MFA Financial (STU:M4ZA) Goodwill: €52.8 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.

STU:M4ZA MFA Financial Inc STU:M4ZA
57 GF Score
Price €7.91
GF Value €9.35
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is MFA Financial Goodwill?

MFA Financial STU:M4ZA -0.82% 57 Goodwill is €52.8 Mil as of Mar. 2026. GuruFocus rates STU:M4ZA with a GF Score™ of 57/100 and a GF Value™ of €9.35 (Modestly Undervalued). The stock has 4 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. MFA Financial's goodwill for the quarter that ended in Mar. 2026 was €52.8 Mil.


MFA Financial  (STU:M4ZA) 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.

MFA Financial'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
=52.159/11141.667
=0.00

MFA Financial'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
=52.831/11443.579
=0.00

* 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.


MFA Financial Goodwill Related Terms


MFA Financial Goodwill Historical Data

* Premium members only.

The historical data trend for MFA Financial'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.

MFA Financial Goodwill Chart

MFA Financial 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 54.05 57.66 56.01 58.33 52.16

MFA Financial 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 56.50 52.95 52.04 52.16 52.83
STU:M4ZA
57GF Score
MFA Financial Inc STU:M4ZA
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFA Financial 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 €52.8 Mil mean?
MFA Financial (STU:M4ZA) has a Goodwill of €52.8 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 MFA Financial and its competitors.
Is MFA Financial's Goodwill too high?
MFA Financial's current Goodwill is €52.8 Mil. Overall, MFA Financial has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MFA Financial's Goodwill compare to ABR and ARI?
MFA Financial's Goodwill of €52.8 Mil can be compared against companies in the REITs 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 REITs company?
A good Goodwill depends on the REITs 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 MFA Financial and its competitors. MFA Financial's current Goodwill is €52.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFA Financial stock overvalued right now?
Based on GuruFocus' analysis, MFA Financial (STU:M4ZA) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.35, compared to a current price of €7.91 — trading 15.5% below its estimated fair value. The current Goodwill is €52.8 Mil. MFA Financial's overall GF Score™ is 57/100 with 4 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 MFA Financial (STU:M4ZA), the current Goodwill is €52.8 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 MFA Financial (STU:M4ZA) Overvalued in 2026?

Based on GuruFocus' analysis, MFA Financial stock appears to be undervalued. The current stock price of €7.91 is trading 15.5% below its estimated GF Value™ of €9.35. GuruFocus considers MFA Financial to be Modestly Undervalued.

Key valuation signals for STU:M4ZA:

  • Goodwill: €52.8 Mil
  • GF Value™: €9.35 vs. price of €7.91 (15.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the STU:M4ZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFA Financial Business Description

Industry Real EstateREITs
Address One Vanderbilt Avenue, 48th Floor, New York, NY, USA, 10017
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company's reportable segments include mortgage-related assets; and Lima One.
57GF Score

Get the complete analysis for STU:M4ZA

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

€7.91
Price
€9.35
GF Value