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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. International Flavors & Fragrances's intangible assets for the quarter that ended in Jun. 2026 was €10,309 Mil.
International Flavors & Fragrances (MIL:1IFF) 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.
International Flavors & Fragrances Intangible Assets Related Terms
International Flavors & Fragrances 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.
International Flavors & Fragrances Intangible Assets Chart
International Flavors & Fragrances 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.
What does a Intangible Assets of €10,309 Mil mean?
International Flavors & Fragrances (MIL:1IFF) has a Intangible Assets of €10,309 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on International Flavors & Fragrances and its competitors.
Is International Flavors & Fragrances' Intangible Assets too high?
International Flavors & Fragrances' current Intangible Assets is €10,309 Mil. Overall, International Flavors & Fragrances has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' Intangible Assets compare to LYB and DD?
International Flavors & Fragrances' Intangible Assets of €10,309 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Intangible Assets depends on the Chemicals 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 International Flavors & Fragrances and its competitors. International Flavors & Fragrances's current Intangible Assets is €10,309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Flavors & Fragrances stock overvalued right now?
Based on GuruFocus' analysis, International Flavors & Fragrances (MIL:1IFF) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.60, compared to a current price of €68.12 — trading 32% above its estimated fair value. The current Intangible Assets is €10,309 Mil. International Flavors & Fragrances' overall GF Score™ is 40/100 with 9 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 International Flavors & Fragrances (MIL:1IFF), the current Intangible Assets is €10,309 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 International Flavors & Fragrances (MIL:1IFF) Overvalued in 2026?
Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued.
The current stock price of €68.12 is trading 32% above its estimated GF Value™ of €51.60.
GuruFocus considers International Flavors & Fragrances to be Significantly Overvalued.
Key valuation signals for MIL:1IFF:
Intangible Assets: €10,309 Mil
GF Value™: €51.60 vs. price of €68.12 (32% above fair value)
No single metric tells the full story. See the MIL:1IFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations and partners with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrance producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest it in a deal expected to close in 2027.
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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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