Varia US Properties (XSWX:VARN) Intangible Assets: CHF0.00 Mil (As of Mar. 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.

XSWX:VARN Varia US Properties Ltd XSWX:VARN
36 GF Score
Price CHF12.95
GF Value CHF21.89
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Varia US Properties Intangible Assets?

Varia US Properties XSWX:VARN -0.38% 36 Intangible Assets is CHF0.00 Mil as of Mar. 2026. GuruFocus rates XSWX:VARN with a GF Score™ of 36/100 and a GF Value™ of CHF21.89 (Possible Value Trap). 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. Varia US Properties's intangible assets for the quarter that ended in Mar. 2026 was CHF0.00 Mil.


Varia US Properties  (XSWX:VARN) 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.


Varia US Properties Intangible Assets Related Terms


Varia US Properties Intangible Assets Historical Data

* Premium members only.

The historical data trend for Varia US Properties'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.

Varia US Properties Intangible Assets Chart

Varia US Properties 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 0.00 0.00 0.00 0.00 0.00

Varia US Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
XSWX:VARN
36GF Score
Varia US Properties Ltd XSWX:VARN
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varia US Properties 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 CHF0.00 Mil mean?
Varia US Properties (XSWX:VARN) has a Intangible Assets of CHF0.00 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Varia US Properties and its competitors.
Is Varia US Properties' Intangible Assets too high?
Varia US Properties' current Intangible Assets is CHF0.00 Mil. Overall, Varia US Properties has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Varia US Properties' Intangible Assets compare to CBRE and BEKE?
Varia US Properties' Intangible Assets of CHF0.00 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Intangible Assets depends on the Real Estate 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 Varia US Properties and its competitors. Varia US Properties's current Intangible Assets is CHF0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia US Properties stock overvalued right now?
Based on GuruFocus' analysis, Varia US Properties (XSWX:VARN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF21.89, compared to a current price of CHF12.95 — trading 40.8% below its estimated fair value. The current Intangible Assets is CHF0.00 Mil. Varia US Properties' overall GF Score™ is 36/100 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 Varia US Properties (XSWX:VARN), the current Intangible Assets is CHF0.00 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 Varia US Properties (XSWX:VARN) Overvalued in 2026?

Based on GuruFocus' analysis, Varia US Properties stock appears to be undervalued. The current stock price of CHF12.95 is trading 40.8% below its estimated GF Value™ of CHF21.89. GuruFocus considers Varia US Properties to be Possible Value Trap.

Key valuation signals for XSWX:VARN:

  • Intangible Assets: CHF0.00 Mil
  • GF Value™: CHF21.89 vs. price of CHF12.95 (40.8% below fair value)
  • GF Score™: 36/100 with 5 warning signs

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


Varia US Properties Business Description

Other Exchanges VARNz:UK0RKW:UK
Address Gubelstrasse 19, Zug, CHE, CH-6300
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. The majority of revenue comes from Rental income.
36GF Score

Get the complete analysis for XSWX:VARN

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

CHF12.95
Price
CHF21.89
GF Value