Griffon Good Will from 2010 to 2024

GFF Stock  USD 85.16  2.20  2.65%   
Griffon's Good Will is increasing over the last several years with slightly volatile swings. Good Will is predicted to flatten to about 312.9 M. Good Will is an intangible asset that arises when Griffon acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2001-09-30
Previous Quarter
327.9 M
Current Value
329.4 M
Quarterly Volatility
9.9 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Griffon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Griffon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.8 M, Interest Expense of 98.9 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0102 or PTB Ratio of 15.55. Griffon financial statements analysis is a perfect complement when working with Griffon Valuation or Volatility modules.
  
Check out the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.

Latest Griffon's Good Will Growth Pattern

Below is the plot of the Good Will of Griffon over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Griffon's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Griffon's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Griffon Good Will Regression Statistics

Arithmetic Mean349,213,290
Geometric Mean326,149,957
Coefficient Of Variation26.16
Mean Deviation54,360,985
Median357,730,000
Standard Deviation91,353,479
Sample Variance8345.5T
Range380.2M
R-Value0.31
Mean Square Error8120.5T
R-Squared0.1
Significance0.26
Slope6,344,141
Total Sum of Squares116836.4T

Griffon Good Will History

2024312.9 M
2023329.4 M
2022327.9 M
2021335.8 M
2020426.1 M
2019442.6 M
2018437.1 M

About Griffon Financial Statements

Griffon stakeholders use historical fundamental indicators, such as Griffon's Good Will, to determine how well the company is positioned to perform in the future. Although Griffon investors may analyze each financial statement separately, they are all interrelated. For example, changes in Griffon's assets and liabilities are reflected in the revenues and expenses on Griffon's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Griffon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will329.4 M312.9 M

Currently Active Assets on Macroaxis

When determining whether Griffon is a strong investment it is important to analyze Griffon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:
Check out the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.653
Dividend Share
0.6
Earnings Share
4.23
Revenue Per Share
55.147
Quarterly Revenue Growth
0.029
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.