SGSOF (SGS AG) Goodwill-to-Asset: 0.24 (As of Dec. 2025)

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.

SGSOF SGS AG SGSOF
82 GF Score
Price $117.00
GF Value $108.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is SGS AG Goodwill-to-Asset?

SGS AG SGSOF -0.54% 82 Goodwill-to-Asset is 0.24 as of Dec. 2025. GuruFocus rates SGSOF with a GF Score™ of 82/100 and a GF Value™ of $108.42 (Fairly Valued). The stock has 7 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. SGS AG's Goodwill for the quarter that ended in Dec. 2025 was $2,377 Mil. SGS AG's Total Assets for the quarter that ended in Dec. 2025 was $9,892 Mil. Therefore, SGS AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.24.


SGS AG  (OTCPK:SGSOF) 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.


SGS AG Goodwill-to-Asset Related Terms


SGS AG Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for SGS AG'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.

SGS AG Goodwill-to-Asset Chart

SGS AG 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 0.25 0.25 0.24 0.26 0.24

SGS AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.24 0.25 0.26 0.25 0.24

SGSOF vs VRSK, EFX, BAH: Goodwill-to-Asset Comparison

For the Consulting Services subindustry, SGS AG'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.


SGS AG Goodwill-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, SGS AG's Goodwill-to-Asset distribution charts can be found below:

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


SGSOF
82GF Score
SGS AG SGSOF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SGS AG 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.

SGS AG'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
=2376.71/9892.082
=0.24

SGS AG's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill to Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=2376.71/9892.082
=0.24

* 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 0.24 mean?
SGS AG (SGSOF) has a Goodwill-to-Asset of 0.24 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on SGS AG and its competitors.
Is SGS AG's Goodwill-to-Asset too high?
SGS AG's current Goodwill-to-Asset is 0.24. Overall, SGS AG has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SGS AG's Goodwill-to-Asset compare to VRSK and EFX?
SGS AG's Goodwill-to-Asset of 0.24 can be compared against companies in the Business Services 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 Business Services company?
A good Goodwill-to-Asset depends on the Business Services 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 SGS AG and its competitors. SGS AG's current Goodwill-to-Asset is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGS AG stock overvalued right now?
Based on GuruFocus' analysis, SGS AG (SGSOF) is currently considered Fairly Valued. The stock's GF Value™ is $108.42, compared to a current price of $117.00 — trading 7.9% above its estimated fair value. The current Goodwill-to-Asset is 0.24. SGS AG's overall GF Score™ is 82/100 with 7 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 SGS AG (SGSOF), the current Goodwill-to-Asset is 0.24 as of Dec. 2025. 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 SGS AG (SGSOF) Overvalued in 2026?

Based on GuruFocus' analysis, SGS AG stock appears to be overvalued. The current stock price of $117.00 is trading 7.9% above its estimated GF Value™ of $108.42. GuruFocus considers SGS AG to be Fairly Valued.

Key valuation signals for SGSOF:

  • Goodwill-to-Asset: 0.24
  • GF Value™: $108.42 vs. price of $117.00 (7.9% above fair value)
  • GF Score™: 82/100 with 7 warning signs

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


SGS AG Business Description

Address Zugerstrasse 57, Baar, CHE, CH- 6340
Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only three TIC companies operating globally across agriculture, food, life sciences, and transportation services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.
82GF Score

Get the complete analysis for SGSOF

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

$117.00
Price
$108.42
GF Value