Frasle Mobility (BSP:FRAS3) Intangible Assets: R$1,776 Mil (As of Mar. 2026)

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.

BSP:FRAS3 Frasle Mobility SA BSP:FRAS3
81 GF Score
Price R$20.70
GF Value R$25.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Frasle Mobility Intangible Assets?

Frasle Mobility BSP:FRAS3 -1.80% 81 Intangible Assets is R$1,776 Mil as of Mar. 2026. GuruFocus rates BSP:FRAS3 with a GF Score™ of 81/100 and a GF Value™ of R$25.83 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Frasle Mobility's intangible assets for the quarter that ended in Mar. 2026 was R$1,776 Mil.


Frasle Mobility  (BSP:FRAS3) 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.


Frasle Mobility Intangible Assets Related Terms


Frasle Mobility Intangible Assets Historical Data

* Premium members only.

The historical data trend for Frasle Mobility'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.

Frasle Mobility Intangible Assets Chart

Frasle Mobility 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 498.76 474.14 554.56 586.86 1,874.55

Frasle Mobility Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,822.00 1,844.95 1,811.49 1,874.55 1,775.75
BSP:FRAS3
81GF Score
Frasle Mobility SA BSP:FRAS3
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasle Mobility 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 R$1,776 Mil mean?
Frasle Mobility (BSP:FRAS3) has a Intangible Assets of R$1,776 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Frasle Mobility and its competitors.
Is Frasle Mobility's Intangible Assets too high?
Frasle Mobility's current Intangible Assets is R$1,776 Mil. Overall, Frasle Mobility has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frasle Mobility's Intangible Assets compare to ORLY and AZO?
Frasle Mobility's Intangible Assets of R$1,776 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Intangible Assets depends on the Vehicles & Parts 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 Frasle Mobility and its competitors. Frasle Mobility's current Intangible Assets is R$1,776 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasle Mobility stock overvalued right now?
Based on GuruFocus' analysis, Frasle Mobility (BSP:FRAS3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$25.83, compared to a current price of R$20.70 — trading 19.9% below its estimated fair value. The current Intangible Assets is R$1,776 Mil. Frasle Mobility's overall GF Score™ is 81/100 with 4 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 Frasle Mobility (BSP:FRAS3), the current Intangible Assets is R$1,776 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 Frasle Mobility (BSP:FRAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Frasle Mobility stock appears to be undervalued. The current stock price of R$20.70 is trading 19.9% below its estimated GF Value™ of R$25.83. GuruFocus considers Frasle Mobility to be Modestly Undervalued.

Key valuation signals for BSP:FRAS3:

  • Intangible Assets: R$1,776 Mil
  • GF Value™: R$25.83 vs. price of R$20.70 (19.9% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the BSP:FRAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frasle Mobility Business Description

Address RS 122 - KM 66, No. 10945, Forqueta, Caxias Do Sul, RS, BRA, 95115-550
Frasle Mobility SA is engaged in manufacturing, marketing and import of components for brakes, couplings, transmissions, friction materials, resin-based products, auto parts, plastic artifacts and their derivative products. The company offers brake linings and pads for commercial vehicles; disc brake pads for hydraulic breaks for passenger and utility vehicles; brake linings and shoes for light vehicles; clutch facings for automotive vehicles; and motorcycle pads and shoes. It also provides aircraft pads; refitters; and pads and shoes for trains and subways, as well as universal flat sheets, molded and woven linings, and flexible molded blocks for industrial applications.
81GF Score

Get the complete analysis for BSP:FRAS3

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

R$20.70
Price
R$25.83
GF Value