PT Multi Garam Utama Tbk (ISX:FOLK) Goodwill: Rp2,763 Mil (As of Dec. 2025)


ISX:FOLK PT Multi Garam Utama Tbk ISX:FOLK
17 GF Score
Price Rp214.00
GF Value Rp32.52
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Multi Garam Utama Tbk Goodwill?

PT Multi Garam Utama Tbk ISX:FOLK +12.63% 17 Goodwill is Rp2,763 Mil as of Dec. 2025. GuruFocus rates ISX:FOLK with a GF Score™ of 17/100 and a GF Value™ of Rp32.52 (Significantly Overvalued). The stock has 1 warning sign 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. PT Multi Garam Utama Tbk's goodwill for the quarter that ended in Dec. 2025 was Rp2,763 Mil.


PT Multi Garam Utama Tbk  (ISX:FOLK) 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.

PT Multi Garam Utama Tbk'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
=2763.491/76205.023
=0.04

PT Multi Garam Utama Tbk's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (Q: Dec. 2025 )=Goodwill/Total Assets
=2763.491/76205.023
=0.04

* 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.


PT Multi Garam Utama Tbk Goodwill Related Terms


PT Multi Garam Utama Tbk Goodwill Historical Data

* Premium members only.

The historical data trend for PT Multi Garam Utama Tbk'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.

PT Multi Garam Utama Tbk Goodwill Chart

PT Multi Garam Utama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Goodwill
1,554.64 2,763.49 2,763.49 2,763.49 2,763.49

PT Multi Garam Utama Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Goodwill 1,554.64 2,763.49 2,763.49 2,763.49 2,763.49
ISX:FOLK
17GF Score
PT Multi Garam Utama Tbk ISX:FOLK
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Garam Utama Tbk 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 Rp2,763 Mil mean?
PT Multi Garam Utama Tbk (ISX:FOLK) has a Goodwill of Rp2,763 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on PT Multi Garam Utama Tbk and its competitors.
Is PT Multi Garam Utama Tbk's Goodwill too high?
PT Multi Garam Utama Tbk's current Goodwill is Rp2,763 Mil. Overall, PT Multi Garam Utama Tbk has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Multi Garam Utama Tbk's Goodwill compare to AMZN and BABA?
PT Multi Garam Utama Tbk's Goodwill of Rp2,763 Mil can be compared against companies in the Retail - Cyclical 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 a Retail - Cyclical company?
A good Goodwill depends on the Retail - Cyclical 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 PT Multi Garam Utama Tbk and its competitors. PT Multi Garam Utama Tbk's current Goodwill is Rp2,763 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Garam Utama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Multi Garam Utama Tbk (ISX:FOLK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.52, compared to a current price of Rp214.00 — trading 558.1% above its estimated fair value. The current Goodwill is Rp2,763 Mil. PT Multi Garam Utama Tbk's overall GF Score™ is 17/100 with 1 warning sign 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 PT Multi Garam Utama Tbk (ISX:FOLK), the current Goodwill is Rp2,763 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 PT Multi Garam Utama Tbk (ISX:FOLK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Multi Garam Utama Tbk stock appears to be overvalued. The current stock price of Rp214.00 is trading 558.1% above its estimated GF Value™ of Rp32.52. GuruFocus considers PT Multi Garam Utama Tbk to be Significantly Overvalued.

Key valuation signals for ISX:FOLK:

  • Goodwill: Rp2,763 Mil
  • GF Value™: Rp32.52 vs. price of Rp214.00 (558.1% above fair value)
  • GF Score™: 17/100 with 1 warning sign

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


PT Multi Garam Utama Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Prosperity Tower Unit 17th Floor, District 8, SCBD, Kel. Senayan, Kec. Kebayoran Baru, Jakarta Selatan, Jakarta, IDN, 12190
PT Multi Garam Utama Tbk is a multi-sector holding entity operating under 3 main business pillars, namely New Age Media Commerce, Omni-Channel Retail Brands, and Intellectual Property & Community. The company categorized its operational segments into 5 segments: holding, media, cosmetics, footwear, and soap. The Soap segment derives majority of the revenue.
17GF Score

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

Rp214.00
Price
Rp32.52
GF Value