ARB Bhd (XKLS:7181) Cyclically Adjusted FCF per Share: RM-0.01 (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.

What is ARB Bhd Cyclically Adjusted FCF per Share?

ARB Bhd XKLS:7181 Cyclically Adjusted FCF per Share is RM-0.01 as of Mar. 2026. The stock has 2 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.

ARB Bhd's adjusted free cash flow per share for the three months ended in Mar. 2026 was RM-0.001. 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 RM-0.01 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-15), ARB Bhd's current stock price is RM0.025. ARB Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was RM-0.01. ARB Bhd's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ARB Bhd was 9.96. The lowest was 3.07. And the median was 6.12.


ARB Bhd  (XKLS:7181) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ARB Bhd was 9.96. The lowest was 3.07. And the median was 6.12.


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.


ARB Bhd Cyclically Adjusted FCF per Share Related Terms


ARB Bhd Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ARB 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.

ARB Bhd Cyclically Adjusted FCF per Share Chart

ARB Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.03 0.03 -0.01 -0.01

ARB Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 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 -0.01 -0.01 -0.01 -0.01 -0.01

XKLS:7181 vs IBM, ACN, FISV: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, ARB 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.


ARB Bhd Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, ARB Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ARB 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, ARB 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)
=-0.001/330.2130*330.2130
=-0.001

Current CPI (Mar. 2026) = 330.2130.

ARB Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 0.011 237.945 0.015
201512 -0.017 236.525 -0.024
201603 -0.032 238.132 -0.044
201606 0.054 241.018 0.074
201609 0.000 241.428 0.000
201612 0.008 241.432 0.011
201703 -0.018 243.801 -0.024
201706 0.013 244.955 0.018
201709 0.007 246.819 0.009
201712 0.002 246.524 0.003
201803 -0.009 249.554 -0.012
201806 0.032 251.989 0.042
201809 -0.024 252.439 -0.031
201812 0.013 251.233 0.017
201903 -0.073 254.202 -0.095
201906 0.017 256.143 0.022
201909 -0.068 256.759 -0.087
201912 -0.010 256.974 -0.013
202003 0.029 258.115 0.037
202006 0.000 257.797 0.000
202009 -0.040 260.280 -0.051
202012 -0.029 260.474 -0.037
202103 0.005 264.877 0.006
202106 0.005 271.696 0.006
202109 -0.023 274.310 -0.028
202112 0.019 278.802 0.023
202203 0.000 287.504 0.000
202209 0.008 296.808 0.009
202212 0.047 296.797 0.052
202303 -0.006 301.836 -0.007
202309 0.000 307.789 0.000
202403 0.006 312.332 0.006
202406 0.005 314.175 0.005
202409 0.002 315.301 0.002
202412 0.007 315.605 0.007
202503 -0.002 319.799 -0.002
202506 -0.011 322.561 -0.011
202509 0.002 324.800 0.002
202512 -0.002 324.054 -0.002
202603 -0.001 330.213 -0.001

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 RM-0.01 mean?
ARB Bhd (XKLS:7181) has a Cyclically Adjusted FCF per Share of RM-0.01 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 ARB Bhd and its competitors.
Is ARB Bhd's Cyclically Adjusted FCF per Share too high?
ARB Bhd's current Cyclically Adjusted FCF per Share is RM-0.01.
How does ARB Bhd's Cyclically Adjusted FCF per Share compare to IBM and ACN?
ARB Bhd's Cyclically Adjusted FCF per Share of RM-0.01 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 ARB Bhd and its competitors. ARB Bhd's current Cyclically Adjusted FCF per Share is RM-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ARB Bhd stock overvalued right now?
Based on GuruFocus' analysis, ARB Bhd (XKLS:7181) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is RM-0.01. 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 ARB Bhd (XKLS:7181), the current Cyclically Adjusted FCF per Share is RM-0.01 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.

ARB Bhd Business Description

Address No. 29-3A, Q Sentral, 2A, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
ARB Bhd is principally engaged in the provision of management services and investment holding. The Group's core operations are carried out through subsidiaries involved in Cloud, Customer Relationship Management (CRM), and Platform-related businesses, providing CRM Solutions, Cloud Solutions, and Platform Solutions. Its reportable segments are Cloud, CRM, Platform, and Investment holding and others, with the Platform segment generating the maximum revenue. The Group operates predominantly in Malaysia.