TNC (Tennant Co) Intangible Assets: $257 Mil (As of Jun. 2026)

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TNC Tennant Co TNC
82 GF Score
Price $72.60
GF Value $89.74
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tennant Co Intangible Assets?

Tennant Co TNC -1.17% 82 Intangible Assets is $257 Mil as of Jun. 2026. GuruFocus rates TNC with a GF Score™ of 82/100 and a GF Value™ of $89.74 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Tennant Co's intangible assets for the quarter that ended in Jun. 2026 was $257 Mil.

Tennant Co  (NYSE:TNC) 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.

Tennant Co Intangible Assets Related Terms

Tennant Co Intangible Assets Historical Data

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The historical data trend for Tennant Co'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.

Tennant Co Intangible Assets Chart

Tennant Co 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 291.10 258.40 250.50 244.30 261.20

Tennant Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 265.40 264.20 261.20 262.40 256.90
TNC
82GF Score
Tennant Co TNC
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tennant Co 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 $257 Mil mean?
Tennant Co (TNC) has a Intangible Assets of $257 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Tennant Co and its competitors.
Is Tennant Co's Intangible Assets too high?
Tennant Co's current Intangible Assets is $257 Mil. Overall, Tennant Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Intangible Assets compare to BW and GHM?
Tennant Co's Intangible Assets of $257 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Intangible Assets depends on the Industrial Products 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 Tennant Co and its competitors. Tennant Co's current Intangible Assets is $257 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (TNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $89.74, compared to a current price of $72.60 — trading 19.1% below its estimated fair value. The current Intangible Assets is $257 Mil. Tennant Co's overall GF Score™ is 82/100 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 Tennant Co (TNC), the current Intangible Assets is $257 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 Tennant Co (TNC) Overvalued in 2026?

Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued. The current stock price of $72.60 is trading 19.1% below its estimated GF Value™ of $89.74. GuruFocus considers Tennant Co to be Modestly Undervalued.

Key valuation signals for TNC:

  • Intangible Assets: $257 Mil
  • GF Value™: $89.74 vs. price of $72.60 (19.1% below fair value)
  • GF Score™: 82/100 with 6 warning signs

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

Tennant Co Business Description

Other Exchanges TN1:Germany
Address 10400 Clean Street, Eden Prairie, MN, USA, 55344
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
82GF Score

Get the complete analysis for TNC

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

$72.60
Price
$89.74
GF Value