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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. RedPlanet Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM6.68 Mil. RedPlanet Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM47.03 Mil.
Therefore, RedPlanet Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.14.
RedPlanet Bhd (XKLS:03036) 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.
RedPlanet Bhd Goodwill-to-Asset Related Terms
RedPlanet Bhd Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for RedPlanet 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:03036 vs IBM, ACN, CTSH: Goodwill-to-Asset Comparison
For the Information Technology Services subindustry, RedPlanet 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.
RedPlanet Bhd Goodwill-to-Asset vs Software Industry
For the Software industry and Technology sector, RedPlanet Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where RedPlanet 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.
RedPlanet Bhd (XKLS:03036) has a Goodwill-to-Asset of 0.14 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on RedPlanet Bhd and its competitors.
Is RedPlanet Bhd's Goodwill-to-Asset too high?
RedPlanet Bhd's current Goodwill-to-Asset is 0.14. Overall, RedPlanet Bhd has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RedPlanet Bhd's Goodwill-to-Asset compare to IBM and ACN?
RedPlanet Bhd's Goodwill-to-Asset of 0.14 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 RedPlanet Bhd and its competitors. RedPlanet Bhd's current Goodwill-to-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedPlanet Bhd stock overvalued right now?
Based on GuruFocus' analysis, RedPlanet Bhd (XKLS:03036) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.27 — trading 68.8% above its estimated fair value. The current Goodwill-to-Asset is 0.14. RedPlanet Bhd's overall GF Score™ is 71/100 with 7 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 RedPlanet Bhd (XKLS:03036), the current Goodwill-to-Asset is 0.14 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 RedPlanet Bhd (XKLS:03036) Overvalued in 2026?
Based on GuruFocus' analysis, RedPlanet Bhd stock appears to be overvalued.
The current stock price of RM0.27 is trading 68.8% above its estimated GF Value™ of RM0.16.
GuruFocus considers RedPlanet Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:03036:
Goodwill-to-Asset: 0.14
GF Value™: RM0.16 vs. price of RM0.27 (68.8% above fair value)
No single metric tells the full story. See the XKLS:03036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedPlanet Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of GIS solutions, ICT solutions, as well as maintenance and support services. Its GIS solutions assist its customers in activities such as location search, navigation, logistics routing, customer targeting, and urban planning. The company also provides enterprise-wide business-oriented tools involving data management processes such as data collection, data processing, data digitization, and others. Geographically, the company derives maximum revenue from its customers in Malaysia followed by India, Brunei, Philippines, and other regions.
71GF Score
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