Zero Co (TSE:9028) Goodwill-to-Asset: (As of Jun. 2026)

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TSE:9028 Zero Co Ltd TSE:9028
89 GF Score
Price 円3,310.00
GF Value 円2,813.41
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zero Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Zero Co's Goodwill for the quarter that ended in Jun. 2026 was 円 Mil. Zero Co's Total Assets for the quarter that ended in Jun. 2026 was 円77,184 Mil. Therefore, Zero Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was .


Zero Co  (TSE:9028) 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.


Zero Co Goodwill-to-Asset Related Terms


Zero Co Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co Goodwill-to-Asset Chart

Zero Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.03 -

Zero Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.03 0.00 - - -

TSE:9028 vs CVNA, PAG, ALTB: Goodwill-to-Asset Comparison

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co Goodwill-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Goodwill-to-Asset distribution charts can be found below:

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


TSE:9028
89GF Score
Zero Co Ltd TSE:9028
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero Co 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.

Zero Co's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Goodwill to Asset (A: Jun. 2026 )=Goodwill/Total Assets
=/77184
=0.00

Zero Co's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=/77184
=0.00

* 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.

Is Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,310.00 is trading 17.7% above its estimated GF Value™ of 円2,813.41. GuruFocus considers Zero Co to be Modestly Overvalued.

Key valuation signals for TSE:9028:

  • Goodwill-to-Asset:
  • GF Value™: 円2,813.41 vs. price of 円3,310.00 (17.7% above fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
89GF Score

Get the complete analysis for TSE:9028

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

円3,310.00
Price
円2,813.41
GF Value