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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Hap Seng Consolidated Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM0 Mil. Hap Seng Consolidated Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM19,168 Mil.
Therefore, Hap Seng Consolidated Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Hap Seng Consolidated Bhd (XKLS:3034) 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.
Hap Seng Consolidated Bhd Goodwill-to-Asset Related Terms
Hap Seng Consolidated Bhd 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.
XKLS:3034 vs MMM, HON: Goodwill-to-Asset Comparison
For the Conglomerates subindustry, Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd Goodwill-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hap Seng Consolidated Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Hap Seng Consolidated 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.
Hap Seng Consolidated Bhd (XKLS:3034) 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 Hap Seng Consolidated Bhd and its competitors.
Is Hap Seng Consolidated Bhd's Goodwill-to-Asset too high?
Hap Seng Consolidated Bhd's current Goodwill-to-Asset is 0.00. Overall, Hap Seng Consolidated Bhd has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Consolidated Bhd's Goodwill-to-Asset compare to MMM and HON?
Hap Seng Consolidated Bhd's Goodwill-to-Asset of 0.00 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Goodwill-to-Asset depends on the Conglomerates 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 Hap Seng Consolidated Bhd and its competitors. Hap Seng Consolidated Bhd'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 Hap Seng Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd (XKLS:3034) is currently considered Fairly Valued. The stock's GF Value™ is RM2.96, compared to a current price of RM2.74 — trading 7.4% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Hap Seng Consolidated Bhd's overall GF Score™ is 66/100 with 8 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 Hap Seng Consolidated Bhd (XKLS:3034), 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 Hap Seng Consolidated Bhd (XKLS:3034) Overvalued in 2026?
Based on GuruFocus' analysis, Hap Seng Consolidated Bhd stock appears to be undervalued.
The current stock price of RM2.74 is trading 7.4% below its estimated GF Value™ of RM2.96.
GuruFocus considers Hap Seng Consolidated Bhd to be Fairly Valued.
Key valuation signals for XKLS:3034:
Goodwill-to-Asset: 0.00
GF Value™: RM2.96 vs. price of RM2.74 (7.4% below fair value)
No single metric tells the full story. See the XKLS:3034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hap Seng Consolidated Bhd is an investment holding company. Its segment comprises: Plantation engaged in the cultivation of oil palm and processing of fresh fruit bunches; Property consists of Property investment, property development, and hospitality; Credit financing consists provision of financial services; Automotive engaged in trading in motor vehicles, spare parts and servicing of motor vehicles; Trading consists of Trading and distribution of fertilizers and agro-chemical, trading of general building materials and petroleum products; and Building materials comprise operation of stone quarries and asphalt plants, manufacture of bricks and tiles, distribution and others. The majority of the revenue is generated in Malaysia with smaller operations in Other Asian countries.
66GF Score
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