Petronas Gas Bhd (XKLS:6033) Cyclically Adjusted FCF per Share: RM1.06 (As of Mar. 2026)

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XKLS:6033 Petronas Gas Bhd XKLS:6033
84 GF Score
Price RM17.62
GF Value RM17.72
Valuation Fairly Valued
! 5 Warning Signs
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What is Petronas Gas Bhd Cyclically Adjusted FCF per Share?

Petronas Gas Bhd XKLS:6033 +1.03% 84 Cyclically Adjusted FCF per Share is RM1.06 as of Mar. 2026. GuruFocus rates XKLS:6033 with a GF Score™ of 84/100 and a GF Value™ of RM17.72 (Fairly Valued). The stock has 5 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.

Petronas Gas Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM-0.017. 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 RM1.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Petronas Gas Bhd's average Cyclically Adjusted FCF Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Petronas Gas Bhd was 11.90% per year. The lowest was 2.70% per year. And the median was 10.25% per year.

As of today (2026-07-20), Petronas Gas Bhd's current stock price is RM17.62. Petronas Gas Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM1.06. Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF of today is 16.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Petronas Gas Bhd was 33.93. The lowest was 14.71. And the median was 19.30.


Petronas Gas Bhd  (XKLS:6033) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.62/1.06
=16.62

* 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 Petronas Gas Bhd was 33.93. The lowest was 14.71. And the median was 19.30.


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.


Petronas Gas Bhd Cyclically Adjusted FCF per Share Related Terms


Petronas Gas Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Petronas Gas 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.

Petronas Gas Bhd Cyclically Adjusted FCF per Share Chart

Petronas Gas 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 0.83 0.98 1.06 1.10 1.06

Petronas Gas 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 1.10 1.09 1.08 1.06 1.06

XKLS:6033 vs XOM, CVX: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Integrated subindustry, Petronas Gas 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.


Petronas Gas Bhd Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XKLS:6033
84GF Score
Petronas Gas Bhd XKLS:6033
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Petronas Gas 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, Petronas Gas 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)
=-0.017/330.2130*330.2130
=-0.017

Current CPI (Mar. 2026) = 330.2130.

Petronas Gas Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.080 241.018 0.110
201609 0.157 241.428 0.215
201612 0.054 241.432 0.074
201703 0.110 243.801 0.149
201706 0.169 244.955 0.228
201709 0.129 246.819 0.173
201712 0.142 246.524 0.190
201803 0.355 249.554 0.470
201806 0.291 251.989 0.381
201809 0.319 252.439 0.417
201812 0.245 251.233 0.322
201903 0.401 254.202 0.521
201906 0.332 256.143 0.428
201909 0.243 256.759 0.313
201912 0.168 256.974 0.216
202003 0.328 258.115 0.420
202006 0.359 257.797 0.460
202009 0.377 260.280 0.478
202012 0.214 260.474 0.271
202103 0.280 264.877 0.349
202106 0.241 271.696 0.293
202109 0.330 274.310 0.397
202112 0.254 278.802 0.301
202203 0.262 287.504 0.301
202206 0.261 296.311 0.291
202209 0.198 296.808 0.220
202212 0.166 296.797 0.185
202303 0.159 301.836 0.174
202306 0.261 305.109 0.282
202309 0.284 307.789 0.305
202312 0.225 306.746 0.242
202403 0.229 312.332 0.242
202406 0.235 314.175 0.247
202409 0.242 315.301 0.253
202412 0.242 315.605 0.253
202503 0.176 319.799 0.182
202506 0.140 322.561 0.143
202509 0.134 324.800 0.136
202512 -0.010 324.054 -0.010
202603 -0.017 330.213 -0.017

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 RM1.06 mean?
Petronas Gas Bhd (XKLS:6033) has a Cyclically Adjusted FCF per Share of RM1.06 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 Petronas Gas Bhd and its competitors.
Is Petronas Gas Bhd's Cyclically Adjusted FCF per Share too high?
Petronas Gas Bhd's current Cyclically Adjusted FCF per Share is RM1.06. Overall, Petronas Gas Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Cyclically Adjusted FCF per Share compare to XOM and CVX?
Petronas Gas Bhd's Cyclically Adjusted FCF per Share of RM1.06 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas 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 Petronas Gas Bhd and its competitors. Petronas Gas Bhd's current Cyclically Adjusted FCF per Share is RM1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (XKLS:6033) is currently considered Fairly Valued. The stock's GF Value™ is RM17.72, compared to a current price of RM17.62 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RM1.06. Petronas Gas Bhd's overall GF Score™ is 84/100 with 5 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 Petronas Gas Bhd (XKLS:6033), the current Cyclically Adjusted FCF per Share is RM1.06 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 Petronas Gas Bhd (XKLS:6033) Overvalued in 2026?

Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued. The current stock price of RM17.62 is trading 0.6% below its estimated GF Value™ of RM17.72. GuruFocus considers Petronas Gas Bhd to be Fairly Valued.

Key valuation signals for XKLS:6033:

  • Cyclically Adjusted FCF per Share: RM1.06
  • GF Value™: RM17.72 vs. price of RM17.62 (0.6% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petronas Gas Bhd Business Description

Industry EnergyOil & Gas
Other Exchanges PNAGF:USA
Address PETRONAS Twin Towers, Level 49 & 50, Tower 1, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
84GF Score

Get the complete analysis for XKLS:6033

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

RM17.62
Price
RM17.72
GF Value