AMIGF (Admiral Group) Intangible Assets: $439 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

AMIGF Admiral Group PLC AMIGF
84 GF Score
Price $50.20
GF Value $50.32
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Admiral Group Intangible Assets?

Admiral Group AMIGF 84 Intangible Assets is $439 Mil as of Dec. 2025. GuruFocus rates AMIGF with a GF Score™ of 84/100 and a GF Value™ of $50.32 (Fairly Valued). The stock has 6 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Admiral Group's intangible assets for the quarter that ended in Dec. 2025 was $439 Mil.

Admiral Group  (OTCPK:AMIGF) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Admiral Group Intangible Assets Related Terms

Admiral Group Intangible Assets Historical Data

* Premium members only.

The historical data trend for Admiral Group's Intangible Assets 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.

Admiral Group Intangible Assets Chart

Admiral Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.73 265.04 307.47 405.82 438.55

Admiral Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intangible Assets 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 307.47 427.10 405.82 436.23 438.55
AMIGF
84GF Score
Admiral Group PLC AMIGF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Admiral Group Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $439 Mil mean?
Admiral Group (AMIGF) has a Intangible Assets of $439 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Admiral Group and its competitors.
Is Admiral Group's Intangible Assets too high?
Admiral Group's current Intangible Assets is $439 Mil. Overall, Admiral Group has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Admiral Group's Intangible Assets compare to CB and PGR?
Admiral Group's Intangible Assets of $439 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Insurance company?
A good Intangible Assets depends on the Insurance industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Admiral Group and its competitors. Admiral Group's current Intangible Assets is $439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Admiral Group stock overvalued right now?
Based on GuruFocus' analysis, Admiral Group (AMIGF) is currently considered Fairly Valued. The stock's GF Value™ is $50.32, compared to a current price of $50.20 — trading 0.2% below its estimated fair value. The current Intangible Assets is $439 Mil. Admiral Group's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Admiral Group (AMIGF), the current Intangible Assets is $439 Mil 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 Admiral Group (AMIGF) Overvalued in 2026?

Based on GuruFocus' analysis, Admiral Group stock appears to be undervalued. The current stock price of $50.20 is trading 0.2% below its estimated GF Value™ of $50.32. GuruFocus considers Admiral Group to be Fairly Valued.

Key valuation signals for AMIGF:

  • Intangible Assets: $439 Mil
  • GF Value™: $50.32 vs. price of $50.20 (0.2% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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

Admiral Group Business Description

Address David Street, Ty Admiral, Cardiff, GBR, CF10 2EH
Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. The company also has a nascent but growing UK home insurance division. The company was established in 1993 to sell nonstandard risk motor insurance. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its nonstandard risks perimeter.
84GF Score

Get the complete analysis for AMIGF

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

$50.20
Price
$50.32
GF Value