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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pinnacle West Capital's intangible assets for the quarter that ended in Jun. 2026 was €465 Mil.
Pinnacle West Capital (FRA:PWC) 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.
Pinnacle West Capital Intangible Assets Related Terms
Pinnacle West Capital Intangible Assets Historical Data
* Premium members only.
The historical data trend for Pinnacle West Capital'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.
Pinnacle West Capital 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.
Pinnacle West Capital (FRA:PWC) has a Intangible Assets of €465 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Pinnacle West Capital and its competitors.
Is Pinnacle West Capital's Intangible Assets too high?
Pinnacle West Capital's current Intangible Assets is €465 Mil. Overall, Pinnacle West Capital has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle West Capital's Intangible Assets compare to OGE and IDA?
Pinnacle West Capital's Intangible Assets of €465 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Intangible Assets depends on the Utilities - Regulated 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 Pinnacle West Capital and its competitors. Pinnacle West Capital's current Intangible Assets is €465 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle West Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle West Capital (FRA:PWC) is currently considered Fairly Valued. The stock's GF Value™ is €80.28, compared to a current price of €86.82 — trading 8.1% above its estimated fair value. The current Intangible Assets is €465 Mil. Pinnacle West Capital's overall GF Score™ is 82/100 with 15 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 Pinnacle West Capital (FRA:PWC), the current Intangible Assets is €465 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 Pinnacle West Capital (FRA:PWC) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle West Capital stock appears to be overvalued.
The current stock price of €86.82 is trading 8.1% above its estimated GF Value™ of €80.28.
GuruFocus considers Pinnacle West Capital to be Fairly Valued.
Key valuation signals for FRA:PWC:
Intangible Assets: €465 Mil
GF Value™: €80.28 vs. price of €86.82 (8.1% above fair value)
No single metric tells the full story. See the FRA:PWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
82GF 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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