AltPlus (TSE:3672) Goodwill: 円0 Mil (As of Mar. 2026)


TSE:3672 AltPlus Inc TSE:3672
48 GF Score
Price 円28.00
GF Value 円23.24
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AltPlus Goodwill?

AltPlus TSE:3672 +3.70% 48 Goodwill is 円0 Mil as of Mar. 2026. GuruFocus rates TSE:3672 with a GF Score™ of 48/100 and a GF Value™ of 円23.24 (Modestly Overvalued). The stock has 7 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. AltPlus's goodwill for the quarter that ended in Mar. 2026 was 円0 Mil.


AltPlus  (TSE:3672) 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.

AltPlus's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Goodwill-to-Asset (A: Sep. 2025 )=Goodwill/Total Assets
=0/1746.749
=0.00

AltPlus'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
=0/2057.48
=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.


AltPlus Goodwill Related Terms


AltPlus Goodwill Historical Data

* Premium members only.

The historical data trend for AltPlus'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.

AltPlus Goodwill Chart

AltPlus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AltPlus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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
TSE:3672
48GF Score
AltPlus Inc TSE:3672
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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AltPlus 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0 Mil mean?
AltPlus (TSE:3672) has a Goodwill of 円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 AltPlus and its competitors.
Is AltPlus' Goodwill too high?
AltPlus' current Goodwill is 円0 Mil. Overall, AltPlus has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltPlus' Goodwill compare to NTES and EA?
AltPlus' Goodwill of 円0 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Goodwill depends on the Interactive Media 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 AltPlus and its competitors. AltPlus's current Goodwill is 円0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltPlus stock overvalued right now?
Based on GuruFocus' analysis, AltPlus (TSE:3672) is currently considered Modestly Overvalued. The stock's GF Value™ is 円23.24, compared to a current price of 円28.00 — trading 20.5% above its estimated fair value. The current Goodwill is 円0 Mil. AltPlus' overall GF Score™ is 48/100 with 7 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 AltPlus (TSE:3672), the current Goodwill is 円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 AltPlus (TSE:3672) Overvalued in 2026?

Based on GuruFocus' analysis, AltPlus stock appears to be overvalued. The current stock price of 円28.00 is trading 20.5% above its estimated GF Value™ of 円23.24. GuruFocus considers AltPlus to be Modestly Overvalued.

Key valuation signals for TSE:3672:

  • Goodwill: 円0 Mil
  • GF Value™: 円23.24 vs. price of 円28.00 (20.5% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the TSE:3672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AltPlus Business Description

Address 3-12-18, South Building 9 Floor, Shibuya Tokyu Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
AltPlus Inc is engaged in the planning, development, and direction of social games.
48GF Score

Get the complete analysis for TSE:3672

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

円28.00
Price
円23.24
GF Value