Mesiniaga Bhd (XKLS:5011) Intangible Assets: RM6.4 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKLS:5011 Mesiniaga Bhd XKLS:5011
59 GF Score
Price RM1.19
GF Value RM1.38
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Mesiniaga Bhd Intangible Assets?

Mesiniaga Bhd XKLS:5011 59 Intangible Assets is RM6.4 Mil as of Mar. 2026. GuruFocus rates XKLS:5011 with a GF Score™ of 59/100 and a GF Value™ of RM1.38 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Mesiniaga Bhd's intangible assets for the quarter that ended in Mar. 2026 was RM6.4 Mil.


Mesiniaga Bhd  (XKLS:5011) 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.


Mesiniaga Bhd Intangible Assets Related Terms


Mesiniaga Bhd Intangible Assets Historical Data

* Premium members only.

The historical data trend for Mesiniaga 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.

Mesiniaga Bhd Intangible Assets Chart

Mesiniaga Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
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Mesiniaga 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 0.00 0.00 0.00 0.00 6.38
XKLS:5011
59GF Score
Mesiniaga Bhd XKLS:5011
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mesiniaga 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 RM6.4 Mil mean?
Mesiniaga Bhd (XKLS:5011) has a Intangible Assets of RM6.4 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Mesiniaga Bhd and its competitors.
Is Mesiniaga Bhd's Intangible Assets too high?
Mesiniaga Bhd's current Intangible Assets is RM6.4 Mil. Overall, Mesiniaga Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesiniaga Bhd's Intangible Assets compare to IBM and ACN?
Mesiniaga Bhd's Intangible Assets of RM6.4 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 Mesiniaga Bhd and its competitors. Mesiniaga Bhd's current Intangible Assets is RM6.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesiniaga Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mesiniaga Bhd (XKLS:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.38, compared to a current price of RM1.19 — trading 13.8% below its estimated fair value. The current Intangible Assets is RM6.4 Mil. Mesiniaga Bhd's overall GF Score™ is 59/100 with 7 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 Mesiniaga Bhd (XKLS:5011), the current Intangible Assets is RM6.4 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 Mesiniaga Bhd (XKLS:5011) Overvalued in 2026?

Based on GuruFocus' analysis, Mesiniaga Bhd stock appears to be undervalued. The current stock price of RM1.19 is trading 13.8% below its estimated GF Value™ of RM1.38. GuruFocus considers Mesiniaga Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5011:

  • Intangible Assets: RM6.4 Mil
  • GF Value™: RM1.38 vs. price of RM1.19 (13.8% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mesiniaga Bhd Business Description

Address 1A, Jalan SS16/1, 11th Floor, Menara Mesiniaga, Subang Jaya, SGR, MYS, 47500
Mesiniaga Bhd is involved in the sale and service of information technology products and related services. Its products include Minits, LegalEye, Chatgu, Ailmu, eHandbook Assistant, Translate Helper, and NetSysCare. The company operates principally in Malaysia and in one business segment being sales of information technology (IT) products and services. It generates revenue from the sales of hardware and software, and rendering of services, which include support and maintenance services and application development services.
59GF Score

Get the complete analysis for XKLS:5011

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

RM1.19
Price
RM1.38
GF Value