TFIG (TFI TAB Gida Yatirimlari AS) Goodwill: $11.32 Mil (As of Dec. 2016)

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What is TFI TAB Gida Yatirimlari AS Goodwill?

TFI TAB Gida Yatirimlari AS TFIG Goodwill is $11.32 Mil as of Dec. 2016.

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. TFI TAB Gida Yatirimlari AS's goodwill for the quarter that ended in Dec. 2016 was $11.32 Mil.


TFI TAB Gida Yatirimlari AS  (NAS:TFIG) 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.

TFI TAB Gida Yatirimlari AS's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill-to-Asset (A: Dec. 2016 )=Goodwill/Total Assets
=11.319/647.192
=0.02

TFI TAB Gida Yatirimlari AS's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Goodwill-to-Asset (Q: Dec. 2016 )=Goodwill/Total Assets
=11.319/647.192
=0.02

* 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.


TFI TAB Gida Yatirimlari AS Goodwill Related Terms


TFI TAB Gida Yatirimlari AS Goodwill Historical Data

* Premium members only.

The historical data trend for TFI TAB Gida Yatirimlari AS'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.

TFI TAB Gida Yatirimlari AS Goodwill Chart

TFI TAB Gida Yatirimlari AS Annual Data
Trend Dec15 Dec16
Goodwill
11.96 11.32

TFI TAB Gida Yatirimlari AS Semi-Annual Data
Dec15 Dec16
Goodwill 11.96 11.32

TFI TAB Gida Yatirimlari AS 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 $11.32 Mil mean?
TFI TAB Gida Yatirimlari AS (TFIG) has a Goodwill of $11.32 Mil as of Dec. 2016. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on TFI TAB Gida Yatirimlari AS and its competitors.
Is TFI TAB Gida Yatirimlari AS's Goodwill too high?
TFI TAB Gida Yatirimlari AS's current Goodwill is $11.32 Mil.
How does TFI TAB Gida Yatirimlari AS's Goodwill compare to ?
TFI TAB Gida Yatirimlari AS's Goodwill of $11.32 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Goodwill depends on the Restaurants 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 TFI TAB Gida Yatirimlari AS and its competitors. TFI TAB Gida Yatirimlari AS's current Goodwill is $11.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI TAB Gida Yatirimlari AS stock overvalued right now?
TFI TAB Gida Yatirimlari AS (TFIG) has a current Goodwill of $11.32 Mil. The current Goodwill is $11.32 Mil. 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 TFI TAB Gida Yatirimlari AS (TFIG), the current Goodwill is $11.32 Mil as of Dec. 2016. 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.

TFI TAB Gida Yatirimlari AS Business Description

Comparable Companies
Address Dikilitas Mah. Emirhan Cad, No:109 Atakule Besiktas, Istanbul, TUR
TFI TAB Gida Yatirimlari AS acts as a restaurant operator. The company operates a broad range of quick service restaurants, (QSRs), mainly in Turkey and China. It provides a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian/pizza, and Turkish QSRs. The company operates more than 600 Burger King restaurants in Turkey. It acts as a franchisee of Popeyes, Arby's and Sbarro. It has developed its own fast food brand Usta Dönerci in Turkey. The company operates its restaurant in three channels namely mall, street in-line, and freestanding and airport. It operates through Quick service restaurants segment, Ecosystem, and Other segment. The majority of the company's revenue comes from Turkey.