CTGDF (China Tourism Group Duty Free) EBITDA Margin %: 16.84% (As of Mar. 2026) — 14% Above Median

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CTGDF China Tourism Group Duty Free Corp Ltd CTGDF
81 GF Score
Price $6.25
GF Value $7.91
! 4 Warning Signs
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What is China Tourism Group Duty Free EBITDA Margin %?

China Tourism Group Duty Free CTGDF 81 EBITDA Margin % is 16.84% as of Mar. 2026, which is 14% above its 10-year median of 14.76. GuruFocus rates CTGDF with a GF Score™ of 81/100 and a GF Value™ of $7.91. The stock has 4 warning signs investors should review. Among 1,132 Retail - Cyclical companies, China Tourism Group Duty Free ranks better than 61.75% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. China Tourism Group Duty Free's EBITDA for the three months ended in Mar. 2026 was $413 Mil. China Tourism Group Duty Free's Revenue for the three months ended in Mar. 2026 was $2,453 Mil. Therefore, China Tourism Group Duty Free's EBITDA margin for the quarter that ended in Mar. 2026 was 16.84%.


China Tourism Group Duty Free  (OTCPK:CTGDF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


China Tourism Group Duty Free EBITDA Margin % Related Terms


China Tourism Group Duty Free EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for China Tourism Group Duty Free's EBITDA 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.

China Tourism Group Duty Free EBITDA Margin % Chart

China Tourism Group Duty Free Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.32 16.89 15.17 13.62 12.65

China Tourism Group Duty Free Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA 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 15.42 10.25 6.86 6.73 16.84

CTGDF vs CASY, WSM, ULTA: EBITDA Margin % Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


China Tourism Group Duty Free EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's EBITDA Margin % falls into.


CTGDF
81GF Score
China Tourism Group Duty Free Corp Ltd CTGDF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Tourism Group Duty Free EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

China Tourism Group Duty Free's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=964.659/7623.464
=12.65 %

China Tourism Group Duty Free's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=413.13/2452.957
=16.84 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 16.84% mean?
China Tourism Group Duty Free (CTGDF) has a EBITDA Margin % of 16.84% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on China Tourism Group Duty Free and its competitors. This is 14% above median its historical median of 14.76. Over the past decade, China Tourism Group Duty Free's EBITDA Margin % has ranged from 10.68 to 24.32. According to the industry distribution chart, China Tourism Group Duty Free ranks #433 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 38.3%.
Is China Tourism Group Duty Free's EBITDA Margin % too high?
China Tourism Group Duty Free's current EBITDA Margin % of 16.84% is 14% above median its 10-year median of 14.76. Over the past 10 years, this metric has ranged from a low of 10.68 to a high of 24.32. The Retail - Cyclical industry median EBITDA Margin % is 7.54. China Tourism Group Duty Free's value of 16.84% is 123.3% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #433 out of 1132 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's EBITDA Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #433 out of 1132 companies for EBITDA Margin %. This puts China Tourism Group Duty Free in the upper half of its industry. The industry median EBITDA Margin % is 7.54. China Tourism Group Duty Free's value of 16.84% is 123.3% above this benchmark. Historically, China Tourism Group Duty Free's own EBITDA Margin % has ranged from 10.68 to 24.32 over the past decade. While the company's 10-year median is 14.76 vs. the industry median of 7.54, China Tourism Group Duty Free 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 EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.54, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current EBITDA Margin % of 16.84% is 123.3% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current EBITDA Margin % is 16.84%, which is 14% above median its own 10-year median of 14.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current EBITDA Margin % of 16.84%. The stock's GF Value™ is $7.91, compared to a current price of $6.25 — trading 21% below its estimated fair value. The current EBITDA Margin % is 16.84%, which is 14% above median its 10-year median of 14.76 and 123.3% above the Retail - Cyclical industry median of 7.54. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current EBITDA Margin % is 16.84% 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 China Tourism Group Duty Free (CTGDF) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of $6.25 is trading 21% below its estimated GF Value™ of $7.91.

Key valuation signals for CTGDF:

  • EBITDA Margin %: 16.84% (14% above median its 10-year median of 14.76)
  • GF Value™: $7.91 vs. price of $6.25 (21% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 123.3% above the Retail - Cyclical median (#433 of 1132)

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


China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong601888:China
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score

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

$6.25
Price
$7.91
GF Value