Fraser & Neave Holdings Bhd (XKLS:3689) Cyclically Adjusted Revenue per Share: RM14.51 (As of Jun. 2026)

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XKLS:3689 Fraser & Neave Holdings Bhd XKLS:3689
84 GF Score
Price RM27.82
GF Value RM28.21
Valuation Fairly Valued
! 2 Warning Signs
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What is Fraser & Neave Holdings Bhd Cyclically Adjusted Revenue per Share?

Fraser & Neave Holdings Bhd XKLS:3689 +1.16% 84 Cyclically Adjusted Revenue per Share is RM14.51 as of Jun. 2026. GuruFocus rates XKLS:3689 with a GF Score™ of 84/100 and a GF Value™ of RM28.21 (Fairly Valued). 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 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.

Fraser & Neave Holdings Bhd's adjusted revenue per share for the three months ended in Jun. 2026 was RM3.267. 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 RM14.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fraser & Neave Holdings Bhd's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Fraser & Neave Holdings Bhd was 5.30% per year. The lowest was 3.10% per year. And the median was 4.50% per year.

As of today (2026-08-04), Fraser & Neave Holdings Bhd's current stock price is RM27.82. Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was RM14.51. Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fraser & Neave Holdings Bhd was 3.04. The lowest was 1.51. And the median was 2.09.


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.

Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.82/14.51
=1.92

* 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 Fraser & Neave Holdings Bhd was 3.04. The lowest was 1.51. And the median was 2.09.


Be Aware

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


Fraser & Neave Holdings Bhd Cyclically Adjusted Revenue per Share Related Terms


Fraser & Neave Holdings Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fraser & Neave Holdings 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.

Fraser & Neave Holdings Bhd Cyclically Adjusted Revenue per Share Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.11 13.04 13.59 13.97 14.29

Fraser & Neave Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.25 14.29 14.21 14.44 14.51

XKLS:3689 vs KO, PEP, MNST: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings 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.


Fraser & Neave Holdings Bhd Cyclically Adjusted PS Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fraser & Neave Holdings Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:3689
84GF Score
Fraser & Neave Holdings Bhd XKLS:3689
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fraser & Neave Holdings 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, Fraser & Neave Holdings Bhd's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.267/333.9520*333.9520
=3.267

Current CPI (Jun. 2026) = 333.9520.

Fraser & Neave Holdings Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.659 241.428 3.678
201612 2.965 241.432 4.101
201703 2.698 243.801 3.696
201706 2.831 244.955 3.860
201709 2.660 246.819 3.599
201712 2.723 246.524 3.689
201803 2.609 249.554 3.491
201806 2.614 251.989 3.464
201809 2.578 252.439 3.410
201812 2.750 251.233 3.655
201903 2.786 254.202 3.660
201906 2.900 256.143 3.781
201909 2.658 256.759 3.457
201912 3.024 256.974 3.930
202003 2.733 258.115 3.536
202006 2.497 257.797 3.235
202009 2.597 260.280 3.332
202012 2.949 260.474 3.781
202103 2.972 264.877 3.747
202106 2.883 271.696 3.544
202109 2.442 274.310 2.973
202112 3.019 278.802 3.616
202203 3.013 287.504 3.500
202206 3.043 296.311 3.430
202209 3.097 296.808 3.485
202212 3.378 296.797 3.801
202303 3.289 301.836 3.639
202306 3.624 305.109 3.967
202309 3.387 307.789 3.675
202312 3.629 306.746 3.951
202403 3.686 312.332 3.941
202406 3.551 314.175 3.775
202409 3.420 315.301 3.622
202412 3.784 315.605 4.004
202503 3.638 319.799 3.799
202506 3.393 322.561 3.513
202509 3.341 324.800 3.435
202512 3.551 324.054 3.659
202603 3.357 330.213 3.395
202606 3.267 333.952 3.267

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 RM14.51 mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a Cyclically Adjusted Revenue per Share of RM14.51 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fraser & Neave Holdings Bhd and its competitors.
Is Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share too high?
Fraser & Neave Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM14.51. Overall, Fraser & Neave Holdings 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 Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share compare to KO and PEP?
Fraser & Neave Holdings Bhd's Cyclically Adjusted Revenue per Share of RM14.51 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Non-Alcoholic 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 Fraser & Neave Holdings Bhd and its competitors. Fraser & Neave Holdings Bhd's current Cyclically Adjusted Revenue per Share is RM14.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.21, compared to a current price of RM27.82 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM14.51. Fraser & Neave Holdings Bhd's overall GF Score™ is 84/100 with 2 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 Fraser & Neave Holdings Bhd (XKLS:3689), the current Cyclically Adjusted Revenue per Share is RM14.51 as of Jun. 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be undervalued. The current stock price of RM27.82 is trading 1.4% below its estimated GF Value™ of RM28.21. GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:3689:

  • Cyclically Adjusted Revenue per Share: RM14.51
  • GF Value™: RM28.21 vs. price of RM27.82 (1.4% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fraser & Neave Holdings Bhd Business Description

Address No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
84GF Score

Get the complete analysis for XKLS:3689

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

RM27.82
Price
RM28.21
GF Value