Azelis Group NV (FRA:2R7) Goodwill-to-Asset: 0.44 (As of Jun. 2026)

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FRA:2R7 Azelis Group NV FRA:2R7
81 GF Score
Price €12.18
GF Value €17.24
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Azelis Group NV Goodwill-to-Asset?

Azelis Group NV FRA:2R7 +0.74% 81 Goodwill-to-Asset is 0.44 as of Jun. 2026. GuruFocus rates FRA:2R7 with a GF Score™ of 81/100 and a GF Value™ of €17.24 (Modestly Undervalued). The stock has 9 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. Azelis Group NV's Goodwill for the quarter that ended in Jun. 2026 was €2,537 Mil. Azelis Group NV's Total Assets for the quarter that ended in Jun. 2026 was €5,717 Mil. Therefore, Azelis Group NV's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.44.


Azelis Group NV  (FRA:2R7) 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.


Azelis Group NV Goodwill-to-Asset Related Terms


Azelis Group NV Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Azelis Group NV'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.

Azelis Group NV Goodwill-to-Asset Chart

Azelis Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.45 0.44 0.43 0.44 0.46

Azelis Group NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.43 0.44 0.42 0.46 0.44

FRA:2R7 vs LIN, SHW, ECL: Goodwill-to-Asset Comparison

For the Specialty Chemicals subindustry, Azelis Group NV'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.


Azelis Group NV Goodwill-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Azelis Group NV's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Azelis Group NV's Goodwill-to-Asset falls into.


FRA:2R7
81GF Score
Azelis Group NV FRA:2R7
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Azelis Group NV 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.

Azelis Group NV'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
=2472.222/5406.675
=0.46

Azelis Group NV'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
=2537.342/5717.216
=0.44

* 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 0.44 mean?
Azelis Group NV (FRA:2R7) has a Goodwill-to-Asset of 0.44 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Azelis Group NV and its competitors.
Is Azelis Group NV's Goodwill-to-Asset too high?
Azelis Group NV's current Goodwill-to-Asset is 0.44. Overall, Azelis Group NV has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azelis Group NV's Goodwill-to-Asset compare to LIN and SHW?
Azelis Group NV's Goodwill-to-Asset of 0.44 can be compared against companies in the Chemicals 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 Chemicals company?
A good Goodwill-to-Asset depends on the Chemicals 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 Azelis Group NV and its competitors. Azelis Group NV's current Goodwill-to-Asset is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azelis Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azelis Group NV (FRA:2R7) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.24, compared to a current price of €12.18 — trading 29.4% below its estimated fair value. The current Goodwill-to-Asset is 0.44. Azelis Group NV's overall GF Score™ is 81/100 with 9 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 Azelis Group NV (FRA:2R7), the current Goodwill-to-Asset is 0.44 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 Azelis Group NV (FRA:2R7) Overvalued in 2026?

Based on GuruFocus' analysis, Azelis Group NV stock appears to be undervalued. The current stock price of €12.18 is trading 29.4% below its estimated GF Value™ of €17.24. GuruFocus considers Azelis Group NV to be Modestly Undervalued.

Key valuation signals for FRA:2R7:

  • Goodwill-to-Asset: 0.44
  • GF Value™: €17.24 vs. price of €12.18 (29.4% below fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the FRA:2R7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azelis Group NV Business Description

Address Posthofbrug 12, Box 6, Berchem, Antwerp, BEL, 2600
Azelis Group NV is an innovation service provider and distributor of speciality chemicals and food ingredients. The Group provides innovation services, multi-product formulations, technical and regulatory expertise, co-creation support, digital solutions, and supply chain services. It serves Food & Nutrition, Animal Nutrition, Personal Care, Home Care & Industrial Cleaning, Pharmaceuticals & Healthcare, Agriculture & Environmental Solutions, Flavours & Fragrances, and Nutraceuticals. The Group operates through four segments: EMEA, Americas, Asia Pacific, and Group holding & other, covering operating companies across Europe, the Middle East and Africa, the United States, Canada, Mexico and South America, Asia, and the Pacific region.
81GF Score

Get the complete analysis for FRA:2R7

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

€12.18
Price
€17.24
GF Value