Finbond Group (JSE:FGL) Goodwill-to-Asset: 0.07 (As of Feb. 2026)

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JSE:FGL Finbond Group Ltd JSE:FGL
33 GF Score
Price R0.84
GF Value R0.95
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Finbond Group Goodwill-to-Asset?

Finbond Group JSE:FGL +10.53% 33 Goodwill-to-Asset is 0.07 as of Feb. 2026. GuruFocus rates JSE:FGL with a GF Score™ of 33/100 and a GF Value™ of R0.95 (Modestly Undervalued). The stock has 7 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. Finbond Group's Goodwill for the quarter that ended in Feb. 2026 was R305 Mil. Finbond Group's Total Assets for the quarter that ended in Feb. 2026 was R4,410 Mil. Therefore, Finbond Group's Goodwill to Asset Ratio for the quarter that ended in Feb. 2026 was 0.07.


Finbond Group  (JSE:FGL) 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.


Finbond Group Goodwill-to-Asset Related Terms


Finbond Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Finbond Group'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.

Finbond Group Goodwill-to-Asset Chart

Finbond Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.08 0.07 0.07 0.07

Finbond Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.07 0.07 0.07 0.07 0.07

JSE:FGL vs RKT, FNMA, PFSI: Goodwill-to-Asset Comparison

For the Mortgage Finance subindustry, Finbond Group'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.


Finbond Group Goodwill-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, Finbond Group's Goodwill-to-Asset distribution charts can be found below:

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


JSE:FGL
33GF Score
Finbond Group Ltd JSE:FGL
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Finbond Group 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.

Finbond Group's Goodwill to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Goodwill to Asset (A: Feb. 2026 )=Goodwill/Total Assets
=305.201/4410.013
=0.07

Finbond Group's Goodwill to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Goodwill to Asset (Q: Feb. 2026 )=Goodwill/Total Assets
=305.201/4410.013
=0.07

* 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 0.07 mean?
Finbond Group (JSE:FGL) has a Goodwill-to-Asset of 0.07 as of Feb. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Finbond Group and its competitors.
Is Finbond Group's Goodwill-to-Asset too high?
Finbond Group's current Goodwill-to-Asset is 0.07. Overall, Finbond Group has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finbond Group's Goodwill-to-Asset compare to RKT and FNMA?
Finbond Group's Goodwill-to-Asset of 0.07 can be compared against companies in the Banks 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 Banks company?
A good Goodwill-to-Asset depends on the Banks 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 Finbond Group and its competitors. Finbond Group's current Goodwill-to-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finbond Group stock overvalued right now?
Based on GuruFocus' analysis, Finbond Group (JSE:FGL) is currently considered Modestly Undervalued. The stock's GF Value™ is R0.95, compared to a current price of R0.84 — trading 11.6% below its estimated fair value. The current Goodwill-to-Asset is 0.07. Finbond Group's overall GF Score™ is 33/100 with 7 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 Finbond Group (JSE:FGL), the current Goodwill-to-Asset is 0.07 as of Feb. 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 Finbond Group (JSE:FGL) Overvalued in 2026?

Based on GuruFocus' analysis, Finbond Group stock appears to be undervalued. The current stock price of R0.84 is trading 11.6% below its estimated GF Value™ of R0.95. GuruFocus considers Finbond Group to be Modestly Undervalued.

Key valuation signals for JSE:FGL:

  • Goodwill-to-Asset: 0.07
  • GF Value™: R0.95 vs. price of R0.84 (11.6% below fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Finbond Group Business Description

Address 446 Rigel Avenue South, Rigel Park, Erasmusrand, Pretoria, GT, ZAF, 0181
Finbond Group Ltd is a financial services institution that is engaged in the design and delivery of value and solution-based savings, credit, and insurance solutions tailored to depositor and borrower requirements. The company's business segments are Deposit and Debt Finance Products, Lending, Property investment, and Transactional banking, and Others. It derives key revenue from the Lending segment. Company opertes in USA, South Africa, and Canada, with majority of revenue from USA.
33GF Score

Get the complete analysis for JSE:FGL

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

R0.84
Price
R0.95
GF Value