Ascopiave SpA (MIL:ASC) Goodwill-to-Asset: 0.06 (As of Mar. 2026)

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MIL:ASC Ascopiave SpA MIL:ASC
79 GF Score
Price €2.95
GF Value €3.62
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ascopiave SpA Goodwill-to-Asset?

Ascopiave SpA MIL:ASC -1.83% 79 Goodwill-to-Asset is 0.06 as of Mar. 2026. GuruFocus rates MIL:ASC with a GF Score™ of 79/100 and a GF Value™ of €3.62 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Ascopiave SpA's Goodwill for the quarter that ended in Mar. 2026 was €116.6 Mil. Ascopiave SpA's Total Assets for the quarter that ended in Mar. 2026 was €1,895.2 Mil. Therefore, Ascopiave SpA's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.06.


Ascopiave SpA  (MIL:ASC) 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.


Ascopiave SpA Goodwill-to-Asset Related Terms


Ascopiave SpA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Ascopiave SpA'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.

Ascopiave SpA Goodwill-to-Asset Chart

Ascopiave SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.06

Ascopiave SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset 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 0.04 0.04 0.06 0.06 0.06

MIL:ASC vs ATO, NI, UGI: Goodwill-to-Asset Comparison

For the Utilities - Regulated Gas subindustry, Ascopiave SpA'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.


Ascopiave SpA Goodwill-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ascopiave SpA's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Ascopiave SpA's Goodwill-to-Asset falls into.


MIL:ASC
79GF Score
Ascopiave SpA MIL:ASC
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascopiave SpA Goodwill-to-Asset Calculation

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.

Ascopiave 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
=117.872/1832.298
=0.06

Ascopiave SpA'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
=116.567/1895.228
=0.06

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.06 mean?
Ascopiave SpA (MIL:ASC) has a Goodwill-to-Asset of 0.06 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Ascopiave SpA and its competitors.
Is Ascopiave SpA's Goodwill-to-Asset too high?
Ascopiave SpA's current Goodwill-to-Asset is 0.06. Overall, Ascopiave SpA has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's Goodwill-to-Asset compare to ATO and NI?
Ascopiave SpA's Goodwill-to-Asset of 0.06 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Goodwill-to-Asset depends on the Utilities - Regulated 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 Ascopiave SpA and its competitors. Ascopiave SpA's current Goodwill-to-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Based on GuruFocus' analysis, Ascopiave SpA (MIL:ASC) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.62, compared to a current price of €2.95 — trading 18.5% below its estimated fair value. The current Goodwill-to-Asset is 0.06. Ascopiave SpA's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Ascopiave SpA (MIL:ASC), the current Goodwill-to-Asset is 0.06 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 Ascopiave SpA (MIL:ASC) Overvalued in 2026?

Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued. The current stock price of €2.95 is trading 18.5% below its estimated GF Value™ of €3.62. GuruFocus considers Ascopiave SpA to be Modestly Undervalued.

Key valuation signals for MIL:ASC:

  • Goodwill-to-Asset: 0.06
  • GF Value™: €3.62 vs. price of €2.95 (18.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Ascopiave SpA Business Description

Other Exchanges 0DME:UKAVA:Germany
Address Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, 31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
79GF Score

Get the complete analysis for MIL:ASC

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

€2.95
Price
€3.62
GF Value