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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. IJM Bhd's intangible assets for the quarter that ended in Mar. 2026 was RM3,400 Mil.
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.
IJM Bhd Intangible Assets Related Terms
IJM Bhd Intangible Assets Historical Data
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The historical data trend for IJM 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 RM3,400 Mil mean?
IJM Bhd (XKLS:3336) has a Intangible Assets of RM3,400 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on IJM Bhd and its competitors.
Is IJM Bhd's Intangible Assets too high?
IJM Bhd's current Intangible Assets is RM3,400 Mil. Overall, IJM Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Intangible Assets compare to MMM and HON?
IJM Bhd's Intangible Assets of RM3,400 Mil 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 Intangible Assets for a Conglomerates company?
A good Intangible Assets depends on the Conglomerates 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 IJM Bhd and its competitors. IJM Bhd's current Intangible Assets is RM3,400 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Fairly Valued. The stock's GF Value™ is RM2.84, compared to a current price of RM2.71 — trading 4.6% below its estimated fair value. The current Intangible Assets is RM3,400 Mil. IJM Bhd's overall GF Score™ is 78/100 with 10 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 IJM Bhd (XKLS:3336), the current Intangible Assets is RM3,400 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 IJM Bhd (XKLS:3336) Overvalued in 2026?
Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued.
The current stock price of RM2.71 is trading 4.6% below its estimated GF Value™ of RM2.84.
GuruFocus considers IJM Bhd to be Fairly Valued.
Key valuation signals for XKLS:3336:
Intangible Assets: RM3,400 Mil
GF Value™: RM2.84 vs. price of RM2.71 (4.6% below fair value)
No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
78GF 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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