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.
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.
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Doxee SpA's Goodwill for the quarter that ended in Dec. 2025 was €7.77 Mil. Doxee SpA's Total Assets for the quarter that ended in Dec. 2025 was €42.88 Mil.
Therefore, Doxee SpA's Goodwill to Asset Ratio for the quarter that ended in Dec. 2025 was 0.18.
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.
Doxee SpA Goodwill-to-Asset Related Terms
Doxee SpA Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Doxee 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.
MIL:DOX vs MSFT, ORCL, PLTR: Goodwill-to-Asset Comparison
For the Software - Infrastructure subindustry, Doxee 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.
Doxee SpA Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, Doxee SpA's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Doxee SpA'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.
Doxee SpA (MIL:DOX) has a Goodwill-to-Asset of 0.18 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Doxee SpA and its competitors.
Is Doxee SpA's Goodwill-to-Asset too high?
Doxee SpA's current Goodwill-to-Asset is 0.18. Overall, Doxee SpA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doxee SpA's Goodwill-to-Asset compare to MSFT and ORCL?
Doxee SpA's Goodwill-to-Asset of 0.18 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 Doxee SpA and its competitors. Doxee SpA's current Goodwill-to-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doxee SpA stock overvalued right now?
Based on GuruFocus' analysis, Doxee SpA (MIL:DOX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.69, compared to a current price of €3.73 — trading 38.7% above its estimated fair value. The current Goodwill-to-Asset is 0.18. Doxee SpA's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Doxee SpA (MIL:DOX), the current Goodwill-to-Asset is 0.18 as of Dec. 2025. 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 Doxee SpA (MIL:DOX) Overvalued in 2026?
Based on GuruFocus' analysis, Doxee SpA stock appears to be overvalued.
The current stock price of €3.73 is trading 38.7% above its estimated GF Value™ of €2.69.
GuruFocus considers Doxee SpA to be Significantly Overvalued.
Key valuation signals for MIL:DOX:
Goodwill-to-Asset: 0.18
GF Value™: €2.69 vs. price of €3.73 (38.7% above fair value)
No single metric tells the full story. See the MIL:DOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.
75GF Score
Get the complete analysis for MIL:DOX
Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:DOX has been successfully added to your 
