Spindox SpA (MIL:SPN) Goodwill-to-Asset: 0.20 (As of Jun. 2025)

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MIL:SPN Spindox SpA MIL:SPN
57 GF Score
Price €12.95
GF Value €10.82
! 8 Warning Signs
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What is Spindox SpA Goodwill-to-Asset?

Spindox SpA MIL:SPN 57 Goodwill-to-Asset is 0.20 as of Jun. 2025. GuruFocus rates MIL:SPN with a GF Score™ of 57/100 and a GF Value™ of €10.82. The stock has 8 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. Spindox SpA's Goodwill for the quarter that ended in Jun. 2025 was €15.1 Mil. Spindox SpA's Total Assets for the quarter that ended in Jun. 2025 was €75.5 Mil. Therefore, Spindox SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2025 was 0.20.


Spindox SpA  (MIL:SPN) 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.


Spindox SpA Goodwill-to-Asset Related Terms


Spindox SpA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Spindox 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.

Spindox SpA Goodwill-to-Asset Chart

Spindox SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial 0.07 0.04 0.20 0.19 0.21

Spindox SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.19 0.21 0.21 0.20

MIL:SPN vs IBM, ACN, CTSH: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, Spindox 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.


Spindox SpA Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Spindox SpA's Goodwill-to-Asset distribution charts can be found below:

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


MIL:SPN
57GF Score
Spindox SpA MIL:SPN
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindox 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.

Spindox SpA's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=15.945/74.789
=0.21

Spindox SpA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2025 is calculated as

Goodwill to Asset (Q: Jun. 2025 )=Goodwill/Total Assets
=15.089/75.489
=0.20

* 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 0.20 mean?
Spindox SpA (MIL:SPN) has a Goodwill-to-Asset of 0.20 as of Jun. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Spindox SpA and its competitors.
Is Spindox SpA's Goodwill-to-Asset too high?
Spindox SpA's current Goodwill-to-Asset is 0.20. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Goodwill-to-Asset compare to IBM and ACN?
Spindox SpA's Goodwill-to-Asset of 0.20 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 Spindox SpA and its competitors. Spindox SpA's current Goodwill-to-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Goodwill-to-Asset of 0.20. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Goodwill-to-Asset is 0.20. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Goodwill-to-Asset is 0.20 as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?

Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued. The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.

Key valuation signals for MIL:SPN:

  • Goodwill-to-Asset: 0.20
  • GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
  • GF Score™: 57/100 with 8 warning signs

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


Spindox SpA Business Description

Address via Bisceglie 76, Milan, ITA, 20152
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score

Get the complete analysis for MIL:SPN

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

€12.95
Price
€10.82
GF Value