Melewar Industrial Group Bhd (XKLS:3778) Goodwill-to-Asset: (As of Jun. 2026)

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XKLS:3778 Melewar Industrial Group Bhd XKLS:3778
42 GF Score
Price RM0.13
GF Value RM0.20
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Melewar Industrial Group Bhd Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Melewar Industrial Group Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM Mil. Melewar Industrial Group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM734.6 Mil. Therefore, Melewar Industrial Group Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was .


Melewar Industrial Group Bhd  (XKLS:3778) 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.


Melewar Industrial Group Bhd Goodwill-to-Asset Related Terms


Melewar Industrial Group Bhd Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Melewar Industrial Group 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.

Melewar Industrial Group Bhd Goodwill-to-Asset Chart

Melewar Industrial Group Bhd Annual Data
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Melewar Industrial Group Bhd Quarterly Data
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XKLS:3778 vs NUE, STLD, RS: Goodwill-to-Asset Comparison

For the Steel subindustry, Melewar Industrial Group 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.


Melewar Industrial Group Bhd Goodwill-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Melewar Industrial Group Bhd's Goodwill-to-Asset falls into.


XKLS:3778
42GF Score
Melewar Industrial Group Bhd XKLS:3778
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melewar Industrial Group Bhd Goodwill-to-Asset Calculation

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.

Melewar Industrial Group Bhd's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Goodwill to Asset (A: Jun. 2026 )=Goodwill/Total Assets
=/734.632
=0.00

Melewar Industrial Group Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=/734.632
=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.

Is Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 37.5% below its estimated GF Value™ of RM0.20. GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3778:

  • Goodwill-to-Asset:
  • GF Value™: RM0.20 vs. price of RM0.13 (37.5% below fair value)
  • GF Score™: 42/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melewar Industrial Group Bhd Business Description

Address No. 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200
Melewar Industrial Group Bhd is a Malaysian industrial holding company whose subsidiaries manufacture steel products. Its principal operations comprise the Steel Tube segment, which produces and sells steel pipes and tubes, and the Cold Rolled Coil segment, which manufactures and sells cold-rolled coils; the cold-rolled coil business contributes the largest share of group revenue. The group also holds an investment segment covering stakes in subsidiaries and quoted and unquoted equity securities, alongside other activities spanning food, trade-retail, modular construction, and metal scrap trading. Its customers are mainly industrial and manufacturing buyers of steel products, and the group derives most of its revenue from Malaysia. Revenue comes primarily from the sale of manufactured steel tube and cold-rolled coil products, supplemented by trading and investment income.
42GF Score

Get the complete analysis for XKLS:3778

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

RM0.13
Price
RM0.20
GF Value