WS (Worthington Steel) Intangible Assets: $125 Mil (As of May. 2026)


WS Worthington Steel Inc WS
54 GF Score
Price $32.15
GF Value $33.77
Valuation Fairly Valued
! 10 Warning Signs
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What is Worthington Steel Intangible Assets?

Worthington Steel WS -0.03% 54 Intangible Assets is $125 Mil as of May. 2026. GuruFocus rates WS with a GF Score™ of 54/100 and a GF Value™ of $33.77 (Fairly Valued). The stock has 10 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Worthington Steel's intangible assets for the quarter that ended in May. 2026 was $125 Mil.

Worthington Steel  (NYSE:WS) 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.

Worthington Steel Intangible Assets Related Terms

Worthington Steel Intangible Assets Historical Data

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The historical data trend for Worthington Steel'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.

Worthington Steel Intangible Assets Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24 May25 May26
Intangible Assets
Get a 7-Day Free Trial 169.75 162.00 156.60 147.50 125.20

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 147.50 191.70 189.80 190.30 125.20
WS
54GF Score
Worthington Steel Inc WS
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Worthington Steel 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 $125 Mil mean?
Worthington Steel (WS) has a Intangible Assets of $125 Mil as of May. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Worthington Steel and its competitors.
Is Worthington Steel's Intangible Assets too high?
Worthington Steel's current Intangible Assets is $125 Mil. Overall, Worthington Steel has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Worthington Steel's Intangible Assets compare to NWPX and MTUS?
Worthington Steel's Intangible Assets of $125 Mil can be compared against companies in the Steel 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 Steel company?
A good Intangible Assets depends on the Steel 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 Worthington Steel and its competitors. Worthington Steel's current Intangible Assets is $125 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worthington Steel stock overvalued right now?
Based on GuruFocus' analysis, Worthington Steel (WS) is currently considered Fairly Valued. The stock's GF Value™ is $33.77, compared to a current price of $32.15 — trading 4.8% below its estimated fair value. The current Intangible Assets is $125 Mil. Worthington Steel's overall GF Score™ is 54/100 with 10 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 Worthington Steel (WS), the current Intangible Assets is $125 Mil as of May. 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 Worthington Steel (WS) Overvalued in 2026?

Based on GuruFocus' analysis, Worthington Steel stock appears to be undervalued. The current stock price of $32.15 is trading 4.8% below its estimated GF Value™ of $33.77. GuruFocus considers Worthington Steel to be Fairly Valued.

Key valuation signals for WS:

  • Intangible Assets: $125 Mil
  • GF Value™: $33.77 vs. price of $32.15 (4.8% below fair value)
  • GF Score™: 54/100 with 10 warning signs

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

Worthington Steel Business Description

Other Exchanges Z2J:Germany
Address 100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
54GF Score

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

$32.15
Price
$33.77
GF Value