Muda Holdings Bhd (XKLS:3883) Cyclically Adjusted FCF per Share: RM0.05 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:3883 Muda Holdings Bhd XKLS:3883
47 GF Score
Price RM0.84
GF Value RM1.11
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Muda Holdings Bhd Cyclically Adjusted FCF per Share?

Muda Holdings Bhd XKLS:3883 +3.07% 47 Cyclically Adjusted FCF per Share is RM0.05 as of Mar. 2026. GuruFocus rates XKLS:3883 with a GF Score™ of 47/100 and a GF Value™ of RM1.11 (Modestly Undervalued). The stock has 4 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.

Muda Holdings Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM-0.033. 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 RM0.05 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Muda Holdings Bhd's average Cyclically Adjusted FCF Growth Rate was -37.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -11.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Muda Holdings Bhd was -4.40% per year. The lowest was -17.00% per year. And the median was -8.00% per year.

As of today (2026-07-18), Muda Holdings Bhd's current stock price is RM0.84. Muda Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.05. Muda Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is 16.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Muda Holdings Bhd was 44.50. The lowest was 11.44. And the median was 22.29.


Muda Holdings Bhd  (XKLS:3883) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.84/0.05
=16.80

* 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 Muda Holdings Bhd was 44.50. The lowest was 11.44. And the median was 22.29.


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.


Muda Holdings Bhd Cyclically Adjusted FCF per Share Related Terms


Muda Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Muda Holdings 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.

Muda Holdings Bhd Cyclically Adjusted FCF per Share Chart

Muda Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.07 0.07 0.07 0.04

Muda Holdings 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 0.08 0.06 0.04 0.04 0.05

XKLS:3883 vs SLVM: Cyclically Adjusted FCF per Share Comparison

For the Paper & Paper Products subindustry, Muda Holdings 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.


Muda Holdings Bhd Cyclically Adjusted Price-to-FCF vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Muda Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:3883
47GF Score
Muda Holdings Bhd XKLS:3883
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muda Holdings 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, Muda Holdings 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)
=-0.033/330.2130*330.2130
=-0.033

Current CPI (Mar. 2026) = 330.2130.

Muda Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.024 241.018 0.033
201609 -0.035 241.428 -0.048
201612 0.064 241.432 0.088
201703 -0.079 243.801 -0.107
201706 0.021 244.955 0.028
201709 -0.032 246.819 -0.043
201712 0.129 246.524 0.173
201803 -0.126 249.554 -0.167
201806 0.020 251.989 0.026
201809 -0.048 252.439 -0.063
201812 0.157 251.233 0.206
201903 -0.033 254.202 -0.043
201906 0.095 256.143 0.122
201909 -0.059 256.759 -0.076
201912 0.215 256.974 0.276
202003 -0.083 258.115 -0.106
202006 0.057 257.797 0.073
202009 0.028 260.280 0.036
202012 0.153 260.474 0.194
202103 -0.034 264.877 -0.042
202106 0.035 271.696 0.043
202109 -0.072 274.310 -0.087
202112 0.177 278.802 0.210
202203 -0.083 287.504 -0.095
202206 -0.079 296.311 -0.088
202209 -0.153 296.808 -0.170
202212 0.118 296.797 0.131
202303 0.002 301.836 0.002
202306 0.010 305.109 0.011
202309 -0.145 307.789 -0.156
202312 0.217 306.746 0.234
202403 -0.010 312.332 -0.011
202406 -0.009 314.175 -0.009
202409 -0.031 315.301 -0.032
202412 0.039 315.605 0.041
202503 -0.034 319.799 -0.035
202506 -0.124 322.561 -0.127
202509 -0.060 324.800 -0.061
202512 0.150 324.054 0.153
202603 -0.033 330.213 -0.033

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 RM0.05 mean?
Muda Holdings Bhd (XKLS:3883) has a Cyclically Adjusted FCF per Share of RM0.05 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 Muda Holdings Bhd and its competitors.
Is Muda Holdings Bhd's Cyclically Adjusted FCF per Share too high?
Muda Holdings Bhd's current Cyclically Adjusted FCF per Share is RM0.05. Overall, Muda Holdings Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Muda Holdings Bhd's Cyclically Adjusted FCF per Share compare to SLVM?
Muda Holdings Bhd's Cyclically Adjusted FCF per Share of RM0.05 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted FCF per Share depends on the Forest Products 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 Muda Holdings Bhd and its competitors. Muda Holdings Bhd's current Cyclically Adjusted FCF per Share is RM0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muda Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Muda Holdings Bhd (XKLS:3883) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.11, compared to a current price of RM0.84 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.05. Muda Holdings Bhd's overall GF Score™ is 47/100 with 4 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 Muda Holdings Bhd (XKLS:3883), the current Cyclically Adjusted FCF per Share is RM0.05 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 Muda Holdings Bhd (XKLS:3883) Overvalued in 2026?

Based on GuruFocus' analysis, Muda Holdings Bhd stock appears to be undervalued. The current stock price of RM0.84 is trading 24.3% below its estimated GF Value™ of RM1.11. GuruFocus considers Muda Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3883:

  • Cyclically Adjusted FCF per Share: RM0.05
  • GF Value™: RM1.11 vs. price of RM0.84 (24.3% below fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the XKLS:3883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Muda Holdings Bhd Business Description

Address Lot 7, Jalan 51A/241, Petaling Jaya, SGR, MYS, 46100
Muda Holdings Bhd is a Malaysia-based company, that operates in the paper and paper packaging industry. The company is engaged in producing industrial grade paper, machine glazed paper, paper boards and paper packaging products. The business activity of the firm functions through the Manufacturing and Trading segments. The Manufacturing segment is engaged in manufacturing various types of industrial paper, corrugated cartons, paper bags, paper stationery, and paper-based food packaging products. The Trading segment is engaged in the trading of paper, recovered paper, and stationery products. Geographically the firm has its business presence across the region of Malaysia, Singapore, the People's Republic of China, and Australia. It derives maximum revenue from Manufacturing segment.
47GF Score

Get the complete analysis for XKLS:3883

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

RM0.84
Price
RM1.11
GF Value