My Food Bag Group (NZSE:MFB) Goodwill: NZ$63.6 Mil (As of Mar. 2026)


NZSE:MFB My Food Bag Group Ltd NZSE:MFB
50 GF Score
Price NZ$0.29
GF Value NZ$0.21
Valuation Significantly Overvalued
! 9 Warning Signs
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What is My Food Bag Group Goodwill?

My Food Bag Group NZSE:MFB -1.72% 50 Goodwill is NZ$63.6 Mil as of Mar. 2026. GuruFocus rates NZSE:MFB with a GF Score™ of 50/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 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. My Food Bag Group's goodwill for the quarter that ended in Mar. 2026 was NZ$63.6 Mil.


My Food Bag Group  (NZSE:MFB) 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.

My Food Bag Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (A: Mar. 2026 )=Goodwill/Total Assets
=63.631/106.805
=0.60

My Food Bag Group'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
=63.631/106.805
=0.60

* 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.


My Food Bag Group Goodwill Related Terms


My Food Bag Group Goodwill Historical Data

* Premium members only.

The historical data trend for My Food Bag 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.

My Food Bag Group Goodwill Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill
Get a 7-Day Free Trial 63.63 63.63 63.63 63.63 63.63

My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.63 0.00 63.63 0.00 63.63
NZSE:MFB
50GF Score
My Food Bag Group Ltd NZSE:MFB
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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My Food Bag Group 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 NZ$63.6 Mil mean?
My Food Bag Group (NZSE:MFB) has a Goodwill of NZ$63.6 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 My Food Bag Group and its competitors.
Is My Food Bag Group's Goodwill too high?
My Food Bag Group's current Goodwill is NZ$63.6 Mil. Overall, My Food Bag Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Goodwill compare to AMZN and BABA?
My Food Bag Group's Goodwill of NZ$63.6 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Goodwill depends on the Retail - Cyclical 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 My Food Bag Group and its competitors. My Food Bag Group's current Goodwill is NZ$63.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is My Food Bag Group stock overvalued right now?
Based on GuruFocus' analysis, My Food Bag Group (NZSE:MFB) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.21, compared to a current price of NZ$0.29 — trading 35.7% above its estimated fair value. The current Goodwill is NZ$63.6 Mil. My Food Bag Group's overall GF Score™ is 50/100 with 9 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 My Food Bag Group (NZSE:MFB), the current Goodwill is NZ$63.6 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 My Food Bag Group (NZSE:MFB) Overvalued in 2026?

Based on GuruFocus' analysis, My Food Bag Group stock appears to be overvalued. The current stock price of NZ$0.29 is trading 35.7% above its estimated GF Value™ of NZ$0.21. GuruFocus considers My Food Bag Group to be Significantly Overvalued.

Key valuation signals for NZSE:MFB:

  • Goodwill: NZ$63.6 Mil
  • GF Value™: NZ$0.21 vs. price of NZ$0.29 (35.7% above fair value)
  • GF Score™: 50/100 with 9 warning signs

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


My Food Bag Group Business Description

Address 56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
My Food Bag Group Ltd operates in the online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue principally by the volume of bags delivered to customers and the average order value of bags delivered. The company operates in one geographic area, New Zealand.
50GF Score

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

NZ$0.29
Price
NZ$0.21
GF Value