Madmind Studio (WAR:MMS) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

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WAR:MMS Madmind Studio SA WAR:MMS
45 GF Score
Price zł0.30
GF Value zł1.31
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Madmind Studio Goodwill-to-Asset?

Madmind Studio WAR:MMS -0.99% 45 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates WAR:MMS with a GF Score™ of 45/100 and a GF Value™ of zł1.31 (Significantly Undervalued). The stock has 5 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. Madmind Studio's Goodwill for the quarter that ended in Mar. 2026 was zł0.00 Mil. Madmind Studio's Total Assets for the quarter that ended in Mar. 2026 was zł8.38 Mil. Therefore, Madmind Studio's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Madmind Studio  (WAR:MMS) 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.


Madmind Studio Goodwill-to-Asset Related Terms


Madmind Studio Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Madmind Studio'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.

Madmind Studio Goodwill-to-Asset Chart

Madmind Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
0.00 0.00 0.00 0.00 0.00

Madmind Studio 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 0.00 0.00 0.00 0.00 0.00

WAR:MMS vs NTES, EA, TTWO: Goodwill-to-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Madmind Studio'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.


Madmind Studio Goodwill-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Madmind Studio's Goodwill-to-Asset distribution charts can be found below:

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


WAR:MMS
45GF Score
Madmind Studio SA WAR:MMS
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madmind Studio 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.

Madmind Studio'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
=0/1.879
=0.00

Madmind Studio'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
=0/8.384
=0.00

* 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 0.00 mean?
Madmind Studio (WAR:MMS) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Madmind Studio and its competitors.
Is Madmind Studio's Goodwill-to-Asset too high?
Madmind Studio's current Goodwill-to-Asset is 0.00. Overall, Madmind Studio has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madmind Studio's Goodwill-to-Asset compare to NTES and EA?
Madmind Studio's Goodwill-to-Asset of 0.00 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Goodwill-to-Asset depends on the Interactive Media 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 Madmind Studio and its competitors. Madmind Studio's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madmind Studio stock overvalued right now?
Based on GuruFocus' analysis, Madmind Studio (WAR:MMS) is currently considered Significantly Undervalued. The stock's GF Value™ is zł1.31, compared to a current price of zł0.30 — trading 77.1% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Madmind Studio's overall GF Score™ is 45/100 with 5 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 Madmind Studio (WAR:MMS), the current Goodwill-to-Asset is 0.00 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 Madmind Studio (WAR:MMS) Overvalued in 2026?

Based on GuruFocus' analysis, Madmind Studio stock appears to be undervalued. The current stock price of zł0.30 is trading 77.1% below its estimated GF Value™ of zł1.31. GuruFocus considers Madmind Studio to be Significantly Undervalued.

Key valuation signals for WAR:MMS:

  • Goodwill-to-Asset: 0.00
  • GF Value™: zł1.31 vs. price of zł0.30 (77.1% below fair value)
  • GF Score™: 45/100 with 5 warning signs

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


Madmind Studio Business Description

Address ul. Grunwaldzka 229, Bydgoszcz, POL, 85-451
Madmind Studio SA is a video game development company. The studio comprises veteran game developers, who have worked on AAA titles such as The Division, Witcher 3, Sniper: Ghost Warrior 2, Alien Rage, Enemy Front, Real Boxing 2, Godfire: Rise of the Prometheus etc.
45GF Score

Get the complete analysis for WAR:MMS

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

zł0.30
Price
zł1.31
GF Value