Casey's General Stores (FRA:CS2) Goodwill-to-Asset: 0.14 (As of Apr. 2026)

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FRA:CS2 Casey's General Stores Inc FRA:CS2
78 GF Score
Price €762.00
GF Value €430.69
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Casey's General Stores Goodwill-to-Asset?

Casey's General Stores FRA:CS2 +2.64% 78 Goodwill-to-Asset is 0.14 as of Apr. 2026. GuruFocus rates FRA:CS2 with a GF Score™ of 78/100 and a GF Value™ of €430.69 (Significantly Overvalued). The stock has 6 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. Casey's General Stores's Goodwill for the quarter that ended in Apr. 2026 was €1,085 Mil. Casey's General Stores's Total Assets for the quarter that ended in Apr. 2026 was €7,640 Mil. Therefore, Casey's General Stores's Goodwill to Asset Ratio for the quarter that ended in Apr. 2026 was 0.14.


Casey's General Stores  (FRA:CS2) 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.


Casey's General Stores Goodwill-to-Asset Related Terms


Casey's General Stores Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Casey's General Stores'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.

Casey's General Stores Goodwill-to-Asset Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.15 0.14

Casey's General Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.15 0.15 0.15 0.15 0.14

FRA:CS2 vs WSM, DKS, ULTA: Goodwill-to-Asset Comparison

For the Specialty Retail subindustry, Casey's General Stores'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.


Casey's General Stores Goodwill-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's Goodwill-to-Asset falls into.


FRA:CS2
78GF Score
Casey's General Stores Inc FRA:CS2
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Casey's General Stores 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.

Casey's General Stores's Goodwill to Asset Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Goodwill to Asset (A: Apr. 2026 )=Goodwill/Total Assets
=1084.727/7640.327
=0.14

Casey's General Stores's Goodwill to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Goodwill to Asset (Q: Apr. 2026 )=Goodwill/Total Assets
=1084.727/7640.327
=0.14

* 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 0.14 mean?
Casey's General Stores (FRA:CS2) has a Goodwill-to-Asset of 0.14 as of Apr. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Casey's General Stores and its competitors.
Is Casey's General Stores' Goodwill-to-Asset too high?
Casey's General Stores' current Goodwill-to-Asset is 0.14. Overall, Casey's General Stores has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Goodwill-to-Asset compare to WSM and DKS?
Casey's General Stores' Goodwill-to-Asset of 0.14 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill-to-Asset depends on the Retail - Cyclical 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 Casey's General Stores and its competitors. Casey's General Stores's current Goodwill-to-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (FRA:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €430.69, compared to a current price of €762.00 — trading 76.9% above its estimated fair value. The current Goodwill-to-Asset is 0.14. Casey's General Stores' overall GF Score™ is 78/100 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 Casey's General Stores (FRA:CS2), the current Goodwill-to-Asset is 0.14 as of Apr. 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 Casey's General Stores (FRA:CS2) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of €762.00 is trading 76.9% above its estimated GF Value™ of €430.69. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for FRA:CS2:

  • Goodwill-to-Asset: 0.14
  • GF Value™: €430.69 vs. price of €762.00 (76.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the FRA:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casey's General Stores Business Description

Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
78GF Score

Get the complete analysis for FRA:CS2

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

€762.00
Price
€430.69
GF Value