AARTY (Airtel Africa) Goodwill-to-Asset: 0.23 (As of Mar. 2026)

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AARTY Airtel Africa PLC AARTY
65 GF Score
Price $46.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Airtel Africa Goodwill-to-Asset?

Airtel Africa AARTY +0.54% 65 Goodwill-to-Asset is 0.23 as of Mar. 2026. GuruFocus rates AARTY with a GF Score™ of 65/100 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Airtel Africa's Goodwill for the quarter that ended in Mar. 2026 was $3,238 Mil. Airtel Africa's Total Assets for the quarter that ended in Mar. 2026 was $13,963 Mil. Therefore, Airtel Africa's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.23.


Airtel Africa  (OTCPK:AARTY) Goodwill-to-Asset Explanation

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.


Airtel Africa Goodwill-to-Asset Related Terms


Airtel Africa Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Airtel Africa's Goodwill-to-Asset 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.

Airtel Africa Goodwill-to-Asset Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.32 0.26 0.25 0.23

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset 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 0.25 0.25 0.24 0.24 0.23

AARTY vs VZ, TMUS, T: Goodwill-to-Asset Comparison

For the Telecom Services subindustry, Airtel Africa's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Airtel Africa Goodwill-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Airtel Africa's Goodwill-to-Asset falls into.


AARTY
65GF Score
Airtel Africa PLC AARTY
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtel Africa Goodwill-to-Asset Calculation

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.

Airtel Africa'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
=3238/13963
=0.23

Airtel Africa'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
=3238/13963
=0.23

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.23 mean?
Airtel Africa (AARTY) has a Goodwill-to-Asset of 0.23 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Airtel Africa and its competitors.
Is Airtel Africa's Goodwill-to-Asset too high?
Airtel Africa's current Goodwill-to-Asset is 0.23. Overall, Airtel Africa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Goodwill-to-Asset compare to VZ and TMUS?
Airtel Africa's Goodwill-to-Asset of 0.23 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Telecommunication Services company?
A good Goodwill-to-Asset depends on the Telecommunication Services industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Airtel Africa and its competitors. Airtel Africa's current Goodwill-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Based on GuruFocus' analysis, Airtel Africa (AARTY) is currently considered Significantly Overvalued. The current Goodwill-to-Asset is 0.23. Airtel Africa's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Airtel Africa (AARTY), the current Goodwill-to-Asset is 0.23 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
65GF Score

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$46.21
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