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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Scandinavian Tobacco Group AS's intangible assets for the quarter that ended in Mar. 2026 was kr8,708 Mil.
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
Scandinavian Tobacco Group AS Intangible Assets Related Terms
Scandinavian Tobacco Group AS Intangible Assets Historical Data
* 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.
Scandinavian Tobacco Group AS Intangible Assets Chart
Scandinavian Tobacco Group AS 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.
What does a Intangible Assets of kr8,708 Mil mean?
Scandinavian Tobacco Group AS (CHIX:STGC) has a Intangible Assets of kr8,708 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Scandinavian Tobacco Group AS and its competitors.
Is Scandinavian Tobacco Group AS's Intangible Assets too high?
Scandinavian Tobacco Group AS's current Intangible Assets is kr8,708 Mil. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Intangible Assets compare to PM and MO?
Scandinavian Tobacco Group AS's Intangible Assets of kr8,708 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Intangible Assets depends on the Tobacco Products 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 Scandinavian Tobacco Group AS and its competitors. Scandinavian Tobacco Group AS's current Intangible Assets is kr8,708 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current Intangible Assets of kr8,708 Mil. The stock's GF Value™ is kr106.62, compared to a current price of kr66.80 — trading 37.3% below its estimated fair value. The current Intangible Assets is kr8,708 Mil. Scandinavian Tobacco Group AS's overall GF Score™ is 64/100 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Intangible Assets is kr8,708 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 37.3% below its estimated GF Value™ of kr106.62.
Key valuation signals for CHIX:STGC:
Intangible Assets: kr8,708 Mil
GF Value™: kr106.62 vs. price of kr66.80 (37.3% below fair value)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
64GF 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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