Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Goodwill: €190 Mil (As of Mar. 2026)


FRA:MHZ Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
64 GF Score
Price €38.28
GF Value €23.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Motor Oil (Hellas) Corinth Refineries Goodwill?

Motor Oil (Hellas) Corinth Refineries FRA:MHZ -1.03% 64 Goodwill is €190 Mil as of Mar. 2026. GuruFocus rates FRA:MHZ with a GF Score™ of 64/100 and a GF Value™ of €23.05 (Significantly Overvalued). The stock has 5 warning signs 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. Motor Oil (Hellas) Corinth Refineries's goodwill for the quarter that ended in Mar. 2026 was €190 Mil.


Motor Oil (Hellas) Corinth Refineries  (FRA:MHZ) 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.

Motor Oil (Hellas) Corinth Refineries'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
=190.057/8039.778
=0.02

Motor Oil (Hellas) Corinth Refineries'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
=190.057/8920.797
=0.02

* 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.


Motor Oil (Hellas) Corinth Refineries Goodwill Related Terms


Motor Oil (Hellas) Corinth Refineries Goodwill Historical Data

* Premium members only.

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Goodwill Chart

Motor Oil (Hellas) Corinth Refineries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.76 178.61 182.48 183.04 190.06

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 196.10 196.57 196.54 190.06 190.06
FRA:MHZ
64GF Score
Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Motor Oil (Hellas) Corinth Refineries 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 €190 Mil mean?
Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) has a Goodwill of €190 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 Motor Oil (Hellas) Corinth Refineries and its competitors.
Is Motor Oil (Hellas) Corinth Refineries' Goodwill too high?
Motor Oil (Hellas) Corinth Refineries' current Goodwill is €190 Mil. Overall, Motor Oil (Hellas) Corinth Refineries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motor Oil (Hellas) Corinth Refineries' Goodwill compare to VLO and MPC?
Motor Oil (Hellas) Corinth Refineries' Goodwill of €190 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Goodwill depends on the Oil & Gas 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 Motor Oil (Hellas) Corinth Refineries and its competitors. Motor Oil (Hellas) Corinth Refineries's current Goodwill is €190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motor Oil (Hellas) Corinth Refineries stock overvalued right now?
Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.05, compared to a current price of €38.28 — trading 66.1% above its estimated fair value. The current Goodwill is €190 Mil. Motor Oil (Hellas) Corinth Refineries' overall GF Score™ is 64/100 with 5 warning signs 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ), the current Goodwill is €190 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Overvalued in 2026?

Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries stock appears to be overvalued. The current stock price of €38.28 is trading 66.1% above its estimated GF Value™ of €23.05. GuruFocus considers Motor Oil (Hellas) Corinth Refineries to be Significantly Overvalued.

Key valuation signals for FRA:MHZ:

  • Goodwill: €190 Mil
  • GF Value™: €23.05 vs. price of €38.28 (66.1% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Motor Oil (Hellas) Corinth Refineries Business Description

Industry EnergyOil & Gas
Other Exchanges MOHCY:USAMOH:Greece0MQT:UK
Address 12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery, with its ancillary plants and fuel distribution facilities, forms the privately owned industrial complex in Greece. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas, and Other. It derives maximum revenue from Refining Activity. The firm derives the majority of its revenue from Foreign Sales.
64GF Score

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

€38.28
Price
€23.05
GF Value