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Fraser & Neave Holdings Bhd (XKLS:3689) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Fraser & Neave Holdings Bhd Forward PE Ratio Related Terms
Fraser & Neave Holdings Bhd Forward PE Ratio Historical Data
* 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.
Fraser & Neave Holdings Bhd Forward PE Ratio Chart
Fraser & Neave Holdings Bhd Annual Data
Trend
2021-09
2022-09
2023-09
2024-09
2025-09
Forward PE Ratio
21.88
18.80
19.31
17.79
17.05
Fraser & Neave Holdings Bhd Quarterly Data
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
21.74
21.88
21.88
23.75
17.30
18.80
18.21
21.93
19.53
19.31
19.01
19.49
17.95
17.79
17.38
15.24
16.77
17.05
23.48
20.29
XKLS:3689 vs KO, PEP, MNST: Forward PE Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings Bhd's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Fraser & Neave Holdings Bhd Forward PE Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Fraser & Neave Holdings Bhd's Forward PE Ratio falls into.
Fraser & Neave Holdings Bhd Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Fraser & Neave Holdings Bhd (XKLS:3689) has a Forward PE Ratio of 19.08 as of Jul. 25, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Fraser & Neave Holdings Bhd and its competitors. According to the industry distribution chart, Fraser & Neave Holdings Bhd ranks #41 out of 60 companies in the Beverages - Non-Alcoholic industry, placing it in the top 68.3%.
Is Fraser & Neave Holdings Bhd's Forward PE Ratio too high?
Fraser & Neave Holdings Bhd's current Forward PE Ratio is 19.08. The Beverages - Non-Alcoholic industry median Forward PE Ratio is 16.08. Fraser & Neave Holdings Bhd's value of 19.08 is 18.7% above this industry median. Based on the distribution chart, Fraser & Neave Holdings Bhd ranks #41 out of 60 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Fraser & Neave Holdings 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 Fraser & Neave Holdings Bhd's Forward PE Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fraser & Neave Holdings Bhd ranks #41 out of 60 companies for Forward PE Ratio. This places Fraser & Neave Holdings Bhd in the lower half of its industry. The industry median Forward PE Ratio is 16.08. Fraser & Neave Holdings Bhd's value of 19.08 is 18.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Beverages - Non-Alcoholic company?
The median Forward PE Ratio among Beverages - Non-Alcoholic companies is 16.08, based on 60 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fraser & Neave Holdings Bhd's current Forward PE Ratio of 19.08 is 18.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Fraser & Neave Holdings Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median Forward PE Ratio is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraser & Neave Holdings Bhd's current Forward PE Ratio is 19.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.21, compared to a current price of RM28.30 — trading 0.3% above its estimated fair value. The current Forward PE Ratio is 19.08 and 18.7% above the Beverages - Non-Alcoholic industry median of 16.08. Fraser & Neave Holdings Bhd's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Fraser & Neave Holdings Bhd (XKLS:3689), the current Forward PE Ratio is 19.08 as of Jul. 25, 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be overvalued.
The current stock price of RM28.30 is trading 0.3% above its estimated GF Value™ of RM28.21.
GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:3689:
Forward PE Ratio: 19.08
GF Value™: RM28.21 vs. price of RM28.30 (0.3% above fair value)
Industry Position: 18.7% above the Beverages - Non-Alcoholic median (#41 of 60)
No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
84GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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