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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. NTG Nordic Transport Group AS's Goodwill for the quarter that ended in Jun. 2026 was kr2,780 Mil. NTG Nordic Transport Group AS's Total Assets for the quarter that ended in Jun. 2026 was kr6,922 Mil.
Therefore, NTG Nordic Transport Group AS's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.40.
NTG Nordic Transport Group AS (CHIX:NTGc) 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.
NTG Nordic Transport Group AS Goodwill-to-Asset Related Terms
NTG Nordic Transport Group AS Goodwill-to-Asset Historical Data
* 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.
NTG Nordic Transport Group AS Goodwill-to-Asset Chart
CHIX:NTGC vs UPS, FDX, JBHT: Goodwill-to-Asset Comparison
For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group AS'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.
NTG Nordic Transport Group AS Goodwill-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where NTG Nordic Transport Group AS'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.
NTG Nordic Transport Group AS (CHIX:NTGC) has a Goodwill-to-Asset of 0.40 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on NTG Nordic Transport Group AS and its competitors.
Is NTG Nordic Transport Group AS's Goodwill-to-Asset too high?
NTG Nordic Transport Group AS's current Goodwill-to-Asset is 0.40. Overall, NTG Nordic Transport Group AS has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Goodwill-to-Asset compare to UPS and FDX?
NTG Nordic Transport Group AS's Goodwill-to-Asset of 0.40 can be compared against companies in the Transportation 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 Transportation company?
A good Goodwill-to-Asset depends on the Transportation 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 NTG Nordic Transport Group AS and its competitors. NTG Nordic Transport Group AS's current Goodwill-to-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS (CHIX:NTGC) is currently considered Fairly Valued. The stock's GF Value™ is kr295.30, compared to a current price of kr277.00 — trading 6.2% below its estimated fair value. The current Goodwill-to-Asset is 0.40. NTG Nordic Transport Group AS's overall GF Score™ is 72/100 with 7 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 NTG Nordic Transport Group AS (CHIX:NTGC), the current Goodwill-to-Asset is 0.40 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 NTG Nordic Transport Group AS (CHIX:NTGC) Overvalued in 2026?
Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued.
The current stock price of kr277.00 is trading 6.2% below its estimated GF Value™ of kr295.30.
GuruFocus considers NTG Nordic Transport Group AS to be Fairly Valued.
Key valuation signals for CHIX:NTGC:
Goodwill-to-Asset: 0.40
GF Value™: kr295.30 vs. price of kr277.00 (6.2% below fair value)
No single metric tells the full story. See the CHIX:NTGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
72GF Score
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