Krones AG (XSWX:KRN) Intangible Assets: CHF549 Mil (As of Jun. 2026)

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XSWX:KRN Krones AG XSWX:KRN
87 GF Score
Price CHF107.20
GF Value CHF126.75
! 3 Warning Signs
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What is Krones AG Intangible Assets?

Krones AG XSWX:KRN 87 Intangible Assets is CHF549 Mil as of Jun. 2026. GuruFocus rates XSWX:KRN with a GF Score™ of 87/100 and a GF Value™ of CHF126.75. The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Krones AG's intangible assets for the quarter that ended in Jun. 2026 was CHF549 Mil.


Krones AG  (XSWX:KRN) 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.


Krones AG Intangible Assets Related Terms


Krones AG Intangible Assets Historical Data

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The historical data trend for Krones AG'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.

Krones AG Intangible Assets Chart

Krones AG 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 315.49 344.76 434.47 548.05 560.41

Krones AG 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 531.91 558.20 560.41 546.01 549.47
XSWX:KRN
87GF Score
Krones AG XSWX:KRN
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Krones AG 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 CHF549 Mil mean?
Krones AG (XSWX:KRN) has a Intangible Assets of CHF549 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Krones AG and its competitors.
Is Krones AG's Intangible Assets too high?
Krones AG's current Intangible Assets is CHF549 Mil. Overall, Krones AG has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Krones AG's Intangible Assets compare to GEV and ETN?
Krones AG's Intangible Assets of CHF549 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 Krones AG and its competitors. Krones AG's current Intangible Assets is CHF549 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krones AG stock overvalued right now?
Krones AG (XSWX:KRN) has a current Intangible Assets of CHF549 Mil. The stock's GF Value™ is CHF126.75, compared to a current price of CHF107.20 — trading 15.4% below its estimated fair value. The current Intangible Assets is CHF549 Mil. Krones AG's overall GF Score™ is 87/100 with 3 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 Krones AG (XSWX:KRN), the current Intangible Assets is CHF549 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 Krones AG (XSWX:KRN) Overvalued in 2026?

Based on GuruFocus' analysis, Krones AG stock appears to be undervalued. The current stock price of CHF107.20 is trading 15.4% below its estimated GF Value™ of CHF126.75.

Key valuation signals for XSWX:KRN:

  • Intangible Assets: CHF549 Mil
  • GF Value™: CHF126.75 vs. price of CHF107.20 (15.4% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Krones AG Business Description

Address Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG plans, develops and manufactures machines and complete lines for the fields of process, filling and packaging technology. Its product portfolio is rounded off by information technology, factory planning and products from its subsidiaries, such as intralogistics, valve production etc. The company's reportable segments are: Filling and Packaging Technology, Process Technology, and Intralogistics. The majority of the company's revenue is generated from its Fillings and Packaging segment, which offers machines and lines for filling, labelling, packaging and conveying products, prominently in PET bottles, glass bottles, and cans. Geographically, the company generates a majority of its revenue from North and Central America and the rest from Germany, China, Europe, and other regions.
87GF Score

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

CHF107.20
Price
CHF126.75
GF Value