Entain (WBO:GVC) Goodwill-to-Asset: 0.40 (As of Dec. 2025)

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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.

WBO:GVC Entain PLC WBO:GVC
42 GF Score
Price €6.33
GF Value €9.93
Valuation Possible Value Trap
! 10 Warning Signs
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What is Entain Goodwill-to-Asset?

Entain WBO:GVC +2.06% 42 Goodwill-to-Asset is 0.40 as of Dec. 2025. GuruFocus rates WBO:GVC with a GF Score™ of 42/100 and a GF Value™ of €9.93 (Possible Value Trap). The stock has 10 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. Entain's Goodwill for the quarter that ended in Dec. 2025 was €4,280 Mil. Entain's Total Assets for the quarter that ended in Dec. 2025 was €10,742 Mil. Therefore, Entain's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.40.


Entain  (WBO:GVC) 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.


Entain Goodwill-to-Asset Related Terms


Entain Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Entain'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.

Entain Goodwill-to-Asset Chart

Entain 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 0.44 0.46 0.44 0.41 0.40

Entain 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 0.44 0.43 0.41 0.42 0.40

WBO:GVC vs FLUT, DKNG, SGHC: Goodwill-to-Asset Comparison

For the Gambling subindustry, Entain'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.


Entain Goodwill-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Entain's Goodwill-to-Asset distribution charts can be found below:

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


WBO:GVC
42GF Score
Entain PLC WBO:GVC
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Entain 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.

Entain'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
=4280.061/10742.222
=0.40

Entain'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
=4280.061/10742.222
=0.40

* 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 0.40 mean?
Entain (WBO:GVC) has a Goodwill-to-Asset of 0.40 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Entain and its competitors.
Is Entain's Goodwill-to-Asset too high?
Entain's current Goodwill-to-Asset is 0.40. Overall, Entain has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Entain's Goodwill-to-Asset compare to FLUT and DKNG?
Entain's Goodwill-to-Asset of 0.40 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Goodwill-to-Asset depends on the Travel & Leisure 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 Entain and its competitors. Entain's current Goodwill-to-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Entain stock overvalued right now?
Based on GuruFocus' analysis, Entain (WBO:GVC) is currently considered Possible Value Trap. The stock's GF Value™ is €9.93, compared to a current price of €6.33 — trading 36.3% below its estimated fair value. The current Goodwill-to-Asset is 0.40. Entain's overall GF Score™ is 42/100 with 10 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 Entain (WBO:GVC), the current Goodwill-to-Asset is 0.40 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 Entain (WBO:GVC) Overvalued in 2026?

Based on GuruFocus' analysis, Entain stock appears to be undervalued. The current stock price of €6.33 is trading 36.3% below its estimated GF Value™ of €9.93. GuruFocus considers Entain to be Possible Value Trap.

Key valuation signals for WBO:GVC:

  • Goodwill-to-Asset: 0.40
  • GF Value™: €9.93 vs. price of €6.33 (36.3% below fair value)
  • GF Score™: 42/100 with 10 warning signs

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


Entain Business Description

Address 25 Charterhouse Square, London, GBR, EC1M 6AE
Entain PLC is a sports betting and gaming company operating online and in the retail sector. It has Four segments; UK&I: which comprises betting, gaming, and retail activities from online and mobile operations, and activities in the shop estates within Great Britain, Northern Ireland, Jersey, and the Republic of Ireland; International: which comprises betting, gaming, and retail activities in the shop estates in the rest of the world apart from UK&I and CEE; CEE: comprises betting, gaming and retail activities in Croatia and Poland for brands SuperSport and STS; Corporate: includes costs associated with Group functions including Group executive, legal, Group finance, U.S. joint venture, tax, and treasury.
42GF Score

Get the complete analysis for WBO:GVC

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

€6.33
Price
€9.93
GF Value