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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Metro Performance Glass's Goodwill for the quarter that ended in Mar. 2026 was A$21.7 Mil. Metro Performance Glass's Total Assets for the quarter that ended in Mar. 2026 was A$163.3 Mil.
Therefore, Metro Performance Glass's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.13.
Metro Performance Glass (ASX:MPP) Goodwill-to-Asset Explanation
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.
Metro Performance Glass Goodwill-to-Asset Related Terms
Metro Performance Glass Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Metro Performance Glass's Goodwill-to-Asset 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.
ASX:MPP vs TT, JCI, CARR: Goodwill-to-Asset Comparison
For the Building Products & Equipment subindustry, Metro Performance Glass's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Metro Performance Glass Goodwill-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Metro Performance Glass's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Metro Performance Glass's Goodwill-to-Asset falls into.
* 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.
Metro Performance Glass (ASX:MPP) has a Goodwill-to-Asset of 0.13 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Metro Performance Glass and its competitors.
Is Metro Performance Glass' Goodwill-to-Asset too high?
Metro Performance Glass' current Goodwill-to-Asset is 0.13. Overall, Metro Performance Glass has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Goodwill-to-Asset compare to TT and JCI?
Metro Performance Glass' Goodwill-to-Asset of 0.13 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Construction company?
A good Goodwill-to-Asset depends on the Construction industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Metro Performance Glass and its competitors. Metro Performance Glass's current Goodwill-to-Asset is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.52, compared to a current price of A$1.05 — trading 101.9% above its estimated fair value. The current Goodwill-to-Asset is 0.13. Metro Performance Glass' overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Metro Performance Glass (ASX:MPP), the current Goodwill-to-Asset is 0.13 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?
Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued.
The current stock price of A$1.05 is trading 101.9% above its estimated GF Value™ of A$0.52.
GuruFocus considers Metro Performance Glass to be Significantly Overvalued.
Key valuation signals for ASX:MPP:
Goodwill-to-Asset: 0.13
GF Value™: A$0.52 vs. price of A$1.05 (101.9% above fair value)
No single metric tells the full story. See the ASX:MPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
29GF Score
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