Starwood Property Trust (FRA:VSP) Intangible Assets: €593.8 Mil (As of Mar. 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:VSP Starwood Property Trust Inc FRA:VSP
58 GF Score
Price €14.08
GF Value €12.02
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Starwood Property Trust Intangible Assets?

Starwood Property Trust FRA:VSP -3.10% 58 Intangible Assets is €593.8 Mil as of Mar. 2026. GuruFocus rates FRA:VSP with a GF Score™ of 58/100 and a GF Value™ of €12.02 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Starwood Property Trust's intangible assets for the quarter that ended in Mar. 2026 was €593.8 Mil.


Starwood Property Trust  (FRA:VSP) 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.


Starwood Property Trust Intangible Assets Related Terms


Starwood Property Trust Intangible Assets Historical Data

* Premium members only.

The historical data trend for Starwood Property Trust'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.

Starwood Property Trust Intangible Assets Chart

Starwood Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.22 310.22 297.85 306.13 594.30

Starwood Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 295.67 272.48 587.59 594.30 593.82
FRA:VSP
58GF Score
Starwood Property Trust Inc FRA:VSP
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starwood Property Trust 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 €593.8 Mil mean?
Starwood Property Trust (FRA:VSP) has a Intangible Assets of €593.8 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Starwood Property Trust and its competitors.
Is Starwood Property Trust's Intangible Assets too high?
Starwood Property Trust's current Intangible Assets is €593.8 Mil. Overall, Starwood Property Trust has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starwood Property Trust's Intangible Assets compare to RITM and DX?
Starwood Property Trust's Intangible Assets of €593.8 Mil can be compared against companies in the REITs 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 REITs company?
A good Intangible Assets depends on the REITs 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 Starwood Property Trust and its competitors. Starwood Property Trust's current Intangible Assets is €593.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starwood Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Starwood Property Trust (FRA:VSP) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.02, compared to a current price of €14.08 — trading 17.1% above its estimated fair value. The current Intangible Assets is €593.8 Mil. Starwood Property Trust's overall GF Score™ is 58/100 with 4 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 Starwood Property Trust (FRA:VSP), the current Intangible Assets is €593.8 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 Starwood Property Trust (FRA:VSP) Overvalued in 2026?

Based on GuruFocus' analysis, Starwood Property Trust stock appears to be overvalued. The current stock price of €14.08 is trading 17.1% above its estimated GF Value™ of €12.02. GuruFocus considers Starwood Property Trust to be Modestly Overvalued.

Key valuation signals for FRA:VSP:

  • Intangible Assets: €593.8 Mil
  • GF Value™: €12.02 vs. price of €14.08 (17.1% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Starwood Property Trust Business Description

Industry Real EstateREITs
Address 2340 Collins Avenue, Suite 700, Miami Beach, FL, USA, 33139
Starwood Property Trust Inc is a real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans, commercial mortgage-backed securities, and other real estate investments in the U.S., Australia, and Europe. The company has four reportable business segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing. The majority of its revenue is generated from the Commercial and Residential Lending segment, which engages mainly in originating, acquiring, financing, and managing commercial first mortgages, non-agency residential mortgages (residential loans), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), and other real estate and related debt investments.
58GF Score

Get the complete analysis for FRA:VSP

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

€14.08
Price
€12.02
GF Value