Tenaga Nasional Bhd (XKLS:5347) FCF Margin %: 15.26% (As of Mar. 2026) — 102% Above Median


XKLS:5347 Tenaga Nasional Bhd XKLS:5347
84 GF Score
Price RM14.38
GF Value RM14.90
Valuation Fairly Valued
! 7 Warning Signs
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What is Tenaga Nasional Bhd FCF Margin %?

Tenaga Nasional Bhd XKLS:5347 -0.14% 84 FCF Margin % is 15.26% as of Mar. 2026, which is 102% above its 10-year median of 7.54. GuruFocus rates XKLS:5347 with a GF Score™ of 84/100 and a GF Value™ of RM14.90 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Tenaga Nasional Bhd ranks worse than 61.92% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tenaga Nasional Bhd's Free Cash Flow for the three months ended in Mar. 2026 was RM2,610 Mil. Tenaga Nasional Bhd's Revenue for the three months ended in Mar. 2026 was RM17,104 Mil. Therefore, Tenaga Nasional Bhd's FCF Margin % for the quarter that ended in Mar. 2026 was 15.26%.

As of today, Tenaga Nasional Bhd's current FCF Yield % is -0.94%.

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

XKLS:5347' s FCF Margin % Range Over the Past 10 Years
Min: -1.15   Med: 7.54   Max: 40.79
Current: -1.15


During the past 13 years, the highest FCF Margin % of Tenaga Nasional Bhd was 40.79%. The lowest was -1.15%. And the median was 7.54%.

XKLS:5347's FCF Margin % is ranked worse than
61.92% of 499 companies
in the Utilities - Regulated industry
Industry Median: 2.36 vs XKLS:5347: -1.15


Tenaga Nasional Bhd FCF Margin % Related Terms


Tenaga Nasional Bhd FCF Margin % Historical Data

* Premium members only.

The historical data trend for Tenaga Nasional 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.

Tenaga Nasional Bhd FCF Margin % Chart

Tenaga Nasional Bhd Annual Data
Trend Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.25 1.58 40.79 19.73 -0.65

Tenaga Nasional Bhd Quarterly Data
Jun21 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 18.45 12.83 -25.05 -7.03 15.26

XKLS:5347 vs NEE, SO, DUK: FCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, Tenaga Nasional 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.


Tenaga Nasional Bhd FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's FCF Margin % distribution charts can be found below:

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


XKLS:5347
84GF Score
Tenaga Nasional Bhd XKLS:5347
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaga Nasional Bhd FCF Margin % Calculation

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

Tenaga Nasional 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 )
=-439.7/67723.1
=-0.65 %

Tenaga Nasional 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 )
=2609.6/17103.7
=15.26 %

* 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 15.26% mean?
Tenaga Nasional Bhd (XKLS:5347) has a FCF Margin % of 15.26% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tenaga Nasional Bhd and its competitors. This is 102% above median its historical median of 7.54. According to the industry distribution chart, Tenaga Nasional Bhd ranks #309 out of 499 companies in the Utilities - Regulated industry, placing it in the top 61.9%.
Is Tenaga Nasional Bhd's FCF Margin % too high?
Tenaga Nasional Bhd's current FCF Margin % of 15.26% is 102% above median its 10-year median of 7.54. The Utilities - Regulated industry median FCF Margin % is 2.36. Tenaga Nasional Bhd's value of 15.26% is 546.6% above this industry median. Based on the distribution chart, Tenaga Nasional Bhd ranks #309 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Tenaga Nasional 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 Tenaga Nasional Bhd's FCF Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #309 out of 499 companies for FCF Margin %. This places Tenaga Nasional Bhd in the lower half of its industry. The industry median FCF Margin % is 2.36. Tenaga Nasional Bhd's value of 15.26% is 546.6% above this benchmark. While the company's 10-year median is 7.54 vs. the industry median of 2.36, Tenaga Nasional Bhd 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 an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 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. Tenaga Nasional Bhd's current FCF Margin % of 15.26% is 546.6% 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 Tenaga Nasional Bhd and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaga Nasional Bhd's current FCF Margin % is 15.26%, which is 102% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (XKLS:5347) is currently considered Fairly Valued. The stock's GF Value™ is RM14.90, compared to a current price of RM14.38 — trading 3.5% below its estimated fair value. The current FCF Margin % is 15.26%, which is 102% above median its 10-year median of 7.54 and 546.6% above the Utilities - Regulated industry median of 2.36. Tenaga Nasional Bhd's overall GF Score™ is 84/100 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 Tenaga Nasional Bhd (XKLS:5347), the current FCF Margin % is 15.26% 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 Tenaga Nasional Bhd (XKLS:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be undervalued. The current stock price of RM14.38 is trading 3.5% below its estimated GF Value™ of RM14.90. GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.

Key valuation signals for XKLS:5347:

  • FCF Margin %: 15.26% (102% above median its 10-year median of 7.54)
  • GF Value™: RM14.90 vs. price of RM14.38 (3.5% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 546.6% above the Utilities - Regulated median (#309 of 499)

No single metric tells the full story. See the XKLS:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenaga Nasional Bhd Business Description

Other Exchanges TNABY:USATNABF:USA
Address No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
84GF Score

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

RM14.38
Price
RM14.90
GF Value