FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AirAsia X Bhd's Free Cash Flow for the
three
months ended in Mar. 2026 was RM-429 Mil. AirAsia X Bhd's Revenue for the
three
months ended in Mar. 2026 was RM5,950 Mil. Therefore, AirAsia X Bhd's FCF Margin % for the quarter that ended in Mar. 2026 was -7.20%.
The historical rank and industry rank for AirAsia X 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 X Bhd was 11.54%. The lowest was -47.61%. And the median was 3.86%.
XKLS:5238's FCF Margin % is ranked worse than 72.47% of 1006
companies
in the Transportation industry
Industry Median: 4.38
vs XKLS:5238: -2.53
AirAsia X Bhd FCF Margin % Related Terms
AirAsia X Bhd FCF Margin % Historical Data
* Premium members only.
The historical data trend for AirAsia X 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.
XKLS:5238 vs DAL, UAL, LUV: FCF Margin % Comparison
For the Airlines subindustry, AirAsia X 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 X Bhd FCF Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, AirAsia X Bhd's FCF Margin % distribution charts can be found below:
* The bar in red indicates where AirAsia X Bhd's FCF Margin % falls into.
* 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 X 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 X Bhd and its competitors. According to the industry distribution chart, AirAsia X Bhd ranks #729 out of 1006 companies in the Transportation industry, placing it in the top 72.5%.
Is AirAsia X Bhd's FCF Margin % too high?
AirAsia X Bhd's current FCF Margin % is -7.20%. Based on the distribution chart, AirAsia X Bhd ranks #729 out of 1006 companies in the Transportation industry, which is below the industry midpoint. Overall, AirAsia X Bhd has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirAsia X Bhd's FCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, AirAsia X Bhd ranks #729 out of 1006 companies for FCF Margin %. This places AirAsia X 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 1,006 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 X 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 X 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 X Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia X Bhd (XKLS:5238) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.61, compared to a current price of RM1.18 — trading 26.7% below its estimated fair value. The current FCF Margin % is -7.20%. AirAsia X Bhd's overall GF Score™ is 47/100 with 7 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 X 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 X Bhd (XKLS:5238) Overvalued in 2026?
Based on GuruFocus' analysis, AirAsia X Bhd stock appears to be undervalued.
The current stock price of RM1.18 is trading 26.7% below its estimated GF Value™ of RM1.61.
GuruFocus considers AirAsia X Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5238:
FCF Margin %: -7.20%
GF Value™: RM1.61 vs. price of RM1.18 (26.7% below fair value)
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 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.
47GF 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.
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