Menang (M) Bhd (XKLS:1694) Cyclically Adjusted FCF per Share: RM0.21 (As of Mar. 2026)

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XKLS:1694 Menang Corp (M) Bhd XKLS:1694
40 GF Score
Price RM0.66
GF Value RM0.55
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Menang (M) Bhd Cyclically Adjusted FCF per Share?

Menang (M) Bhd XKLS:1694 40 Cyclically Adjusted FCF per Share is RM0.21 as of Mar. 2026. GuruFocus rates XKLS:1694 with a GF Score™ of 40/100 and a GF Value™ of RM0.55 (Modestly Overvalued). The stock has 9 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.

Menang (M) Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.029. 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 RM0.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Menang (M) Bhd's average Cyclically Adjusted FCF Growth Rate was 23.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 85.00% 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 Menang (M) Bhd was 146.60% per year. The lowest was 85.00% per year. And the median was 115.80% per year.

As of today (2026-07-19), Menang (M) Bhd's current stock price is RM0.655. Menang (M) Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.21. Menang (M) Bhd's Cyclically Adjusted Price-to-FCF of today is 3.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Menang (M) Bhd was 63.50. The lowest was 3.00. And the median was 6.59.


Menang (M) Bhd  (XKLS:1694) 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.

Menang (M) Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.655/0.21
=3.12

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Menang (M) Bhd was 63.50. The lowest was 3.00. And the median was 6.59.


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.


Menang (M) Bhd Cyclically Adjusted FCF per Share Related Terms


Menang (M) Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Menang (M) 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.

Menang (M) Bhd Cyclically Adjusted FCF per Share Chart

Menang (M) Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.09 0.15 0.19

Menang (M) 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 0.17 0.19 0.19 0.20 0.21

XKLS:1694 vs CBRE, BEKE, JLL: Cyclically Adjusted FCF per Share Comparison

For the Real Estate Services subindustry, Menang (M) 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.


Menang (M) Bhd Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Menang (M) Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Menang (M) Bhd's Cyclically Adjusted Price-to-FCF falls into.


XKLS:1694
40GF Score
Menang Corp (M) Bhd XKLS:1694
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Menang (M) 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, Menang (M) 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)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Menang (M) Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.124 241.018 0.170
201609 -0.003 241.428 -0.004
201612 0.071 241.432 0.097
201703 0.003 243.801 0.004
201706 0.023 244.955 0.031
201709 0.163 246.819 0.218
201712 -0.064 246.524 -0.086
201803 0.047 249.554 0.062
201806 0.017 251.989 0.022
201809 0.060 252.439 0.078
201812 0.099 251.233 0.130
201903 0.003 254.202 0.004
201906 0.046 256.143 0.059
201909 0.029 256.759 0.037
201912 0.052 256.974 0.067
202003 0.042 258.115 0.054
202006 0.044 257.797 0.056
202009 0.040 260.280 0.051
202012 0.038 260.474 0.048
202103 0.116 264.877 0.145
202106 -0.027 271.696 -0.033
202109 0.071 274.310 0.085
202112 0.044 278.802 0.052
202203 0.060 287.504 0.069
202206 0.037 296.311 0.041
202209 0.008 296.808 0.009
202212 0.086 296.797 0.096
202303 0.044 301.836 0.048
202306 0.049 305.109 0.053
202309 0.046 307.789 0.049
202312 0.057 306.746 0.061
202403 0.169 312.332 0.179
202406 -0.083 314.175 -0.087
202409 0.013 315.301 0.014
202412 0.062 315.605 0.065
202503 0.026 319.799 0.027
202506 0.024 322.561 0.025
202509 0.016 324.800 0.016
202512 0.050 324.054 0.051
202603 0.029 330.213 0.029

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 RM0.21 mean?
Menang (M) Bhd (XKLS:1694) has a Cyclically Adjusted FCF per Share of RM0.21 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 Menang (M) Bhd and its competitors.
Is Menang (M) Bhd's Cyclically Adjusted FCF per Share too high?
Menang (M) Bhd's current Cyclically Adjusted FCF per Share is RM0.21. Overall, Menang (M) Bhd has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Menang (M) Bhd's Cyclically Adjusted FCF per Share compare to CBRE and BEKE?
Menang (M) Bhd's Cyclically Adjusted FCF per Share of RM0.21 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted FCF per Share depends on the Real Estate 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 Menang (M) Bhd and its competitors. Menang (M) Bhd's current Cyclically Adjusted FCF per Share is RM0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menang (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Menang (M) Bhd (XKLS:1694) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.55, compared to a current price of RM0.66 — trading 19.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.21. Menang (M) Bhd's overall GF Score™ is 40/100 with 9 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 Menang (M) Bhd (XKLS:1694), the current Cyclically Adjusted FCF per Share is RM0.21 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 Menang (M) Bhd (XKLS:1694) Overvalued in 2026?

Based on GuruFocus' analysis, Menang (M) Bhd stock appears to be overvalued. The current stock price of RM0.66 is trading 19.1% above its estimated GF Value™ of RM0.55. GuruFocus considers Menang (M) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:1694:

  • Cyclically Adjusted FCF per Share: RM0.21
  • GF Value™: RM0.55 vs. price of RM0.66 (19.1% above fair value)
  • GF Score™: 40/100 with 9 warning signs

No single metric tells the full story. See the XKLS:1694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Menang (M) Bhd Business Description

Address Jalan Kuchai Maju 5, Wisma OZ, No. 11-1, Jalan Kuchai Lama, Kuchai Entrepreneurs Park, Wilayah Persekutuan, Kuala Lumpur, MYS, 58200
Menang Corp (M) Bhd is an investment holding company with subsidiaries principally involved in concession projects and property development. The company has three reportable segments as follows: i) Property development: Development of residential and commercial properties, ii) Investment holding: Investment holding and provision of management services, iii) Concession arrangements: Construction and maintenance of facilities and infrastructure. The company generates maximum revenue from the Concession Arrangements segment. Its activities are conducted principally in Malaysia.
40GF Score

Get the complete analysis for XKLS:1694

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

RM0.66
Price
RM0.55
GF Value