Malayan Cement Bhd (XKLS:3794) Cyclically Adjusted FCF per Share: RM0.09 (As of Mar. 2026)

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XKLS:3794 Malayan Cement Bhd XKLS:3794
76 GF Score
Price RM6.33
GF Value RM5.53
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Malayan Cement Bhd Cyclically Adjusted FCF per Share?

Malayan Cement Bhd XKLS:3794 +0.16% 76 Cyclically Adjusted FCF per Share is RM0.09 as of Mar. 2026. GuruFocus rates XKLS:3794 with a GF Score™ of 76/100 and a GF Value™ of RM5.53 (Modestly Overvalued). 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.

Malayan Cement Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.134. 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 RM0.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Malayan Cement Bhd's average Cyclically Adjusted FCF Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.60% 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 Malayan Cement Bhd was -14.00% per year. The lowest was -20.60% per year. And the median was -17.30% per year.

As of today (2026-07-18), Malayan Cement Bhd's current stock price is RM6.33. Malayan Cement Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.09. Malayan Cement Bhd's Cyclically Adjusted Price-to-FCF of today is 70.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Malayan Cement Bhd was 127.17. The lowest was 15.67. And the median was 36.40.


Malayan Cement Bhd  (XKLS:3794) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.33/0.09
=70.33

* 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 Malayan Cement Bhd was 127.17. The lowest was 15.67. And the median was 36.40.


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.


Malayan Cement Bhd Cyclically Adjusted FCF per Share Related Terms


Malayan Cement Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Malayan Cement 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.

Malayan Cement Bhd Cyclically Adjusted FCF per Share Chart

Malayan Cement Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.10 0.07 0.06

Malayan Cement 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 0.06 0.06 0.06 0.07 0.09

XKLS:3794 vs CRH, VMC, MLM: Cyclically Adjusted FCF per Share Comparison

For the Building Materials subindustry, Malayan Cement 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.


Malayan Cement Bhd Cyclically Adjusted Price-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Malayan Cement Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:3794
76GF Score
Malayan Cement Bhd XKLS:3794
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Malayan Cement 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, Malayan Cement 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)
=0.134/330.2130*330.2130
=0.134

Current CPI (Mar. 2026) = 330.2130.

Malayan Cement Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.143 236.525 0.200
201603 -0.043 238.132 -0.060
201606 0.013 241.018 0.018
201609 0.007 241.428 0.010
201612 0.075 241.432 0.103
201703 -0.100 243.801 -0.135
201706 -0.065 244.955 -0.088
201709 -0.105 246.819 -0.140
201712 -0.021 246.524 -0.028
201803 -0.211 249.554 -0.279
201806 -0.050 251.989 -0.066
201809 -0.159 252.439 -0.208
201812 0.028 251.233 0.037
201903 -0.084 254.202 -0.109
201906 -0.048 256.143 -0.062
201909 0.111 256.759 0.143
202003 0.000 258.115 0.000
202009 -0.006 260.280 -0.008
202012 0.070 260.474 0.089
202103 -0.007 264.877 -0.009
202106 -0.021 271.696 -0.026
202109 0.038 274.310 0.046
202112 0.022 278.802 0.026
202203 -0.025 287.504 -0.029
202206 0.078 296.311 0.087
202209 0.029 296.808 0.032
202212 -0.011 296.797 -0.012
202303 0.055 301.836 0.060
202306 0.103 305.109 0.111
202309 0.068 307.789 0.073
202312 0.106 306.746 0.114
202403 0.082 312.332 0.087
202406 0.074 314.175 0.078
202409 0.033 315.301 0.035
202412 0.166 315.605 0.174
202503 0.052 319.799 0.054
202506 0.159 322.561 0.163
202509 0.114 324.800 0.116
202512 0.125 324.054 0.127
202603 0.134 330.213 0.134

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 RM0.09 mean?
Malayan Cement Bhd (XKLS:3794) has a Cyclically Adjusted FCF per Share of RM0.09 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 Malayan Cement Bhd and its competitors.
Is Malayan Cement Bhd's Cyclically Adjusted FCF per Share too high?
Malayan Cement Bhd's current Cyclically Adjusted FCF per Share is RM0.09. Overall, Malayan Cement Bhd has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malayan Cement Bhd's Cyclically Adjusted FCF per Share compare to CRH and VMC?
Malayan Cement Bhd's Cyclically Adjusted FCF per Share of RM0.09 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted FCF per Share depends on the Building Materials 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 Malayan Cement Bhd and its competitors. Malayan Cement Bhd's current Cyclically Adjusted FCF per Share is RM0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malayan Cement Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malayan Cement Bhd (XKLS:3794) is currently considered Modestly Overvalued. The stock's GF Value™ is RM5.53, compared to a current price of RM6.33 — trading 14.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.09. Malayan Cement Bhd's overall GF Score™ is 76/100 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 Malayan Cement Bhd (XKLS:3794), the current Cyclically Adjusted FCF per Share is RM0.09 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 Malayan Cement Bhd (XKLS:3794) Overvalued in 2026?

Based on GuruFocus' analysis, Malayan Cement Bhd stock appears to be overvalued. The current stock price of RM6.33 is trading 14.5% above its estimated GF Value™ of RM5.53. GuruFocus considers Malayan Cement Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:3794:

  • Cyclically Adjusted FCF per Share: RM0.09
  • GF Value™: RM5.53 vs. price of RM6.33 (14.5% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malayan Cement Bhd Business Description

Address 205 Jalan Bukit Bintang, 28th Floor, Menara YTL, Kuala Lumpur, SGR, MYS, 55100
Malayan Cement Bhd is a cement and building materials group in Malaysia and Singapore. It is a producer of cement, ready-mixed concrete, drymix, and quarry products, which are used in the residential and commercial building industry and also have various applications in infrastructure and other industries. The company's operating divisions are Cement, and Aggregates and Concrete. A majority of its revenue is generated from the Cement segment which also includes its drymix and waste management business. Geographically, it derives key revenue from Malaysia and the rest from Singapore.
76GF Score

Get the complete analysis for XKLS:3794

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

RM6.33
Price
RM5.53
GF Value