Polaris (MEX:PII) Goodwill-to-Asset: 0.07 (As of Mar. 2026)

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MEX:PII Polaris Inc MEX:PII
76 GF Score
Price MXN1,213.00
GF Value MXN1,119.95
! 10 Warning Signs
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What is Polaris Goodwill-to-Asset?

Polaris MEX:PII 76 Goodwill-to-Asset is 0.07 as of Mar. 2026. GuruFocus rates MEX:PII with a GF Score™ of 76/100 and a GF Value™ of MXN1,119.95. The stock has 10 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. Polaris's Goodwill for the quarter that ended in Mar. 2026 was MXN6,290 Mil. Polaris's Total Assets for the quarter that ended in Mar. 2026 was MXN94,518 Mil. Therefore, Polaris's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.07.


Polaris  (MEX:PII) 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.


Polaris Goodwill-to-Asset Related Terms


Polaris Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Polaris'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.

Polaris Goodwill-to-Asset Chart

Polaris 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 0.08 0.07 0.07 0.07 0.07

Polaris 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 0.07 0.07 0.07 0.07 0.07

MEX:PII vs THO, BC, PATK: Goodwill-to-Asset Comparison

For the Recreational Vehicles subindustry, Polaris'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.


Polaris Goodwill-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Goodwill-to-Asset distribution charts can be found below:

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


MEX:PII
76GF Score
Polaris Inc MEX:PII
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris 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.

Polaris'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
=6280.388/88114.494
=0.07

Polaris'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
=6289.806/94518.397
=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?
Polaris (MEX:PII) has a Goodwill-to-Asset of 0.07 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Polaris and its competitors.
Is Polaris' Goodwill-to-Asset too high?
Polaris' current Goodwill-to-Asset is 0.07. Overall, Polaris has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Goodwill-to-Asset compare to THO and BC?
Polaris' Goodwill-to-Asset of 0.07 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Goodwill-to-Asset depends on the Vehicles & Parts 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 Polaris and its competitors. Polaris'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 Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Goodwill-to-Asset of 0.07. The stock's GF Value™ is MXN1,119.95, compared to a current price of MXN1,213.00 — trading 8.3% above its estimated fair value. The current Goodwill-to-Asset is 0.07. Polaris' overall GF Score™ is 76/100 with 10 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 Polaris (MEX:PII), the current Goodwill-to-Asset is 0.07 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 Polaris (MEX:PII) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris stock appears to be overvalued. The current stock price of MXN1,213.00 is trading 8.3% above its estimated GF Value™ of MXN1,119.95.

Key valuation signals for MEX:PII:

  • Goodwill-to-Asset: 0.07
  • GF Value™: MXN1,119.95 vs. price of MXN1,213.00 (8.3% above fair value)
  • GF Score™: 76/100 with 10 warning signs

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


Polaris Business Description

Other Exchanges PII:USA0KJQ:UKPL6:Germany
Address 2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
76GF Score

Get the complete analysis for MEX:PII

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

MXN1,213.00
Price
MXN1,119.95
GF Value