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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 Hanjaya Mandalampoerna Tbk Goodwill-to-Asset Related Terms
PT Hanjaya Mandalampoerna Tbk Goodwill-to-Asset Historical Data
* 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.
PHJMF vs PM, MO, TPB: Goodwill-to-Asset Comparison
For the Tobacco subindustry, PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PT Hanjaya Mandalampoerna Tbk Goodwill-to-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset falls into.
* 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 Hanjaya Mandalampoerna Tbk (PHJMF) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on PT Hanjaya Mandalampoerna Tbk and its competitors.
Is PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset too high?
PT Hanjaya Mandalampoerna Tbk's current Goodwill-to-Asset is 0.00. Overall, PT Hanjaya Mandalampoerna Tbk has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset compare to PM and MO?
PT Hanjaya Mandalampoerna Tbk's Goodwill-to-Asset of 0.00 can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Tobacco Products company?
A good Goodwill-to-Asset depends on the Tobacco Products industry context. However, Goodwill-to-Asset 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-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on PT Hanjaya Mandalampoerna Tbk and its competitors. PT Hanjaya Mandalampoerna Tbk's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hanjaya Mandalampoerna Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk (PHJMF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.06, compared to a current price of $0.04 — trading 33.5% below its estimated fair value. The current Goodwill-to-Asset is 0.00. PT Hanjaya Mandalampoerna Tbk's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For PT Hanjaya Mandalampoerna Tbk (PHJMF), the current Goodwill-to-Asset is 0.00 as of Jun. 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 PT Hanjaya Mandalampoerna Tbk (PHJMF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Hanjaya Mandalampoerna Tbk stock appears to be undervalued.
The current stock price of $0.04 is trading 33.5% below its estimated GF Value™ of $0.06.
GuruFocus considers PT Hanjaya Mandalampoerna Tbk to be Significantly Undervalued.
Key valuation signals for PHJMF:
Goodwill-to-Asset: 0.00
GF Value™: $0.06 vs. price of $0.04 (33.5% below fair value)
No single metric tells the full story. See the PHJMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Hanjaya Mandala Sampoerna Tbk is an Indonesian tobacco company. The company produces a number of brands of cigarettes and is well known, such as Sampoerna A, Sampoerna Kretek, Malboro, Magnum, Dji Sam Soe, and others. The scope of activities of the company comprises, among others manufacturing, trading, and distributing cigarettes. The company's flagship brand is Dji Sam Soe Kretek.
90GF Score
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