Daido Metal Co (FRA:69L) Intangible Assets: €38.2 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:69L Daido Metal Co Ltd FRA:69L
75 GF Score
Price €6.40
GF Value €3.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Daido Metal Co Intangible Assets?

Daido Metal Co FRA:69L -0.78% 75 Intangible Assets is €38.2 Mil as of Jun. 2026. GuruFocus rates FRA:69L with a GF Score™ of 75/100 and a GF Value™ of €3.48 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Daido Metal Co's intangible assets for the quarter that ended in Jun. 2026 was €38.2 Mil.


Daido Metal Co  (FRA:69L) 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.


Daido Metal Co Intangible Assets Related Terms


Daido Metal Co Intangible Assets Historical Data

* Premium members only.

The historical data trend for Daido Metal Co'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.

Daido Metal Co Intangible Assets Chart

Daido Metal Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.04 73.43 57.63 52.02 39.47

Daido Metal Co 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 48.01 44.04 41.34 39.47 38.16
FRA:69L
75GF Score
Daido Metal Co Ltd FRA:69L
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daido Metal Co 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 €38.2 Mil mean?
Daido Metal Co (FRA:69L) has a Intangible Assets of €38.2 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Daido Metal Co and its competitors.
Is Daido Metal Co's Intangible Assets too high?
Daido Metal Co's current Intangible Assets is €38.2 Mil. Overall, Daido Metal Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daido Metal Co's Intangible Assets compare to ORLY and AZO?
Daido Metal Co's Intangible Assets of €38.2 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Intangible Assets depends on the Vehicles & Parts 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 Daido Metal Co and its competitors. Daido Metal Co's current Intangible Assets is €38.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Metal Co stock overvalued right now?
Based on GuruFocus' analysis, Daido Metal Co (FRA:69L) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.48, compared to a current price of €6.40 — trading 83.9% above its estimated fair value. The current Intangible Assets is €38.2 Mil. Daido Metal Co's overall GF Score™ is 75/100 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 Daido Metal Co (FRA:69L), the current Intangible Assets is €38.2 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 Daido Metal Co (FRA:69L) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Metal Co stock appears to be overvalued. The current stock price of €6.40 is trading 83.9% above its estimated GF Value™ of €3.48. GuruFocus considers Daido Metal Co to be Significantly Overvalued.

Key valuation signals for FRA:69L:

  • Intangible Assets: €38.2 Mil
  • GF Value™: €3.48 vs. price of €6.40 (83.9% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the FRA:69L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daido Metal Co Business Description

Other Exchanges 7245:Japan
Address 17th Floor, Tennozu Central Tower 2-2-24, Higashi Shinagawa, Shinagawa-Ku, Tokyo, JPN, 140-0002
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.
75GF Score

Get the complete analysis for FRA:69L

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

€6.40
Price
€3.48
GF Value