Montrose Good Will from 2010 to 2024

MEG Stock  USD 19.25  1.36  7.60%   
Montrose Environmental's Good Will is decreasing over the last several years with stable swings. Good Will is estimated to finish at about 385.6 M this year. Good Will is an intangible asset that arises when Montrose Environmental Grp acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2002-03-31
Previous Quarter
435.5 M
Current Value
482.6 M
Quarterly Volatility
494.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Montrose Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Montrose Environmental's main balance sheet or income statement drivers, such as Interest Expense of 8.2 M, Selling General Administrative of 172.8 M or Total Revenue of 424.2 M, as well as many indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0094 or PTB Ratio of 3.83. Montrose financial statements analysis is a perfect complement when working with Montrose Environmental Valuation or Volatility modules.
  
Check out the analysis of Montrose Environmental Correlation against competitors.

Latest Montrose Environmental's Good Will Growth Pattern

Below is the plot of the Good Will of Montrose Environmental Grp over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Montrose Environmental's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Montrose Environmental's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Pretty Stable
   Good Will   
       Timeline  

Montrose Good Will Regression Statistics

Arithmetic Mean423,384,089
Geometric Mean251,397,270
Coefficient Of Variation115.43
Mean Deviation323,218,364
Median311,944,000
Standard Deviation488,697,700
Sample Variance238825.4T
Range1.6B
R-Value(0.15)
Mean Square Error251355.1T
R-Squared0.02
Significance0.59
Slope(16,468,581)
Total Sum of Squares3343556.2T

Montrose Good Will History

2024385.6 M
2023364.4 M
2022323.9 M
2021311.9 M
2020274.7 M
2019127.1 M

About Montrose Environmental Financial Statements

Montrose Environmental stakeholders use historical fundamental indicators, such as Montrose Environmental's Good Will, to determine how well the company is positioned to perform in the future. Although Montrose Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in Montrose Environmental's assets and liabilities are reflected in the revenues and expenses on Montrose Environmental's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Montrose Environmental Grp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will364.4 M385.6 M

Currently Active Assets on Macroaxis

When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out the analysis of Montrose Environmental Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Montrose Environmental. If investors know Montrose will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
21.013
Quarterly Revenue Growth
0.064
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.