Nishat Mills (KAR:NML) Goodwill-to-Asset: (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.

KAR:NML Nishat Mills Ltd KAR:NML
71 GF Score
Price ₨133.29
GF Value ₨79.93
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nishat Mills Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nishat Mills's Goodwill for the quarter that ended in Mar. 2026 was ₨ Mil. Nishat Mills's Total Assets for the quarter that ended in Mar. 2026 was ₨323,637 Mil. Therefore, Nishat Mills's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was .


Nishat Mills  (KAR:NML) 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.


Nishat Mills Goodwill-to-Asset Related Terms


Nishat Mills Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Nishat Mills'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.

Nishat Mills Goodwill-to-Asset Chart

Nishat Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nishat Mills 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 - -

Nishat Mills Goodwill-to-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Nishat Mills'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.


Nishat Mills Goodwill-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Goodwill-to-Asset distribution charts can be found below:

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


KAR:NML
71GF Score
Nishat Mills Ltd KAR:NML
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Mills 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.

Nishat Mills's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill to Asset (A: Jun. 2025 )=Goodwill/Total Assets
=677.647/302853.706
=0.00

Nishat Mills'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
=/323637.292
=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.

Is Nishat Mills (KAR:NML) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued. The current stock price of ₨133.29 is trading 66.8% above its estimated GF Value™ of ₨79.93. GuruFocus considers Nishat Mills to be Significantly Overvalued.

Key valuation signals for KAR:NML:

  • Goodwill-to-Asset:
  • GF Value™: ₨79.93 vs. price of ₨133.29 (66.8% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Nishat Mills Business Description

Address 7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
71GF Score

Get the complete analysis for KAR:NML

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

₨133.29
Price
₨79.93
GF Value