Merkur Privatbank KGaA (FRA:MBK) Goodwill: €0.0 Mil (As of Mar. 2026)


FRA:MBK Merkur Privatbank KGaA FRA:MBK
70 GF Score
Price €10.80
GF Value €16.91
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Merkur Privatbank KGaA Goodwill?

Merkur Privatbank KGaA FRA:MBK -10.74% 70 Goodwill is €0.0 Mil as of Mar. 2026. GuruFocus rates FRA:MBK with a GF Score™ of 70/100 and a GF Value™ of €16.91 (Significantly Undervalued). The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Merkur Privatbank KGaA's goodwill for the quarter that ended in Mar. 2026 was €0.0 Mil.


Merkur Privatbank KGaA  (FRA:MBK) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Merkur Privatbank KGaA's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/4108.796
=0.00

Merkur Privatbank KGaA's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/4052.07
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Merkur Privatbank KGaA Goodwill Related Terms


Merkur Privatbank KGaA Goodwill Historical Data

* Premium members only.

The historical data trend for Merkur Privatbank KGaA's Goodwill 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.

Merkur Privatbank KGaA Goodwill Chart

Merkur Privatbank KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Merkur Privatbank KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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FRA:MBK
70GF Score
Merkur Privatbank KGaA FRA:MBK
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Merkur Privatbank KGaA Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of €0.0 Mil mean?
Merkur Privatbank KGaA (FRA:MBK) has a Goodwill of €0.0 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Merkur Privatbank KGaA and its competitors.
Is Merkur Privatbank KGaA's Goodwill too high?
Merkur Privatbank KGaA's current Goodwill is €0.0 Mil. Overall, Merkur Privatbank KGaA has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merkur Privatbank KGaA's Goodwill compare to PNC and USB?
Merkur Privatbank KGaA's Goodwill of €0.0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Banks company?
A good Goodwill depends on the Banks industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Merkur Privatbank KGaA and its competitors. Merkur Privatbank KGaA's current Goodwill is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merkur Privatbank KGaA stock overvalued right now?
Based on GuruFocus' analysis, Merkur Privatbank KGaA (FRA:MBK) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.91, compared to a current price of €10.80 — trading 36.1% below its estimated fair value. The current Goodwill is €0.0 Mil. Merkur Privatbank KGaA's overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Merkur Privatbank KGaA (FRA:MBK), the current Goodwill is €0.0 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 Merkur Privatbank KGaA (FRA:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, Merkur Privatbank KGaA stock appears to be undervalued. The current stock price of €10.80 is trading 36.1% below its estimated GF Value™ of €16.91. GuruFocus considers Merkur Privatbank KGaA to be Significantly Undervalued.

Key valuation signals for FRA:MBK:

  • Goodwill: €0.0 Mil
  • GF Value™: €16.91 vs. price of €10.80 (36.1% below fair value)
  • GF Score™: 70/100 with 1 warning sign

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


Merkur Privatbank KGaA Business Description

Other Exchanges MBK:Germany
Address Bayerstrasse 33, Munich, DEU, 80335
Merkur Privatbank KGaA is a private bank based in Germany. It focuses on the sectors of private customers, corporate clients, leasing finance, asset management, and real estate development financing.
70GF Score

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

€10.80
Price
€16.91
GF Value