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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Zehnder Group AG's Goodwill for the quarter that ended in Jun. 2026 was CHF0.0 Mil. Zehnder Group AG's Total Assets for the quarter that ended in Jun. 2026 was CHF452.9 Mil.
Therefore, Zehnder Group AG's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Zehnder Group AG (XSWX:ZEHN) 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.
Zehnder Group AG Goodwill-to-Asset Related Terms
Zehnder Group AG Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Zehnder Group AG'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.
XSWX:ZEHN vs TT, JCI, CARR: Goodwill-to-Asset Comparison
For the Building Products & Equipment subindustry, Zehnder Group AG'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.
Zehnder Group AG Goodwill-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Zehnder Group AG's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Zehnder Group AG'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.
Zehnder Group AG (XSWX:ZEHN) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Zehnder Group AG and its competitors.
Is Zehnder Group AG's Goodwill-to-Asset too high?
Zehnder Group AG's current Goodwill-to-Asset is 0.00. Overall, Zehnder Group AG has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zehnder Group AG's Goodwill-to-Asset compare to TT and JCI?
Zehnder Group AG's Goodwill-to-Asset of 0.00 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 Zehnder Group AG and its competitors. Zehnder Group AG'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 Zehnder Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zehnder Group AG (XSWX:ZEHN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF58.01, compared to a current price of CHF71.50 — trading 23.3% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Zehnder Group AG's overall GF Score™ is 74/100 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 Zehnder Group AG (XSWX:ZEHN), the current Goodwill-to-Asset is 0.00 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 Zehnder Group AG (XSWX:ZEHN) Overvalued in 2026?
Based on GuruFocus' analysis, Zehnder Group AG stock appears to be overvalued.
The current stock price of CHF71.50 is trading 23.3% above its estimated GF Value™ of CHF58.01.
GuruFocus considers Zehnder Group AG to be Modestly Overvalued.
Key valuation signals for XSWX:ZEHN:
Goodwill-to-Asset: 0.00
GF Value™: CHF58.01 vs. price of CHF71.50 (23.3% above fair value)
No single metric tells the full story. See the XSWX:ZEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zehnder Group AG is a Swiss manufacturer of indoor climate systems, headquartered in Gränichen, Switzerland. The company operates through two segments: Ventilation and Radiators. The Ventilation segment offers residential and commercial ventilation units, heat exchangers, and clean air solutions, while the Radiators segment produces radiators and climate ceilings, including heating and cooling panels. Its products serve residential, commercial, and industrial customers, including builders, architects, installers, and HVAC contractors. Zehnder operates manufacturing facilities and sales companies across Europe, China, and North America, with the majority of revenue generated in Europe. The company sells under brands such as Zehnder, Paul, and Runtal, and generates revenue primarily through the sale of its products via distributors, wholesalers, and direct channels.
74GF Score
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