Ajinomoto (Malaysia) Bhd (XKLS:2658) Cyclically Adjusted FCF per Share: RM-0.01 (As of Mar. 2026)

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XKLS:2658 Ajinomoto (Malaysia) Bhd XKLS:2658
74 GF Score
Price RM18.78
GF Value RM16.18
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ajinomoto (Malaysia) Bhd Cyclically Adjusted FCF per Share?

Ajinomoto (Malaysia) Bhd XKLS:2658 -0.11% 74 Cyclically Adjusted FCF per Share is RM-0.01 as of Mar. 2026. GuruFocus rates XKLS:2658 with a GF Score™ of 74/100 and a GF Value™ of RM16.18 (Modestly Overvalued). The stock has 6 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.

Ajinomoto (Malaysia) Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.060. 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 RM-0.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ajinomoto (Malaysia) Bhd's average Cyclically Adjusted FCF Growth Rate was -200.00% 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 Ajinomoto (Malaysia) Bhd was -61.60% per year. The lowest was -68.50% per year. And the median was -62.50% per year.

As of today (2026-07-19), Ajinomoto (Malaysia) Bhd's current stock price is RM18.78. Ajinomoto (Malaysia) Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM-0.01. Ajinomoto (Malaysia) Bhd's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ajinomoto (Malaysia) Bhd was 2030.00. The lowest was 24.00. And the median was 265.84.


Ajinomoto (Malaysia) Bhd  (XKLS:2658) 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 Ajinomoto (Malaysia) Bhd was 2030.00. The lowest was 24.00. And the median was 265.84.


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.


Ajinomoto (Malaysia) Bhd Cyclically Adjusted FCF per Share Related Terms


Ajinomoto (Malaysia) Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ajinomoto (Malaysia) 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.

Ajinomoto (Malaysia) Bhd Cyclically Adjusted FCF per Share Chart

Ajinomoto (Malaysia) Bhd 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 0.19 0.03 0.01 0.01 -0.01

Ajinomoto (Malaysia) 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 0.01 -0.03 0.01 0.04 -0.01

XKLS:2658 vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, Ajinomoto (Malaysia) 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.


Ajinomoto (Malaysia) Bhd Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

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

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


XKLS:2658
74GF Score
Ajinomoto (Malaysia) Bhd XKLS:2658
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajinomoto (Malaysia) 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, Ajinomoto (Malaysia) 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)
=0.06/330.2130*330.2130
=0.060

Current CPI (Mar. 2026) = 330.2130.

Ajinomoto (Malaysia) Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.153 241.018 -0.210
201609 0.200 241.428 0.274
201612 0.066 241.432 0.090
201703 0.493 243.801 0.668
201706 0.077 244.955 0.104
201709 0.324 246.819 0.433
201712 0.251 246.524 0.336
201803 0.210 249.554 0.278
201806 0.054 251.989 0.071
201809 0.329 252.439 0.430
201812 0.087 251.233 0.114
201903 -0.053 254.202 -0.069
201906 -0.125 256.143 -0.161
201909 -0.253 256.759 -0.325
201912 -0.217 256.974 -0.279
202003 -0.233 258.115 -0.298
202006 -0.345 257.797 -0.442
202009 -0.031 260.280 -0.039
202012 -0.450 260.474 -0.570
202103 -0.637 264.877 -0.794
202106 -0.342 271.696 -0.416
202109 -0.112 274.310 -0.135
202112 -0.254 278.802 -0.301
202203 -0.449 287.504 -0.516
202206 -0.754 296.311 -0.840
202209 -0.686 296.808 -0.763
202212 -0.161 296.797 -0.179
202303 0.548 301.836 0.600
202306 0.148 305.109 0.160
202309 0.802 307.789 0.860
202312 0.024 306.746 0.026
202403 -0.160 312.332 -0.169
202406 0.158 314.175 0.166
202409 0.368 315.301 0.385
202412 0.433 315.605 0.453
202503 -0.172 319.799 -0.178
202506 -0.198 322.561 -0.203
202509 0.721 324.800 0.733
202512 0.546 324.054 0.556
202603 0.060 330.213 0.060

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 RM-0.01 mean?
Ajinomoto (Malaysia) Bhd (XKLS:2658) has a Cyclically Adjusted FCF per Share of RM-0.01 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 Ajinomoto (Malaysia) Bhd and its competitors.
Is Ajinomoto (Malaysia) Bhd's Cyclically Adjusted FCF per Share too high?
Ajinomoto (Malaysia) Bhd's current Cyclically Adjusted FCF per Share is RM-0.01. Overall, Ajinomoto (Malaysia) Bhd has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto (Malaysia) Bhd's Cyclically Adjusted FCF per Share compare to KHC and GIS?
Ajinomoto (Malaysia) Bhd's Cyclically Adjusted FCF per Share of RM-0.01 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 Ajinomoto (Malaysia) Bhd and its competitors. Ajinomoto (Malaysia) Bhd's current Cyclically Adjusted FCF per Share is RM-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto (Malaysia) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd (XKLS:2658) is currently considered Modestly Overvalued. The stock's GF Value™ is RM16.18, compared to a current price of RM18.78 — trading 16.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM-0.01. Ajinomoto (Malaysia) Bhd's overall GF Score™ is 74/100 with 6 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 Ajinomoto (Malaysia) Bhd (XKLS:2658), the current Cyclically Adjusted FCF per Share is RM-0.01 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 Ajinomoto (Malaysia) Bhd (XKLS:2658) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto (Malaysia) Bhd stock appears to be overvalued. The current stock price of RM18.78 is trading 16.1% above its estimated GF Value™ of RM16.18. GuruFocus considers Ajinomoto (Malaysia) Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:2658:

  • Cyclically Adjusted FCF per Share: RM-0.01
  • GF Value™: RM16.18 vs. price of RM18.78 (16.1% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the XKLS:2658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajinomoto (Malaysia) Bhd Business Description

Address Lot L1-E-5A and L1-E-5B, Enterprise 4, Technology Park Malaysia, Lebuhraya Puchong - Sg. Besi, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Ajinomoto (Malaysia) Bhd is engaged in manufacturing and selling AJI-NO-MOTO products, and other seasoning and food items. Its Consumer business segment consists of the manufacture and distribution of consumer products including AJI-NO-MOTO, flavor seasoning Tumix, menu seasoning Seri-Aji and other seasonings. Industrial business segment consists of manufacture and distribution of monosodium glutamate for industry-use, industrial seasonings and related products. The company generates the majority of its revenue from Malaysia.
74GF Score

Get the complete analysis for XKLS:2658

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

RM18.78
Price
RM16.18
GF Value