BHTLF (Bechtle AG) Goodwill-to-Asset: 0.22 (As of Mar. 2026)

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BHTLF Bechtle AG BHTLF
79 GF Score
Price $46.95
GF Value $60.96
! 2 Warning Signs
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What is Bechtle AG Goodwill-to-Asset?

Bechtle AG BHTLF 79 Goodwill-to-Asset is 0.22 as of Mar. 2026. GuruFocus rates BHTLF with a GF Score™ of 79/100 and a GF Value™ of $60.96. The stock has 2 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. Bechtle AG's Goodwill for the quarter that ended in Mar. 2026 was $1,174 Mil. Bechtle AG's Total Assets for the quarter that ended in Mar. 2026 was $5,331 Mil. Therefore, Bechtle AG's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.22.


Bechtle AG  (OTCPK:BHTLF) 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.


Bechtle AG Goodwill-to-Asset Related Terms


Bechtle AG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Bechtle AG'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.

Bechtle AG Goodwill-to-Asset Chart

Bechtle AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.19 0.20 0.22

Bechtle AG 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 0.21 0.21 0.23 0.22 0.22

BHTLF vs IBM, ACN, FISV: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, Bechtle AG'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.


Bechtle AG Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Bechtle AG's Goodwill-to-Asset distribution charts can be found below:

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


BHTLF
79GF Score
Bechtle AG BHTLF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Bechtle AG 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.

Bechtle AG'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
=1152.064/5356.739
=0.22

Bechtle AG'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
=1173.875/5330.82
=0.22

* 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 0.22 mean?
Bechtle AG (BHTLF) has a Goodwill-to-Asset of 0.22 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Bechtle AG and its competitors.
Is Bechtle AG's Goodwill-to-Asset too high?
Bechtle AG's current Goodwill-to-Asset is 0.22. Overall, Bechtle AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's Goodwill-to-Asset compare to IBM and ACN?
Bechtle AG's Goodwill-to-Asset of 0.22 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-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software 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 Bechtle AG and its competitors. Bechtle AG's current Goodwill-to-Asset is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Bechtle AG (BHTLF) has a current Goodwill-to-Asset of 0.22. The stock's GF Value™ is $60.96, compared to a current price of $46.95 — trading 23% below its estimated fair value. The current Goodwill-to-Asset is 0.22. Bechtle AG's overall GF Score™ is 79/100 with 2 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 Bechtle AG (BHTLF), the current Goodwill-to-Asset is 0.22 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 Bechtle AG (BHTLF) Overvalued in 2026?

Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued. The current stock price of $46.95 is trading 23% below its estimated GF Value™ of $60.96.

Key valuation signals for BHTLF:

  • Goodwill-to-Asset: 0.22
  • GF Value™: $60.96 vs. price of $46.95 (23% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Bechtle AG Business Description

Address Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
79GF Score

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

$46.95
Price
$60.96
GF Value