Custodian Investment (NSA:CUSTODIAN) Goodwill: ₦0 Mil (As of Mar. 2026)


NSA:CUSTODIAN Custodian Investment PLC NSA:CUSTODIAN
70 GF Score
Price ₦65.90
GF Value ₦29.23
Valuation Significantly Overvalued
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What is Custodian Investment Goodwill?

Custodian Investment NSA:CUSTODIAN 70 Goodwill is ₦0 Mil as of Mar. 2026. GuruFocus rates NSA:CUSTODIAN with a GF Score™ of 70/100 and a GF Value™ of ₦29.23 (Significantly Overvalued).

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. Custodian Investment's goodwill for the quarter that ended in Mar. 2026 was ₦0 Mil.


Custodian Investment  (NSA:CUSTODIAN) 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.

Custodian Investment'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
=0/1064733.159
=0.00

Custodian Investment'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
=0/1108570.246
=0.00

* 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.


Custodian Investment Goodwill Related Terms


Custodian Investment Goodwill Historical Data

* Premium members only.

The historical data trend for Custodian Investment'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.

Custodian Investment Goodwill Chart

Custodian Investment 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 0.00 0.00 0.00 0.00 0.00

Custodian Investment 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 0.00 0.00 0.00 0.00 0.00
NSA:CUSTODIAN
70GF Score
Custodian Investment PLC NSA:CUSTODIAN
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Custodian Investment 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 ₦0 Mil mean?
Custodian Investment (NSA:CUSTODIAN) has a Goodwill of ₦0 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 Custodian Investment and its competitors.
Is Custodian Investment's Goodwill too high?
Custodian Investment's current Goodwill is ₦0 Mil. Overall, Custodian Investment has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custodian Investment's Goodwill compare to BRK.A and AIG?
Custodian Investment's Goodwill of ₦0 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Goodwill depends on the Insurance 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 Custodian Investment and its competitors. Custodian Investment's current Goodwill is ₦0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custodian Investment stock overvalued right now?
Based on GuruFocus' analysis, Custodian Investment (NSA:CUSTODIAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦29.23, compared to a current price of ₦65.90 — trading 125.5% above its estimated fair value. The current Goodwill is ₦0 Mil. Custodian Investment's overall GF Score™ is 70/100. 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 Custodian Investment (NSA:CUSTODIAN), the current Goodwill is ₦0 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 Custodian Investment (NSA:CUSTODIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Custodian Investment stock appears to be overvalued. The current stock price of ₦65.90 is trading 125.5% above its estimated GF Value™ of ₦29.23. GuruFocus considers Custodian Investment to be Significantly Overvalued.

Key valuation signals for NSA:CUSTODIAN:

  • Goodwill: ₦0 Mil
  • GF Value™: ₦29.23 vs. price of ₦65.90 (125.5% above fair value)
  • GF Score™: 70/100

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


Custodian Investment Business Description

Address 16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company having interests in Life Insurance, General Insurance, Pensions, Trustees, Property and Financial Services Business. Its segments include Property/Casualty Insurance, Life Insurance, Pension Asset Management, Trusteeship/Company Secretary Services, Hospitality, Asset Management, and Property development and management. The majority of the revenue is derived from Property development and management segment.
70GF Score

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

₦65.90
Price
₦29.23
GF Value