CADNF (Cascades) Intangible Assets: $383 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.

CADNF Cascades Inc CADNF
60 GF Score
Price $8.41
GF Value $148.41
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Cascades Intangible Assets?

Cascades CADNF 60 Intangible Assets is $383 Mil as of Mar. 2026. GuruFocus rates CADNF with a GF Score™ of 60/100 and a GF Value™ of $148.41 (Possible Value Trap). 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. Cascades's intangible assets for the quarter that ended in Mar. 2026 was $383 Mil.


Cascades  (OTCPK:CADNF) 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.


Cascades Intangible Assets Related Terms


Cascades Intangible Assets Historical Data

* Premium members only.

The historical data trend for Cascades'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.

Cascades Intangible Assets Chart

Cascades 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 438.28 412.96 400.27 382.54 377.67

Cascades 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 378.24 383.38 381.67 377.67 382.65
CADNF
60GF Score
Cascades Inc CADNF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cascades 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 $383 Mil mean?
Cascades (CADNF) has a Intangible Assets of $383 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Cascades and its competitors.
Is Cascades' Intangible Assets too high?
Cascades' current Intangible Assets is $383 Mil. Overall, Cascades has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Intangible Assets compare to SW and PKG?
Cascades' Intangible Assets of $383 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Intangible Assets depends on the Packaging & Containers 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 Cascades and its competitors. Cascades's current Intangible Assets is $383 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cascades stock overvalued right now?
Based on GuruFocus' analysis, Cascades (CADNF) is currently considered Possible Value Trap. The stock's GF Value™ is $148.41, compared to a current price of $8.41 — trading 94.3% below its estimated fair value. The current Intangible Assets is $383 Mil. Cascades' overall GF Score™ is 60/100 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 Cascades (CADNF), the current Intangible Assets is $383 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 Cascades (CADNF) Overvalued in 2026?

Based on GuruFocus' analysis, Cascades stock appears to be undervalued. The current stock price of $8.41 is trading 94.3% below its estimated GF Value™ of $148.41. GuruFocus considers Cascades to be Possible Value Trap.

Key valuation signals for CADNF:

  • Intangible Assets: $383 Mil
  • GF Value™: $148.41 vs. price of $8.41 (94.3% below fair value)
  • GF Score™: 60/100 with 1 warning sign

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


Cascades Business Description

Other Exchanges CS6:GermanyCAS:Canada
Address 404 Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, the accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into two main business segments: Packaging Products and Tissue Papers. A majority of its revenue is generated from the Packaging Product segment. Geographically, the company generates the majority of its revenue from the operations located in Canada.
60GF Score

Get the complete analysis for CADNF

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

$8.41
Price
$148.41
GF Value