AppAsia Bhd (XKLS:0119) Cyclically Adjusted FCF per Share: RM0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XKLS:0119 AppAsia Bhd XKLS:0119
40 GF Score
Price RM0.11
GF Value RM0.10
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is AppAsia Bhd Cyclically Adjusted FCF per Share?

AppAsia Bhd XKLS:0119 40 Cyclically Adjusted FCF per Share is RM0.00 as of Mar. 2026. GuruFocus rates XKLS:0119 with a GF Score™ of 40/100 and a GF Value™ of RM0.10 (Fairly Valued). The stock has 3 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.

AppAsia Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.001. 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 RM0.00 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 (2026-07-16), AppAsia Bhd's current stock price is RM0.11. AppAsia Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.00. AppAsia Bhd's Cyclically Adjusted Price-to-FCF of today is .


AppAsia Bhd  (XKLS:0119) 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.


AppAsia Bhd Cyclically Adjusted FCF per Share Related Terms


AppAsia Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for AppAsia Bhd'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.

AppAsia Bhd Cyclically Adjusted FCF per Share Chart

AppAsia Bhd 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 -0.01 0.00 0.00 0.00

AppAsia Bhd 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 0.00

XKLS:0119 vs UBER, SHOP, CRM: Cyclically Adjusted FCF per Share Comparison

For the Software - Application subindustry, AppAsia Bhd'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.


AppAsia Bhd Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, AppAsia Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:0119
40GF Score
AppAsia Bhd XKLS:0119
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppAsia Bhd 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, AppAsia Bhd'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)
=0.001/330.2130*330.2130
=0.001

Current CPI (Mar. 2026) = 330.2130.

AppAsia Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.001 241.018 -0.001
201609 -0.001 241.428 -0.001
201612 -0.001 241.432 -0.001
201703 -0.001 243.801 -0.001
201706 -0.001 244.955 -0.001
201709 0.001 246.819 0.001
201712 0.000 246.524 0.000
201803 -0.004 249.554 -0.005
201806 0.000 251.989 0.000
201809 -0.013 252.439 -0.017
201812 0.001 251.233 0.001
201903 0.008 254.202 0.010
201906 -0.008 256.143 -0.010
201909 -0.004 256.759 -0.005
201912 0.007 256.974 0.009
202003 -0.007 258.115 -0.009
202006 0.000 257.797 0.000
202009 0.006 260.280 0.008
202012 0.000 260.474 0.000
202103 0.003 264.877 0.004
202106 0.001 271.696 0.001
202109 0.001 274.310 0.001
202112 -0.005 278.802 -0.006
202203 0.003 287.504 0.003
202206 -0.004 296.311 -0.004
202209 0.001 296.808 0.001
202212 -0.004 296.797 -0.004
202303 0.003 301.836 0.003
202306 0.000 305.109 0.000
202309 -0.003 307.789 -0.003
202312 0.003 306.746 0.003
202403 -0.004 312.332 -0.004
202406 0.000 314.175 0.000
202409 -0.003 315.301 -0.003
202412 0.001 315.605 0.001
202503 -0.002 319.799 -0.002
202506 0.000 322.561 0.000
202509 0.000 324.800 0.000
202512 -0.004 324.054 -0.004
202603 0.001 330.213 0.001

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 RM0.00 mean?
AppAsia Bhd (XKLS:0119) has a Cyclically Adjusted FCF per Share of RM0.00 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 AppAsia Bhd and its competitors.
Is AppAsia Bhd's Cyclically Adjusted FCF per Share too high?
AppAsia Bhd's current Cyclically Adjusted FCF per Share is RM0.00. Overall, AppAsia Bhd has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's Cyclically Adjusted FCF per Share compare to UBER and SHOP?
AppAsia Bhd's Cyclically Adjusted FCF per Share of RM0.00 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 Cyclically Adjusted FCF per Share for a Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 AppAsia Bhd and its competitors. AppAsia Bhd's current Cyclically Adjusted FCF per Share is RM0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Fairly Valued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.11 — trading 10% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.00. AppAsia Bhd's overall GF Score™ is 40/100 with 3 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 AppAsia Bhd (XKLS:0119), the current Cyclically Adjusted FCF per Share is RM0.00 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?

Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued. The current stock price of RM0.11 is trading 10% above its estimated GF Value™ of RM0.10. GuruFocus considers AppAsia Bhd to be Fairly Valued.

Key valuation signals for XKLS:0119:

  • Cyclically Adjusted FCF per Share: RM0.00
  • GF Value™: RM0.10 vs. price of RM0.11 (10% above fair value)
  • GF Score™: 40/100 with 3 warning signs

No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppAsia Bhd Business Description

Address No. 105 Jalan Ampang, 1-40-1, Menara Bangkok Bank, Berjaya Central Park, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
40GF Score

Get the complete analysis for XKLS:0119

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

RM0.11
Price
RM0.10
GF Value