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.
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.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. New Oriental Education & Technology Group's intangible assets for the quarter that ended in May. 2026 was $112 Mil.
New Oriental Education & Technology Group (NYSE:EDU) 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.
New Oriental Education & Technology Group Intangible Assets Related Terms
New Oriental Education & Technology Group 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.
New Oriental Education & Technology Group Intangible Assets Chart
New Oriental Education & Technology Group Annual Data
New Oriental Education & Technology Group 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.
New Oriental Education & Technology Group (EDU) has a Intangible Assets of $112 Mil as of May. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on New Oriental Education & Technology Group and its competitors.
Is New Oriental Education & Technology Group's Intangible Assets too high?
New Oriental Education & Technology Group's current Intangible Assets is $112 Mil. Overall, New Oriental Education & Technology Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Oriental Education & Technology Group's Intangible Assets compare to TAL and LAUR?
New Oriental Education & Technology Group's Intangible Assets of $112 Mil can be compared against companies in the Education 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 an Education company?
A good Intangible Assets depends on the Education 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 New Oriental Education & Technology Group and its competitors. New Oriental Education & Technology Group's current Intangible Assets is $112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Education & Technology Group stock overvalued right now?
Based on GuruFocus' analysis, New Oriental Education & Technology Group (EDU) is currently considered Modestly Undervalued. The stock's GF Value™ is $75.25, compared to a current price of $57.70 — trading 23.3% below its estimated fair value. The current Intangible Assets is $112 Mil. New Oriental Education & Technology Group's overall GF Score™ is 84/100 with 3 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 New Oriental Education & Technology Group (EDU), the current Intangible Assets is $112 Mil as of May. 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 New Oriental Education & Technology Group (EDU) Overvalued in 2026?
Based on GuruFocus' analysis, New Oriental Education & Technology Group stock appears to be undervalued.
The current stock price of $57.70 is trading 23.3% below its estimated GF Value™ of $75.25.
GuruFocus considers New Oriental Education & Technology Group to be Modestly Undervalued.
Key valuation signals for EDU:
Intangible Assets: $112 Mil
GF Value™: $75.25 vs. price of $57.70 (23.3% below fair value)
No single metric tells the full story. See the EDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Oriental Education & Technology is a prominent private education provider in China, offering a wide array of educational services. These include overseas test preparation and consulting services, high school academic tutoring, nonacademic tutoring, and intelligent learning systems and devices. Additionally, the company holds a 57% ownership stake in East Buy, a leading player in the livestreaming e-commerce market.
84GF Score
Get the complete analysis for EDU
Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EDU has been successfully added to your 
