SMRT Holdings Bhd (XKLS:0117) Goodwill: RM2.82 Mil (As of Mar. 2026)


XKLS:0117 SMRT Holdings Bhd XKLS:0117
46 GF Score
Price RM0.17
GF Value RM0.29
Valuation Possible Value Trap
! 2 Warning Signs
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What is SMRT Holdings Bhd Goodwill?

SMRT Holdings Bhd XKLS:0117 -2.86% 46 Goodwill is RM2.82 Mil as of Mar. 2026. GuruFocus rates XKLS:0117 with a GF Score™ of 46/100 and a GF Value™ of RM0.29 (Possible Value Trap). The stock has 2 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. SMRT Holdings Bhd's goodwill for the quarter that ended in Mar. 2026 was RM2.82 Mil.


SMRT Holdings Bhd  (XKLS:0117) 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.

SMRT Holdings Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill-to-Asset (A: Jun. 2025 )=Goodwill/Total Assets
=2.822/111.64
=0.03

SMRT Holdings Bhd'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
=2.822/128.806
=0.02

* 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.


SMRT Holdings Bhd Goodwill Related Terms


SMRT Holdings Bhd Goodwill Historical Data

* Premium members only.

The historical data trend for SMRT Holdings Bhd'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.

SMRT Holdings Bhd Goodwill Chart

SMRT Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.49 29.99 29.99 2.82 2.82

SMRT Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.82 2.82 2.82 2.82 2.82
XKLS:0117
46GF Score
SMRT Holdings Bhd XKLS:0117
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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SMRT Holdings Bhd 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 RM2.82 Mil mean?
SMRT Holdings Bhd (XKLS:0117) has a Goodwill of RM2.82 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 SMRT Holdings Bhd and its competitors.
Is SMRT Holdings Bhd's Goodwill too high?
SMRT Holdings Bhd's current Goodwill is RM2.82 Mil. Overall, SMRT Holdings Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SMRT Holdings Bhd's Goodwill compare to EDU and TAL?
SMRT Holdings Bhd's Goodwill of RM2.82 Mil can be compared against companies in the Education 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 Education company?
A good Goodwill depends on the Education 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 SMRT Holdings Bhd and its competitors. SMRT Holdings Bhd's current Goodwill is RM2.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMRT Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, SMRT Holdings Bhd (XKLS:0117) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.29, compared to a current price of RM0.17 — trading 41.4% below its estimated fair value. The current Goodwill is RM2.82 Mil. SMRT Holdings Bhd's overall GF Score™ is 46/100 with 2 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 SMRT Holdings Bhd (XKLS:0117), the current Goodwill is RM2.82 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 SMRT Holdings Bhd (XKLS:0117) Overvalued in 2026?

Based on GuruFocus' analysis, SMRT Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 41.4% below its estimated GF Value™ of RM0.29. GuruFocus considers SMRT Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0117:

  • Goodwill: RM2.82 Mil
  • GF Value™: RM0.29 vs. price of RM0.17 (41.4% below fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the XKLS:0117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMRT Holdings Bhd Business Description

Address University of Cyberjaya Campus, Level 8, Tower Block, Persiaran Bestari, Cyber 11, Cyberjaya, SGR, MYS, 63000
SMRT Holdings Bhd is a Malaysian company that is principally engaged in investment holding. The operating segments of the company are Investment Holding and Technology. The Technology segment provides software consultancy and development and its related services and hence it generates maximum revenue for the company. The company operates solely in Malaysia.
46GF Score

Get the complete analysis for XKLS:0117

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

RM0.17
Price
RM0.29
GF Value