Activation Group Holdings (HKSE:09919) EBITDA Margin %: 14.23% (As of Dec. 2025) — Near Median

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HKSE:09919 Activation Group Holdings Ltd HKSE:09919
81 GF Score
Price HK$0.77
GF Value HK$1.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is Activation Group Holdings EBITDA Margin %?

Activation Group Holdings HKSE:09919 -0.65% 81 EBITDA Margin % is 14.23% as of Dec. 2025, which is 8% above its 10-year median of 13.13. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,011 Media - Diversified companies, Activation Group Holdings ranks better than 69.24% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Activation Group Holdings's EBITDA for the six months ended in Dec. 2025 was HK$62.2 Mil. Activation Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$437.2 Mil. Therefore, Activation Group Holdings's EBITDA margin for the quarter that ended in Dec. 2025 was 14.23%.


Activation Group Holdings  (HKSE:09919) 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.


Activation Group Holdings EBITDA Margin % Related Terms


Activation Group Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Activation 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.

Activation Group Holdings EBITDA Margin % Chart

Activation Group Holdings 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 16.75 8.83 17.62 14.82 16.03

Activation Group Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only 18.46 14.19 15.20 18.31 14.23

HKSE:09919 vs APP, OMC, TTD: EBITDA Margin % Comparison

For the Advertising Agencies subindustry, Activation 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.


Activation Group Holdings EBITDA Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Activation Group Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Activation Group Holdings's EBITDA Margin % falls into.


HKSE:09919
81GF Score
Activation Group Holdings Ltd HKSE:09919
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Activation Group Holdings EBITDA Margin % Calculation

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

Activation Group Holdings'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 )
=125.25/781.477
=16.03 %

Activation Group Holdings's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=62.196/437.181
=14.23 %

* 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 14.23% mean?
Activation Group Holdings (HKSE:09919) has a EBITDA Margin % of 14.23% 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 Activation Group Holdings and its competitors. This is near median its historical median of 13.13. Over the past decade, Activation Group Holdings' EBITDA Margin % has ranged from 8.83 to 17.62. According to the industry distribution chart, Activation Group Holdings ranks #311 out of 1011 companies in the Media - Diversified industry, placing it in the top 30.8%.
Is Activation Group Holdings' EBITDA Margin % too high?
Activation Group Holdings' current EBITDA Margin % of 14.23% is near median its 10-year median of 13.13. Over the past 10 years, this metric has ranged from a low of 8.83 to a high of 17.62. The Media - Diversified industry median EBITDA Margin % is 8.39. Activation Group Holdings' value of 14.23% is 69.6% above this industry median. Based on the distribution chart, Activation Group Holdings ranks #311 out of 1011 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' EBITDA Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Activation Group Holdings ranks #311 out of 1011 companies for EBITDA Margin %. This puts Activation Group Holdings in the upper half of its industry. The industry median EBITDA Margin % is 8.39. Activation Group Holdings' value of 14.23% is 69.6% above this benchmark. Historically, Activation Group Holdings' own EBITDA Margin % has ranged from 8.83 to 17.62 over the past decade. While the company's 10-year median is 13.13 vs. the industry median of 8.39, Activation Group Holdings 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 Media - Diversified company?
The median EBITDA Margin % among Media - Diversified companies is 8.39, based on 1,011 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. Activation Group Holdings's current EBITDA Margin % of 14.23% is 69.6% 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 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 Activation Group Holdings and its competitors. For the Media - Diversified industry, the median EBITDA Margin % is 8.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Activation Group Holdings's current EBITDA Margin % is 14.23%, which is near median its own 10-year median of 13.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.77 — trading 38.9% below its estimated fair value. The current EBITDA Margin % is 14.23%, which is near median its 10-year median of 13.13 and 69.6% above the Media - Diversified industry median of 8.39. Activation Group Holdings' overall GF Score™ is 81/100 with 3 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 Activation Group Holdings (HKSE:09919), the current EBITDA Margin % is 14.23% 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 Activation Group Holdings (HKSE:09919) Overvalued in 2026?

Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued. The current stock price of HK$0.77 is trading 38.9% below its estimated GF Value™ of HK$1.26. GuruFocus considers Activation Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09919:

  • EBITDA Margin %: 14.23% (near median its 10-year median of 13.13)
  • GF Value™: HK$1.26 vs. price of HK$0.77 (38.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 69.6% above the Media - Diversified median (#311 of 1011)

No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Activation Group Holdings Business Description

Address No. 399A Liu Zhou Road, 8th Floor, Hengdi Cang International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score

Get the complete analysis for HKSE:09919

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

HK$0.77
Price
HK$1.26
GF Value