Nodebis Applications AB (NGM:NODE) Goodwill-to-Asset: 0.59 (As of Mar. 2026)

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NGM:NODE Nodebis Applications AB NGM:NODE
69 GF Score
Price kr24.00
GF Value kr15.58
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nodebis Applications AB Goodwill-to-Asset?

Nodebis Applications AB NGM:NODE 69 Goodwill-to-Asset is 0.59 as of Mar. 2026. GuruFocus rates NGM:NODE with a GF Score™ of 69/100 and a GF Value™ of kr15.58 (Significantly Overvalued). The stock has 2 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. Nodebis Applications AB's Goodwill for the quarter that ended in Mar. 2026 was kr98.9 Mil. Nodebis Applications AB's Total Assets for the quarter that ended in Mar. 2026 was kr168.3 Mil. Therefore, Nodebis Applications AB's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.


Nodebis Applications AB  (NGM:NODE) 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.


Nodebis Applications AB Goodwill-to-Asset Related Terms


Nodebis Applications AB Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Nodebis Applications AB'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.

Nodebis Applications AB Goodwill-to-Asset Chart

Nodebis Applications AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.10 0.35 0.51 0.62 0.59

Nodebis Applications AB Quarterly Data
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 0.61 0.59 0.61 0.59 0.59

NGM:NODE vs QH, SHOP, UBER: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Nodebis Applications AB'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.


Nodebis Applications AB Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Nodebis Applications AB's Goodwill-to-Asset distribution charts can be found below:

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


NGM:NODE
69GF Score
Nodebis Applications AB NGM:NODE
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Nodebis Applications AB 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.

Nodebis Applications AB'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
=98.91/167.25
=0.59

Nodebis Applications AB'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
=98.91/168.289
=0.59

* 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 0.59 mean?
Nodebis Applications AB (NGM:NODE) has a Goodwill-to-Asset of 0.59 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Nodebis Applications AB and its competitors.
Is Nodebis Applications AB's Goodwill-to-Asset too high?
Nodebis Applications AB's current Goodwill-to-Asset is 0.59. Overall, Nodebis Applications AB has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nodebis Applications AB's Goodwill-to-Asset compare to QH and SHOP?
Nodebis Applications AB's Goodwill-to-Asset of 0.59 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 Nodebis Applications AB and its competitors. Nodebis Applications AB's current Goodwill-to-Asset is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nodebis Applications AB stock overvalued right now?
Based on GuruFocus' analysis, Nodebis Applications AB (NGM:NODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.58, compared to a current price of kr24.00 — trading 54% above its estimated fair value. The current Goodwill-to-Asset is 0.59. Nodebis Applications AB's overall GF Score™ is 69/100 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 Nodebis Applications AB (NGM:NODE), the current Goodwill-to-Asset is 0.59 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 Nodebis Applications AB (NGM:NODE) Overvalued in 2026?

Based on GuruFocus' analysis, Nodebis Applications AB stock appears to be overvalued. The current stock price of kr24.00 is trading 54% above its estimated GF Value™ of kr15.58. GuruFocus considers Nodebis Applications AB to be Significantly Overvalued.

Key valuation signals for NGM:NODE:

  • Goodwill-to-Asset: 0.59
  • GF Value™: kr15.58 vs. price of kr24.00 (54% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Nodebis Applications AB Business Description

Other Exchanges Q1Y0:Germany
Address Gustaf Mattssons vag 2, Uddevalla, SWE, 451 50
Nodebis Applications AB provides digitization services for decision support and applications such as availability and optimization of resources.
69GF Score

Get the complete analysis for NGM:NODE

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

kr24.00
Price
kr15.58
GF Value