Thorney Opportunities (ASX:TOP) FCF Margin %: 59.42% (As of Dec. 2025)


ASX:TOP Thorney Opportunities Ltd ASX:TOP
28 GF Score
Price A$0.54
GF Value A$0.96
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thorney Opportunities FCF Margin %?

Thorney Opportunities ASX:TOP -0.92% 28 FCF Margin % is 59.42% as of Dec. 2025. GuruFocus rates ASX:TOP with a GF Score™ of 28/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,461 Asset Management companies, Thorney Opportunities ranks worse than 60.44% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Thorney Opportunities's Free Cash Flow for the six months ended in Dec. 2025 was A$6.25 Mil. Thorney Opportunities's Revenue for the six months ended in Dec. 2025 was A$10.51 Mil. Therefore, Thorney Opportunities's FCF Margin % for the quarter that ended in Dec. 2025 was 59.42%.

As of today, Thorney Opportunities's current FCF Yield % is 0.59%.

The historical rank and industry rank for Thorney Opportunities's FCF Margin % or its related term are showing as below:

ASX:TOP' s FCF Margin % Range Over the Past 10 Years
Min: -155.57   Med: -0.51   Max: 107.19
Current: 2.13


During the past 13 years, the highest FCF Margin % of Thorney Opportunities was 107.19%. The lowest was -155.57%. And the median was -0.51%.

ASX:TOP's FCF Margin % is ranked worse than
60.44% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs ASX:TOP: 2.13


Thorney Opportunities FCF Margin % Related Terms


Thorney Opportunities FCF Margin % Historical Data

* Premium members only.

The historical data trend for Thorney Opportunities's FCF 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.

Thorney Opportunities FCF Margin % Chart

Thorney Opportunities Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -87.73 60.06 58.62 107.19

Thorney Opportunities Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF 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 19.30 87.46 923.96 -38.37 59.42

ASX:TOP vs BLK, BX, KKR: FCF Margin % Comparison

For the Asset Management subindustry, Thorney Opportunities's FCF Margin %, along with its competitors' market caps and FCF 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.


Thorney Opportunities FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thorney Opportunities's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Thorney Opportunities's FCF Margin % falls into.


ASX:TOP
28GF Score
Thorney Opportunities Ltd ASX:TOP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thorney Opportunities FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Thorney Opportunities's FCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=18.779/17.52
=107.19 %

Thorney Opportunities's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=6.246/10.511
=59.42 %

* 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 FCF Margin % →
What does a FCF Margin % of 59.42% mean?
Thorney Opportunities (ASX:TOP) has a FCF Margin % of 59.42% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thorney Opportunities and its competitors. According to the industry distribution chart, Thorney Opportunities ranks #883 out of 1461 companies in the Asset Management industry, placing it in the top 60.4%.
Is Thorney Opportunities' FCF Margin % too high?
Thorney Opportunities' current FCF Margin % is 59.42%. The Asset Management industry median FCF Margin % is 14.62. Thorney Opportunities' value of 59.42% is 306.4% above this industry median. Based on the distribution chart, Thorney Opportunities ranks #883 out of 1461 companies in the Asset Management industry, which is below the industry midpoint. Overall, Thorney Opportunities has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thorney Opportunities ranks #883 out of 1461 companies for FCF Margin %. This places Thorney Opportunities in the lower half of its industry. The industry median FCF Margin % is 14.62. Thorney Opportunities' value of 59.42% is 306.4% 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 FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thorney Opportunities's current FCF Margin % of 59.42% is 306.4% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thorney Opportunities and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thorney Opportunities's current FCF Margin % is 59.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.54 — trading 43.8% below its estimated fair value. The current FCF Margin % is 59.42% and 306.4% above the Asset Management industry median of 14.62. Thorney Opportunities' overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Thorney Opportunities (ASX:TOP), the current FCF Margin % is 59.42% 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 Thorney Opportunities (ASX:TOP) Overvalued in 2026?

Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued. The current stock price of A$0.54 is trading 43.8% below its estimated GF Value™ of A$0.96. GuruFocus considers Thorney Opportunities to be Significantly Undervalued.

Key valuation signals for ASX:TOP:

  • FCF Margin %: 59.42%
  • GF Value™: A$0.96 vs. price of A$0.54 (43.8% below fair value)
  • GF Score™: 28/100 with 1 warning sign
  • Industry Position: 306.4% above the Asset Management median (#883 of 1461)

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


Thorney Opportunities Business Description

Address 55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
28GF Score

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

A$0.54
Price
A$0.96
GF Value