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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SPARX Group Co's Goodwill for the quarter that ended in Mar. 2026 was 円0 Mil. SPARX Group Co's Total Assets for the quarter that ended in Mar. 2026 was 円57,600 Mil.
Therefore, SPARX Group Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.
SPARX Group Co (TSE:8739) 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.
SPARX Group Co Goodwill-to-Asset Related Terms
SPARX Group Co Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for SPARX Group Co'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:8739 vs BLK, BX, KKR: Goodwill-to-Asset Comparison
For the Asset Management subindustry, SPARX Group Co'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.
SPARX Group Co Goodwill-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SPARX Group Co's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where SPARX Group Co'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.
SPARX Group Co (TSE:8739) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on SPARX Group Co and its competitors.
Is SPARX Group Co's Goodwill-to-Asset too high?
SPARX Group Co's current Goodwill-to-Asset is 0.00. Overall, SPARX Group Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPARX Group Co's Goodwill-to-Asset compare to BLK and BX?
SPARX Group Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Goodwill-to-Asset depends on the Asset Management 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 SPARX Group Co and its competitors. SPARX Group Co's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARX Group Co stock overvalued right now?
Based on GuruFocus' analysis, SPARX Group Co (TSE:8739) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,039.75, compared to a current price of 円2,648.00 — trading 29.8% above its estimated fair value. The current Goodwill-to-Asset is 0.00. SPARX Group Co's overall GF Score™ is 89/100 with 6 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 SPARX Group Co (TSE:8739), the current Goodwill-to-Asset is 0.00 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 SPARX Group Co (TSE:8739) Overvalued in 2026?
Based on GuruFocus' analysis, SPARX Group Co stock appears to be overvalued.
The current stock price of 円2,648.00 is trading 29.8% above its estimated GF Value™ of 円2,039.75.
GuruFocus considers SPARX Group Co to be Modestly Overvalued.
Key valuation signals for TSE:8739:
Goodwill-to-Asset: 0.00
GF Value™: 円2,039.75 vs. price of 円2,648.00 (29.8% above fair value)
No single metric tells the full story. See the TSE:8739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
89GF Score
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