Aveng (FRA:UG8) Goodwill-to-Asset: 0.01 (As of Jun. 2026)

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FRA:UG8 Aveng Ltd FRA:UG8
45 GF Score
Price €0.19
GF Value €0.23
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aveng Goodwill-to-Asset?

Aveng FRA:UG8 +0.54% 45 Goodwill-to-Asset is 0.01 as of Jun. 2026. GuruFocus rates FRA:UG8 with a GF Score™ of 45/100 and a GF Value™ of €0.23 (Modestly Undervalued). The stock has 3 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. Aveng's Goodwill for the quarter that ended in Jun. 2026 was €5 Mil. Aveng's Total Assets for the quarter that ended in Jun. 2026 was €576 Mil. Therefore, Aveng's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.01.


Aveng  (FRA:UG8) 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.


Aveng Goodwill-to-Asset Related Terms


Aveng Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Aveng'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.

Aveng Goodwill-to-Asset Chart

Aveng Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Aveng Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

FRA:UG8 vs PWR, FIX, EME: Goodwill-to-Asset Comparison

For the Engineering & Construction subindustry, Aveng'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.


Aveng Goodwill-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Aveng's Goodwill-to-Asset distribution charts can be found below:

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


FRA:UG8
45GF Score
Aveng Ltd FRA:UG8
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Aveng 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.

Aveng's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Goodwill to Asset (A: Jun. 2026 )=Goodwill/Total Assets
=4.8046979795329/575.61057430246
=0.01

Aveng'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
=4.8046979795329/575.61057430246
=0.01

* 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 0.01 mean?
Aveng (FRA:UG8) has a Goodwill-to-Asset of 0.01 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Aveng and its competitors.
Is Aveng's Goodwill-to-Asset too high?
Aveng's current Goodwill-to-Asset is 0.01. Overall, Aveng has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's Goodwill-to-Asset compare to PWR and FIX?
Aveng's Goodwill-to-Asset of 0.01 can be compared against companies in the Construction 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 Construction company?
A good Goodwill-to-Asset depends on the Construction 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 Aveng and its competitors. Aveng's current Goodwill-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (FRA:UG8) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.23, compared to a current price of €0.19 — trading 18.7% below its estimated fair value. The current Goodwill-to-Asset is 0.01. Aveng's overall GF Score™ is 45/100 with 3 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 Aveng (FRA:UG8), the current Goodwill-to-Asset is 0.01 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 Aveng (FRA:UG8) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of €0.19 is trading 18.7% below its estimated GF Value™ of €0.23. GuruFocus considers Aveng to be Modestly Undervalued.

Key valuation signals for FRA:UG8:

  • Goodwill-to-Asset: 0.01
  • GF Value™: €0.23 vs. price of €0.19 (18.7% below fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the FRA:UG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aveng Business Description

Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
45GF Score

Get the complete analysis for FRA:UG8

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

€0.19
Price
€0.23
GF Value