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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Globe Union Industrial's intangible assets for the quarter that ended in Mar. 2026 was NT$855 Mil.
Globe Union Industrial (TPE:9934) 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.
Globe Union Industrial Intangible Assets Related Terms
Globe Union Industrial Intangible Assets Historical Data
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The historical data trend for Globe Union Industrial'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.
Globe Union Industrial 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.
Globe Union Industrial (TPE:9934) has a Intangible Assets of NT$855 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Globe Union Industrial and its competitors.
Is Globe Union Industrial's Intangible Assets too high?
Globe Union Industrial's current Intangible Assets is NT$855 Mil. Overall, Globe Union Industrial has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Intangible Assets compare to TT and JCI?
Globe Union Industrial's Intangible Assets of NT$855 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 Globe Union Industrial and its competitors. Globe Union Industrial's current Intangible Assets is NT$855 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.15, compared to a current price of NT$11.40 — trading 6.2% below its estimated fair value. The current Intangible Assets is NT$855 Mil. Globe Union Industrial's overall GF Score™ is 72/100 with 5 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 Globe Union Industrial (TPE:9934), the current Intangible Assets is NT$855 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued.
The current stock price of NT$11.40 is trading 6.2% below its estimated GF Value™ of NT$12.15.
GuruFocus considers Globe Union Industrial to be Fairly Valued.
Key valuation signals for TPE:9934:
Intangible Assets: NT$855 Mil
GF Value™: NT$12.15 vs. price of NT$11.40 (6.2% below fair value)
No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
72GF 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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