IOI Bhd (XKLS:1961) Cyclically Adjusted FCF per Share: RM0.15 (As of Mar. 2026)

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XKLS:1961 IOI Corp Bhd XKLS:1961
81 GF Score
Price RM4.47
GF Value RM4.13
Valuation Fairly Valued
! 5 Warning Signs
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What is IOI Bhd Cyclically Adjusted FCF per Share?

IOI Bhd XKLS:1961 +0.45% 81 Cyclically Adjusted FCF per Share is RM0.15 as of Mar. 2026. GuruFocus rates XKLS:1961 with a GF Score™ of 81/100 and a GF Value™ of RM4.13 (Fairly Valued). The stock has 5 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.

IOI Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.053. 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 RM0.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IOI Bhd's average Cyclically Adjusted FCF Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.40% 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.

As of today (2026-07-30), IOI Bhd's current stock price is RM4.47. IOI Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.15. IOI Bhd's Cyclically Adjusted Price-to-FCF of today is 29.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IOI Bhd was 30.53. The lowest was 19.00. And the median was 23.00.


IOI Bhd  (XKLS:1961) 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.

IOI Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.47/0.15
=29.80

* 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 IOI Bhd was 30.53. The lowest was 19.00. And the median was 23.00.


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.


IOI Bhd Cyclically Adjusted FCF per Share Related Terms


IOI Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IOI 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.

IOI Bhd Cyclically Adjusted FCF per Share Chart

IOI 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 0.18 0.20 0.18 0.17 0.16

IOI 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 0.16 0.16 0.15 0.15 0.15

XKLS:1961 vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, IOI 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.


IOI Bhd Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

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

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


XKLS:1961
81GF Score
IOI Corp Bhd XKLS:1961
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IOI 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, IOI 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)
=0.053/330.2130*330.2130
=0.053

Current CPI (Mar. 2026) = 330.2130.

IOI Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.037 241.018 0.051
201609 0.030 241.428 0.041
201612 -0.012 241.432 -0.016
201703 0.062 243.801 0.084
201706 0.045 244.955 0.061
201709 0.061 246.819 0.082
201712 0.022 246.524 0.029
201803 0.045 249.554 0.060
201806 0.019 251.989 0.025
201809 0.003 252.439 0.004
201812 0.014 251.233 0.018
201903 0.055 254.202 0.071
201906 0.054 256.143 0.070
201909 0.039 256.759 0.050
201912 0.009 256.974 0.012
202003 -0.022 258.115 -0.028
202006 0.048 257.797 0.061
202009 0.035 260.280 0.044
202012 0.041 260.474 0.052
202103 -0.029 264.877 -0.036
202106 -0.004 271.696 -0.005
202109 0.071 274.310 0.085
202112 -0.025 278.802 -0.030
202203 0.102 287.504 0.117
202206 0.071 296.311 0.079
202209 0.056 296.808 0.062
202212 0.110 296.797 0.122
202303 0.053 301.836 0.058
202306 0.016 305.109 0.017
202309 0.017 307.789 0.018
202312 0.027 306.746 0.029
202403 0.024 312.332 0.025
202406 0.022 314.175 0.023
202409 0.006 315.301 0.006
202412 0.040 315.605 0.042
202503 0.009 319.799 0.009
202506 0.002 322.561 0.002
202509 0.030 324.800 0.030
202512 0.034 324.054 0.035
202603 0.053 330.213 0.053

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 RM0.15 mean?
IOI Bhd (XKLS:1961) has a Cyclically Adjusted FCF per Share of RM0.15 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 IOI Bhd and its competitors.
Is IOI Bhd's Cyclically Adjusted FCF per Share too high?
IOI Bhd's current Cyclically Adjusted FCF per Share is RM0.15. Overall, IOI Bhd has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IOI Bhd's Cyclically Adjusted FCF per Share compare to KHC and GIS?
IOI Bhd's Cyclically Adjusted FCF per Share of RM0.15 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 IOI Bhd and its competitors. IOI Bhd's current Cyclically Adjusted FCF per Share is RM0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOI Bhd stock overvalued right now?
Based on GuruFocus' analysis, IOI Bhd (XKLS:1961) is currently considered Fairly Valued. The stock's GF Value™ is RM4.13, compared to a current price of RM4.47 — trading 8.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.15. IOI Bhd's overall GF Score™ is 81/100 with 5 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 IOI Bhd (XKLS:1961), the current Cyclically Adjusted FCF per Share is RM0.15 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 IOI Bhd (XKLS:1961) Overvalued in 2026?

Based on GuruFocus' analysis, IOI Bhd stock appears to be overvalued. The current stock price of RM4.47 is trading 8.2% above its estimated GF Value™ of RM4.13. GuruFocus considers IOI Bhd to be Fairly Valued.

Key valuation signals for XKLS:1961:

  • Cyclically Adjusted FCF per Share: RM0.15
  • GF Value™: RM4.13 vs. price of RM4.47 (8.2% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the XKLS:1961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IOI Bhd Business Description

Address Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported to many different customers, including some multinational corporations. The Group has two (2) reportable operating segments: Plantation, Resource-based manufacturing.
81GF Score

Get the complete analysis for XKLS:1961

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

RM4.47
Price
RM4.13
GF Value