Northern Data AG (CHIX:NB2D) Intangible Assets: €22.91 Mil (As of Dec. 2025)

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CHIX:NB2D Northern Data AG CHIX:NB2D
49 GF Score
Price €47.53
GF Value €49.92
! 8 Warning Signs
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What is Northern Data AG Intangible Assets?

Northern Data AG CHIX:NB2D 49 Intangible Assets is €22.91 Mil as of Dec. 2025. GuruFocus rates CHIX:NB2D with a GF Score™ of 49/100 and a GF Value™ of €49.92. The stock has 8 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Northern Data AG's intangible assets for the quarter that ended in Dec. 2025 was €22.91 Mil.


Northern Data AG  (CHIX:NB2d) 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.


Northern Data AG Intangible Assets Related Terms


Northern Data AG Intangible Assets Historical Data

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The historical data trend for Northern Data AG'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.

Northern Data AG Intangible Assets Chart

Northern Data AG 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 85.64 15.14 17.15 36.69 22.91

Northern Data AG Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.64 15.14 17.15 36.69 22.91
CHIX:NB2D
49GF Score
Northern Data AG CHIX:NB2D
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Data AG 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 €22.91 Mil mean?
Northern Data AG (CHIX:NB2D) has a Intangible Assets of €22.91 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Northern Data AG and its competitors.
Is Northern Data AG's Intangible Assets too high?
Northern Data AG's current Intangible Assets is €22.91 Mil. Overall, Northern Data AG has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's Intangible Assets compare to IBM and ACN?
Northern Data AG's Intangible Assets of €22.91 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 Northern Data AG and its competitors. Northern Data AG's current Intangible Assets is €22.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Northern Data AG (CHIX:NB2D) has a current Intangible Assets of €22.91 Mil. The stock's GF Value™ is €49.92, compared to a current price of €47.53 — trading 4.8% below its estimated fair value. The current Intangible Assets is €22.91 Mil. Northern Data AG's overall GF Score™ is 49/100 with 8 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 Northern Data AG (CHIX:NB2D), the current Intangible Assets is €22.91 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 Northern Data AG (CHIX:NB2D) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued. The current stock price of €47.53 is trading 4.8% below its estimated GF Value™ of €49.92.

Key valuation signals for CHIX:NB2D:

  • Intangible Assets: €22.91 Mil
  • GF Value™: €49.92 vs. price of €47.53 (4.8% below fair value)
  • GF Score™: 49/100 with 8 warning signs

No single metric tells the full story. See the CHIX:NB2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Data AG Business Description

Address An der Welle 3, Frankfurt, HE, DEU, 60322
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
49GF Score

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

€47.53
Price
€49.92
GF Value