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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Makstil AD's Goodwill for the quarter that ended in Dec. 2025 was MKD0 Mil. Makstil AD's Total Assets for the quarter that ended in Dec. 2025 was MKD9,680 Mil.
Makstil AD (XMAE:STIL) 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.
Makstil AD Goodwill-to-Asset Related Terms
Makstil AD Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Makstil AD'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.
XMAE:STIL vs NUE, STLD, RS: Goodwill-to-Asset Comparison
For the Steel subindustry, Makstil AD'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.
Makstil AD Goodwill-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Makstil AD's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Makstil AD'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.
Makstil AD (XMAE:STIL) has a Goodwill-to-Asset of 0.00 as of Dec. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Makstil AD and its competitors.
Is Makstil AD's Goodwill-to-Asset too high?
Makstil AD's current Goodwill-to-Asset is 0.00. Overall, Makstil AD has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Goodwill-to-Asset compare to NUE and STLD?
Makstil AD's Goodwill-to-Asset of 0.00 can be compared against companies in the Steel 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 Steel company?
A good Goodwill-to-Asset depends on the Steel 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 Makstil AD and its competitors. Makstil AD'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 Makstil AD stock overvalued right now?
Based on GuruFocus' analysis, Makstil AD (XMAE:STIL) is currently considered Fairly Valued. The stock's GF Value™ is MKD106.61, compared to a current price of MKD110.00 — trading 3.2% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Makstil AD's overall GF Score™ is 72/100 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 Makstil AD (XMAE:STIL), the current Goodwill-to-Asset is 0.00 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 Makstil AD (XMAE:STIL) Overvalued in 2026?
Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued.
The current stock price of MKD110.00 is trading 3.2% above its estimated GF Value™ of MKD106.61.
GuruFocus considers Makstil AD to be Fairly Valued.
Key valuation signals for XMAE:STIL:
Goodwill-to-Asset: 0.00
GF Value™: MKD106.61 vs. price of MKD110.00 (3.2% above fair value)
No single metric tells the full story. See the XMAE:STIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
72GF Score
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