Fjord Defence Group ASA (OSL:DFENS) Goodwill-to-Asset: 0.41 (As of Mar. 2026)

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OSL:DFENS Fjord Defence Group ASA OSL:DFENS
52 GF Score
Price kr15.95
GF Value kr6.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fjord Defence Group ASA Goodwill-to-Asset?

Fjord Defence Group ASA OSL:DFENS +1.27% 52 Goodwill-to-Asset is 0.41 as of Mar. 2026. GuruFocus rates OSL:DFENS with a GF Score™ of 52/100 and a GF Value™ of kr6.11 (Significantly Overvalued). The stock has 6 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. Fjord Defence Group ASA's Goodwill for the quarter that ended in Mar. 2026 was kr407.63 Mil. Fjord Defence Group ASA's Total Assets for the quarter that ended in Mar. 2026 was kr1,007.23 Mil. Therefore, Fjord Defence Group ASA's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.41.


Fjord Defence Group ASA  (OSL:DFENS) 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.


Fjord Defence Group ASA Goodwill-to-Asset Related Terms


Fjord Defence Group ASA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Fjord Defence Group ASA'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.

Fjord Defence Group ASA Goodwill-to-Asset Chart

Fjord Defence Group ASA 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 0.00 0.00 0.00 0.00 0.25

Fjord Defence Group ASA 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 0.00 0.28 0.30 0.25 0.41

OSL:DFENS vs SPCX, GE, RTX: Goodwill-to-Asset Comparison

For the Aerospace & Defense subindustry, Fjord Defence Group ASA'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.


Fjord Defence Group ASA Goodwill-to-Asset vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fjord Defence Group ASA's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Fjord Defence Group ASA's Goodwill-to-Asset falls into.


OSL:DFENS
52GF Score
Fjord Defence Group ASA OSL:DFENS
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fjord Defence Group ASA 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.

Fjord Defence Group ASA'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
=178.18/723.463
=0.25

Fjord Defence Group ASA'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
=407.625/1007.226
=0.40

* 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 0.41 mean?
Fjord Defence Group ASA (OSL:DFENS) has a Goodwill-to-Asset of 0.41 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Fjord Defence Group ASA and its competitors.
Is Fjord Defence Group ASA's Goodwill-to-Asset too high?
Fjord Defence Group ASA's current Goodwill-to-Asset is 0.41. Overall, Fjord Defence Group ASA has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fjord Defence Group ASA's Goodwill-to-Asset compare to SPCX and GE?
Fjord Defence Group ASA's Goodwill-to-Asset of 0.41 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Goodwill-to-Asset depends on the Aerospace & Defense 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 Fjord Defence Group ASA and its competitors. Fjord Defence Group ASA's current Goodwill-to-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fjord Defence Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Fjord Defence Group ASA (OSL:DFENS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr6.11, compared to a current price of kr15.95 — trading 161% above its estimated fair value. The current Goodwill-to-Asset is 0.41. Fjord Defence Group ASA's overall GF Score™ is 52/100 with 6 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 Fjord Defence Group ASA (OSL:DFENS), the current Goodwill-to-Asset is 0.41 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 Fjord Defence Group ASA (OSL:DFENS) Overvalued in 2026?

Based on GuruFocus' analysis, Fjord Defence Group ASA stock appears to be overvalued. The current stock price of kr15.95 is trading 161% above its estimated GF Value™ of kr6.11. GuruFocus considers Fjord Defence Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:DFENS:

  • Goodwill-to-Asset: 0.41
  • GF Value™: kr6.11 vs. price of kr15.95 (161% above fair value)
  • GF Score™: 52/100 with 6 warning signs

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


Fjord Defence Group ASA Business Description

Other Exchanges 0RU7:UKS5B0:Germany
Address Askekroken 11, Oslo, NOR, 0277
Fjord Defence Group ASA is a Norwegian defence compounder engaged in acquiring and growing small to mid-sized profitable defence tech companies. The company is building a portfolio of fast-growing, profitable companies to capitalise on a c in defense spending.
52GF Score

Get the complete analysis for OSL:DFENS

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

kr15.95
Price
kr6.11
GF Value