KYWAF (Exeo Group) Goodwill-to-Asset: 0.03 (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.

KYWAF Exeo Group Inc KYWAF
77 GF Score
Price $10.22
GF Value $8.20
View Full Analysis

What is Exeo Group Goodwill-to-Asset?

Exeo Group KYWAF 77 Goodwill-to-Asset is 0.03 as of Mar. 2026. GuruFocus rates KYWAF with a GF Score™ of 77/100 and a GF Value™ of $8.20.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Exeo Group's Goodwill for the quarter that ended in Mar. 2026 was $109 Mil. Exeo Group's Total Assets for the quarter that ended in Mar. 2026 was $4,356 Mil. Therefore, Exeo Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.03.


Exeo Group  (OTCPK:KYWAF) 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.


Exeo Group Goodwill-to-Asset Related Terms


Exeo Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Exeo 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.

Exeo Group Goodwill-to-Asset Chart

Exeo Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 0.03

Exeo Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.03 0.03 0.03 0.03 0.03

KYWAF vs PWR, FIX, EME: Goodwill-to-Asset Comparison

For the Engineering & Construction subindustry, Exeo 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.


Exeo Group Goodwill-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Exeo Group's Goodwill-to-Asset distribution charts can be found below:

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


KYWAF
77GF Score
Exeo Group Inc KYWAF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exeo 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.

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

Goodwill to Asset (A: Mar. 2026 )=Goodwill/Total Assets
=108.638/4355.572
=0.02

Exeo Group'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
=108.638/4355.572
=0.02

* 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 0.03 mean?
Exeo Group (KYWAF) has a Goodwill-to-Asset of 0.03 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Exeo Group and its competitors.
Is Exeo Group's Goodwill-to-Asset too high?
Exeo Group's current Goodwill-to-Asset is 0.03. Overall, Exeo Group has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Exeo Group's Goodwill-to-Asset compare to PWR and FIX?
Exeo Group's Goodwill-to-Asset of 0.03 can be compared against companies in the Construction 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 Construction company?
A good Goodwill-to-Asset depends on the Construction 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 Exeo Group and its competitors. Exeo Group's current Goodwill-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Group stock overvalued right now?
Exeo Group (KYWAF) has a current Goodwill-to-Asset of 0.03. The stock's GF Value™ is $8.20, compared to a current price of $10.22 — trading 24.6% above its estimated fair value. The current Goodwill-to-Asset is 0.03. Exeo Group's overall GF Score™ is 77/100. 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 Exeo Group (KYWAF), the current Goodwill-to-Asset is 0.03 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 Exeo Group (KYWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Exeo Group stock appears to be overvalued. The current stock price of $10.22 is trading 24.6% above its estimated GF Value™ of $8.20.

Key valuation signals for KYWAF:

  • Goodwill-to-Asset: 0.03
  • GF Value™: $8.20 vs. price of $10.22 (24.6% above fair value)
  • GF Score™: 77/100

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


Exeo Group Business Description

Other Exchanges 1951:Japan
Address 29-20 Shibuya 3-chome, Shibuya-ku, Tokyo, JPN, 150-0002
Exeo Group Inc provides technological and construction solutions, products, and services for various end markets. It builds telecommunications infrastructure throughout Japan to strengthen connectivity and communication. The company develops information and communication facilities and increases the security and capacity for storage of data and software. In addition, the company installs and repairs electrical and air conditioning components for commercial and residential buildings and develops energy-related facilities for solar, water, and other renewable solutions. It builds network systems for corporations or private homes and offers consulting on the latest technology and solutions geared toward customers' management issues.
77GF Score

Get the complete analysis for KYWAF

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

$10.22
Price
$8.20
GF Value