Art Games Studio (WAR:ARG) Goodwill: zł0.00 Mil (As of Mar. 2026)

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WAR:ARG Art Games Studio SA WAR:ARG
57 GF Score
Price zł0.49
GF Value zł0.69
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Art Games Studio Goodwill?

Art Games Studio WAR:ARG +3.40% 57 Goodwill is zł0.00 Mil as of Mar. 2026. GuruFocus rates WAR:ARG with a GF Score™ of 57/100 and a GF Value™ of zł0.69 (Significantly Undervalued). The stock has 3 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. Art Games Studio's goodwill for the quarter that ended in Mar. 2026 was zł0.00 Mil.


Art Games Studio  (WAR:ARG) 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.

Art Games Studio'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
=0/0.798
=0.00

Art Games Studio'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
=0/0.793
=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.


Art Games Studio Goodwill Related Terms


Art Games Studio Goodwill Historical Data

* Premium members only.

The historical data trend for Art Games Studio'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.

Art Games Studio Goodwill Chart

Art Games Studio Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
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Art Games Studio 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
WAR:ARG
57GF Score
Art Games Studio SA WAR:ARG
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Art Games Studio 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 zł0.00 Mil mean?
Art Games Studio (WAR:ARG) has a Goodwill of zł0.00 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 Art Games Studio and its competitors.
Is Art Games Studio's Goodwill too high?
Art Games Studio's current Goodwill is zł0.00 Mil. Overall, Art Games Studio has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Art Games Studio's Goodwill compare to NTES and EA?
Art Games Studio's Goodwill of zł0.00 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 Art Games Studio and its competitors. Art Games Studio's current Goodwill is zł0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Games Studio stock overvalued right now?
Based on GuruFocus' analysis, Art Games Studio (WAR:ARG) is currently considered Significantly Undervalued. The stock's GF Value™ is zł0.69, compared to a current price of zł0.49 — trading 29.6% below its estimated fair value. The current Goodwill is zł0.00 Mil. Art Games Studio's overall GF Score™ is 57/100 with 3 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 Art Games Studio (WAR:ARG), the current Goodwill is zł0.00 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 Art Games Studio (WAR:ARG) Overvalued in 2026?

Based on GuruFocus' analysis, Art Games Studio stock appears to be undervalued. The current stock price of zł0.49 is trading 29.6% below its estimated GF Value™ of zł0.69. GuruFocus considers Art Games Studio to be Significantly Undervalued.

Key valuation signals for WAR:ARG:

  • Goodwill: zł0.00 Mil
  • GF Value™: zł0.69 vs. price of zł0.49 (29.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Art Games Studio Business Description

Address ul. Powazkowska 15, Warsaw, POL, 01-797
Art Games Studio SA is a Poland-based company that operates in the video games market, specializing in the production and distribution of desktop games. The group has developed games such as Earthworms, Bad Dream: Fever, and Escape Doodland for sale. The company has made games available for IOS, Android, and other types of consoles.
57GF Score

Get the complete analysis for WAR:ARG

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

zł0.49
Price
zł0.69
GF Value