Smartbroker Holding AG (LTS:0CDX) Goodwill-to-Asset: 0.24 (As of Dec. 2025)

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LTS:0CDX Smartbroker Holding AG LTS:0CDX
77 GF Score
Price €8.42
GF Value €11.72
Valuation Modestly Undervalued
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What is Smartbroker Holding AG Goodwill-to-Asset?

Smartbroker Holding AG LTS:0CDX 77 Goodwill-to-Asset is 0.24 as of Dec. 2025. GuruFocus rates LTS:0CDX with a GF Score™ of 77/100 and a GF Value™ of €11.72 (Modestly Undervalued).

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Smartbroker Holding AG's Goodwill for the quarter that ended in Dec. 2025 was €12.51 Mil. Smartbroker Holding AG's Total Assets for the quarter that ended in Dec. 2025 was €52.81 Mil. Therefore, Smartbroker Holding AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.24.


Smartbroker Holding AG  (LTS:0CDX) 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.


Smartbroker Holding AG Goodwill-to-Asset Related Terms


Smartbroker Holding AG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Smartbroker Holding 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.

Smartbroker Holding AG Goodwill-to-Asset Chart

Smartbroker Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.28 0.24 0.24

Smartbroker Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.28 0.25 0.24 0.25 0.24

LTS:0CDX vs SPGI, CME, ICE: Goodwill-to-Asset Comparison

For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding 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.


Smartbroker Holding AG Goodwill-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Goodwill-to-Asset distribution charts can be found below:

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


LTS:0CDX
77GF Score
Smartbroker Holding AG LTS:0CDX
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartbroker Holding AG 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.

Smartbroker Holding AG's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=12.505/52.808
=0.24

Smartbroker Holding AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill to Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=12.505/52.808
=0.24

* 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 0.24 mean?
Smartbroker Holding AG (LTS:0CDX) has a Goodwill-to-Asset of 0.24 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Smartbroker Holding AG and its competitors.
Is Smartbroker Holding AG's Goodwill-to-Asset too high?
Smartbroker Holding AG's current Goodwill-to-Asset is 0.24. Overall, Smartbroker Holding AG has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smartbroker Holding AG's Goodwill-to-Asset compare to SPGI and CME?
Smartbroker Holding AG's Goodwill-to-Asset of 0.24 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Goodwill-to-Asset depends on the Capital Markets 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 Smartbroker Holding AG and its competitors. Smartbroker Holding AG's current Goodwill-to-Asset is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartbroker Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Smartbroker Holding AG (LTS:0CDX) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.72, compared to a current price of €8.42 — trading 28.2% below its estimated fair value. The current Goodwill-to-Asset is 0.24. Smartbroker Holding AG'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 Smartbroker Holding AG (LTS:0CDX), the current Goodwill-to-Asset is 0.24 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 Smartbroker Holding AG (LTS:0CDX) Overvalued in 2026?

Based on GuruFocus' analysis, Smartbroker Holding AG stock appears to be undervalued. The current stock price of €8.42 is trading 28.2% below its estimated GF Value™ of €11.72. GuruFocus considers Smartbroker Holding AG to be Modestly Undervalued.

Key valuation signals for LTS:0CDX:

  • Goodwill-to-Asset: 0.24
  • GF Value™: €11.72 vs. price of €8.42 (28.2% below fair value)
  • GF Score™: 77/100

No single metric tells the full story. See the LTS:0CDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smartbroker Holding AG Business Description

Other Exchanges SB1:Germany
Address Ritterstrasse 11, Berlin, DEU, 10969
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.
77GF Score

Get the complete analysis for LTS:0CDX

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

€8.42
Price
€11.72
GF Value