Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FWD Group HoldingsHKSE:01828 +0.65%30 EBITDA Margin % is 12.67% as of Dec. 2025, which is 354% above its 10-year median of 2.79. GuruFocus rates HKSE:01828 with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 371 Insurance companies, FWD Group Holdings ranks worse than 60.38% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. FWD Group Holdings's EBITDA for the
six
months ended in Dec. 2025 was HK$2,715 Mil. FWD Group Holdings's Revenue for the
six
months ended in Dec. 2025 was HK$21,436 Mil. Therefore, FWD Group Holdings's EBITDA margin for the quarter that ended in Dec. 2025 was 12.67%.
FWD Group Holdings (HKSE:01828) 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.
FWD Group Holdings EBITDA Margin % Related Terms
FWD Group Holdings EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for FWD Group Holdings'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.
HKSE:01828 vs AFL, MET, PRU: EBITDA Margin % Comparison
For the Insurance - Life subindustry, FWD Group Holdings'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.
FWD Group Holdings EBITDA Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, FWD Group Holdings's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where FWD Group Holdings's EBITDA 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.
FWD Group Holdings (HKSE:01828) has a EBITDA Margin % of 12.67% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on FWD Group Holdings and its competitors. This is 354% above median its historical median of 2.79. According to the industry distribution chart, FWD Group Holdings ranks #224 out of 371 companies in the Insurance industry, placing it in the top 60.4%.
Is FWD Group Holdings' EBITDA Margin % too high?
FWD Group Holdings' current EBITDA Margin % of 12.67% is 354% above median its 10-year median of 2.79. The Insurance industry median EBITDA Margin % is 14.32. FWD Group Holdings' value of 12.67% is 11.5% below this industry median. Based on the distribution chart, FWD Group Holdings ranks #224 out of 371 companies in the Insurance industry, which is below the industry midpoint. Overall, FWD Group Holdings has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does FWD Group Holdings' EBITDA Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, FWD Group Holdings ranks #224 out of 371 companies for EBITDA Margin %. This places FWD Group Holdings in the lower half of its industry. The industry median EBITDA Margin % is 14.32. FWD Group Holdings' value of 12.67% is 11.5% below this benchmark. While the company's 10-year median is 2.79 vs. the industry median of 14.32, FWD Group Holdings has consistently been below 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 an Insurance company?
The median EBITDA Margin % among Insurance companies is 14.32, based on 371 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. FWD Group Holdings's current EBITDA Margin % of 12.67% is 11.5% below 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 FWD Group Holdings and its competitors. For the Insurance industry, the median EBITDA Margin % is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FWD Group Holdings's current EBITDA Margin % is 12.67%, which is 354% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FWD Group Holdings stock overvalued right now?
FWD Group Holdings (HKSE:01828) has a current EBITDA Margin % of 12.67%. The current EBITDA Margin % is 12.67%, which is 354% above median its 10-year median of 2.79 and 11.5% below the Insurance industry median of 14.32. FWD Group Holdings' overall GF Score™ is 30/100 with 5 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 FWD Group Holdings (HKSE:01828), the current EBITDA Margin % is 12.67% as of Dec. 2025. 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.
FWD Group Holdings Ltd is a holding company. The Company and its subsidiaries are principally engaged in the provision of products and services focusing on life insurance, general insurance, and investment services (the Insurance Business). The operating segments of the company are each of the geographical markets in which the Operating Group operates, which are Hong Kong, Thailand, Japan, Emerging Markets & Corporate, and Others.
30GF Score
Get the complete analysis for HKSE:01828
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01828 has been successfully added to your 
