NCT Alliance Bhd (XKLS:0056) Cyclically Adjusted Revenue per Share: RM0.25 (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:0056 NCT Alliance Bhd XKLS:0056
43 GF Score
Price RM0.58
GF Value RM0.39
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is NCT Alliance Bhd Cyclically Adjusted Revenue per Share?

NCT Alliance Bhd XKLS:0056 -1.71% 43 Cyclically Adjusted Revenue per Share is RM0.25 as of Mar. 2026. GuruFocus rates XKLS:0056 with a GF Score™ of 43/100 and a GF Value™ of RM0.39 (Significantly Overvalued). 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

NCT Alliance Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.032. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is RM0.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NCT Alliance Bhd's average Cyclically Adjusted Revenue Growth Rate was -3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of NCT Alliance Bhd was 1.30% per year. The lowest was -2.50% per year. And the median was 0.00% per year.

As of today (2026-07-22), NCT Alliance Bhd's current stock price is RM0.575. NCT Alliance Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM0.25. NCT Alliance Bhd's Cyclically Adjusted PS Ratio of today is 2.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NCT Alliance Bhd was 2.60. The lowest was 0.94. And the median was 1.81.


NCT Alliance Bhd  (XKLS:0056) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

NCT Alliance Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.575/0.25
=2.30

* 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 PS Ratio of NCT Alliance Bhd was 2.60. The lowest was 0.94. And the median was 1.81.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


NCT Alliance Bhd Cyclically Adjusted Revenue per Share Related Terms


NCT Alliance Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NCT Alliance Bhd's Cyclically Adjusted Revenue 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.

NCT Alliance Bhd Cyclically Adjusted Revenue per Share Chart

NCT Alliance Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 0.26 0.26 0.25

NCT Alliance 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 Revenue 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 0.26 0.26 0.25 0.25 0.25

XKLS:0056 vs IBM, ACN, FISV: Cyclically Adjusted Revenue per Share Comparison

For the Information Technology Services subindustry, NCT Alliance Bhd's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


NCT Alliance Bhd Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, NCT Alliance Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NCT Alliance Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:0056
43GF Score
NCT Alliance Bhd XKLS:0056
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCT Alliance Bhd Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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, NCT Alliance Bhd's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.032/330.2130*330.2130
=0.032

Current CPI (Mar. 2026) = 330.2130.

NCT Alliance Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.127 241.018 0.174
201609 0.051 241.428 0.070
201612 0.044 241.432 0.060
201703 0.039 243.801 0.053
201706 0.050 244.955 0.067
201709 0.057 246.819 0.076
201712 0.061 246.524 0.082
201803 0.028 249.554 0.037
201806 0.039 251.989 0.051
201809 0.045 252.439 0.059
201812 0.055 251.233 0.072
201903 0.091 254.202 0.118
201906 0.042 256.143 0.054
201909 0.038 256.759 0.049
201912 0.039 256.974 0.050
202003 0.051 258.115 0.065
202006 0.038 257.797 0.049
202009 0.039 260.280 0.049
202012 0.067 260.474 0.085
202103 0.029 264.877 0.036
202106 0.054 271.696 0.066
202109 0.029 274.310 0.035
202112 0.112 278.802 0.133
202203 0.050 287.504 0.057
202206 0.044 296.311 0.049
202209 0.067 296.808 0.075
202212 0.058 296.797 0.065
202303 0.038 301.836 0.042
202306 0.043 305.109 0.047
202309 0.054 307.789 0.058
202312 0.050 306.746 0.054
202403 0.060 312.332 0.063
202406 0.048 314.175 0.050
202409 0.061 315.301 0.064
202412 0.023 315.605 0.024
202503 0.050 319.799 0.052
202506 0.057 322.561 0.058
202509 0.026 324.800 0.026
202512 0.052 324.054 0.053
202603 0.032 330.213 0.032

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of RM0.25 mean?
NCT Alliance Bhd (XKLS:0056) has a Cyclically Adjusted Revenue per Share of RM0.25 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NCT Alliance Bhd and its competitors.
Is NCT Alliance Bhd's Cyclically Adjusted Revenue per Share too high?
NCT Alliance Bhd's current Cyclically Adjusted Revenue per Share is RM0.25. Overall, NCT Alliance Bhd has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCT Alliance Bhd's Cyclically Adjusted Revenue per Share compare to IBM and ACN?
NCT Alliance Bhd's Cyclically Adjusted Revenue per Share of RM0.25 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 Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NCT Alliance Bhd and its competitors. NCT Alliance Bhd's current Cyclically Adjusted Revenue per Share is RM0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCT Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, NCT Alliance Bhd (XKLS:0056) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.39, compared to a current price of RM0.58 — trading 47.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM0.25. NCT Alliance Bhd's overall GF Score™ is 43/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For NCT Alliance Bhd (XKLS:0056), the current Cyclically Adjusted Revenue per Share is RM0.25 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 NCT Alliance Bhd (XKLS:0056) Overvalued in 2026?

Based on GuruFocus' analysis, NCT Alliance Bhd stock appears to be overvalued. The current stock price of RM0.58 is trading 47.4% above its estimated GF Value™ of RM0.39. GuruFocus considers NCT Alliance Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0056:

  • Cyclically Adjusted Revenue per Share: RM0.25
  • GF Value™: RM0.39 vs. price of RM0.58 (47.4% above fair value)
  • GF Score™: 43/100 with 10 warning signs

No single metric tells the full story. See the XKLS:0056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCT Alliance Bhd Business Description

Address No. 2, Jalan BP 4/9, Menara NCT, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100
NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of Property development and investment holding. The business activity of the firm is operated through two operating segments namely, Investment holding- Investment holding and project management activities and Property development- Property development activities and sales of completed units. Geographically, the company operates in single segment that is Malaysia.
43GF Score

Get the complete analysis for XKLS:0056

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

RM0.58
Price
RM0.39
GF Value