First Service Holding (HKSE:02107) EBITDA Margin %: -11.73% (As of Dec. 2025)

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HKSE:02107 First Service Holding Ltd HKSE:02107
61 GF Score
Price HK$0.44
GF Value HK$0.40
Valuation Fairly Valued
! 8 Warning Signs
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What is First Service Holding EBITDA Margin %?

First Service Holding HKSE:02107 +4.82% 61 EBITDA Margin % is -11.73% as of Dec. 2025. GuruFocus rates HKSE:02107 with a GF Score™ of 61/100 and a GF Value™ of HK$0.40 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,743 Real Estate companies, First Service Holding ranks worse than 78.83% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. First Service Holding's EBITDA for the six months ended in Dec. 2025 was HK$-85 Mil. First Service Holding's Revenue for the six months ended in Dec. 2025 was HK$726 Mil. Therefore, First Service Holding's EBITDA margin for the quarter that ended in Dec. 2025 was -11.73%.


First Service Holding  (HKSE:02107) 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.


First Service Holding EBITDA Margin % Related Terms


First Service Holding EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for First Service Holding'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.

First Service Holding EBITDA Margin % Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only 4.24 6.45 8.11 0.04 -1.23

First Service Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.45 9.27 -10.78 7.05 -11.73

HKSE:02107 vs CBRE, BEKE, JLL: EBITDA Margin % Comparison

For the Real Estate Services subindustry, First Service Holding'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.


First Service Holding EBITDA Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Service Holding's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where First Service Holding's EBITDA Margin % falls into.


HKSE:02107
61GF Score
First Service Holding Ltd HKSE:02107
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Service Holding EBITDA Margin % Calculation

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

First Service Holding'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 )
=-18.201/1481.621
=-1.23 %

First Service Holding's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-85.148/725.865
=-11.73 %

* 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 -11.73% mean?
First Service Holding (HKSE:02107) has a EBITDA Margin % of -11.73% 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 First Service Holding and its competitors. According to the industry distribution chart, First Service Holding ranks #1374 out of 1743 companies in the Real Estate industry, placing it in the top 78.8%.
Is First Service Holding's EBITDA Margin % too high?
First Service Holding's current EBITDA Margin % is -11.73%. Based on the distribution chart, First Service Holding ranks #1374 out of 1743 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, First Service Holding has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Service Holding's EBITDA Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Service Holding ranks #1374 out of 1743 companies for EBITDA Margin %. This places First Service Holding in the lower half of its industry. The industry median EBITDA Margin % is 21.39. 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 Real Estate company?
The median EBITDA Margin % among Real Estate companies is 21.39, based on 1,743 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. 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 First Service Holding and its competitors. For the Real Estate industry, the median EBITDA Margin % is 21.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Service Holding's current EBITDA Margin % is -11.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Service Holding stock overvalued right now?
Based on GuruFocus' analysis, First Service Holding (HKSE:02107) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.44 — trading 8.8% above its estimated fair value. The current EBITDA Margin % is -11.73%. First Service Holding's overall GF Score™ is 61/100 with 8 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 First Service Holding (HKSE:02107), the current EBITDA Margin % is -11.73% 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.

Is First Service Holding (HKSE:02107) Overvalued in 2026?

Based on GuruFocus' analysis, First Service Holding stock appears to be overvalued. The current stock price of HK$0.44 is trading 8.8% above its estimated GF Value™ of HK$0.40. GuruFocus considers First Service Holding to be Fairly Valued.

Key valuation signals for HKSE:02107:

  • EBITDA Margin %: -11.73%
  • GF Value™: HK$0.40 vs. price of HK$0.44 (8.8% above fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the HKSE:02107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Service Holding Business Description

Address No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into two segments: First Property management services comprising of property management services, energy operation services under the service line of green living solutions and value-added services; and First Living segment provides green technology consulting service, system installation services, sale of goods, and energy operation services under the service line of green living solutions. It derives maximum revenue from First Property Management.
61GF Score

Get the complete analysis for HKSE:02107

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

HK$0.44
Price
HK$0.40
GF Value