IGB Commercial REIT (XKLS:5299) FCF Margin %: 41.74% (As of Mar. 2026) — 30% Below Median


XKLS:5299 IGB Commercial REIT XKLS:5299
35 GF Score
Price RM0.61
GF Value RM0.63
Valuation Fairly Valued
! 7 Warning Signs
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What is IGB Commercial REIT FCF Margin %?

IGB Commercial REIT XKLS:5299 +0.83% 35 FCF Margin % is 41.74% as of Mar. 2026, which is 30% below its 10-year median of 59.85. GuruFocus rates XKLS:5299 with a GF Score™ of 35/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 935 REITs companies, IGB Commercial REIT ranks better than 68.02% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. IGB Commercial REIT's Free Cash Flow for the three months ended in Mar. 2026 was RM28.7 Mil. IGB Commercial REIT's Revenue for the three months ended in Mar. 2026 was RM68.9 Mil. Therefore, IGB Commercial REIT's FCF Margin % for the quarter that ended in Mar. 2026 was 41.74%.

As of today, IGB Commercial REIT's current FCF Yield % is 10.55%.

The historical rank and industry rank for IGB Commercial REIT's FCF Margin % or its related term are showing as below:

XKLS:5299' s FCF Margin % Range Over the Past 10 Years
Min: 58   Med: 59.85   Max: 64.05
Current: 58


During the past 8 years, the highest FCF Margin % of IGB Commercial REIT was 64.05%. The lowest was 58.00%. And the median was 59.85%.

XKLS:5299's FCF Margin % is ranked better than
68.02% of 935 companies
in the REITs industry
Industry Median: 39.57 vs XKLS:5299: 58.00


IGB Commercial REIT FCF Margin % Related Terms


IGB Commercial REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for IGB Commercial REIT'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.

IGB Commercial REIT FCF Margin % Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 0.00 59.62 60.08 59.40 64.05

IGB Commercial REIT Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 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 65.27 84.80 48.79 57.70 41.74

XKLS:5299 vs BXP, ARE, VNO: FCF Margin % Comparison

For the REIT - Office subindustry, IGB Commercial REIT'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.


IGB Commercial REIT FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, IGB Commercial REIT's FCF Margin % distribution charts can be found below:

* The bar in red indicates where IGB Commercial REIT's FCF Margin % falls into.


XKLS:5299
35GF Score
IGB Commercial REIT XKLS:5299
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IGB Commercial REIT FCF Margin % Calculation

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

IGB Commercial REIT'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 )
=166.445/259.873
=64.05 %

IGB Commercial REIT'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 )
=28.743/68.86
=41.74 %

* 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 41.74% mean?
IGB Commercial REIT (XKLS:5299) has a FCF Margin % of 41.74% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on IGB Commercial REIT and its competitors. This is 30% below median its historical median of 59.85. Over the past decade, IGB Commercial REIT's FCF Margin % has ranged from 58.00 to 64.05. According to the industry distribution chart, IGB Commercial REIT ranks #299 out of 935 companies in the REITs industry, placing it in the top 32%.
Is IGB Commercial REIT's FCF Margin % too high?
IGB Commercial REIT's current FCF Margin % of 41.74% is 30% below median its 10-year median of 59.85. Over the past 10 years, this metric has ranged from a low of 58.00 to a high of 64.05. The REITs industry median FCF Margin % is 39.57. IGB Commercial REIT's value of 41.74% is 5.5% above this industry median. Based on the distribution chart, IGB Commercial REIT ranks #299 out of 935 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's FCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #299 out of 935 companies for FCF Margin %. This puts IGB Commercial REIT in the upper half of its industry. The industry median FCF Margin % is 39.57. IGB Commercial REIT's value of 41.74% is 5.5% above this benchmark. Historically, IGB Commercial REIT's own FCF Margin % has ranged from 58.00 to 64.05 over the past decade. While the company's 10-year median is 59.85 vs. the industry median of 39.57, IGB Commercial REIT has consistently been above the industry average. 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 REITs company?
The median FCF Margin % among REITs companies is 39.57, based on 935 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. IGB Commercial REIT's current FCF Margin % of 41.74% is 5.5% above the industry median. 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 IGB Commercial REIT and its competitors. For the REITs industry, the median FCF Margin % is 39.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current FCF Margin % is 41.74%, which is 30% below median its own 10-year median of 59.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current FCF Margin % is 41.74%, which is 30% below median its 10-year median of 59.85 and 5.5% above the REITs industry median of 39.57. IGB Commercial REIT's overall GF Score™ is 35/100 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 IGB Commercial REIT (XKLS:5299), the current FCF Margin % is 41.74% 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued. The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63. GuruFocus considers IGB Commercial REIT to be Fairly Valued.

Key valuation signals for XKLS:5299:

  • FCF Margin %: 41.74% (30% below median its 10-year median of 59.85)
  • GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 5.5% above the REITs median (#299 of 935)

No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Commercial REIT Business Description

Industry Real EstateREITs
Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
35GF Score

Get the complete analysis for XKLS:5299

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

RM0.61
Price
RM0.63
GF Value