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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. MISTRAS Group's goodwill for the quarter that ended in Jun. 2026 was €158.2 Mil.
* 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.
MISTRAS Group Goodwill Related Terms
MISTRAS Group Goodwill Historical Data
* Premium members only.
The historical data trend for MISTRAS Group'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.
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.
MISTRAS Group (FRA:MIY) has a Goodwill of €158.2 Mil as of Jun. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on MISTRAS Group and its competitors.
Is MISTRAS Group's Goodwill too high?
MISTRAS Group's current Goodwill is €158.2 Mil. Overall, MISTRAS Group has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does MISTRAS Group's Goodwill compare to CIX and NL?
MISTRAS Group's Goodwill of €158.2 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Goodwill depends on the Business Services 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 MISTRAS Group and its competitors. MISTRAS Group's current Goodwill is €158.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MISTRAS Group stock overvalued right now?
MISTRAS Group (FRA:MIY) has a current Goodwill of €158.2 Mil. The stock's GF Value™ is €6.77, compared to a current price of €13.30 — trading 96.5% above its estimated fair value. The current Goodwill is €158.2 Mil. MISTRAS Group's overall GF Score™ is 61/100 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 MISTRAS Group (FRA:MIY), the current Goodwill is €158.2 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 MISTRAS Group (FRA:MIY) Overvalued in 2026?
Based on GuruFocus' analysis, MISTRAS Group stock appears to be overvalued.
The current stock price of €13.30 is trading 96.5% above its estimated GF Value™ of €6.77.
Key valuation signals for FRA:MIY:
Goodwill: €158.2 Mil
GF Value™: €6.77 vs. price of €13.30 (96.5% above fair value)
No single metric tells the full story. See the FRA:MIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International, and Products and Systems, of which key revenue is derived from the North America segment. The North America segment provides asset protection solutions, including NDT, inspection, and mechanical and engineering services, along with software, digital, and data services.
61GF Score
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