Hap Seng Plantations Holdings Bhd (XKLS:5138) Cyclically Adjusted FCF per Share: RM0.16 (As of Mar. 2026)

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XKLS:5138 Hap Seng Plantations Holdings Bhd XKLS:5138
81 GF Score
Price RM2.48
GF Value RM2.04
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Hap Seng Plantations Holdings Bhd Cyclically Adjusted FCF per Share?

Hap Seng Plantations Holdings Bhd XKLS:5138 +1.22% 81 Cyclically Adjusted FCF per Share is RM0.16 as of Mar. 2026. GuruFocus rates XKLS:5138 with a GF Score™ of 81/100 and a GF Value™ of RM2.04 (Modestly Overvalued). The stock has 8 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.

Hap Seng Plantations Holdings Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM-0.011. 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, Hap Seng Plantations Holdings Bhd's average Cyclically Adjusted FCF Growth Rate was 23.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% 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 Hap Seng Plantations Holdings Bhd was 13.00% per year. The lowest was 2.70% per year. And the median was 4.90% per year.

As of today (2026-07-17), Hap Seng Plantations Holdings Bhd's current stock price is RM2.48. Hap Seng Plantations Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM0.16. Hap Seng Plantations Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is 15.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hap Seng Plantations Holdings Bhd was 27.25. The lowest was 13.06. And the median was 14.77.


Hap Seng Plantations Holdings Bhd  (XKLS:5138) 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.

Hap Seng Plantations 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
=2.48/0.16
=15.50

* 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 Hap Seng Plantations Holdings Bhd was 27.25. The lowest was 13.06. And the median was 14.77.


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.


Hap Seng Plantations Holdings Bhd Cyclically Adjusted FCF per Share Related Terms


Hap Seng Plantations Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Hap Seng Plantations 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.

Hap Seng Plantations Holdings Bhd Cyclically Adjusted FCF per Share Chart

Hap Seng Plantations 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 0.12 0.13 0.13 0.13 0.15

Hap Seng Plantations 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 0.13 0.14 0.15 0.15 0.16

XKLS:5138 vs ADM, BG, TSN: Cyclically Adjusted FCF per Share Comparison

For the Farm Products subindustry, Hap Seng Plantations 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.


Hap Seng Plantations Holdings Bhd Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hap Seng Plantations Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:5138
81GF Score
Hap Seng Plantations Holdings Bhd XKLS:5138
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hap Seng Plantations 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, Hap Seng Plantations 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)
=-0.011/330.2130*330.2130
=-0.011

Current CPI (Mar. 2026) = 330.2130.

Hap Seng Plantations Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.013 241.018 0.018
201609 0.067 241.428 0.092
201612 0.027 241.432 0.037
201703 0.035 243.801 0.047
201706 0.023 244.955 0.031
201709 0.017 246.819 0.023
201712 0.002 246.524 0.003
201803 -0.029 249.554 -0.038
201806 0.007 251.989 0.009
201809 0.057 252.439 0.075
201812 -0.004 251.233 -0.005
201903 0.001 254.202 0.001
201906 0.040 256.143 0.052
201909 -0.022 256.759 -0.028
201912 0.030 256.974 0.039
202003 0.033 258.115 0.042
202006 0.008 257.797 0.010
202009 0.018 260.280 0.023
202012 0.043 260.474 0.055
202103 0.039 264.877 0.049
202106 0.081 271.696 0.098
202109 0.065 274.310 0.078
202112 0.090 278.802 0.107
202203 0.021 287.504 0.024
202206 0.209 296.311 0.233
202209 -0.029 296.808 -0.032
202212 0.008 296.797 0.009
202303 0.038 301.836 0.042
202306 0.009 305.109 0.010
202309 0.007 307.789 0.008
202312 0.061 306.746 0.066
202403 0.063 312.332 0.067
202406 0.069 314.175 0.073
202409 -0.023 315.301 -0.024
202412 0.069 315.605 0.072
202503 0.060 319.799 0.062
202506 0.083 322.561 0.085
202509 0.003 324.800 0.003
202512 0.092 324.054 0.094
202603 -0.011 330.213 -0.011

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?
Hap Seng Plantations Holdings Bhd (XKLS:5138) 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 Hap Seng Plantations Holdings Bhd and its competitors.
Is Hap Seng Plantations Holdings Bhd's Cyclically Adjusted FCF per Share too high?
Hap Seng Plantations Holdings Bhd's current Cyclically Adjusted FCF per Share is RM0.16. Overall, Hap Seng Plantations Holdings Bhd has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hap Seng Plantations Holdings Bhd's Cyclically Adjusted FCF per Share compare to ADM and BG?
Hap Seng Plantations Holdings Bhd's Cyclically Adjusted FCF per Share of RM0.16 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 Hap Seng Plantations Holdings Bhd and its competitors. Hap Seng Plantations Holdings 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 Hap Seng Plantations Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hap Seng Plantations Holdings Bhd (XKLS:5138) is currently considered Modestly Overvalued. The stock's GF Value™ is RM2.04, compared to a current price of RM2.48 — trading 21.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is RM0.16. Hap Seng Plantations Holdings Bhd's overall GF Score™ is 81/100 with 8 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 Hap Seng Plantations Holdings Bhd (XKLS:5138), 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 Hap Seng Plantations Holdings Bhd (XKLS:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Hap Seng Plantations Holdings Bhd stock appears to be overvalued. The current stock price of RM2.48 is trading 21.6% above its estimated GF Value™ of RM2.04. GuruFocus considers Hap Seng Plantations Holdings Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5138:

  • Cyclically Adjusted FCF per Share: RM0.16
  • GF Value™: RM2.04 vs. price of RM2.48 (21.6% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the XKLS:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hap Seng Plantations Holdings Bhd Business Description

Address Jalan P. Ramlee, 21st Floor, Menara Hap Seng, Kuala Lumpur, SGR, MYS, 50250
Hap Seng Plantations Holdings Bhd is a Malaysia-based palm oil plantation company. It is focused on the upstream activities in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches (FFB) into crude palm oil (CPO) in its mills. Geographically, the company derives all of its revenue from Malaysia.
81GF Score

Get the complete analysis for XKLS:5138

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

RM2.48
Price
RM2.04
GF Value