Mulpha International Bhd (XKLS:3905) Intangible Assets: RM29 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:3905 Mulpha International Bhd XKLS:3905
70 GF Score
Price RM2.90
GF Value RM4.55
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mulpha International Bhd Intangible Assets?

Mulpha International Bhd XKLS:3905 -0.34% 70 Intangible Assets is RM29 Mil as of Mar. 2026. GuruFocus rates XKLS:3905 with a GF Score™ of 70/100 and a GF Value™ of RM4.55 (Possible Value Trap). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Mulpha International Bhd's intangible assets for the quarter that ended in Mar. 2026 was RM29 Mil.


Mulpha International Bhd  (XKLS:3905) 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.


Mulpha International Bhd Intangible Assets Related Terms


Mulpha International Bhd Intangible Assets Historical Data

* Premium members only.

The historical data trend for Mulpha International 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.

Mulpha International Bhd Intangible Assets Chart

Mulpha International Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.41 46.33 65.00 56.00 29.00

Mulpha International Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets 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 55.35 61.38 62.47 29.00 28.91
XKLS:3905
70GF Score
Mulpha International Bhd XKLS:3905
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulpha International Bhd Intangible Assets Calculation

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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of RM29 Mil mean?
Mulpha International Bhd (XKLS:3905) has a Intangible Assets of RM29 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Mulpha International Bhd and its competitors.
Is Mulpha International Bhd's Intangible Assets too high?
Mulpha International Bhd's current Intangible Assets is RM29 Mil. Overall, Mulpha International Bhd has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulpha International Bhd's Intangible Assets compare to MMM and HON?
Mulpha International Bhd's Intangible Assets of RM29 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 Mulpha International Bhd and its competitors. Mulpha International Bhd's current Intangible Assets is RM29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulpha International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mulpha International Bhd (XKLS:3905) is currently considered Possible Value Trap. The stock's GF Value™ is RM4.55, compared to a current price of RM2.90 — trading 36.3% below its estimated fair value. The current Intangible Assets is RM29 Mil. Mulpha International Bhd's overall GF Score™ is 70/100 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 Mulpha International Bhd (XKLS:3905), the current Intangible Assets is RM29 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 Mulpha International Bhd (XKLS:3905) Overvalued in 2026?

Based on GuruFocus' analysis, Mulpha International Bhd stock appears to be undervalued. The current stock price of RM2.90 is trading 36.3% below its estimated GF Value™ of RM4.55. GuruFocus considers Mulpha International Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3905:

  • Intangible Assets: RM29 Mil
  • GF Value™: RM4.55 vs. price of RM2.90 (36.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulpha International Bhd Business Description

Address No. 12A, Jalan PJU 7/3, Suite 11-1, The Office Club, Level 11, Menara Mudajaya, Mutiara Damansara, Petaling Jay, SGR, MYS, 47810
Mulpha International Bhd is an investment holding company. The operating segments of the company are Hospitality and Leisure, which derive key revenue, including hotel and service apartment ownership and/or operation, food and beverage operation, entertainment and events; Property Development; Property Investment and Finance that consists of real estate investment, licensed money lending, and financial service provider; and Investment and Others includes investment holding, investment in securities, education and others. Its geographical segments include Australia, Malaysia, and New Zealand, of which Australia derives the maximum revenue.
70GF Score

Get the complete analysis for XKLS:3905

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

RM2.90
Price
RM4.55
GF Value