Next Technology Holding (FRA:ZP9) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ZP9 Next Technology Holding Inc FRA:ZP9
35 GF Score
Price €0.74
GF Value €6.52
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Next Technology Holding Goodwill-to-Asset?

Next Technology Holding FRA:ZP9 -8.07% 35 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates FRA:ZP9 with a GF Score™ of 35/100 and a GF Value™ of €6.52 (Possible Value Trap). The stock has 1 warning sign investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Next Technology Holding's Goodwill for the quarter that ended in Mar. 2026 was €0.00 Mil. Next Technology Holding's Total Assets for the quarter that ended in Mar. 2026 was €476.81 Mil. Therefore, Next Technology Holding's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Next Technology Holding  (FRA:ZP9) 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.


Next Technology Holding Goodwill-to-Asset Related Terms


Next Technology Holding Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Next Technology Holding'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.

Next Technology Holding Goodwill-to-Asset Chart

Next Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Next Technology Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

FRA:ZP9 vs IDN, FRMM, ILLR: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Next Technology Holding'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.


Next Technology Holding Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Next Technology Holding's Goodwill-to-Asset distribution charts can be found below:

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


FRA:ZP9
35GF Score
Next Technology Holding Inc FRA:ZP9
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Next Technology Holding 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.

Next Technology Holding'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
=0/447.608
=0.00

Next Technology Holding's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/476.805
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Next Technology Holding (FRA:ZP9) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Next Technology Holding and its competitors.
Is Next Technology Holding's Goodwill-to-Asset too high?
Next Technology Holding's current Goodwill-to-Asset is 0.00. Overall, Next Technology Holding has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Goodwill-to-Asset compare to IDN and FRMM?
Next Technology Holding's Goodwill-to-Asset of 0.00 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 Next Technology Holding and its competitors. Next Technology Holding's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €6.52, compared to a current price of €0.74 — trading 88.7% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Next Technology Holding's overall GF Score™ is 35/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Goodwill-to-Asset is 0.00 as of Mar. 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?

Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued. The current stock price of €0.74 is trading 88.7% below its estimated GF Value™ of €6.52. GuruFocus considers Next Technology Holding to be Possible Value Trap.

Key valuation signals for FRA:ZP9:

  • Goodwill-to-Asset: 0.00
  • GF Value™: €6.52 vs. price of €0.74 (88.7% below fair value)
  • GF Score™: 35/100 with 1 warning sign

No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Technology Holding Business Description

Other Exchanges NXTT:USA
Address Grandage 3, Takebashi 408, 1376-7 OBA, Ssaitama Prefecture, Kasukabe, JPN, 344-0021
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
35GF Score

Get the complete analysis for FRA:ZP9

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

€0.74
Price
€6.52
GF Value