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. Royal Bank of Canada's goodwill for the quarter that ended in Apr. 2026 was MXN244,989 Mil.
Royal Bank of Canada (MEX:RY 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.
Royal Bank of Canada's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 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.
Royal Bank of Canada Goodwill Related Terms
Royal Bank of Canada Goodwill Historical Data
* Premium members only.
The historical data trend for Royal Bank of Canada'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.
Royal Bank of Canada (MEX:RY N) has a Goodwill of MXN244,989 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 Royal Bank of Canada and its competitors.
Is Royal Bank of Canada's Goodwill too high?
Royal Bank of Canada's current Goodwill is MXN244,989 Mil. Overall, Royal Bank of Canada has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Goodwill compare to JPM and BAC?
Royal Bank of Canada's Goodwill of MXN244,989 Mil can be compared against companies in the Banks 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 Banks company?
A good Goodwill depends on the Banks 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 Royal Bank of Canada and its competitors. Royal Bank of Canada's current Goodwill is MXN244,989 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Royal Bank of Canada (MEX:RY N) has a current Goodwill of MXN244,989 Mil. The stock's GF Value™ is MXN2,124.59, compared to a current price of MXN2,990.00 — trading 40.7% above its estimated fair value. The current Goodwill is MXN244,989 Mil. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 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 Royal Bank of Canada (MEX:RY N), the current Goodwill is MXN244,989 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 Royal Bank of Canada (MEX:RY N) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of MXN2,990.00 is trading 40.7% above its estimated GF Value™ of MXN2,124.59.
Key valuation signals for MEX:RY N:
Goodwill: MXN244,989 Mil
GF Value™: MXN2,124.59 vs. price of MXN2,990.00 (40.7% above fair value)
No single metric tells the full story. See the MEX:RY N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.4 trillion in assets at the end of April 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score
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