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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Advanced Drainage Systems's Goodwill for the quarter that ended in Jun. 2026 was MXN18,191 Mil. Advanced Drainage Systems's Total Assets for the quarter that ended in Jun. 2026 was MXN78,695 Mil.
Therefore, Advanced Drainage Systems's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.23.
Advanced Drainage Systems (MEX:WMS) 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.
Advanced Drainage Systems Goodwill-to-Asset Related Terms
Advanced Drainage Systems Goodwill-to-Asset Historical Data
* 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.
MEX:WMS vs SPXC, OC, AAON: Goodwill-to-Asset Comparison
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems Goodwill-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Goodwill-to-Asset falls into.
* 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.
Advanced Drainage Systems (MEX:WMS) has a Goodwill-to-Asset of 0.23 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Advanced Drainage Systems and its competitors.
Is Advanced Drainage Systems' Goodwill-to-Asset too high?
Advanced Drainage Systems' current Goodwill-to-Asset is 0.23. Overall, Advanced Drainage Systems has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Advanced Drainage Systems' Goodwill-to-Asset compare to SPXC and OC?
Advanced Drainage Systems' Goodwill-to-Asset of 0.23 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 Advanced Drainage Systems and its competitors. Advanced Drainage Systems's current Goodwill-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Drainage Systems stock overvalued right now?
Advanced Drainage Systems (MEX:WMS) has a current Goodwill-to-Asset of 0.23. The stock's GF Value™ is MXN2,331.09, compared to a current price of MXN2,100.00 — trading 9.9% below its estimated fair value. The current Goodwill-to-Asset is 0.23. Advanced Drainage Systems' overall GF Score™ is 78/100 with 2 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 Advanced Drainage Systems (MEX:WMS), the current Goodwill-to-Asset is 0.23 as of Jun. 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 Advanced Drainage Systems (MEX:WMS) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be undervalued.
The current stock price of MXN2,100.00 is trading 9.9% below its estimated GF Value™ of MXN2,331.09.
Key valuation signals for MEX:WMS:
Goodwill-to-Asset: 0.23
GF Value™: MXN2,331.09 vs. price of MXN2,100.00 (9.9% below fair value)
No single metric tells the full story. See the MEX:WMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
78GF Score
Get the complete analysis for MEX:WMS
Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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