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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Two stone & Sons's Goodwill for the quarter that ended in May. 2026 was 円1,940 Mil. Two stone & Sons's Total Assets for the quarter that ended in May. 2026 was 円10,723 Mil.
Therefore, Two stone & Sons's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.18.
Two stone & Sons (TSE:7352) 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.
Two stone & Sons Goodwill-to-Asset Related Terms
Two stone & Sons Goodwill-to-Asset Historical Data
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The historical data trend for Two stone & Sons'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.
TSE:7352 vs CTAS, CPRT, GPN: Goodwill-to-Asset Comparison
For the Specialty Business Services subindustry, Two stone & Sons'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.
Two stone & Sons Goodwill-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Two stone & Sons's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Two stone & Sons'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.
Two stone & Sons (TSE:7352) has a Goodwill-to-Asset of 0.18 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Two stone & Sons and its competitors.
Is Two stone & Sons' Goodwill-to-Asset too high?
Two stone & Sons' current Goodwill-to-Asset is 0.18. Overall, Two stone & Sons has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Two stone & Sons' Goodwill-to-Asset compare to CTAS and CPRT?
Two stone & Sons' Goodwill-to-Asset of 0.18 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 Two stone & Sons and its competitors. Two stone & Sons's current Goodwill-to-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Two stone & Sons stock overvalued right now?
Based on GuruFocus' analysis, Two stone & Sons (TSE:7352) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,339.25, compared to a current price of 円322.00 — trading 76% below its estimated fair value. The current Goodwill-to-Asset is 0.18. Two stone & Sons' overall GF Score™ is 68/100 with 2 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 Two stone & Sons (TSE:7352), the current Goodwill-to-Asset is 0.18 as of May. 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 Two stone & Sons (TSE:7352) Overvalued in 2026?
Based on GuruFocus' analysis, Two stone & Sons stock appears to be undervalued.
The current stock price of 円322.00 is trading 76% below its estimated GF Value™ of 円1,339.25.
GuruFocus considers Two stone & Sons to be Significantly Undervalued.
Key valuation signals for TSE:7352:
Goodwill-to-Asset: 0.18
GF Value™: 円1,339.25 vs. price of 円322.00 (76% below fair value)
No single metric tells the full story. See the TSE:7352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Two stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.
68GF 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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