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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Bank of Africa's Goodwill for the quarter that ended in Mar. 2026 was MAD1,018 Mil. Bank of Africa's Total Assets for the quarter that ended in Mar. 2026 was MAD458,206 Mil.
Therefore, Bank of Africa's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.
Bank of Africa (CAS:BOA) 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.
Bank of Africa Goodwill-to-Asset Related Terms
Bank of Africa Goodwill-to-Asset Historical Data
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The historical data trend for Bank of 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.
CAS:BOA vs JPM, BAC, WFC: Goodwill-to-Asset Comparison
For the Banks - Diversified subindustry, Bank of 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.
Bank of Africa Goodwill-to-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Africa's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Bank of Africa'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.
Bank of Africa (CAS:BOA) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Bank of Africa and its competitors.
Is Bank of Africa's Goodwill-to-Asset too high?
Bank of Africa's current Goodwill-to-Asset is 0.00. Overall, Bank of Africa has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Africa's Goodwill-to-Asset compare to JPM and BAC?
Bank of Africa's Goodwill-to-Asset of 0.00 can be compared against companies in the Banks 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 Banks company?
A good Goodwill-to-Asset depends on the Banks 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 Bank of Africa and its competitors. Bank of Africa'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 Bank of Africa stock overvalued right now?
Based on GuruFocus' analysis, Bank of Africa (CAS:BOA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD224.73, compared to a current price of MAD189.10 — trading 15.9% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Bank of Africa's overall GF Score™ is 45/100 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 Bank of Africa (CAS:BOA), the current Goodwill-to-Asset is 0.00 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 Bank of Africa (CAS:BOA) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Africa stock appears to be undervalued.
The current stock price of MAD189.10 is trading 15.9% below its estimated GF Value™ of MAD224.73.
GuruFocus considers Bank of Africa to be Modestly Undervalued.
Key valuation signals for CAS:BOA:
Goodwill-to-Asset: 0.00
GF Value™: MAD224.73 vs. price of MAD189.10 (15.9% below fair value)
No single metric tells the full story. See the CAS:BOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Africa is a commercial bank operating in Morocco and multiple African countries, with additional offices in Europe, China, and Canada. It provides financial services to individuals, businesses, and public institutions, including banking, insurance, asset management, leasing, and investment services. Its offerings include accounts, cards, loans, and savings products. The bank operates through a network of subsidiaries and focuses on expanding its services to small and medium-sized enterprises and developing digital banking channels across its markets.
45GF 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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