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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. MTY Food Group's Goodwill for the quarter that ended in May. 2026 was C$686 Mil. MTY Food Group's Total Assets for the quarter that ended in May. 2026 was C$2,476 Mil.
Therefore, MTY Food Group's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.28.
MTY Food Group (TSX:MTY) 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.
MTY Food Group Goodwill-to-Asset Related Terms
MTY Food Group Goodwill-to-Asset Historical Data
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The historical data trend for MTY Food Group'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.
TSX:MTY vs MCD, SBUX, YUM: Goodwill-to-Asset Comparison
For the Restaurants subindustry, MTY Food Group'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.
MTY Food Group Goodwill-to-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where MTY Food Group'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.
MTY Food Group (TSX:MTY) has a Goodwill-to-Asset of 0.28 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on MTY Food Group and its competitors.
Is MTY Food Group's Goodwill-to-Asset too high?
MTY Food Group's current Goodwill-to-Asset is 0.28. Overall, MTY Food Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MTY Food Group's Goodwill-to-Asset compare to MCD and SBUX?
MTY Food Group's Goodwill-to-Asset of 0.28 can be compared against companies in the Restaurants 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 Restaurants company?
A good Goodwill-to-Asset depends on the Restaurants 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 MTY Food Group and its competitors. MTY Food Group's current Goodwill-to-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTY Food Group stock overvalued right now?
Based on GuruFocus' analysis, MTY Food Group (TSX:MTY) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.38, compared to a current price of C$34.00 — trading 25.1% below its estimated fair value. The current Goodwill-to-Asset is 0.28. MTY Food Group's overall GF Score™ is 74/100 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 MTY Food Group (TSX:MTY), the current Goodwill-to-Asset is 0.28 as of May. 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 MTY Food Group (TSX:MTY) Overvalued in 2026?
Based on GuruFocus' analysis, MTY Food Group stock appears to be undervalued.
The current stock price of C$34.00 is trading 25.1% below its estimated GF Value™ of C$45.38.
GuruFocus considers MTY Food Group to be Modestly Undervalued.
Key valuation signals for TSX:MTY:
Goodwill-to-Asset: 0.28
GF Value™: C$45.38 vs. price of C$34.00 (25.1% below fair value)
No single metric tells the full story. See the TSX:MTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and US & International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.
74GF Score
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