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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tpi Polene PCL's Goodwill for the quarter that ended in Jun. 2026 was ฿0 Mil. Tpi Polene PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿163,146 Mil.
Therefore, Tpi Polene PCL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
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.
Tpi Polene PCL Goodwill-to-Asset Related Terms
Tpi Polene PCL Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Tpi Polene PCL'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.
BKK:TPIPL vs CRH, VMC, MLM: Goodwill-to-Asset Comparison
For the Building Materials subindustry, Tpi Polene PCL'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.
Tpi Polene PCL Goodwill-to-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Tpi Polene PCL's Goodwill-to-Asset falls into.
* 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.
Tpi Polene PCL (BKK:TPIPL) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Tpi Polene PCL and its competitors.
Is Tpi Polene PCL's Goodwill-to-Asset too high?
Tpi Polene PCL's current Goodwill-to-Asset is 0.00. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Goodwill-to-Asset compare to CRH and VMC?
Tpi Polene PCL's Goodwill-to-Asset of 0.00 can be compared against companies in the Building Materials 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 Building Materials company?
A good Goodwill-to-Asset depends on the Building Materials 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 Tpi Polene PCL and its competitors. Tpi Polene PCL's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.02, compared to a current price of ฿0.92 — trading 9.8% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Tpi Polene PCL's overall GF Score™ is 70/100 with 12 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 Tpi Polene PCL (BKK:TPIPL), the current Goodwill-to-Asset is 0.00 as of Jun. 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.92 is trading 9.8% below its estimated GF Value™ of ฿1.02.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
Goodwill-to-Asset: 0.00
GF Value™: ฿1.02 vs. price of ฿0.92 (9.8% below fair value)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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