Martifer SGPS (FRA:FRW) Intangible Assets: €11.2 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:FRW Martifer SGPS SA FRA:FRW
72 GF Score
Price €2.25
GF Value €2.25
! 5 Warning Signs
View Full Analysis

What is Martifer SGPS Intangible Assets?

Martifer SGPS FRA:FRW -0.44% 72 Intangible Assets is €11.2 Mil as of Jun. 2026. GuruFocus rates FRA:FRW with a GF Score™ of 72/100 and a GF Value™ of €2.25. The stock has 5 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Martifer SGPS's intangible assets for the quarter that ended in Jun. 2026 was €11.2 Mil.


Martifer SGPS  (FRA:FRW) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Martifer SGPS Intangible Assets Related Terms


Martifer SGPS Intangible Assets Historical Data

* Premium members only.

The historical data trend for Martifer SGPS's Intangible Assets 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.

Martifer SGPS Intangible Assets Chart

Martifer SGPS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.47 11.53 11.36 11.35 11.27

Martifer SGPS Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intangible Assets 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 11.35 11.40 11.27 11.24
FRA:FRW
72GF Score
Martifer SGPS SA FRA:FRW
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martifer SGPS Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of €11.2 Mil mean?
Martifer SGPS (FRA:FRW) has a Intangible Assets of €11.2 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Martifer SGPS and its competitors.
Is Martifer SGPS's Intangible Assets too high?
Martifer SGPS's current Intangible Assets is €11.2 Mil. Overall, Martifer SGPS has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Martifer SGPS's Intangible Assets compare to PWR and FIX?
Martifer SGPS's Intangible Assets of €11.2 Mil 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 Intangible Assets for a Construction company?
A good Intangible Assets depends on the Construction industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Martifer SGPS and its competitors. Martifer SGPS's current Intangible Assets is €11.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martifer SGPS stock overvalued right now?
Martifer SGPS (FRA:FRW) has a current Intangible Assets of €11.2 Mil. The stock's GF Value™ is €2.25, compared to a current price of €2.25 — trading right at its estimated fair value. The current Intangible Assets is €11.2 Mil. Martifer SGPS's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Martifer SGPS (FRA:FRW), the current Intangible Assets is €11.2 Mil 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 Martifer SGPS (FRA:FRW) Overvalued in 2026?

Based on GuruFocus' analysis, Martifer SGPS stock appears to be undervalued. The current stock price of €2.25 is trading 0% below its estimated GF Value™ of €2.25.

Key valuation signals for FRA:FRW:

  • Intangible Assets: €11.2 Mil
  • GF Value™: €2.25 vs. price of €2.25 (0% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Martifer SGPS Business Description

Other Exchanges MAR:Portugal0GOI:UK
Address Apartado 17, Zona Industrial, Oliveira de Frades, PRT, 3684-001
Martifer SGPS SA is Portugal based holding company. Along with its subsidiaries, the firm operates in three business divisions: Metallic Constructions, which provides metallic constructions, aluminum and glass facades, and infrastructures for oil & gas; Naval Industry segment includes shipbuilding as well as the rendering of ship repair and ship conversion services; and Renewables segment includes the promotion and development of renewable energy projects, with special focus on the wind energy sector. Its geographical segments are Iberian Peninsula, Central Europe, and Other markets.
72GF Score

Get the complete analysis for FRA:FRW

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

€2.25
Price
€2.25
GF Value