Stepchange Holdings (ASX:STH) Intangible Assets: A$23.42 Mil (As of Dec. 2025)

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ASX:STH Stepchange Holdings Ltd ASX:STH
17 GF Score
Price A$0.12
! 1 Warning Sign
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What is Stepchange Holdings Intangible Assets?

Stepchange Holdings ASX:STH 17 Intangible Assets is A$23.42 Mil as of Dec. 2025. GuruFocus rates ASX:STH with a GF Score™ of 17/100. The stock has 1 warning sign investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Stepchange Holdings's intangible assets for the quarter that ended in Dec. 2025 was A$23.42 Mil.

Stepchange Holdings  (ASX:STH) 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.

Stepchange Holdings Intangible Assets Related Terms

Stepchange Holdings Intangible Assets Historical Data

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The historical data trend for Stepchange Holdings'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.

Stepchange Holdings Intangible Assets Chart

Stepchange Holdings Annual Data
Trend Jun22 Jun23
Intangible Assets
0.29 0.29

Stepchange Holdings Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Dec25
Intangible Assets Get a 7-Day Free Trial 0.29 0.00 0.29 23.04 23.42
ASX:STH
17GF Score
Stepchange Holdings Ltd ASX:STH
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Stepchange Holdings 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 A$23.42 Mil mean?
Stepchange Holdings (ASX:STH) has a Intangible Assets of A$23.42 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Stepchange Holdings and its competitors.
Is Stepchange Holdings' Intangible Assets too high?
Stepchange Holdings' current Intangible Assets is A$23.42 Mil. Overall, Stepchange Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Stepchange Holdings' Intangible Assets compare to UBER and SHOP?
Stepchange Holdings' Intangible Assets of A$23.42 Mil can be compared against companies in the Software 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 a Software company?
A good Intangible Assets depends on the Software 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 Stepchange Holdings and its competitors. Stepchange Holdings's current Intangible Assets is A$23.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stepchange Holdings stock overvalued right now?
Stepchange Holdings (ASX:STH) has a current Intangible Assets of A$23.42 Mil. The current Intangible Assets is A$23.42 Mil. Stepchange Holdings' overall GF Score™ is 17/100 with 1 warning sign 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 Stepchange Holdings (ASX:STH), the current Intangible Assets is A$23.42 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.

Stepchange Holdings Business Description

Address c/- MPH Lawyers, 580 Hay Street, Suite 183, Level 6, Perth, WA, AUS, 6000
Stepchange Holdings Ltd is engaged in providing software services. It delivers end-to-end SAP ERP and digital transformation service. Its services include: Strategic Alignment and Execution; Program and Project Management; Change Management; and Business Analysis.
17GF Score

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

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