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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Daiwa Securities Group's Goodwill for the quarter that ended in Mar. 2026 was $101 Mil. Daiwa Securities Group's Total Assets for the quarter that ended in Mar. 2026 was $239,961 Mil.
Therefore, Daiwa Securities Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.
Daiwa Securities Group (OTCPK:DSECF) 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.
Daiwa Securities Group Goodwill-to-Asset Related Terms
Daiwa Securities Group Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Daiwa Securities Group'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.
DSECF vs MS, GS, SCHW: Goodwill-to-Asset Comparison
For the Capital Markets subindustry, Daiwa Securities Group'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.
Daiwa Securities Group Goodwill-to-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Group'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.
Daiwa Securities Group (DSECF) 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 Daiwa Securities Group and its competitors.
Is Daiwa Securities Group's Goodwill-to-Asset too high?
Daiwa Securities Group's current Goodwill-to-Asset is 0.00. Overall, Daiwa Securities Group has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Goodwill-to-Asset compare to MS and GS?
Daiwa Securities Group's Goodwill-to-Asset of 0.00 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill-to-Asset depends on the Capital Markets 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 Daiwa Securities Group and its competitors. Daiwa Securities Group'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 Daiwa Securities Group stock overvalued right now?
Daiwa Securities Group (DSECF) has a current Goodwill-to-Asset of 0.00. The stock's GF Value™ is $9.02, compared to a current price of $9.69 — trading 7.4% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Daiwa Securities Group's overall GF Score™ is 65/100 with 6 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 Daiwa Securities Group (DSECF), 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 7.4% above its estimated GF Value™ of $9.02.
Key valuation signals for DSECF:
Goodwill-to-Asset: 0.00
GF Value™: $9.02 vs. price of $9.69 (7.4% above fair value)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
65GF Score
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