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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Stockholm Nordtech Group AB's Goodwill for the quarter that ended in Dec. 2025 was €82.30 Mil. Stockholm Nordtech Group AB's Total Assets for the quarter that ended in Dec. 2025 was €170.73 Mil.
Therefore, Stockholm Nordtech Group AB's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.48.
Stockholm Nordtech Group AB (FRA:GD2) 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.
Stockholm Nordtech Group AB Goodwill-to-Asset Related Terms
Stockholm Nordtech Group AB Goodwill-to-Asset Historical Data
* 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.
Stockholm Nordtech Group AB Goodwill-to-Asset Chart
Stockholm Nordtech Group AB Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Goodwill-to-Asset
0.40
0.44
0.47
0.48
Stockholm Nordtech Group AB Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Goodwill-to-Asset
0.40
0.44
0.47
0.48
FRA:GD2 vs MSFT, ORCL, PLTR: Goodwill-to-Asset Comparison
For the Software - Infrastructure subindustry, Stockholm Nordtech Group AB'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.
Stockholm Nordtech Group AB Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, Stockholm Nordtech Group AB's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Stockholm Nordtech Group AB'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.
Stockholm Nordtech Group AB (FRA:GD2) has a Goodwill-to-Asset of 0.48 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Stockholm Nordtech Group AB and its competitors.
Is Stockholm Nordtech Group AB's Goodwill-to-Asset too high?
Stockholm Nordtech Group AB's current Goodwill-to-Asset is 0.48. Overall, Stockholm Nordtech Group AB has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Goodwill-to-Asset compare to MSFT and ORCL?
Stockholm Nordtech Group AB's Goodwill-to-Asset of 0.48 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 Stockholm Nordtech Group AB and its competitors. Stockholm Nordtech Group AB's current Goodwill-to-Asset is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Goodwill-to-Asset of 0.48. The current Goodwill-to-Asset is 0.48. Stockholm Nordtech Group AB's overall GF Score™ is 18/100 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 Stockholm Nordtech Group AB (FRA:GD2), the current Goodwill-to-Asset is 0.48 as of Dec. 2025. 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.
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
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