Headwater Exploration (FRA:C6V) FCF Margin %: -15.09% (As of Mar. 2026)


FRA:C6V Headwater Exploration Inc FRA:C6V
75 GF Score
Price €7.40
GF Value €5.51
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Headwater Exploration FCF Margin %?

Headwater Exploration FRA:C6V 75 FCF Margin % is -15.09% as of Mar. 2026. GuruFocus rates FRA:C6V with a GF Score™ of 75/100 and a GF Value™ of €5.51 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 906 Oil & Gas companies, Headwater Exploration ranks better than 57.51% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Headwater Exploration's Free Cash Flow for the three months ended in Mar. 2026 was €-16.8 Mil. Headwater Exploration's Revenue for the three months ended in Mar. 2026 was €111.4 Mil. Therefore, Headwater Exploration's FCF Margin % for the quarter that ended in Mar. 2026 was -15.09%.

As of today, Headwater Exploration's current FCF Yield % is 1.22%.

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

FRA:C6V' s FCF Margin % Range Over the Past 10 Years
Min: -366.65   Med: 11.76   Max: 87.6
Current: 5.54


During the past 13 years, the highest FCF Margin % of Headwater Exploration was 87.60%. The lowest was -366.65%. And the median was 11.76%.

FRA:C6V's FCF Margin % is ranked better than
57.51% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs FRA:C6V: 5.54


Headwater Exploration FCF Margin % Related Terms


Headwater Exploration FCF Margin % Historical Data

* Premium members only.

The historical data trend for Headwater Exploration'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.

Headwater Exploration FCF Margin % Chart

Headwater Exploration Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.05 7.64 12.37 15.15 11.14

Headwater Exploration Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.17 12.40 11.30 17.61 -15.09

FRA:C6V vs COP, EOG, OXY: FCF Margin % Comparison

For the Oil & Gas E&P subindustry, Headwater Exploration'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.


Headwater Exploration FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Headwater Exploration's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Headwater Exploration's FCF Margin % falls into.


FRA:C6V
75GF Score
Headwater Exploration Inc FRA:C6V
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Headwater Exploration FCF Margin % Calculation

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

Headwater Exploration's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=42.622/382.755
=11.14 %

Headwater Exploration's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-16.815/111.417
=-15.09 %

* 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 -15.09% mean?
Headwater Exploration (FRA:C6V) has a FCF Margin % of -15.09% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Headwater Exploration and its competitors. According to the industry distribution chart, Headwater Exploration ranks #385 out of 906 companies in the Oil & Gas industry, placing it in the top 42.5%.
Is Headwater Exploration's FCF Margin % too high?
Headwater Exploration's current FCF Margin % is -15.09%. Based on the distribution chart, Headwater Exploration ranks #385 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Headwater Exploration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Headwater Exploration ranks #385 out of 906 companies for FCF Margin %. This puts Headwater Exploration in the upper half of its industry. The industry median FCF Margin % is 3.29. 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 Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 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. 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 Headwater Exploration and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Exploration's current FCF Margin % is -15.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Exploration stock overvalued right now?
Based on GuruFocus' analysis, Headwater Exploration (FRA:C6V) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.51, compared to a current price of €7.40 — trading 34.3% above its estimated fair value. The current FCF Margin % is -15.09%. Headwater Exploration's overall GF Score™ is 75/100 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 Headwater Exploration (FRA:C6V), the current FCF Margin % is -15.09% 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 Headwater Exploration (FRA:C6V) Overvalued in 2026?

Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued. The current stock price of €7.40 is trading 34.3% above its estimated GF Value™ of €5.51. GuruFocus considers Headwater Exploration to be Significantly Overvalued.

Key valuation signals for FRA:C6V:

  • FCF Margin %: -15.09%
  • GF Value™: €5.51 vs. price of €7.40 (34.3% above fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the FRA:C6V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Headwater Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges CDDRF:USAHWX:Canada
Address 215 - 9th Avenue SW, Unit 1400, Calgary, AB, CAN, T2P 1K3
Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.
75GF Score

Get the complete analysis for FRA:C6V

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

€7.40
Price
€5.51
GF Value