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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Kobay Technology Bhd's Goodwill for the quarter that ended in Mar. 2026 was RM0.0 Mil. Kobay Technology Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM709.9 Mil.
Therefore, Kobay Technology Bhd's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.
Kobay Technology Bhd (XKLS:6971) 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.
Kobay Technology Bhd Goodwill-to-Asset Related Terms
Kobay Technology Bhd Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Kobay Technology 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:6971 vs CRS, ATI, MLI: Goodwill-to-Asset Comparison
For the Metal Fabrication subindustry, Kobay Technology 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.
Kobay Technology Bhd Goodwill-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Kobay Technology 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.
Kobay Technology Bhd (XKLS:6971) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Kobay Technology Bhd and its competitors.
Is Kobay Technology Bhd's Goodwill-to-Asset too high?
Kobay Technology Bhd's current Goodwill-to-Asset is 0.00. Overall, Kobay Technology Bhd has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Goodwill-to-Asset compare to CRS and ATI?
Kobay Technology Bhd's Goodwill-to-Asset of 0.00 can be compared against companies in the Industrial 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 an Industrial Products company?
A good Goodwill-to-Asset depends on the Industrial 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 Kobay Technology Bhd and its competitors. Kobay Technology 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 Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.90, compared to a current price of RM2.35 — trading 23.7% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Kobay Technology Bhd's overall GF Score™ is 68/100 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 Kobay Technology Bhd (XKLS:6971), the current Goodwill-to-Asset is 0.00 as of Mar. 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?
Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued.
The current stock price of RM2.35 is trading 23.7% above its estimated GF Value™ of RM1.90.
GuruFocus considers Kobay Technology Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:6971:
Goodwill-to-Asset: 0.00
GF Value™: RM1.90 vs. price of RM2.35 (23.7% above fair value)
No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
68GF Score
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