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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Excel Force MSC Bhd's intangible assets for the quarter that ended in Mar. 2026 was RM24.22 Mil.
Excel Force MSC Bhd (XKLS:0065) Intangible Assets Explanation
If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.
The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.
Some intangibles are amortized. Amortization is the depreciation of intangible assets.
Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.
Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.
If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.
Intangibles acquired are on balance sheet at fair value.
Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.
One of the reasons competitive advantage power can remain hidden for so long.
Be Aware
Companies may change the way intangible assets are amortized, and this will affect their reported earnings.
Excel Force MSC Bhd Intangible Assets Related Terms
Excel Force MSC Bhd Intangible Assets Historical Data
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The historical data trend for Excel Force MSC Bhd's Intangible Assets 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.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.
What does a Intangible Assets of RM24.22 Mil mean?
Excel Force MSC Bhd (XKLS:0065) has a Intangible Assets of RM24.22 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Excel Force MSC Bhd and its competitors.
Is Excel Force MSC Bhd's Intangible Assets too high?
Excel Force MSC Bhd's current Intangible Assets is RM24.22 Mil. Overall, Excel Force MSC Bhd has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Excel Force MSC Bhd's Intangible Assets compare to QH and SHOP?
Excel Force MSC Bhd's Intangible Assets of RM24.22 Mil 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 Intangible Assets for a Software company?
A good Intangible Assets depends on the Software industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Excel Force MSC Bhd and its competitors. Excel Force MSC Bhd's current Intangible Assets is RM24.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Force MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Excel Force MSC Bhd (XKLS:0065) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.25, compared to a current price of RM0.17 — trading 32% below its estimated fair value. The current Intangible Assets is RM24.22 Mil. Excel Force MSC Bhd's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Excel Force MSC Bhd (XKLS:0065), the current Intangible Assets is RM24.22 Mil 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 Excel Force MSC Bhd (XKLS:0065) Overvalued in 2026?
Based on GuruFocus' analysis, Excel Force MSC Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 32% below its estimated GF Value™ of RM0.25.
GuruFocus considers Excel Force MSC Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0065:
Intangible Assets: RM24.22 Mil
GF Value™: RM0.25 vs. price of RM0.17 (32% below fair value)
No single metric tells the full story. See the XKLS:0065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.
53GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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