MXGBF (Molson Coors Canada) Goodwill: $1,944 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MXGBF Molson Coors Canada Inc MXGBF
68 GF Score
Price $48.42
GF Value $65.01
! 2 Warning Signs
View Full Analysis

What is Molson Coors Canada Goodwill?

Molson Coors Canada MXGBF 68 Goodwill is $1,944 Mil as of Mar. 2026. GuruFocus rates MXGBF with a GF Score™ of 68/100 and a GF Value™ of $65.01. The stock has 2 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. Molson Coors Canada's goodwill for the quarter that ended in Mar. 2026 was $1,944 Mil.


Molson Coors Canada  (OTCPK:MXGBF) 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.

Molson Coors Canada'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
=1944.7/22738.4
=0.09

Molson Coors Canada'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
=1943.5/22367.9
=0.09

* 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.


Molson Coors Canada Goodwill Related Terms


Molson Coors Canada Goodwill Historical Data

* Premium members only.

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Goodwill Chart

Molson Coors Canada 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 6,152.60 5,291.90 5,325.30 5,582.30 1,944.70

Molson Coors Canada 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 5,582.30 5,592.00 1,943.50 1,944.70 1,943.50
MXGBF
68GF Score
Molson Coors Canada Inc MXGBF
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Molson Coors Canada 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 $1,944 Mil mean?
Molson Coors Canada (MXGBF) has a Goodwill of $1,944 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 Molson Coors Canada and its competitors.
Is Molson Coors Canada's Goodwill too high?
Molson Coors Canada's current Goodwill is $1,944 Mil. Overall, Molson Coors Canada has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Molson Coors Canada's Goodwill compare to BUD and STZ?
Molson Coors Canada's Goodwill of $1,944 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Goodwill depends on the Beverages - Alcoholic 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 Molson Coors Canada and its competitors. Molson Coors Canada's current Goodwill is $1,944 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molson Coors Canada stock overvalued right now?
Molson Coors Canada (MXGBF) has a current Goodwill of $1,944 Mil. The stock's GF Value™ is $65.01, compared to a current price of $48.42 — trading 25.5% below its estimated fair value. The current Goodwill is $1,944 Mil. Molson Coors Canada's overall GF Score™ is 68/100 with 2 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 Molson Coors Canada (MXGBF), the current Goodwill is $1,944 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 Molson Coors Canada (MXGBF) Overvalued in 2026?

Based on GuruFocus' analysis, Molson Coors Canada stock appears to be undervalued. The current stock price of $48.42 is trading 25.5% below its estimated GF Value™ of $65.01.

Key valuation signals for MXGBF:

  • Goodwill: $1,944 Mil
  • GF Value™: $65.01 vs. price of $48.42 (25.5% below fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Molson Coors Canada Business Description

Other Exchanges TPX.B:CanadaTPX.A:Canada
Address 33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large brewer and distributor of beer and other malt beverages. Its brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and the EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in the Americas.
68GF Score

Get the complete analysis for MXGBF

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

$48.42
Price
$65.01
GF Value