Haleon Pakistan (KAR:HALEON) Cyclically Adjusted FCF per Share: ₨-888.30 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:HALEON Haleon Pakistan Ltd KAR:HALEON
94 GF Score
Price ₨755.73
GF Value ₨777.97
Valuation Fairly Valued
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What is Haleon Pakistan Cyclically Adjusted FCF per Share?

Haleon Pakistan KAR:HALEON +0.06% 94 Cyclically Adjusted FCF per Share is ₨-888.30 as of Mar. 2026. GuruFocus rates KAR:HALEON with a GF Score™ of 94/100 and a GF Value™ of ₨777.97 (Fairly Valued).

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Haleon Pakistan's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₨-1.836. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₨-888.30 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-08-11), Haleon Pakistan's current stock price is ₨755.73. Haleon Pakistan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₨-888.30. Haleon Pakistan's Cyclically Adjusted Price-to-FCF of today is .


Haleon Pakistan  (KAR:HALEON) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Haleon Pakistan Cyclically Adjusted FCF per Share Related Terms


Haleon Pakistan Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Haleon Pakistan's Cyclically Adjusted FCF per Share 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.

Haleon Pakistan Cyclically Adjusted FCF per Share Chart

Haleon Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Haleon Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 -888.30

KAR:HALEON vs PG, CL, KVUE: Cyclically Adjusted FCF per Share Comparison

For the Household & Personal Products subindustry, Haleon Pakistan's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Haleon Pakistan Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Haleon Pakistan's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Haleon Pakistan's Cyclically Adjusted Price-to-FCF falls into.


KAR:HALEON
94GF Score
Haleon Pakistan Ltd KAR:HALEON
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haleon Pakistan Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Haleon Pakistan's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.836/330.2130*330.2130
=-1.836

Current CPI (Mar. 2026) = 330.2130.

Haleon Pakistan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 -1.519 241.428 -2.078
201612 9.042 241.432 12.367
201703 0.951 243.801 1.288
201706 -1.464 244.955 -1.974
201709 3.748 246.819 5.014
201712 2.325 246.524 3.114
201803 -1.571 249.554 -2.079
201806 -1.515 251.989 -1.985
201809 -1.706 252.439 -2.232
201812 -1.535 251.233 -2.018
201903 0.803 254.202 1.043
201906 0.857 256.143 1.105
201909 3.231 256.759 4.155
201912 2.020 256.974 2.596
202003 2.722 258.115 3.482
202006 -0.064 257.797 -0.082
202009 0.206 260.280 0.261
202012 14.754 260.474 18.704
202103 -1.232 264.877 -1.536
202106 3.341 271.696 4.061
202109 6.033 274.310 7.262
202112 0.836 278.802 0.990
202203 0.568 287.504 0.652
202206 -15.727 296.311 -17.526
202209 1.926 296.808 2.143
202212 17.255 296.797 19.198
202303 -7.051 301.836 -7.714
202306 -8,120.350 305.109 -8,788.483
202309 5.487 307.789 5.887
202312 12.129 306.746 13.057
202403 -7.375 312.332 -7.797
202406 25.865 314.175 27.185
202409 9.841 315.301 10.306
202412 1.145 315.605 1.198
202503 13.290 319.799 13.723
202506 2.301 322.561 2.356
202509 -1.653 324.800 -1.681
202512 16.600 324.054 16.916
202603 -1.836 330.213 -1.836

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ₨-888.30 mean?
Haleon Pakistan (KAR:HALEON) has a Cyclically Adjusted FCF per Share of ₨-888.30 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Haleon Pakistan and its competitors.
Is Haleon Pakistan's Cyclically Adjusted FCF per Share too high?
Haleon Pakistan's current Cyclically Adjusted FCF per Share is ₨-888.30. Overall, Haleon Pakistan has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haleon Pakistan's Cyclically Adjusted FCF per Share compare to PG and CL?
Haleon Pakistan's Cyclically Adjusted FCF per Share of ₨-888.30 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 Cyclically Adjusted FCF per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Haleon Pakistan and its competitors. Haleon Pakistan's current Cyclically Adjusted FCF per Share is ₨-888.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haleon Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Haleon Pakistan (KAR:HALEON) is currently considered Fairly Valued. The stock's GF Value™ is ₨777.97, compared to a current price of ₨755.73 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₨-888.30. Haleon Pakistan's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Haleon Pakistan (KAR:HALEON), the current Cyclically Adjusted FCF per Share is ₨-888.30 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 Haleon Pakistan (KAR:HALEON) Overvalued in 2026?

Based on GuruFocus' analysis, Haleon Pakistan stock appears to be undervalued. The current stock price of ₨755.73 is trading 2.9% below its estimated GF Value™ of ₨777.97. GuruFocus considers Haleon Pakistan to be Fairly Valued.

Key valuation signals for KAR:HALEON:

  • Cyclically Adjusted FCF per Share: ₨-888.30
  • GF Value™: ₨777.97 vs. price of ₨755.73 (2.9% below fair value)
  • GF Score™: 94/100

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


Haleon Pakistan Business Description

Address HC-3, Block 4, Scheme-5, Clifton, 11-A, 11th Floor, Sky Tower (East Wing), Dolmen City, Karachi, SD, PAK, 75600
Haleon Pakistan Ltd is engaged in the manufacturing, marketing, and sale of consumer healthcare products in Pakistan. The company operates into one segment which is the consumer healthcare segment. It offers various products in the areas of Pain Relief, Respiratory, Oral Health, Nutrition/Gastrointestinal, and Skin Health. Some of its pharmaceutical brands include Pain Relief, Oral Health, Respiratory Health, and Wellness and Nutrition.
94GF Score

Get the complete analysis for KAR:HALEON

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨755.73
Price
₨777.97
GF Value