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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SPX Technologies's Goodwill for the quarter that ended in Jun. 2026 was $1,234 Mil. SPX Technologies's Total Assets for the quarter that ended in Jun. 2026 was $3,939 Mil.
Therefore, SPX Technologies's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.31.
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.
SPX Technologies Goodwill-to-Asset Related Terms
SPX Technologies Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for SPX Technologies'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.
SPXC vs WMS, OC, CSL: Goodwill-to-Asset Comparison
For the Building Products & Equipment subindustry, SPX Technologies'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.
SPX Technologies Goodwill-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, SPX Technologies's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where SPX Technologies'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.
SPX Technologies (SPXC) has a Goodwill-to-Asset of 0.31 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on SPX Technologies and its competitors.
Is SPX Technologies' Goodwill-to-Asset too high?
SPX Technologies' current Goodwill-to-Asset is 0.31. Overall, SPX Technologies has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPX Technologies' Goodwill-to-Asset compare to WMS and OC?
SPX Technologies' Goodwill-to-Asset of 0.31 can be compared against companies in the Construction 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 Construction company?
A good Goodwill-to-Asset depends on the Construction 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 SPX Technologies and its competitors. SPX Technologies's current Goodwill-to-Asset is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPX Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPX Technologies (SPXC) is currently considered Fairly Valued. The stock's GF Value™ is $190.12, compared to a current price of $204.48 — trading 7.6% above its estimated fair value. The current Goodwill-to-Asset is 0.31. SPX Technologies' overall GF Score™ is 92/100 with 1 warning sign 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 SPX Technologies (SPXC), the current Goodwill-to-Asset is 0.31 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 SPX Technologies (SPXC) Overvalued in 2026?
Based on GuruFocus' analysis, SPX Technologies stock appears to be overvalued.
The current stock price of $204.48 is trading 7.6% above its estimated GF Value™ of $190.12.
GuruFocus considers SPX Technologies to be Fairly Valued.
Key valuation signals for SPXC:
Goodwill-to-Asset: 0.31
GF Value™: $190.12 vs. price of $204.48 (7.6% above fair value)
No single metric tells the full story. See the SPXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.
92GF Score
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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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