Hwa Tai Industries Bhd (XKLS:8478) Cyclically Adjusted Revenue per Share: RM1.23 (As of Mar. 2026)

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XKLS:8478 Hwa Tai Industries Bhd XKLS:8478
32 GF Score
Price RM0.38
GF Value RM0.64
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share?

Hwa Tai Industries Bhd XKLS:8478 32 Cyclically Adjusted Revenue per Share is RM1.23 as of Mar. 2026. GuruFocus rates XKLS:8478 with a GF Score™ of 32/100 and a GF Value™ of RM0.64 (Possible Value Trap). The stock has 7 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.

Hwa Tai Industries Bhd's adjusted revenue per share for the three months ended in Mar. 2026 was RM0.356. 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 RM1.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hwa Tai Industries Bhd's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.50% 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 Hwa Tai Industries Bhd was -0.80% per year. The lowest was -3.20% per year. And the median was -2.10% per year.

As of today (2026-07-21), Hwa Tai Industries Bhd's current stock price is RM0.375. Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was RM1.23. Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hwa Tai Industries Bhd was 0.88. The lowest was 0.22. And the median was 0.42.


Hwa Tai Industries Bhd  (XKLS:8478) 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.

Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.375/1.23
=0.30

* 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 Hwa Tai Industries Bhd was 0.88. The lowest was 0.22. And the median was 0.42.


Be Aware

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


Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Related Terms


Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hwa Tai Industries 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.

Hwa Tai Industries Bhd Cyclically Adjusted Revenue per Share Chart

Hwa Tai Industries 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 1.30 1.28 1.22 1.18 1.20

Hwa Tai Industries 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 1.18 1.18 1.20 1.20 1.23

XKLS:8478 vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, Hwa Tai Industries 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.


Hwa Tai Industries Bhd Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hwa Tai Industries Bhd's Cyclically Adjusted PS Ratio falls into.


XKLS:8478
32GF Score
Hwa Tai Industries Bhd XKLS:8478
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Tai Industries 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, Hwa Tai Industries 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)
=0.356/330.2130*330.2130
=0.356

Current CPI (Mar. 2026) = 330.2130.

Hwa Tai Industries Bhd Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.211 241.018 0.289
201609 0.176 241.428 0.241
201612 0.234 241.432 0.320
201703 0.200 243.801 0.271
201706 0.211 244.955 0.284
201709 0.205 246.819 0.274
201712 0.291 246.524 0.390
201803 0.204 249.554 0.270
201806 0.212 251.989 0.278
201809 0.204 252.439 0.267
201812 0.244 251.233 0.321
201903 0.205 254.202 0.266
201906 0.210 256.143 0.271
201909 0.208 256.759 0.268
201912 0.251 256.974 0.323
202003 0.236 258.115 0.302
202006 0.252 257.797 0.323
202009 0.239 260.280 0.303
202012 0.271 260.474 0.344
202103 0.270 264.877 0.337
202106 0.203 271.696 0.247
202109 0.254 274.310 0.306
202112 0.250 278.802 0.296
202203 0.250 287.504 0.287
202206 0.221 296.311 0.246
202209 0.242 296.808 0.269
202212 0.307 296.797 0.342
202303 0.255 301.836 0.279
202306 0.201 305.109 0.218
202309 0.280 307.789 0.300
202312 0.344 306.746 0.370
202403 0.329 312.332 0.348
202406 0.266 314.175 0.280
202409 0.322 315.301 0.337
202412 0.410 315.605 0.429
202503 0.313 319.799 0.323
202506 0.296 322.561 0.303
202509 0.359 324.800 0.365
202512 0.446 324.054 0.454
202603 0.356 330.213 0.356

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 RM1.23 mean?
Hwa Tai Industries Bhd (XKLS:8478) has a Cyclically Adjusted Revenue per Share of RM1.23 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 Hwa Tai Industries Bhd and its competitors.
Is Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share too high?
Hwa Tai Industries Bhd's current Cyclically Adjusted Revenue per Share is RM1.23. Overall, Hwa Tai Industries Bhd has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
Hwa Tai Industries Bhd's Cyclically Adjusted Revenue per Share of RM1.23 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 Revenue per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 Hwa Tai Industries Bhd and its competitors. Hwa Tai Industries Bhd's current Cyclically Adjusted Revenue per Share is RM1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Tai Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hwa Tai Industries Bhd (XKLS:8478) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.64, compared to a current price of RM0.38 — trading 41.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is RM1.23. Hwa Tai Industries Bhd's overall GF Score™ is 32/100 with 7 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 Hwa Tai Industries Bhd (XKLS:8478), the current Cyclically Adjusted Revenue per Share is RM1.23 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 Hwa Tai Industries Bhd (XKLS:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Tai Industries Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 41.4% below its estimated GF Value™ of RM0.64. GuruFocus considers Hwa Tai Industries Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8478:

  • Cyclically Adjusted Revenue per Share: RM1.23
  • GF Value™: RM0.64 vs. price of RM0.38 (41.4% below fair value)
  • GF Score™: 32/100 with 7 warning signs

No single metric tells the full story. See the XKLS:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Tai Industries Bhd Business Description

Address Jalan ML 16, ML-16 Industrial Park, No. L9, Seri Kembangan, SGR, MYS, 43300
Hwa Tai Industries Bhd operates as a biscuit manufacturing and investment holding. Its activities are biscuit manufacturing, property holding, and trading. It operates through the following segments: Manufacturing and Trading. The company's products include crackers, cookies, assorted biscuits, cakes, and cream sandwiches, and are marketed under the brand names of Hwa Tai and Luxury. The majority of revenue is from the Manufacturing segment. Geographically, it operates in Malaysia, Thailand, the Philippines, Mauritius, and Other countries, with the majority is from Malaysia.
32GF Score

Get the complete analysis for XKLS:8478

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

RM0.38
Price
RM0.64
GF Value