KME Group SpA (MIL:KME) Goodwill: €369 Mil (As of Dec. 2025)


MIL:KME KME Group SpA MIL:KME
41 GF Score
Price €0.88
GF Value €1,294.15
Valuation Possible Value Trap
! 3 Warning Signs
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What is KME Group SpA Goodwill?

KME Group SpA MIL:KME -1.13% 41 Goodwill is €369 Mil as of Dec. 2025. GuruFocus rates MIL:KME with a GF Score™ of 41/100 and a GF Value™ of €1,294.15 (Possible Value Trap). The stock has 3 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. KME Group SpA's goodwill for the quarter that ended in Dec. 2025 was €369 Mil.


KME Group SpA  (MIL:KME) 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.

KME Group SpA'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
=369.013/2074.956
=0.18

KME Group SpA's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=369.013/2074.956
=0.18

* 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.


KME Group SpA Goodwill Related Terms


KME Group SpA Goodwill Historical Data

* Premium members only.

The historical data trend for KME Group SpA'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.

KME Group SpA Goodwill Chart

KME Group SpA 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 0.00 370.32 394.83 394.45 369.01

KME Group SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 394.83 394.83 394.45 405.56 369.01
MIL:KME
41GF Score
KME Group SpA MIL:KME
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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KME Group SpA 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 €369 Mil mean?
KME Group SpA (MIL:KME) has a Goodwill of €369 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on KME Group SpA and its competitors.
Is KME Group SpA's Goodwill too high?
KME Group SpA's current Goodwill is €369 Mil. Overall, KME Group SpA has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KME Group SpA's Goodwill compare to SCCO and FCX?
KME Group SpA's Goodwill of €369 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill depends on the Metals & Mining 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 KME Group SpA and its competitors. KME Group SpA's current Goodwill is €369 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KME Group SpA stock overvalued right now?
Based on GuruFocus' analysis, KME Group SpA (MIL:KME) is currently considered Possible Value Trap. The stock's GF Value™ is €1,294.15, compared to a current price of €0.88 — trading 99.9% below its estimated fair value. The current Goodwill is €369 Mil. KME Group SpA's overall GF Score™ is 41/100 with 3 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 KME Group SpA (MIL:KME), the current Goodwill is €369 Mil as of Dec. 2025. 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 KME Group SpA (MIL:KME) Overvalued in 2026?

Based on GuruFocus' analysis, KME Group SpA stock appears to be undervalued. The current stock price of €0.88 is trading 99.9% below its estimated GF Value™ of €1,294.15. GuruFocus considers KME Group SpA to be Possible Value Trap.

Key valuation signals for MIL:KME:

  • Goodwill: €369 Mil
  • GF Value™: €1,294.15 vs. price of €0.88 (99.9% below fair value)
  • GF Score™: 41/100 with 3 warning signs

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


KME Group SpA Business Description

Other Exchanges KMER:ItalyMTJ3:Germany
Address Foro Buonaparte 44, Milan, ITA, 20121
KME Group SpA is a diversified investment holding company. It invests in copper sector and financial and real estate assets sector. The copper sector includes the production and marketing of copper and copper-alloy semi-finished products. The financial and real estate assets sector includes the private equity activity, carried out mainly through the closed-ended investment fund, and the management of receivables. The company generates the majority of the revenue from the copper sector.
41GF Score

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

€0.88
Price
€1,294.15
GF Value