Formula Systems (1985) (FRA:FSY) Goodwill-to-Asset: (As of Jun. 2026)

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FRA:FSY Formula Systems (1985) Ltd FRA:FSY
68 GF Score
Price €98.00
GF Value €88.29
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Formula Systems (1985) Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Formula Systems (1985)'s Goodwill for the quarter that ended in Jun. 2026 was € Mil. Formula Systems (1985)'s Total Assets for the quarter that ended in Jun. 2026 was €3,067 Mil. Therefore, Formula Systems (1985)'s Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was .


Formula Systems (1985)  (FRA:FSY) 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.


Formula Systems (1985) Goodwill-to-Asset Related Terms


Formula Systems (1985) Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Formula Systems (1985)'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.

Formula Systems (1985) Goodwill-to-Asset Chart

Formula Systems (1985) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.33 0.33 0.32 0.18

Formula Systems (1985) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.18 0.00 -

FRA:FSY vs IBM, ACN, CTSH: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, Formula Systems (1985)'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.


Formula Systems (1985) Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s Goodwill-to-Asset falls into.


FRA:FSY
68GF Score
Formula Systems (1985) Ltd FRA:FSY
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formula Systems (1985) 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.

Formula Systems (1985)'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
=550.25188006442/3051.0083675958
=0.18

Formula Systems (1985)'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
=/3066.5436115369
=0.00

* 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.

Is Formula Systems (1985) (FRA:FSY) Overvalued in 2026?

Based on GuruFocus' analysis, Formula Systems (1985) stock appears to be overvalued. The current stock price of €98.00 is trading 11% above its estimated GF Value™ of €88.29. GuruFocus considers Formula Systems (1985) to be Modestly Overvalued.

Key valuation signals for FRA:FSY:

  • Goodwill-to-Asset:
  • GF Value™: €88.29 vs. price of €98.00 (11% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Formula Systems (1985) Business Description

Other Exchanges FORTY:USAFORTY:Israel
Address Terminal Center, 1 Yahadut Canada Street, Or Yehuda, Tel Aviv, ISR, 6037501
Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
68GF Score

Get the complete analysis for FRA:FSY

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

€98.00
Price
€88.29
GF Value