Tecnicas Reunidas (XMAD:TRE) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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XMAD:TRE Tecnicas Reunidas SA XMAD:TRE
63 GF Score
Price €26.34
GF Value €22.02
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tecnicas Reunidas Goodwill-to-Asset?

Tecnicas Reunidas XMAD:TRE -0.30% 63 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates XMAD:TRE with a GF Score™ of 63/100 and a GF Value™ of €22.02 (Modestly Overvalued). The stock has 2 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. Tecnicas Reunidas's Goodwill for the quarter that ended in Jun. 2026 was €0 Mil. Tecnicas Reunidas's Total Assets for the quarter that ended in Jun. 2026 was €6,437 Mil. Therefore, Tecnicas Reunidas's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


Tecnicas Reunidas  (XMAD:TRE) 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.


Tecnicas Reunidas Goodwill-to-Asset Related Terms


Tecnicas Reunidas Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Goodwill-to-Asset Chart

Tecnicas Reunidas 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 0.00 0.00 0.00 0.00 0.00

Tecnicas Reunidas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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

XMAD:TRE vs PWR, FIX, EME: Goodwill-to-Asset Comparison

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas Goodwill-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Tecnicas Reunidas's Goodwill-to-Asset distribution charts can be found below:

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


XMAD:TRE
63GF Score
Tecnicas Reunidas SA XMAD:TRE
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnicas Reunidas 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.

Tecnicas Reunidas'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
=0/5880.695
=0.00

Tecnicas Reunidas's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/6437.488
=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?
Tecnicas Reunidas (XMAD:TRE) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Tecnicas Reunidas and its competitors.
Is Tecnicas Reunidas' Goodwill-to-Asset too high?
Tecnicas Reunidas' current Goodwill-to-Asset is 0.00. Overall, Tecnicas Reunidas has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Goodwill-to-Asset compare to PWR and FIX?
Tecnicas Reunidas' Goodwill-to-Asset of 0.00 can be compared against companies in the Construction 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 Construction company?
A good Goodwill-to-Asset depends on the Construction 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 Tecnicas Reunidas and its competitors. Tecnicas Reunidas'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 Tecnicas Reunidas stock overvalued right now?
Based on GuruFocus' analysis, Tecnicas Reunidas (XMAD:TRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.02, compared to a current price of €26.34 — trading 19.6% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Tecnicas Reunidas' overall GF Score™ is 63/100 with 2 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 Tecnicas Reunidas (XMAD:TRE), the current Goodwill-to-Asset is 0.00 as of Jun. 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 Tecnicas Reunidas (XMAD:TRE) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued. The current stock price of €26.34 is trading 19.6% above its estimated GF Value™ of €22.02. GuruFocus considers Tecnicas Reunidas to be Modestly Overvalued.

Key valuation signals for XMAD:TRE:

  • Goodwill-to-Asset: 0.00
  • GF Value™: €22.02 vs. price of €26.34 (19.6% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Tecnicas Reunidas Business Description

Address Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
63GF Score

Get the complete analysis for XMAD:TRE

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

€26.34
Price
€22.02
GF Value