Freedom Holding (STU:DMW2) Goodwill: €44 Mil (As of Mar. 2026)


STU:DMW2 Freedom Holding Corp STU:DMW2
72 GF Score
Price €140.00
GF Value €127.06
Valuation Fairly Valued
! 10 Warning Signs
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What is Freedom Holding Goodwill?

Freedom Holding STU:DMW2 +4.48% 72 Goodwill is €44 Mil as of Mar. 2026. GuruFocus rates STU:DMW2 with a GF Score™ of 72/100 and a GF Value™ of €127.06 (Fairly Valued). The stock has 10 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. Freedom Holding's goodwill for the quarter that ended in Mar. 2026 was €44 Mil.


Freedom Holding  (STU:DMW2) 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.

Freedom 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
=44.201/11379.282
=0.00

Freedom 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
=44.201/11379.282
=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.


Freedom Holding Goodwill Related Terms


Freedom Holding Goodwill Historical Data

* Premium members only.

The historical data trend for Freedom 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.

Freedom Holding Goodwill Chart

Freedom 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 5.36 13.26 48.44 45.41 44.20

Freedom 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 45.41 42.02 39.40 42.23 44.20
STU:DMW2
72GF Score
Freedom Holding Corp STU:DMW2
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Freedom 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 €44 Mil mean?
Freedom Holding (STU:DMW2) has a Goodwill of €44 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 Freedom Holding and its competitors.
Is Freedom Holding's Goodwill too high?
Freedom Holding's current Goodwill is €44 Mil. Overall, Freedom Holding has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Goodwill compare to VOYA and HTH?
Freedom Holding's Goodwill of €44 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Goodwill depends on the Diversified Financial Services 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 Freedom Holding and its competitors. Freedom Holding's current Goodwill is €44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (STU:DMW2) is currently considered Fairly Valued. The stock's GF Value™ is €127.06, compared to a current price of €140.00 — trading 10.2% above its estimated fair value. The current Goodwill is €44 Mil. Freedom Holding's overall GF Score™ is 72/100 with 10 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 Freedom Holding (STU:DMW2), the current Goodwill is €44 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 Freedom Holding (STU:DMW2) Overvalued in 2026?

Based on GuruFocus' analysis, Freedom Holding stock appears to be overvalued. The current stock price of €140.00 is trading 10.2% above its estimated GF Value™ of €127.06. GuruFocus considers Freedom Holding to be Fairly Valued.

Key valuation signals for STU:DMW2:

  • Goodwill: €44 Mil
  • GF Value™: €127.06 vs. price of €140.00 (10.2% above fair value)
  • GF Score™: 72/100 with 10 warning signs

No single metric tells the full story. See the STU:DMW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freedom Holding Business Description

Address 40 Wall Street, 58th Floor, New York, NY, USA, 10005
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
72GF Score

Get the complete analysis for STU:DMW2

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

€140.00
Price
€127.06
GF Value