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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. BGC Group's intangible assets for the quarter that ended in Mar. 2026 was $1,067 Mil.
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.
BGC Group Intangible Assets Related Terms
BGC Group Intangible Assets Historical Data
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The historical data trend for BGC 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.
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.
BGC Group (BGC) has a Intangible Assets of $1,067 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on BGC Group and its competitors.
Is BGC Group's Intangible Assets too high?
BGC Group's current Intangible Assets is $1,067 Mil. Overall, BGC Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's Intangible Assets compare to VIRT and PIPR?
BGC Group's Intangible Assets of $1,067 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Intangible Assets depends on the Capital Markets 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 BGC Group and its competitors. BGC Group's current Intangible Assets is $1,067 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (BGC) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.75, compared to a current price of $10.51 — trading 17.6% below its estimated fair value. The current Intangible Assets is $1,067 Mil. BGC Group's overall GF Score™ is 75/100 with 5 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 BGC Group (BGC), the current Intangible Assets is $1,067 Mil as of Mar. 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 BGC Group (BGC) Overvalued in 2026?
Based on GuruFocus' analysis, BGC Group stock appears to be undervalued.
The current stock price of $10.51 is trading 17.6% below its estimated GF Value™ of $12.75.
GuruFocus considers BGC Group to be Modestly Undervalued.
Key valuation signals for BGC:
Intangible Assets: $1,067 Mil
GF Value™: $12.75 vs. price of $10.51 (17.6% below fair value)
No single metric tells the full story. See the BGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
75GF 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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