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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Viva Energy Group's intangible assets for the quarter that ended in Dec. 2025 was €1,014 Mil.
Viva Energy Group (FRA:2AH) 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.
Viva Energy Group Intangible Assets Related Terms
Viva Energy Group Intangible Assets Historical Data
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The historical data trend for Viva Energy Group'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.
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.
Viva Energy Group (FRA:2AH) has a Intangible Assets of €1,014 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Viva Energy Group and its competitors.
Is Viva Energy Group's Intangible Assets too high?
Viva Energy Group's current Intangible Assets is €1,014 Mil. Overall, Viva Energy Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Energy Group's Intangible Assets compare to MPC and VLO?
Viva Energy Group's Intangible Assets of €1,014 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Intangible Assets depends on the Oil & Gas 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 Viva Energy Group and its competitors. Viva Energy Group's current Intangible Assets is €1,014 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Viva Energy Group (FRA:2AH) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.75, compared to a current price of €1.57 — trading 10.3% below its estimated fair value. The current Intangible Assets is €1,014 Mil. Viva Energy Group's overall GF Score™ is 72/100 with 11 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 Viva Energy Group (FRA:2AH), the current Intangible Assets is €1,014 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 Viva Energy Group (FRA:2AH) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Energy Group stock appears to be undervalued.
The current stock price of €1.57 is trading 10.3% below its estimated GF Value™ of €1.75.
GuruFocus considers Viva Energy Group to be Modestly Undervalued.
Key valuation signals for FRA:2AH:
Intangible Assets: €1,014 Mil
GF Value™: €1.75 vs. price of €1.57 (10.3% below fair value)
No single metric tells the full story. See the FRA:2AH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.Viva acquired OTR Group in 2014 for AUD 1.2 billion bringing over 200 South Australian stores.
72GF 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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