IJM Bhd (XKLS:3336) Cyclically Adjusted FCF per Share: RM0.16 (As of Mar. 2026)

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XKLS:3336 IJM Corp Bhd XKLS:3336
80 GF Score
Price RM2.31
GF Value RM2.84
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is IJM Bhd Cyclically Adjusted FCF per Share?

IJM Bhd XKLS:3336 +0.43% 80 Cyclically Adjusted FCF per Share is RM0.16 as of Mar. 2026. GuruFocus rates XKLS:3336 with a GF Score™ of 80/100 and a GF Value™ of RM2.84 (Modestly Undervalued). The stock has 7 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.

IJM Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM-0.057. 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 RM0.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IJM Bhd's average Cyclically Adjusted FCF Growth Rate was -20.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% 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 IJM Bhd was 21.10% per year. The lowest was 0.00% per year. And the median was 17.70% per year.

As of today (2026-07-15), IJM Bhd's current stock price is RM2.31. IJM Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.16. IJM Bhd's Cyclically Adjusted Price-to-FCF of today is 14.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of IJM Bhd was 32.43. The lowest was 9.19. And the median was 14.22.


IJM Bhd  (XKLS:3336) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.31/0.16
=14.44

* 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 IJM Bhd was 32.43. The lowest was 9.19. And the median was 14.22.


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.


IJM Bhd Cyclically Adjusted FCF per Share Related Terms


IJM Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for IJM 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.

IJM Bhd Cyclically Adjusted FCF per Share Chart

IJM 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 0.13 0.16 0.19 0.20 0.16

IJM 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 0.20 0.18 0.18 0.17 0.16

XKLS:3336 vs HON, MMM: Cyclically Adjusted FCF per Share Comparison

For the Conglomerates subindustry, IJM 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.


IJM Bhd Cyclically Adjusted Price-to-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, IJM Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:3336
80GF Score
IJM Corp Bhd XKLS:3336
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IJM 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, IJM 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)
=-0.057/330.2130*330.2130
=-0.057

Current CPI (Mar. 2026) = 330.2130.

IJM Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.046 241.018 0.063
201609 0.023 241.428 0.031
201612 0.069 241.432 0.094
201703 0.192 243.801 0.260
201706 -0.022 244.955 -0.030
201709 -0.017 246.819 -0.023
201712 0.023 246.524 0.031
201803 0.088 249.554 0.116
201806 -0.094 251.989 -0.123
201809 -0.020 252.439 -0.026
201812 -0.081 251.233 -0.106
201903 0.055 254.202 0.071
201906 -0.008 256.143 -0.010
201909 -0.009 256.759 -0.012
201912 0.116 256.974 0.149
202003 0.157 258.115 0.201
202006 0.019 257.797 0.024
202009 0.017 260.280 0.022
202012 0.136 260.474 0.172
202103 0.026 264.877 0.032
202106 0.055 271.696 0.067
202109 0.035 274.310 0.042
202112 0.069 278.802 0.082
202203 0.068 287.504 0.078
202206 0.053 296.311 0.059
202209 0.084 296.808 0.093
202212 0.004 296.797 0.004
202303 0.116 301.836 0.127
202306 0.005 305.109 0.005
202309 0.086 307.789 0.092
202312 0.149 306.746 0.160
202403 0.016 312.332 0.017
202406 0.008 314.175 0.008
202409 0.090 315.301 0.094
202412 0.054 315.605 0.056
202503 -0.066 319.799 -0.068
202506 -0.146 322.561 -0.149
202509 0.013 324.800 0.013
202512 -0.017 324.054 -0.017
202603 -0.057 330.213 -0.057

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 RM0.16 mean?
IJM Bhd (XKLS:3336) has a Cyclically Adjusted FCF per Share of RM0.16 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 IJM Bhd and its competitors.
Is IJM Bhd's Cyclically Adjusted FCF per Share too high?
IJM Bhd's current Cyclically Adjusted FCF per Share is RM0.16. Overall, IJM Bhd has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Cyclically Adjusted FCF per Share compare to HON and MMM?
IJM Bhd's Cyclically Adjusted FCF per Share of RM0.16 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted FCF per Share depends on the Conglomerates 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 IJM Bhd and its competitors. IJM Bhd's current Cyclically Adjusted FCF per Share is RM0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.84, compared to a current price of RM2.31 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.16. IJM Bhd's overall GF Score™ is 80/100 with 7 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 IJM Bhd (XKLS:3336), the current Cyclically Adjusted FCF per Share is RM0.16 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 IJM Bhd (XKLS:3336) Overvalued in 2026?

Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued. The current stock price of RM2.31 is trading 18.7% below its estimated GF Value™ of RM2.84. GuruFocus considers IJM Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3336:

  • Cyclically Adjusted FCF per Share: RM0.16
  • GF Value™: RM2.84 vs. price of RM2.31 (18.7% below fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IJM Bhd Business Description

Address Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
80GF Score

Get the complete analysis for XKLS:3336

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

RM2.31
Price
RM2.84
GF Value