Carlsberg Brewery Malaysia Bhd (XKLS:2836) Goodwill: RM0 Mil (As of Mar. 2026)

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XKLS:2836 Carlsberg Brewery Malaysia Bhd XKLS:2836
81 GF Score
Price RM16.10
GF Value RM19.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Carlsberg Brewery Malaysia Bhd Goodwill?

Carlsberg Brewery Malaysia Bhd XKLS:2836 +0.50% 81 Goodwill is RM0 Mil as of Mar. 2026. GuruFocus rates XKLS:2836 with a GF Score™ of 81/100 and a GF Value™ of RM19.38 (Modestly Undervalued). 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. Carlsberg Brewery Malaysia Bhd's goodwill for the quarter that ended in Mar. 2026 was RM0 Mil.


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) 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.

Carlsberg Brewery Malaysia Bhd'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
=2.634/1050.253
=0.00

Carlsberg Brewery Malaysia 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
=0/1152.713
=0.00

* 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.


Carlsberg Brewery Malaysia Bhd Goodwill Related Terms


Carlsberg Brewery Malaysia Bhd Goodwill Historical Data

* Premium members only.

The historical data trend for Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd Goodwill Chart

Carlsberg Brewery Malaysia Bhd 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 2.63 2.63 2.63 2.63 2.63

Carlsberg Brewery Malaysia Bhd 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 0.00 0.00 0.00 2.63 0.00
XKLS:2836
81GF Score
Carlsberg Brewery Malaysia Bhd XKLS:2836
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlsberg Brewery Malaysia 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 RM0 Mil mean?
Carlsberg Brewery Malaysia Bhd (XKLS:2836) has a Goodwill of RM0 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 Carlsberg Brewery Malaysia Bhd and its competitors.
Is Carlsberg Brewery Malaysia Bhd's Goodwill too high?
Carlsberg Brewery Malaysia Bhd's current Goodwill is RM0 Mil. Overall, Carlsberg Brewery Malaysia Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg Brewery Malaysia Bhd's Goodwill compare to BUD and STZ?
Carlsberg Brewery Malaysia Bhd's Goodwill of RM0 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Goodwill depends on the Beverages - Alcoholic 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 Carlsberg Brewery Malaysia Bhd and its competitors. Carlsberg Brewery Malaysia Bhd's current Goodwill is RM0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg Brewery Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd (XKLS:2836) is currently considered Modestly Undervalued. The stock's GF Value™ is RM19.38, compared to a current price of RM16.10 — trading 16.9% below its estimated fair value. The current Goodwill is RM0 Mil. Carlsberg Brewery Malaysia Bhd's overall GF Score™ is 81/100 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 Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current Goodwill is RM0 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 Carlsberg Brewery Malaysia Bhd (XKLS:2836) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd stock appears to be undervalued. The current stock price of RM16.10 is trading 16.9% below its estimated GF Value™ of RM19.38. GuruFocus considers Carlsberg Brewery Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2836:

  • Goodwill: RM0 Mil
  • GF Value™: RM19.38 vs. price of RM16.10 (16.9% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the XKLS:2836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlsberg Brewery Malaysia Bhd Business Description

Address No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
Carlsberg Brewery Malaysia Bhd produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. The company also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra. The company has three segments: Malaysia, Singapore, and Others. It generates the majority of its revenue from the Malaysia segment, which includes manufacturing, marketing, and distribution of both alcoholic and non-alcoholic beverages by entities in Malaysia.
81GF Score

Get the complete analysis for XKLS:2836

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

RM16.10
Price
RM19.38
GF Value