Calfrac Well Services (TSX:CFW) Goodwill: C$0 Mil (As of Mar. 2026)


TSX:CFW Calfrac Well Services Ltd TSX:CFW
49 GF Score
Price C$6.50
GF Value C$2.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Calfrac Well Services Goodwill?

Calfrac Well Services TSX:CFW -1.07% 49 Goodwill is C$0 Mil as of Mar. 2026. GuruFocus rates TSX:CFW with a GF Score™ of 49/100 and a GF Value™ of C$2.98 (Significantly Overvalued). 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. Calfrac Well Services's goodwill for the quarter that ended in Mar. 2026 was C$0 Mil.


Calfrac Well Services  (TSX:CFW) 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.

Calfrac Well Services's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/1047.199
=0.00

Calfrac Well Services'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
=0/1082.32
=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.


Calfrac Well Services Goodwill Related Terms


Calfrac Well Services Goodwill Historical Data

* Premium members only.

The historical data trend for Calfrac Well Services'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.

Calfrac Well Services Goodwill Chart

Calfrac Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Calfrac Well Services 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 0.00 0.00 0.00 0.00 0.00
TSX:CFW
49GF Score
Calfrac Well Services Ltd TSX:CFW
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Calfrac Well Services 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 C$0 Mil mean?
Calfrac Well Services (TSX:CFW) has a Goodwill of C$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 Calfrac Well Services and its competitors.
Is Calfrac Well Services' Goodwill too high?
Calfrac Well Services' current Goodwill is C$0 Mil. Overall, Calfrac Well Services has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calfrac Well Services' Goodwill compare to SLB and BKR?
Calfrac Well Services' Goodwill of C$0 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Goodwill depends on the Oil & Gas 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 Calfrac Well Services and its competitors. Calfrac Well Services's current Goodwill is C$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calfrac Well Services stock overvalued right now?
Based on GuruFocus' analysis, Calfrac Well Services (TSX:CFW) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.98, compared to a current price of C$6.50 — trading 118.1% above its estimated fair value. The current Goodwill is C$0 Mil. Calfrac Well Services' overall GF Score™ is 49/100 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 Calfrac Well Services (TSX:CFW), the current Goodwill is C$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 Calfrac Well Services (TSX:CFW) Overvalued in 2026?

Based on GuruFocus' analysis, Calfrac Well Services stock appears to be overvalued. The current stock price of C$6.50 is trading 118.1% above its estimated GF Value™ of C$2.98. GuruFocus considers Calfrac Well Services to be Significantly Overvalued.

Key valuation signals for TSX:CFW:

  • Goodwill: C$0 Mil
  • GF Value™: C$2.98 vs. price of C$6.50 (118.1% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Calfrac Well Services Business Description

Industry EnergyOil & Gas
Other Exchanges CFWFF:USA5CFA:Germany
Address 407 - 8th Avenue SW, Suite 601, Calgary, AB, CAN, T2P 1E5
Calfrac Well Services Ltd is an independent provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and wireline services for the oil and natural gas industries in the United States, Canada, and Argentina. The company operates through two main segments. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin in North Dakota, as well as the broader Rockies region. The Argentina segment, which generates the highest revenue, offers fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas companies operating in the Neuquen and Comodoro Rivadavia regions.
49GF Score

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

C$6.50
Price
C$2.98
GF Value