Numeral (JSE:XII) Goodwill-to-Asset: 0.10 (As of May. 2026)

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JSE:XII Numeral Ltd JSE:XII
36 GF Score
Price R0.30
! 5 Warning Signs
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What is Numeral Goodwill-to-Asset?

Numeral JSE:XII 36 Goodwill-to-Asset is 0.10 as of May. 2026. GuruFocus rates JSE:XII with a GF Score™ of 36/100. The stock has 5 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. Numeral's Goodwill for the quarter that ended in May. 2026 was R8.15 Mil. Numeral's Total Assets for the quarter that ended in May. 2026 was R84.88 Mil. Therefore, Numeral's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.10.


Numeral  (JSE:XII) 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.


Numeral Goodwill-to-Asset Related Terms


Numeral Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Numeral'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.

Numeral Goodwill-to-Asset Chart

Numeral Annual Data
Trend Dec15 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.09 0.09

Numeral Quarterly Data
Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.09 0.10

JSE:XII vs ZTS, UTHR, VTRS: Goodwill-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.


Numeral Goodwill-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Numeral's Goodwill-to-Asset distribution charts can be found below:

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


JSE:XII
36GF Score
Numeral Ltd JSE:XII
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Numeral 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.

Numeral'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
=8.045/87.693
=0.09

Numeral's Goodwill to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Goodwill to Asset (Q: May. 2026 )=Goodwill/Total Assets
=8.145/84.883
=0.10

* 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 0.10 mean?
Numeral (JSE:XII) has a Goodwill-to-Asset of 0.10 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Numeral and its competitors.
Is Numeral's Goodwill-to-Asset too high?
Numeral's current Goodwill-to-Asset is 0.10. Overall, Numeral has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Numeral's Goodwill-to-Asset compare to ZTS and UTHR?
Numeral's Goodwill-to-Asset of 0.10 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Goodwill-to-Asset depends on the Drug Manufacturers 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 Numeral and its competitors. Numeral's current Goodwill-to-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numeral stock overvalued right now?
Numeral (JSE:XII) has a current Goodwill-to-Asset of 0.10. The current Goodwill-to-Asset is 0.10. Numeral's overall GF Score™ is 36/100 with 5 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 Numeral (JSE:XII), the current Goodwill-to-Asset is 0.10 as of May. 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.

Numeral Business Description

Other Exchanges NXII.N0000:Mauritius
Address Sayed Hossen Road, Unit 13 Socota Phoenicia, Phoenix, MUS
Numeral Ltd is an investment holding company based in Mauritius with a focus on fintech, biotechnology, and asset management. Geographically it has a presence in countries across Africa, Europe and Asia. The majority of its revenue is generated in the form of Trading income.
36GF 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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