
=0.54

* 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.


The Descartes Systems Group Goodwill Related Terms


The Descartes Systems Group Goodwill Historical Data

* Premium members only.

The historical data trend for The Descartes Systems 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.

The Descartes Systems Group Goodwill Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,563.00 12,700.81 13,061.01 19,076.77 17,796.62

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 19,439.70 18,656.47 18,849.53 17,796.62 18,108.93
MEX:DSG N
85GF Score
The Descartes Systems Group Inc MEX:DSG N
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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The Descartes Systems 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 MXN18,109 Mil mean?
The Descartes Systems Group (MEX:DSG N) has a Goodwill of MXN18,109 Mil as of Apr. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on The Descartes Systems Group and its competitors.
Is The Descartes Systems Group's Goodwill too high?
The Descartes Systems Group's current Goodwill is MXN18,109 Mil. Overall, The Descartes Systems Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Goodwill compare to CRM and SHOP?
The Descartes Systems Group's Goodwill of MXN18,109 Mil can be compared against companies in the Software 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 Software company?
A good Goodwill depends on the Software 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 The Descartes Systems Group and its competitors. The Descartes Systems Group's current Goodwill is MXN18,109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Goodwill of MXN18,109 Mil. The stock's GF Value™ is MXN2,129.50, compared to a current price of MXN1,264.95 — trading 40.6% below its estimated fair value. The current Goodwill is MXN18,109 Mil. The Descartes Systems Group's overall GF Score™ is 85/100. 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 The Descartes Systems Group (MEX:DSG N), the current Goodwill is MXN18,109 Mil as of Apr. 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 40.6% below its estimated GF Value™ of MXN2,129.50.

Key valuation signals for MEX:DSG N:

  • Goodwill: MXN18,109 Mil
  • GF Value™: MXN2,129.50 vs. price of MXN1,264.95 (40.6% below fair value)
  • GF Score™: 85/100

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
85GF Score

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

MXN1,264.95
Price
MXN2,129.50
GF Value