Ornapaper Bhd (XKLS:5065) Cyclically Adjusted FCF per Share: RM0.11 (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:5065 Ornapaper Bhd XKLS:5065
38 GF Score
Price RM0.70
GF Value RM0.92
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Ornapaper Bhd Cyclically Adjusted FCF per Share?

Ornapaper Bhd XKLS:5065 +6.06% 38 Cyclically Adjusted FCF per Share is RM0.11 as of Mar. 2026. GuruFocus rates XKLS:5065 with a GF Score™ of 38/100 and a GF Value™ of RM0.92 (Modestly Undervalued). The stock has 10 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.

Ornapaper Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM0.021. 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 RM0.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ornapaper Bhd's average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.50% 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 Ornapaper Bhd was 4.00% per year. The lowest was -3.10% per year. And the median was 2.70% per year.

As of today (2026-07-15), Ornapaper Bhd's current stock price is RM0.70. Ornapaper Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.11. Ornapaper Bhd's Cyclically Adjusted Price-to-FCF of today is 6.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ornapaper Bhd was 16.58. The lowest was 5.86. And the median was 10.00.


Ornapaper Bhd  (XKLS:5065) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.70/0.11
=6.36

* 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 Ornapaper Bhd was 16.58. The lowest was 5.86. And the median was 10.00.


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.


Ornapaper Bhd Cyclically Adjusted FCF per Share Related Terms


Ornapaper Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ornapaper 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.

Ornapaper Bhd Cyclically Adjusted FCF per Share Chart

Ornapaper 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 0.11 0.08 0.13 0.10 0.09

Ornapaper 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 0.10 0.08 0.07 0.09 0.11

XKLS:5065 vs SW, PKG, IP: Cyclically Adjusted FCF per Share Comparison

For the Packaging & Containers subindustry, Ornapaper 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.


Ornapaper Bhd Cyclically Adjusted Price-to-FCF vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ornapaper Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:5065
38GF Score
Ornapaper Bhd XKLS:5065
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ornapaper 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, Ornapaper 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)
=0.021/330.2130*330.2130
=0.021

Current CPI (Mar. 2026) = 330.2130.

Ornapaper Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.023 241.018 -0.032
201609 -0.009 241.428 -0.012
201612 -0.020 241.432 -0.027
201703 0.012 243.801 0.016
201706 -0.088 244.955 -0.119
201709 -0.113 246.819 -0.151
201712 0.036 246.524 0.048
201803 0.088 249.554 0.116
201806 0.054 251.989 0.071
201809 0.059 252.439 0.077
201812 0.185 251.233 0.243
201903 0.012 254.202 0.016
201906 0.009 256.143 0.012
201909 0.082 256.759 0.105
201912 -0.017 256.974 -0.022
202003 0.006 258.115 0.008
202006 0.154 257.797 0.197
202009 0.068 260.280 0.086
202012 0.118 260.474 0.150
202103 -0.034 264.877 -0.042
202106 0.013 271.696 0.016
202109 0.134 274.310 0.161
202112 -0.155 278.802 -0.184
202203 -0.129 287.504 -0.148
202206 0.051 296.311 0.057
202209 -0.125 296.808 -0.139
202212 0.099 296.797 0.110
202303 0.111 301.836 0.121
202306 0.165 305.109 0.179
202309 0.033 307.789 0.035
202312 0.101 306.746 0.109
202403 -0.110 312.332 -0.116
202406 0.011 314.175 0.012
202409 -0.096 315.301 -0.101
202412 0.046 315.605 0.048
202503 0.029 319.799 0.030
202506 0.070 322.561 0.072
202509 -0.024 324.800 -0.024
202512 0.060 324.054 0.061
202603 0.021 330.213 0.021

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 RM0.11 mean?
Ornapaper Bhd (XKLS:5065) has a Cyclically Adjusted FCF per Share of RM0.11 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 Ornapaper Bhd and its competitors.
Is Ornapaper Bhd's Cyclically Adjusted FCF per Share too high?
Ornapaper Bhd's current Cyclically Adjusted FCF per Share is RM0.11. Overall, Ornapaper Bhd has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ornapaper Bhd's Cyclically Adjusted FCF per Share compare to SW and PKG?
Ornapaper Bhd's Cyclically Adjusted FCF per Share of RM0.11 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted FCF per Share depends on the Packaging & Containers 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 Ornapaper Bhd and its competitors. Ornapaper Bhd's current Cyclically Adjusted FCF per Share is RM0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ornapaper Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ornapaper Bhd (XKLS:5065) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.92, compared to a current price of RM0.70 — trading 23.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.11. Ornapaper Bhd's overall GF Score™ is 38/100 with 10 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 Ornapaper Bhd (XKLS:5065), the current Cyclically Adjusted FCF per Share is RM0.11 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 Ornapaper Bhd (XKLS:5065) Overvalued in 2026?

Based on GuruFocus' analysis, Ornapaper Bhd stock appears to be undervalued. The current stock price of RM0.70 is trading 23.9% below its estimated GF Value™ of RM0.92. GuruFocus considers Ornapaper Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5065:

  • Cyclically Adjusted FCF per Share: RM0.11
  • GF Value™: RM0.92 vs. price of RM0.70 (23.9% below fair value)
  • GF Score™: 38/100 with 10 warning signs

No single metric tells the full story. See the XKLS:5065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ornapaper Bhd Business Description

Address Number 8998, Kawasan Perindustrian, Peringkat IV, Batu Berendam, Melaka, MYS, 75350
Ornapaper Bhd is an investment holding company. The company, through its wholly-owned subsidiaries, manufactures and supplies corrugated boards and carton boxes. The company's product offerings include corrugated boxes in various types, including regular slotted cartons, top and bottom, five-panel folders, half slotted cartons, full overlap slotted cartons, L shape, H shape, nesting, die-cut, and others. Its operations are carried on in Malaysia, Asia and USA. The majority of revenue is generated from Malaysia.
38GF Score

Get the complete analysis for XKLS:5065

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

RM0.70
Price
RM0.92
GF Value