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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Hilton Grand Vacations's intangible assets for the quarter that ended in Jun. 2026 was $3,578 Mil.
Hilton Grand Vacations (NYSE:HGV) 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.
Hilton Grand Vacations Intangible Assets Related Terms
Hilton Grand Vacations Intangible Assets Historical Data
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The historical data trend for Hilton Grand Vacations'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.
Hilton Grand Vacations 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.
Hilton Grand Vacations (HGV) has a Intangible Assets of $3,578 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Hilton Grand Vacations and its competitors.
Is Hilton Grand Vacations' Intangible Assets too high?
Hilton Grand Vacations' current Intangible Assets is $3,578 Mil. Overall, Hilton Grand Vacations has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hilton Grand Vacations' Intangible Assets compare to RRR and VAC?
Hilton Grand Vacations' Intangible Assets of $3,578 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Intangible Assets depends on the Travel & Leisure 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 Hilton Grand Vacations and its competitors. Hilton Grand Vacations's current Intangible Assets is $3,578 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilton Grand Vacations stock overvalued right now?
Based on GuruFocus' analysis, Hilton Grand Vacations (HGV) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.45, compared to a current price of $44.49 — trading 22.6% below its estimated fair value. The current Intangible Assets is $3,578 Mil. Hilton Grand Vacations' overall GF Score™ is 81/100 with 6 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 Hilton Grand Vacations (HGV), the current Intangible Assets is $3,578 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 Hilton Grand Vacations (HGV) Overvalued in 2026?
Based on GuruFocus' analysis, Hilton Grand Vacations stock appears to be undervalued.
The current stock price of $44.49 is trading 22.6% below its estimated GF Value™ of $57.45.
GuruFocus considers Hilton Grand Vacations to be Modestly Undervalued.
Key valuation signals for HGV:
Intangible Assets: $3,578 Mil
GF Value™: $57.45 vs. price of $44.49 (22.6% below fair value)
No single metric tells the full story. See the HGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing, and operating timeshare resorts and timeshare plans under the Hilton Grand Vacations brand. The company operates in two segments: Real estate sales and financing, and Resort operations and club management. The Real estate sales and financing segment generates revenue from VOI sales and consumer financing, including interest income from loans to members. The Resort operations and club management segment generates revenue from resort management services, club membership fees, and rental of available inventory. The majority of the company's revenue is earned through the Real estate sales and financing segment.
81GF Score
Get the complete analysis for HGV
Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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