Excite Holdings Co (TSE:5571) Goodwill: 円3,011 Mil (As of Mar. 2026)

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TSE:5571 Excite Holdings Co Ltd TSE:5571
72 GF Score
Price 円976.00
GF Value 円1,375.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Excite Holdings Co Goodwill?

Excite Holdings Co TSE:5571 -1.41% 72 Goodwill is 円3,011 Mil as of Mar. 2026. GuruFocus rates TSE:5571 with a GF Score™ of 72/100 and a GF Value™ of 円1,375.54 (Modestly Undervalued). The stock has 5 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. Excite Holdings Co's goodwill for the quarter that ended in Mar. 2026 was 円3,011 Mil.


Excite Holdings Co  (TSE:5571) 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.

Excite Holdings Co'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
=3011.167/11055.795
=0.27

Excite Holdings Co'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
=3011.167/11055.795
=0.27

* 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.


Excite Holdings Co Goodwill Related Terms


Excite Holdings Co Goodwill Historical Data

* Premium members only.

The historical data trend for Excite Holdings 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.

Excite Holdings Co Goodwill Chart

Excite Holdings Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial 607.26 570.64 831.52 3,258.35 3,011.17

Excite Holdings Co Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only 831.52 833.59 3,258.35 3,232.75 3,011.17
TSE:5571
72GF Score
Excite Holdings Co Ltd TSE:5571
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Excite Holdings 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3,011 Mil mean?
Excite Holdings Co (TSE:5571) has a Goodwill of 円3,011 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 Excite Holdings Co and its competitors.
Is Excite Holdings Co's Goodwill too high?
Excite Holdings Co's current Goodwill is 円3,011 Mil. Overall, Excite Holdings Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excite Holdings Co's Goodwill compare to UBER and SHOP?
Excite Holdings Co's Goodwill of 円3,011 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 Excite Holdings Co and its competitors. Excite Holdings Co's current Goodwill is 円3,011 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excite Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Excite Holdings Co (TSE:5571) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,375.54, compared to a current price of 円976.00 — trading 29% below its estimated fair value. The current Goodwill is 円3,011 Mil. Excite Holdings Co's overall GF Score™ is 72/100 with 5 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 Excite Holdings Co (TSE:5571), the current Goodwill is 円3,011 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 Excite Holdings Co (TSE:5571) Overvalued in 2026?

Based on GuruFocus' analysis, Excite Holdings Co stock appears to be undervalued. The current stock price of 円976.00 is trading 29% below its estimated GF Value™ of 円1,375.54. GuruFocus considers Excite Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:5571:

  • Goodwill: 円3,011 Mil
  • GF Value™: 円1,375.54 vs. price of 円976.00 (29% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the TSE:5571 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excite Holdings Co Business Description

Address 3-20-1 Minamiazabu, Daiwa Azabu Terrace 4th Floor, Minato-ku, Tokyo, JPN, 106-0047
Excite Holdings Co Ltd is engaged in the business management and related operations of group companies, platform business, broadband business, and SaaS/DX Business.
72GF Score

Get the complete analysis for TSE:5571

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

円976.00
Price
円1,375.54
GF Value