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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Daido Steel Co's Goodwill for the quarter that ended in Mar. 2026 was $0 Mil. Daido Steel Co's Total Assets for the quarter that ended in Mar. 2026 was $5,397 Mil.
Therefore, Daido Steel Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.
Daido Steel Co (OTCPK:DAIDF) 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.
Daido Steel Co Goodwill-to-Asset Related Terms
Daido Steel Co Goodwill-to-Asset Historical Data
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The historical data trend for Daido Steel Co'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.
DAIDF vs NUE, STLD, RS: Goodwill-to-Asset Comparison
For the Steel subindustry, Daido Steel Co'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.
Daido Steel Co Goodwill-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Daido Steel Co's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Daido Steel Co'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.
Daido Steel Co (DAIDF) 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 Daido Steel Co and its competitors.
Is Daido Steel Co's Goodwill-to-Asset too high?
Daido Steel Co's current Goodwill-to-Asset is 0.00. Overall, Daido Steel Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Daido Steel Co's Goodwill-to-Asset compare to NUE and STLD?
Daido Steel Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Steel 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 Steel company?
A good Goodwill-to-Asset depends on the Steel 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 Daido Steel Co and its competitors. Daido Steel Co'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 Daido Steel Co stock overvalued right now?
Daido Steel Co (DAIDF) has a current Goodwill-to-Asset of 0.00. The stock's GF Value™ is $7.34, compared to a current price of $11.70 — trading 59.4% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Daido Steel Co's overall GF Score™ is 75/100 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 Daido Steel Co (DAIDF), 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 Daido Steel Co (DAIDF) Overvalued in 2026?
Based on GuruFocus' analysis, Daido Steel Co stock appears to be overvalued.
The current stock price of $11.70 is trading 59.4% above its estimated GF Value™ of $7.34.
Key valuation signals for DAIDF:
Goodwill-to-Asset: 0.00
GF Value™: $7.34 vs. price of $11.70 (59.4% above fair value)
No single metric tells the full story. See the DAIDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.
75GF 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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