Note AB (CHIX:NOTES) Intangible Assets: kr1,590 Mil (As of Jun. 2026)

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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.
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CHIX:NOTES Note AB CHIX:NOTES
96 GF Score
Price kr145.10
GF Value kr168.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Note AB Intangible Assets?

Note AB CHIX:NOTES 96 Intangible Assets is kr1,590 Mil as of Jun. 2026. GuruFocus rates CHIX:NOTES with a GF Score™ of 96/100 and a GF Value™ of kr168.77 (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. Note AB's intangible assets for the quarter that ended in Jun. 2026 was kr1,590 Mil.


Note AB  (CHIX:NOTEs) 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.


Note AB Intangible Assets Related Terms


Note AB Intangible Assets Historical Data

* Premium members only.

The historical data trend for Note AB'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.

Note AB Intangible Assets Chart

Note AB 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 176.38 200.26 310.86 326.88 717.56

Note AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 323.00 322.00 717.56 1,570.00 1,590.00
CHIX:NOTES
96GF Score
Note AB CHIX:NOTES
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Note AB 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 kr1,590 Mil mean?
Note AB (CHIX:NOTES) has a Intangible Assets of kr1,590 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Note AB and its competitors.
Is Note AB's Intangible Assets too high?
Note AB's current Intangible Assets is kr1,590 Mil. Overall, Note AB has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Note AB's Intangible Assets compare to APH and GLW?
Note AB's Intangible Assets of kr1,590 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Intangible Assets depends on the Hardware 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 Note AB and its competitors. Note AB's current Intangible Assets is kr1,590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note AB stock overvalued right now?
Based on GuruFocus' analysis, Note AB (CHIX:NOTES) is currently considered Modestly Undervalued. The stock's GF Value™ is kr168.77, compared to a current price of kr145.10 — trading 14% below its estimated fair value. The current Intangible Assets is kr1,590 Mil. Note AB's overall GF Score™ is 96/100 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 Note AB (CHIX:NOTES), the current Intangible Assets is kr1,590 Mil as of Jun. 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 Note AB (CHIX:NOTES) Overvalued in 2026?

Based on GuruFocus' analysis, Note AB stock appears to be undervalued. The current stock price of kr145.10 is trading 14% below its estimated GF Value™ of kr168.77. GuruFocus considers Note AB to be Modestly Undervalued.

Key valuation signals for CHIX:NOTES:

  • Intangible Assets: kr1,590 Mil
  • GF Value™: kr168.77 vs. price of kr145.10 (14% below fair value)
  • GF Score™: 96/100 with 4 warning signs

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


Note AB Business Description

Address Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
96GF Score

Get the complete analysis for CHIX:NOTES

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

kr145.10
Price
kr168.77
GF Value