AirAsia Group Bhd (XKLS:5238) FCF Margin %: -7.20% (As of Mar. 2026)


XKLS:5238 AirAsia Group Bhd XKLS:5238
46 GF Score
Price RM1.15
GF Value RM1.60
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is AirAsia Group Bhd FCF Margin %?

AirAsia Group Bhd XKLS:5238 +1.77% 46 FCF Margin % is -7.20% as of Mar. 2026. GuruFocus rates XKLS:5238 with a GF Score™ of 46/100 and a GF Value™ of RM1.60 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,002 Transportation companies, AirAsia Group Bhd ranks worse than 72.85% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AirAsia Group Bhd's Free Cash Flow for the three months ended in Mar. 2026 was RM-429 Mil. AirAsia Group Bhd's Revenue for the three months ended in Mar. 2026 was RM5,950 Mil. Therefore, AirAsia Group Bhd's FCF Margin % for the quarter that ended in Mar. 2026 was -7.20%.

As of today, AirAsia Group Bhd's current FCF Yield % is -5.45%.

The historical rank and industry rank for AirAsia Group Bhd's FCF Margin % or its related term are showing as below:

XKLS:5238' s FCF Margin % Range Over the Past 10 Years
Min: -47.61   Med: 3.86   Max: 11.54
Current: -2.53


During the past 11 years, the highest FCF Margin % of AirAsia Group Bhd was 11.54%. The lowest was -47.61%. And the median was 3.86%.

XKLS:5238's FCF Margin % is ranked worse than
72.85% of 1002 companies
in the Transportation industry
Industry Median: 4.38 vs XKLS:5238: -2.53


AirAsia Group Bhd FCF Margin % Related Terms


AirAsia Group Bhd FCF Margin % Historical Data

* Premium members only.

The historical data trend for AirAsia Group Bhd's FCF Margin % 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.

AirAsia Group Bhd FCF Margin % Chart

AirAsia Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 9.81 -2.41 11.54 5.92

AirAsia Group Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -2.11 8.93 13.53 5.48 -7.20

XKLS:5238 vs DAL, UAL, LUV: FCF Margin % Comparison

For the Airlines subindustry, AirAsia Group Bhd's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


AirAsia Group Bhd FCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, AirAsia Group Bhd's FCF Margin % distribution charts can be found below:

* The bar in red indicates where AirAsia Group Bhd's FCF Margin % falls into.


XKLS:5238
46GF Score
AirAsia Group Bhd XKLS:5238
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AirAsia Group Bhd FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

AirAsia Group Bhd's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=198.336/3351.34
=5.92 %

AirAsia Group Bhd's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-428.695/5950.223
=-7.20 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -7.20% mean?
AirAsia Group Bhd (XKLS:5238) has a FCF Margin % of -7.20% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AirAsia Group Bhd and its competitors. According to the industry distribution chart, AirAsia Group Bhd ranks #730 out of 1002 companies in the Transportation industry, placing it in the top 72.9%.
Is AirAsia Group Bhd's FCF Margin % too high?
AirAsia Group Bhd's current FCF Margin % is -7.20%. Based on the distribution chart, AirAsia Group Bhd ranks #730 out of 1002 companies in the Transportation industry, which is below the industry midpoint. Overall, AirAsia Group Bhd has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's FCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, AirAsia Group Bhd ranks #730 out of 1002 companies for FCF Margin %. This places AirAsia Group Bhd in the lower half of its industry. The industry median FCF Margin % is 4.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Transportation company?
The median FCF Margin % among Transportation companies is 4.38, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AirAsia Group Bhd and its competitors. For the Transportation industry, the median FCF Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirAsia Group Bhd's current FCF Margin % is -7.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.60, compared to a current price of RM1.15 — trading 28.1% below its estimated fair value. The current FCF Margin % is -7.20%. AirAsia Group Bhd's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AirAsia Group Bhd (XKLS:5238), the current FCF Margin % is -7.20% 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 AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued. The current stock price of RM1.15 is trading 28.1% below its estimated GF Value™ of RM1.60. GuruFocus considers AirAsia Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5238:

  • FCF Margin %: -7.20%
  • GF Value™: RM1.60 vs. price of RM1.15 (28.1% below fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirAsia Group Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5238

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.15
Price
RM1.60
GF Value