CDS Co (NGO:2169) Goodwill: 円8 Mil (As of Dec. 2025)


NGO:2169 CDS Co Ltd NGO:2169
71 GF Score
Price 円1,370.00
GF Value 円1,213.46
! 3 Warning Signs
View Full Analysis

What is CDS Co Goodwill?

CDS Co NGO:2169 71 Goodwill is 円8 Mil as of Dec. 2025. GuruFocus rates NGO:2169 with a GF Score™ of 71/100 and a GF Value™ of 円1,213.46. The stock has 3 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. CDS Co's goodwill for the quarter that ended in Dec. 2025 was 円8 Mil.


CDS Co  (NGO:2169) 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.

CDS 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
=8.444/10600.961
=0.00

CDS Co's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=8.444/10600.961
=

* 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.


CDS Co Goodwill Related Terms


CDS Co Goodwill Historical Data

* Premium members only.

The historical data trend for CDS 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.

CDS Co Goodwill Chart

CDS 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 133.24 59.11 42.22 25.33 8.44

CDS Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 25.33 21.11 16.89 8.44 4.22
NGO:2169
71GF Score
CDS Co Ltd NGO:2169
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CDS 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 円8 Mil mean?
CDS Co (NGO:2169) has a Goodwill of 円8 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on CDS Co and its competitors.
Is CDS Co's Goodwill too high?
CDS Co's current Goodwill is 円8 Mil. Overall, CDS Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does CDS Co's Goodwill compare to UBER and SHOP?
CDS Co's Goodwill of 円8 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 CDS Co and its competitors. CDS Co's current Goodwill is 円8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDS Co stock overvalued right now?
CDS Co (NGO:2169) has a current Goodwill of 円8 Mil. The stock's GF Value™ is 円1,213.46, compared to a current price of 円1,370.00 — trading 12.9% above its estimated fair value. The current Goodwill is 円8 Mil. CDS Co's overall GF Score™ is 71/100 with 3 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 CDS Co (NGO:2169), the current Goodwill is 円8 Mil as of Dec. 2025. 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 CDS Co (NGO:2169) Overvalued in 2026?

Based on GuruFocus' analysis, CDS Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 12.9% above its estimated GF Value™ of 円1,213.46.

Key valuation signals for NGO:2169:

  • Goodwill: 円8 Mil
  • GF Value™: 円1,213.46 vs. price of 円1,370.00 (12.9% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the NGO:2169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CDS Co Business Description

Other Exchanges 2169:Japan
Address 1-1-17 Meieki, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work, including building databases and creating e-learning content, creating tools, including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.
71GF Score

Get the complete analysis for NGO:2169

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

円1,370.00
Price
円1,213.46
GF Value