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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SHW AG's Goodwill for the quarter that ended in Dec. 2025 was €7.1 Mil. SHW AG's Total Assets for the quarter that ended in Dec. 2025 was €372.3 Mil.
Therefore, SHW AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.02.
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.
SHW AG Goodwill-to-Asset Related Terms
SHW AG Goodwill-to-Asset Historical Data
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The historical data trend for SHW AG'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.
HAM:SW10 vs ORLY, AZO, GPC: Goodwill-to-Asset Comparison
For the Auto Parts subindustry, SHW AG'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.
SHW AG Goodwill-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SHW AG's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where SHW AG'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.
SHW AG (HAM:SW10) has a Goodwill-to-Asset of 0.02 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on SHW AG and its competitors.
Is SHW AG's Goodwill-to-Asset too high?
SHW AG's current Goodwill-to-Asset is 0.02. Overall, SHW AG has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SHW AG's Goodwill-to-Asset compare to ORLY and AZO?
SHW AG's Goodwill-to-Asset of 0.02 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Goodwill-to-Asset depends on the Vehicles & Parts 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 SHW AG and its competitors. SHW AG's current Goodwill-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHW AG stock overvalued right now?
Based on GuruFocus' analysis, SHW AG (HAM:SW10) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.03, compared to a current price of €6.85 — trading 43.1% below its estimated fair value. The current Goodwill-to-Asset is 0.02. SHW AG's overall GF Score™ is 59/100 with 4 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 SHW AG (HAM:SW10), the current Goodwill-to-Asset is 0.02 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.
Is SHW AG (HAM:SW10) Overvalued in 2026?
Based on GuruFocus' analysis, SHW AG stock appears to be undervalued.
The current stock price of €6.85 is trading 43.1% below its estimated GF Value™ of €12.03.
GuruFocus considers SHW AG to be Significantly Undervalued.
Key valuation signals for HAM:SW10:
Goodwill-to-Asset: 0.02
GF Value™: €12.03 vs. price of €6.85 (43.1% below fair value)
No single metric tells the full story. See the HAM:SW10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SHW AG is a Germany-based developer and manufacturer of a product that contributes to a reduction of fuel consumption and consequently CO2 emissions in the vehicle industry. The company has two operating segments, Pumps, and Engine Components and Brake Disc segment. In its Pumps and engine components business segment SHW develops and produces engine and transmission components for the various area of application. In the Brake Discs business segment, it develops and produces Monobloc, ventilated, cast iron brake discs as well as lightweight brake discs. The company generates the majority of its revenue from the Pumps and engine components business segment.
59GF Score
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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