Evolution AB (CHIX:EVOS) Goodwill-to-Asset: 0.43 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:EVOS Evolution AB CHIX:EVOS
89 GF Score
Price kr751.20
GF Value kr918.22
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Evolution AB Goodwill-to-Asset?

Evolution AB CHIX:EVOS 89 Goodwill-to-Asset is 0.43 as of Jun. 2026. GuruFocus rates CHIX:EVOS with a GF Score™ of 89/100 and a GF Value™ of kr918.22 (Modestly Undervalued). 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. Evolution AB's Goodwill for the quarter that ended in Jun. 2026 was kr25,619 Mil. Evolution AB's Total Assets for the quarter that ended in Jun. 2026 was kr59,972 Mil. Therefore, Evolution AB's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.43.


Evolution AB  (CHIX:EVOs) 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.


Evolution AB Goodwill-to-Asset Related Terms


Evolution AB Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Evolution AB'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.

Evolution AB Goodwill-to-Asset Chart

Evolution AB 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 0.56 0.53 0.47 0.43 0.43

Evolution AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.47 0.45 0.43 0.40 0.43

CHIX:EVOS vs FLUT, DKNG, SGHC: Goodwill-to-Asset Comparison

For the Gambling subindustry, Evolution AB'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.


Evolution AB Goodwill-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Goodwill-to-Asset distribution charts can be found below:

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


CHIX:EVOS
89GF Score
Evolution AB CHIX:EVOS
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution AB 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.

Evolution AB'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
=25792.771/60089.845
=0.43

Evolution AB's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=25619.256/59971.603
=0.43

* 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 0.43 mean?
Evolution AB (CHIX:EVOS) has a Goodwill-to-Asset of 0.43 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Evolution AB and its competitors.
Is Evolution AB's Goodwill-to-Asset too high?
Evolution AB's current Goodwill-to-Asset is 0.43. Overall, Evolution AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Goodwill-to-Asset compare to FLUT and DKNG?
Evolution AB's Goodwill-to-Asset of 0.43 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Goodwill-to-Asset depends on the Travel & Leisure 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 Evolution AB and its competitors. Evolution AB's current Goodwill-to-Asset is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr918.22, compared to a current price of kr751.20 — trading 18.2% below its estimated fair value. The current Goodwill-to-Asset is 0.43. Evolution AB's overall GF Score™ is 89/100 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 Evolution AB (CHIX:EVOS), the current Goodwill-to-Asset is 0.43 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of kr751.20 is trading 18.2% below its estimated GF Value™ of kr918.22. GuruFocus considers Evolution AB to be Modestly Undervalued.

Key valuation signals for CHIX:EVOS:

  • Goodwill-to-Asset: 0.43
  • GF Value™: kr918.22 vs. price of kr751.20 (18.2% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
89GF Score

Get the complete analysis for CHIX:EVOS

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

kr751.20
Price
kr918.22
GF Value