Honda Atlas Cars Pakistan (KAR:HCAR) Cyclically Adjusted FCF per Share: ₨-1.40 (As of Mar. 2026)

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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
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:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
59 GF Score
Price ₨242.54
GF Value ₨465.47
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Honda Atlas Cars Pakistan Cyclically Adjusted FCF per Share?

Honda Atlas Cars Pakistan KAR:HCAR 59 Cyclically Adjusted FCF per Share is ₨-1.40 as of Mar. 2026. GuruFocus rates KAR:HCAR with a GF Score™ of 59/100 and a GF Value™ of ₨465.47 (Significantly Undervalued). The stock has 2 warning signs investors should review.

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.

Honda Atlas Cars Pakistan's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₨100.158. 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 ₨-1.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Honda Atlas Cars Pakistan's average Cyclically Adjusted FCF Growth Rate was -127.40% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Honda Atlas Cars Pakistan was -30.90% per year. The lowest was -30.90% per year. And the median was -30.90% per year.

As of today (2026-07-16), Honda Atlas Cars Pakistan's current stock price is ₨242.54. Honda Atlas Cars Pakistan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₨-1.40. Honda Atlas Cars Pakistan's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Honda Atlas Cars Pakistan was 453.90. The lowest was 7.05. And the median was 24.90.


Honda Atlas Cars Pakistan  (KAR:HCAR) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Honda Atlas Cars Pakistan was 453.90. The lowest was 7.05. And the median was 24.90.


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.


Honda Atlas Cars Pakistan Cyclically Adjusted FCF per Share Related Terms


Honda Atlas Cars Pakistan Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars 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.

Honda Atlas Cars Pakistan Cyclically Adjusted FCF per Share Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.52 10.46 -1.59 5.11 -1.40

Honda Atlas Cars 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 5.11 4.92 2.68 -7.75 -1.40

KAR:HCAR vs TSLA, GM, F: Cyclically Adjusted FCF per Share Comparison

For the Auto Manufacturers subindustry, Honda Atlas Cars 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.


Honda Atlas Cars Pakistan Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Atlas Cars Pakistan's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


KAR:HCAR
59GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Atlas Cars 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, Honda Atlas Cars 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)
=100.158/330.2130*330.2130
=100.158

Current CPI (Mar. 2026) = 330.2130.

Honda Atlas Cars Pakistan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 12.287 241.018 16.834
201609 71.874 241.428 98.306
201612 31.598 241.432 43.217
201703 48.808 243.801 66.107
201706 6.725 244.955 9.066
201709 21.494 246.819 28.756
201712 -38.559 246.524 -51.649
201803 29.415 249.554 38.922
201806 -26.312 251.989 -34.480
201809 -73.170 252.439 -95.713
201812 -38.065 251.233 -50.031
201903 -23.725 254.202 -30.819
201906 -20.460 256.143 -26.377
201909 -77.938 256.759 -100.235
201912 8.567 256.974 11.009
202003 81.210 258.115 103.894
202006 -53.778 257.797 -68.884
202009 93.159 260.280 118.189
202012 40.647 260.474 51.530
202103 -22.620 264.877 -28.200
202106 70.024 271.696 85.106
202109 56.065 274.310 67.491
202112 -112.132 278.802 -132.809
202203 5.263 287.504 6.045
202206 -5.549 296.311 -6.184
202209 -77.038 296.808 -85.708
202212 -14.935 296.797 -16.617
202303 57.165 301.836 62.539
202306 -4.792 305.109 -5.186
202309 -43.828 307.789 -47.021
202312 -130.770 306.746 -140.774
202403 41.721 312.332 44.110
202406 33.215 314.175 34.911
202409 -12.095 315.301 -12.667
202412 16.656 315.605 17.427
202503 40.507 319.799 41.826
202506 -0.909 322.561 -0.931
202509 -19.288 324.800 -19.609
202512 -103.568 324.054 -105.536
202603 100.158 330.213 100.158

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 ₨-1.40 mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a Cyclically Adjusted FCF per Share of ₨-1.40 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 Honda Atlas Cars Pakistan and its competitors.
Is Honda Atlas Cars Pakistan's Cyclically Adjusted FCF per Share too high?
Honda Atlas Cars Pakistan's current Cyclically Adjusted FCF per Share is ₨-1.40. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's Cyclically Adjusted FCF per Share compare to TSLA and GM?
Honda Atlas Cars Pakistan's Cyclically Adjusted FCF per Share of ₨-1.40 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Honda Atlas Cars Pakistan and its competitors. Honda Atlas Cars Pakistan's current Cyclically Adjusted FCF per Share is ₨-1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨465.47, compared to a current price of ₨242.54 — trading 47.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₨-1.40. Honda Atlas Cars Pakistan's overall GF Score™ is 59/100 with 2 warning signs to review. 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 Honda Atlas Cars Pakistan (KAR:HCAR), the current Cyclically Adjusted FCF per Share is ₨-1.40 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 Honda Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨242.54 is trading 47.9% below its estimated GF Value™ of ₨465.47. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • Cyclically Adjusted FCF per Share: ₨-1.40
  • GF Value™: ₨465.47 vs. price of ₨242.54 (47.9% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
59GF Score

Get the complete analysis for KAR:HCAR

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

₨242.54
Price
₨465.47
GF Value