TSPCF (Cleanaway Waste Management) Goodwill: $0 Mil (As of Dec. 2025)


TSPCF Cleanaway Waste Management Ltd TSPCF
85 GF Score
Price $1.58
GF Value $2.27
Valuation Possible Value Trap
! 6 Warning Signs
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What is Cleanaway Waste Management Goodwill?

Cleanaway Waste Management TSPCF -4.53% 85 Goodwill is $0 Mil as of Dec. 2025. GuruFocus rates TSPCF with a GF Score™ of 85/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 6 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. Cleanaway Waste Management's goodwill for the quarter that ended in Dec. 2025 was $0 Mil.


Cleanaway Waste Management  (OTCPK:TSPCF) 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.

Cleanaway Waste Management's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (A: Jun. 2025 )=Goodwill/Total Assets
=1589.648/4282.682
=0.37

Cleanaway Waste Management's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=0/4735.415
=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.


Cleanaway Waste Management Goodwill Related Terms


Cleanaway Waste Management Goodwill Historical Data

* Premium members only.

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Goodwill Chart

Cleanaway Waste Management Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,415.67 1,662.83 1,619.06 1,621.32 1,589.65

Cleanaway Waste Management Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1,621.32 0.00 1,589.65 0.00
TSPCF
85GF Score
Cleanaway Waste Management Ltd TSPCF
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway Waste Management 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?
Cleanaway Waste Management (TSPCF) has a Goodwill of $0 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Cleanaway Waste Management and its competitors.
Is Cleanaway Waste Management's Goodwill too high?
Cleanaway Waste Management's current Goodwill is $0 Mil. Overall, Cleanaway Waste Management has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Waste Management's Goodwill compare to WM and RSG?
Cleanaway Waste Management's Goodwill of $0 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Goodwill depends on the Waste Management 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 Cleanaway Waste Management and its competitors. Cleanaway Waste Management'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 Cleanaway Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Waste Management (TSPCF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $1.58 — trading 30.4% below its estimated fair value. The current Goodwill is $0 Mil. Cleanaway Waste Management's overall GF Score™ is 85/100 with 6 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 Cleanaway Waste Management (TSPCF), the current Goodwill is $0 Mil as of Dec. 2025. 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 Cleanaway Waste Management (TSPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Waste Management stock appears to be undervalued. The current stock price of $1.58 is trading 30.4% below its estimated GF Value™ of $2.27. GuruFocus considers Cleanaway Waste Management to be Possible Value Trap.

Key valuation signals for TSPCF:

  • Goodwill: $0 Mil
  • GF Value™: $2.27 vs. price of $1.58 (30.4% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Cleanaway Waste Management Business Description

Other Exchanges TG9:GermanyCWY:Australia
Address No: 441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.
85GF Score

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

$1.58
Price
$2.27
GF Value