WHA Utilities and Power PCL (BKK:WHAUP) Goodwill: ฿2,773 Mil (As of Mar. 2026)


BKK:WHAUP WHA Utilities and Power PCL BKK:WHAUP
83 GF Score
Price ฿6.70
GF Value ฿5.35
Valuation Modestly Overvalued
! 11 Warning Signs
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What is WHA Utilities and Power PCL Goodwill?

WHA Utilities and Power PCL BKK:WHAUP -3.60% 83 Goodwill is ฿2,773 Mil as of Mar. 2026. GuruFocus rates BKK:WHAUP with a GF Score™ of 83/100 and a GF Value™ of ฿5.35 (Modestly Overvalued). The stock has 11 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. WHA Utilities and Power PCL's goodwill for the quarter that ended in Mar. 2026 was ฿2,773 Mil.


WHA Utilities and Power PCL  (BKK:WHAUP) Goodwill Explanation

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.

WHA Utilities and Power PCL'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
=2772.878/31648.207
=0.09

WHA Utilities and Power PCL's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=2772.878/31985.665
=0.09

* 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.

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.


WHA Utilities and Power PCL Goodwill Related Terms


WHA Utilities and Power PCL Goodwill Historical Data

* Premium members only.

The historical data trend for WHA Utilities and Power PCL's Goodwill 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.

WHA Utilities and Power PCL Goodwill Chart

WHA Utilities and Power PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,772.88 2,772.88 2,772.88 2,772.88 2,772.88

WHA Utilities and Power PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 2,772.88 2,772.88 2,772.88 2,772.88 2,772.88
BKK:WHAUP
83GF Score
WHA Utilities and Power PCL BKK:WHAUP
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Utilities and Power PCL Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of ฿2,773 Mil mean?
WHA Utilities and Power PCL (BKK:WHAUP) has a Goodwill of ฿2,773 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on WHA Utilities and Power PCL and its competitors.
Is WHA Utilities and Power PCL's Goodwill too high?
WHA Utilities and Power PCL's current Goodwill is ฿2,773 Mil. Overall, WHA Utilities and Power PCL has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Utilities and Power PCL's Goodwill compare to AWK and WTRG?
WHA Utilities and Power PCL's Goodwill of ฿2,773 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for an Utilities - Regulated company?
A good Goodwill depends on the Utilities - Regulated industry context. However, Goodwill 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 mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on WHA Utilities and Power PCL and its competitors. WHA Utilities and Power PCL's current Goodwill is ฿2,773 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Utilities and Power PCL stock overvalued right now?
Based on GuruFocus' analysis, WHA Utilities and Power PCL (BKK:WHAUP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.35, compared to a current price of ฿6.70 — trading 25.2% above its estimated fair value. The current Goodwill is ฿2,773 Mil. WHA Utilities and Power PCL's overall GF Score™ is 83/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For WHA Utilities and Power PCL (BKK:WHAUP), the current Goodwill is ฿2,773 Mil as of Mar. 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 WHA Utilities and Power PCL (BKK:WHAUP) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Utilities and Power PCL stock appears to be overvalued. The current stock price of ฿6.70 is trading 25.2% above its estimated GF Value™ of ฿5.35. GuruFocus considers WHA Utilities and Power PCL to be Modestly Overvalued.

Key valuation signals for BKK:WHAUP:

  • Goodwill: ฿2,773 Mil
  • GF Value™: ฿5.35 vs. price of ฿6.70 (25.2% above fair value)
  • GF Score™: 83/100 with 11 warning signs

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


WHA Utilities and Power PCL Business Description

Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA Tower 22nd floor, Unit 2203-2205, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Utilities and Power PCL is an integrated utility product and service provider. The group's principal business operations are providing potable water, raw water, clarified water, wastewater treatment, power business, and holding company. It operates in two segments: Water, which generates the vast majority of the company's revenue; and Power, and both segments are segregated into domestic and overseas. Geographically, it generates the majority of its revenue from the domestic market.
83GF Score

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

฿6.70
Price
฿5.35
GF Value