Techstep ASA (OSL:TECH) Goodwill-to-Asset: 0.53 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

OSL:TECH Techstep ASA OSL:TECH
39 GF Score
Price kr1.65
GF Value kr9.24
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Techstep ASA Goodwill-to-Asset?

Techstep ASA OSL:TECH -2.94% 39 Goodwill-to-Asset is 0.53 as of Jun. 2026. GuruFocus rates OSL:TECH with a GF Score™ of 39/100 and a GF Value™ of kr9.24 (Possible Value Trap). 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. Techstep ASA's Goodwill for the quarter that ended in Jun. 2026 was kr485.6 Mil. Techstep ASA's Total Assets for the quarter that ended in Jun. 2026 was kr910.1 Mil. Therefore, Techstep ASA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.53.


Techstep ASA  (OSL:TECH) 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.


Techstep ASA Goodwill-to-Asset Related Terms


Techstep ASA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Techstep 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.

Techstep ASA Goodwill-to-Asset Chart

Techstep 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 0.45 0.45 0.49 0.54 0.45

Techstep ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.56 0.57 0.45 0.55 0.53

OSL:TECH vs CSCO, MSI, HPE: Goodwill-to-Asset Comparison

For the Communication Equipment subindustry, Techstep 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.


Techstep ASA Goodwill-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Techstep ASA's Goodwill-to-Asset distribution charts can be found below:

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


OSL:TECH
39GF Score
Techstep ASA OSL:TECH
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techstep 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.

Techstep 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
=494.976/1109.188
=0.45

Techstep ASA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=485.599/910.055
=0.53

* 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 0.53 mean?
Techstep ASA (OSL:TECH) has a Goodwill-to-Asset of 0.53 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Techstep ASA and its competitors.
Is Techstep ASA's Goodwill-to-Asset too high?
Techstep ASA's current Goodwill-to-Asset is 0.53. Overall, Techstep ASA has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techstep ASA's Goodwill-to-Asset compare to CSCO and MSI?
Techstep ASA's Goodwill-to-Asset of 0.53 can be compared against companies in the Hardware 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 Hardware company?
A good Goodwill-to-Asset depends on the Hardware 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 Techstep ASA and its competitors. Techstep ASA's current Goodwill-to-Asset is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Techstep ASA (OSL:TECH) is currently considered Possible Value Trap. The stock's GF Value™ is kr9.24, compared to a current price of kr1.65 — trading 82.1% below its estimated fair value. The current Goodwill-to-Asset is 0.53. Techstep ASA's overall GF Score™ is 39/100 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 Techstep ASA (OSL:TECH), the current Goodwill-to-Asset is 0.53 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 Techstep ASA (OSL:TECH) Overvalued in 2026?

Based on GuruFocus' analysis, Techstep ASA stock appears to be undervalued. The current stock price of kr1.65 is trading 82.1% below its estimated GF Value™ of kr9.24. GuruFocus considers Techstep ASA to be Possible Value Trap.

Key valuation signals for OSL:TECH:

  • Goodwill-to-Asset: 0.53
  • GF Value™: kr9.24 vs. price of kr1.65 (82.1% below fair value)
  • GF Score™: 39/100 with 5 warning signs

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


Techstep ASA Business Description

Other Exchanges 0K2D:UK
Address Brynsalleen 4, Oslo, NOR, 0667
Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.
39GF Score

Get the complete analysis for OSL:TECH

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

kr1.65
Price
kr9.24
GF Value