PixelFox AB (NGM:PIXEL) Goodwill-to-Asset: 0.19 (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.

NGM:PIXEL PixelFox AB NGM:PIXEL
56 GF Score
Price kr2.49
GF Value kr1.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PixelFox AB Goodwill-to-Asset?

PixelFox AB NGM:PIXEL +10.18% 56 Goodwill-to-Asset is 0.19 as of Mar. 2026. GuruFocus rates NGM:PIXEL with a GF Score™ of 56/100 and a GF Value™ of kr1.29 (Significantly Overvalued). The stock has 5 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. PixelFox AB's Goodwill for the quarter that ended in Mar. 2026 was kr5.1 Mil. PixelFox AB's Total Assets for the quarter that ended in Mar. 2026 was kr27.6 Mil. Therefore, PixelFox AB's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.19.


PixelFox AB  (NGM:PIXEL) 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.


PixelFox AB Goodwill-to-Asset Related Terms


PixelFox AB Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for PixelFox 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.

PixelFox AB Goodwill-to-Asset Chart

PixelFox AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.79 0.58 0.80 0.68 0.23

PixelFox AB 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 0.54 0.28 0.26 0.23 0.19

NGM:PIXEL vs CASY, WSM, ULTA: Goodwill-to-Asset Comparison

For the Specialty Retail subindustry, PixelFox 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.


PixelFox AB Goodwill-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PixelFox AB's Goodwill-to-Asset distribution charts can be found below:

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


NGM:PIXEL
56GF Score
PixelFox AB NGM:PIXEL
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PixelFox 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.

PixelFox 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
=5.653/24.438
=0.23

PixelFox 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
=5.091/27.572
=0.18

* 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 0.19 mean?
PixelFox AB (NGM:PIXEL) has a Goodwill-to-Asset of 0.19 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on PixelFox AB and its competitors.
Is PixelFox AB's Goodwill-to-Asset too high?
PixelFox AB's current Goodwill-to-Asset is 0.19. Overall, PixelFox AB has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PixelFox AB's Goodwill-to-Asset compare to CASY and WSM?
PixelFox AB's Goodwill-to-Asset of 0.19 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill-to-Asset depends on the Retail - Cyclical 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 PixelFox AB and its competitors. PixelFox AB's current Goodwill-to-Asset is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PixelFox AB stock overvalued right now?
Based on GuruFocus' analysis, PixelFox AB (NGM:PIXEL) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.29, compared to a current price of kr2.49 — trading 93% above its estimated fair value. The current Goodwill-to-Asset is 0.19. PixelFox AB's overall GF Score™ is 56/100 with 5 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 PixelFox AB (NGM:PIXEL), the current Goodwill-to-Asset is 0.19 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 PixelFox AB (NGM:PIXEL) Overvalued in 2026?

Based on GuruFocus' analysis, PixelFox AB stock appears to be overvalued. The current stock price of kr2.49 is trading 93% above its estimated GF Value™ of kr1.29. GuruFocus considers PixelFox AB to be Significantly Overvalued.

Key valuation signals for NGM:PIXEL:

  • Goodwill-to-Asset: 0.19
  • GF Value™: kr1.29 vs. price of kr2.49 (93% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


PixelFox AB Business Description

Address Mejselgatan 5, Knivsta, SWE, 74171
PixelFox AB Formerly Partytajm International AB is engaged in the sale of party items. The company offers products used for Children's Parties, Weddings, Cake Decorations, and Theme parties among others.
56GF Score

Get the complete analysis for NGM:PIXEL

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

kr2.49
Price
kr1.29
GF Value