ETA Group Bhd (XKLS:9946) Goodwill-to-Asset: 0.06 (As of Jun. 2026)

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XKLS:9946 ETA Group Bhd XKLS:9946
38 GF Score
Price RM0.13
GF Value RM0.14
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ETA Group Bhd Goodwill-to-Asset?

ETA Group Bhd XKLS:9946 38 Goodwill-to-Asset is 0.06 as of Jun. 2026. GuruFocus rates XKLS:9946 with a GF Score™ of 38/100 and a GF Value™ of RM0.14 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. ETA Group Bhd's Goodwill for the quarter that ended in Jun. 2026 was RM7.0 Mil. ETA Group Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM116.5 Mil. Therefore, ETA Group Bhd's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.06.


ETA Group Bhd  (XKLS:9946) 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.


ETA Group Bhd Goodwill-to-Asset Related Terms


ETA Group Bhd Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for ETA 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.

ETA Group Bhd Goodwill-to-Asset Chart

ETA Group Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.05 0.05

ETA Group Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.06

XKLS:9946 vs KHC, GIS: Goodwill-to-Asset Comparison

For the Packaged Foods subindustry, ETA 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.


ETA Group Bhd Goodwill-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ETA Group Bhd's Goodwill-to-Asset distribution charts can be found below:

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


XKLS:9946
38GF Score
ETA Group Bhd XKLS:9946
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ETA 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.

ETA Group Bhd's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Goodwill to Asset (A: Jun. 2025 )=Goodwill/Total Assets
=7.037/153.529
=0.05

ETA 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
=7.037/116.452
=0.06

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.06 mean?
ETA Group Bhd (XKLS:9946) has a Goodwill-to-Asset of 0.06 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on ETA Group Bhd and its competitors.
Is ETA Group Bhd's Goodwill-to-Asset too high?
ETA Group Bhd's current Goodwill-to-Asset is 0.06. Overall, ETA Group Bhd has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ETA Group Bhd's Goodwill-to-Asset compare to KHC and GIS?
ETA Group Bhd's Goodwill-to-Asset of 0.06 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Goodwill-to-Asset depends on the Consumer Packaged Goods 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 ETA Group Bhd and its competitors. ETA Group Bhd's current Goodwill-to-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ETA Group Bhd (XKLS:9946) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.13 — trading 10.7% below its estimated fair value. The current Goodwill-to-Asset is 0.06. ETA Group Bhd's overall GF Score™ is 38/100 with 3 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 ETA Group Bhd (XKLS:9946), the current Goodwill-to-Asset is 0.06 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 ETA Group Bhd (XKLS:9946) Overvalued in 2026?

Based on GuruFocus' analysis, ETA Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 10.7% below its estimated GF Value™ of RM0.14. GuruFocus considers ETA Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9946:

  • Goodwill-to-Asset: 0.06
  • GF Value™: RM0.14 vs. price of RM0.13 (10.7% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the XKLS:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ETA Group Bhd Business Description

Address No. 46C, Plaza Damansara, Jalan Medan Setia 2, Bukit Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 50490
ETA Group Bhd is engaged in property development, property management and property investment, as well as construction and construction-related activities, including the trading and supply of construction materials. Its activities include Sourcing of land, Architectural and engineering services, Submission and approvals, Construction, Project management, and Delivery of vacant possession. It operates in two segment the manufacture and distribution of canned food, beverages and premix products and the trading and distribution of construction materials. It derives revenue from Trading and distribution of construction materials segment. Geographically, it operates in Malaysia, Europe, USA, and Asia (excluding Malaysia) with majority of revenue deriving from USA.
38GF Score

Get the complete analysis for XKLS:9946

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

RM0.13
Price
RM0.14
GF Value