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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. JG Summit Holdings's Goodwill for the quarter that ended in Mar. 2026 was ₱24,333 Mil. JG Summit Holdings's Total Assets for the quarter that ended in Mar. 2026 was ₱989,052 Mil.
Therefore, JG Summit Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.03.
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.
JG Summit Holdings Goodwill-to-Asset Related Terms
JG Summit Holdings Goodwill-to-Asset Historical Data
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The historical data trend for JG Summit Holdings'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.
For the Conglomerates subindustry, JG Summit Holdings'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.
JG Summit Holdings Goodwill-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JG Summit Holdings's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where JG Summit Holdings'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.
JG Summit Holdings (PHS:JGS) has a Goodwill-to-Asset of 0.03 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on JG Summit Holdings and its competitors.
Is JG Summit Holdings' Goodwill-to-Asset too high?
JG Summit Holdings' current Goodwill-to-Asset is 0.03. Overall, JG Summit Holdings has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JG Summit Holdings' Goodwill-to-Asset compare to HON and MMM?
JG Summit Holdings' Goodwill-to-Asset of 0.03 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Goodwill-to-Asset depends on the Conglomerates 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 JG Summit Holdings and its competitors. JG Summit Holdings's current Goodwill-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Summit Holdings stock overvalued right now?
Based on GuruFocus' analysis, JG Summit Holdings (PHS:JGS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱28.27, compared to a current price of ₱24.35 — trading 13.9% below its estimated fair value. The current Goodwill-to-Asset is 0.03. JG Summit Holdings' overall GF Score™ is 92/100 with 3 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 JG Summit Holdings (PHS:JGS), the current Goodwill-to-Asset is 0.03 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 JG Summit Holdings (PHS:JGS) Overvalued in 2026?
Based on GuruFocus' analysis, JG Summit Holdings stock appears to be undervalued.
The current stock price of ₱24.35 is trading 13.9% below its estimated GF Value™ of ₱28.27.
GuruFocus considers JG Summit Holdings to be Modestly Undervalued.
Key valuation signals for PHS:JGS:
Goodwill-to-Asset: 0.03
GF Value™: ₱28.27 vs. price of ₱24.35 (13.9% below fair value)
No single metric tells the full story. See the PHS:JGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in food, agro-industrial, and commodities, real estate and hotel, air transportation, banking, and petrochemicals. The company also has investments in telecommunications and power generation, and distribution. It also has a branded consumer foods business in China, ASEAN, and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, around Metro Manila, and in the regions of Luzon, Visayas, and Mindanao.
92GF Score
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