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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Millennium Group International Holdings's intangible assets for the quarter that ended in Dec. 2025 was $0.05 Mil.
Millennium Group International Holdings (NAS:MGIH) 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.
Millennium Group International Holdings Intangible Assets Related Terms
Millennium Group International Holdings Intangible Assets Historical Data
* 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.
Millennium Group International Holdings Intangible Assets Chart
Millennium Group International Holdings Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Intangible Assets
0.56
0.43
0.29
0.20
0.10
Millennium Group International Holdings Semi-Annual Data
Millennium Group International Holdings 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.
Millennium Group International Holdings (MGIH) has a Intangible Assets of $0.05 Mil as of Dec. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Millennium Group International Holdings and its competitors.
Is Millennium Group International Holdings' Intangible Assets too high?
Millennium Group International Holdings' current Intangible Assets is $0.05 Mil. Overall, Millennium Group International Holdings has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group International Holdings' Intangible Assets compare to YHGJ and DSS?
Millennium Group International Holdings' Intangible Assets of $0.05 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Intangible Assets depends on the Packaging & Containers 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 Millennium Group International Holdings and its competitors. Millennium Group International Holdings's current Intangible Assets is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group International Holdings (MGIH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.79, compared to a current price of $1.53 — trading 93.7% above its estimated fair value. The current Intangible Assets is $0.05 Mil. Millennium Group International Holdings' overall GF Score™ is 32/100 with 2 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 Millennium Group International Holdings (MGIH), the current Intangible Assets is $0.05 Mil 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 Millennium Group International Holdings (MGIH) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group International Holdings stock appears to be overvalued.
The current stock price of $1.53 is trading 93.7% above its estimated GF Value™ of $0.79.
GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.
Key valuation signals for MGIH:
Intangible Assets: $0.05 Mil
GF Value™: $0.79 vs. price of $1.53 (93.7% above fair value)
No single metric tells the full story. See the MGIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group International Holdings Ltd supplies paper-based packaging solutions, including inner packaging boxes produced with offset or flexo printing and outer corrugated boxes used for transportation, storage, pallets, and point-of-purchase displays. The company manufactures corrugated products of different sizes, shapes, thicknesses, and strengths according to customer specifications. It also operates a supply chain management business in Vietnam to service international clients who source their packaging needs from Vietnam and other ASEAN countries. The corrugated paper is durable, versatile, economical, and lightweight.
32GF Score
Get the complete analysis for MGIH
Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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