Gas Malaysia Bhd (XKLS:5209) Goodwill: RM0 Mil (As of Mar. 2026)


XKLS:5209 Gas Malaysia Bhd XKLS:5209
77 GF Score
Price RM5.15
GF Value RM3.66
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Gas Malaysia Bhd Goodwill?

Gas Malaysia Bhd XKLS:5209 -0.96% 77 Goodwill is RM0 Mil as of Mar. 2026. GuruFocus rates XKLS:5209 with a GF Score™ of 77/100 and a GF Value™ of RM3.66 (Significantly Overvalued). The stock has 5 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. Gas Malaysia Bhd's goodwill for the quarter that ended in Mar. 2026 was RM0 Mil.


Gas Malaysia Bhd  (XKLS:5209) 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.

Gas 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
=0/3707.74
=0.00

Gas 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
=0/3725.52
=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.


Gas Malaysia Bhd Goodwill Related Terms


Gas Malaysia Bhd Goodwill Historical Data

* Premium members only.

The historical data trend for Gas 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.

Gas Malaysia Bhd Goodwill Chart

Gas Malaysia Bhd Annual Data
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Gas Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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XKLS:5209
77GF Score
Gas Malaysia Bhd XKLS:5209
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Gas 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?
Gas Malaysia Bhd (XKLS:5209) 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 Gas Malaysia Bhd and its competitors.
Is Gas Malaysia Bhd's Goodwill too high?
Gas Malaysia Bhd's current Goodwill is RM0 Mil. Overall, Gas Malaysia Bhd has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gas Malaysia Bhd's Goodwill compare to ATO and NI?
Gas Malaysia Bhd's Goodwill of RM0 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 Gas Malaysia Bhd and its competitors. Gas 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 Gas Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Gas Malaysia Bhd (XKLS:5209) is currently considered Significantly Overvalued. The stock's GF Value™ is RM3.66, compared to a current price of RM5.15 — trading 40.7% above its estimated fair value. The current Goodwill is RM0 Mil. Gas Malaysia Bhd's overall GF Score™ is 77/100 with 5 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 Gas Malaysia Bhd (XKLS:5209), 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 Gas Malaysia Bhd (XKLS:5209) Overvalued in 2026?

Based on GuruFocus' analysis, Gas Malaysia Bhd stock appears to be overvalued. The current stock price of RM5.15 is trading 40.7% above its estimated GF Value™ of RM3.66. GuruFocus considers Gas Malaysia Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5209:

  • Goodwill: RM0 Mil
  • GF Value™: RM3.66 vs. price of RM5.15 (40.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the XKLS:5209 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gas Malaysia Bhd Business Description

Address 5, Jalan Serendah 26/17, Seksyen 26, Shah Alam, SGR, MYS, 40732
Gas Malaysia Bhd is engaged in the sale, marketing, and distribution of natural gas to residential, commercial, and industrial customers, as well as the development, operation, and maintenance of the Natural Gas Distribution System (NGDS) in Peninsular Malaysia. The company segments its operations into Natural Gas & LPG and Others. Nearly all of Gas Malaysia's revenue is derived from its Natural Gas and LPG division. Its revenue is mainly derived from the sales of natural gas to industrial, commercial, and residential customers. The group sells gas to customers in various forms, namely natural gas, LPG, and CNG.
77GF Score

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

RM5.15
Price
RM3.66
GF Value