WHGPF (Warehouse Group (The)) Intangible Assets: $76 Mil (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WHGPF Warehouse Group Ltd (The) WHGPF
68 GF Score
Price $0.54
GF Value $0.98
! 5 Warning Signs
View Full Analysis

What is Warehouse Group (The) Intangible Assets?

Warehouse Group (The) WHGPF 68 Intangible Assets is $76 Mil as of Jan. 2026. GuruFocus rates WHGPF with a GF Score™ of 68/100 and a GF Value™ of $0.98. The stock has 5 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Warehouse Group (The)'s intangible assets for the quarter that ended in Jan. 2026 was $76 Mil.

Warehouse Group (The)  (OTCPK:WHGPF) 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.

Warehouse Group (The) Intangible Assets Related Terms

Warehouse Group (The) Intangible Assets Historical Data

* Premium members only.

The historical data trend for Warehouse Group (The)'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.

Warehouse Group (The) Intangible Assets Chart

Warehouse Group (The) Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.61 94.07 104.82 95.97 83.94

Warehouse Group (The) Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 102.36 95.97 84.63 83.94 75.97
WHGPF
68GF Score
Warehouse Group Ltd (The) WHGPF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Warehouse Group (The) 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 $76 Mil mean?
Warehouse Group (The) (WHGPF) has a Intangible Assets of $76 Mil as of Jan. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Warehouse Group (The) and its competitors.
Is Warehouse Group (The)'s Intangible Assets too high?
Warehouse Group (The)'s current Intangible Assets is $76 Mil. Overall, Warehouse Group (The) has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Warehouse Group (The)'s Intangible Assets compare to DDS and M?
Warehouse Group (The)'s Intangible Assets of $76 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Intangible Assets depends on the Retail - Cyclical 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 Warehouse Group (The) and its competitors. Warehouse Group (The)'s current Intangible Assets is $76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouse Group (The) stock overvalued right now?
Warehouse Group (The) (WHGPF) has a current Intangible Assets of $76 Mil. The stock's GF Value™ is $0.98, compared to a current price of $0.54 — trading 45.4% below its estimated fair value. The current Intangible Assets is $76 Mil. Warehouse Group (The)'s overall GF Score™ is 68/100 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 Warehouse Group (The) (WHGPF), the current Intangible Assets is $76 Mil as of Jan. 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 Warehouse Group (The) (WHGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Warehouse Group (The) stock appears to be undervalued. The current stock price of $0.54 is trading 45.4% below its estimated GF Value™ of $0.98.

Key valuation signals for WHGPF:

  • Intangible Assets: $76 Mil
  • GF Value™: $0.98 vs. price of $0.54 (45.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

Warehouse Group (The) Business Description

Other Exchanges WHS:New ZealandUXN:Germany
Address 26 The Warehouse Way, Northcote, Auckland, NTL, NZL, 0627
Warehouse Group Ltd (The), along with its subsidiaries, is engaged in the retail sector. The company has three retail brands trading in the New Zealand retail sector: The Warehouse, Warehouse Stationery, and TheMarket.com. It generates the maximum revenue from the Warehouse Segment.
68GF Score

Get the complete analysis for WHGPF

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

$0.54
Price
$0.98
GF Value