Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. NetX Holdings Bhd's Goodwill for the quarter that ended in May. 2026 was RM1.53 Mil. NetX Holdings Bhd's Total Assets for the quarter that ended in May. 2026 was RM97.43 Mil.
Therefore, NetX Holdings Bhd's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.02.
NetX Holdings Bhd (XKLS:0020) Goodwill-to-Asset Explanation
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.
NetX Holdings Bhd Goodwill-to-Asset Related Terms
NetX Holdings Bhd Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for NetX Holdings Bhd's Goodwill-to-Asset 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.
XKLS:0020 vs IBM, ACN, CTSH: Goodwill-to-Asset Comparison
For the Information Technology Services subindustry, NetX Holdings Bhd'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.
NetX Holdings Bhd Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, NetX Holdings Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where NetX Holdings Bhd'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.
NetX Holdings Bhd (XKLS:0020) has a Goodwill-to-Asset of 0.02 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on NetX Holdings Bhd and its competitors.
Is NetX Holdings Bhd's Goodwill-to-Asset too high?
NetX Holdings Bhd's current Goodwill-to-Asset is 0.02.
How does NetX Holdings Bhd's Goodwill-to-Asset compare to IBM and ACN?
NetX Holdings Bhd's Goodwill-to-Asset of 0.02 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 NetX Holdings Bhd and its competitors. NetX Holdings Bhd's current Goodwill-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.05 — trading 25% above its estimated fair value. The current Goodwill-to-Asset is 0.02. 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 NetX Holdings Bhd (XKLS:0020), the current Goodwill-to-Asset is 0.02 as of May. 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.
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0020 has been successfully added to your 
