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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Wilson Bayly Holmes-Ovcon's intangible assets for the quarter that ended in Dec. 2025 was R489 Mil.
Wilson Bayly Holmes-Ovcon (JSE:WBO) 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.
Wilson Bayly Holmes-Ovcon Intangible Assets Related Terms
Wilson Bayly Holmes-Ovcon Intangible Assets Historical Data
* 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.
Wilson Bayly Holmes-Ovcon 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.
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Intangible Assets of R489 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Wilson Bayly Holmes-Ovcon and its competitors.
Is Wilson Bayly Holmes-Ovcon's Intangible Assets too high?
Wilson Bayly Holmes-Ovcon's current Intangible Assets is R489 Mil. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Intangible Assets compare to PWR and FIX?
Wilson Bayly Holmes-Ovcon's Intangible Assets of R489 Mil can be compared against companies in the Construction 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 Construction company?
A good Intangible Assets depends on the Construction 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 Wilson Bayly Holmes-Ovcon and its competitors. Wilson Bayly Holmes-Ovcon's current Intangible Assets is R489 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Modestly Undervalued. The stock's GF Value™ is R169.76, compared to a current price of R136.20 — trading 19.8% below its estimated fair value. The current Intangible Assets is R489 Mil. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 81/100 with 2 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Intangible Assets is R489 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be undervalued.
The current stock price of R136.20 is trading 19.8% below its estimated GF Value™ of R169.76.
GuruFocus considers Wilson Bayly Holmes-Ovcon to be Modestly Undervalued.
Key valuation signals for JSE:WBO:
Intangible Assets: R489 Mil
GF Value™: R169.76 vs. price of R136.20 (19.8% below fair value)
No single metric tells the full story. See the JSE:WBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
81GF 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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