China Merchants Bank CoFRA:M4B -2.00%63 FCF Margin % is 138.52% as of Mar. 2026, which is 90% above its 10-year median of 72.78. GuruFocus rates FRA:M4B with a GF Score™ of 63/100 and a GF Value™ of €5.44 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,504 Banks companies, China Merchants Bank Co ranks better than 89.16% on this metric.
* 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.
China Merchants Bank Co FCF Margin % Competitor Comparison
For the Banks - Regional subindustry, China Merchants Bank Co'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.
China Merchants Bank Co FCF Margin % vs Banks Industry
For the Banks industry and Financial Services sector, China Merchants Bank Co's FCF Margin % distribution charts can be found below:
* The bar in red indicates where China Merchants Bank Co's FCF 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.
China Merchants Bank Co (FRA:M4B) has a FCF Margin % of 138.52% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on China Merchants Bank Co and its competitors. This is 90% above median its historical median of 72.78. According to the industry distribution chart, China Merchants Bank Co ranks #163 out of 1504 companies in the Banks industry, placing it in the top 10.8%.
Is China Merchants Bank Co's FCF Margin % too high?
China Merchants Bank Co's current FCF Margin % of 138.52% is 90% above median its 10-year median of 72.78. The Banks industry median FCF Margin % is 26.50. China Merchants Bank Co's value of 138.52% is 422.7% above this industry median. Based on the distribution chart, China Merchants Bank Co ranks #163 out of 1504 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, China Merchants Bank Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Bank Co's FCF Margin % compare to competitors?
According to the Banks industry distribution chart, China Merchants Bank Co ranks #163 out of 1504 companies for FCF Margin %. This places China Merchants Bank Co in the top 11% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 26.50. China Merchants Bank Co's value of 138.52% is 422.7% above this benchmark. While the company's 10-year median is 72.78 vs. the industry median of 26.50, China Merchants Bank Co 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 FCF Margin % for a Banks company?
The median FCF Margin % among Banks companies is 26.50, based on 1,504 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. China Merchants Bank Co's current FCF Margin % of 138.52% is 422.7% 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 China Merchants Bank Co and its competitors. For the Banks industry, the median FCF Margin % is 26.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Bank Co's current FCF Margin % is 138.52%, which is 90% above median its own 10-year median of 72.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Bank Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Bank Co (FRA:M4B) is currently considered Fairly Valued. The stock's GF Value™ is €5.44, compared to a current price of €5.09 — trading 6.5% below its estimated fair value. The current FCF Margin % is 138.52%, which is 90% above median its 10-year median of 72.78 and 422.7% above the Banks industry median of 26.50. China Merchants Bank Co's overall GF Score™ is 63/100 with 2 warning signs 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 China Merchants Bank Co (FRA:M4B), the current FCF Margin % is 138.52% 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 China Merchants Bank Co (FRA:M4B) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Bank Co stock appears to be undervalued.
The current stock price of €5.09 is trading 6.5% below its estimated GF Value™ of €5.44.
GuruFocus considers China Merchants Bank Co to be Fairly Valued.
Key valuation signals for FRA:M4B:
FCF Margin %: 138.52% (90% above median its 10-year median of 72.78)
GF Value™: €5.44 vs. price of €5.09 (6.5% below fair value)
Industry Position: 422.7% above the Banks median (#163 of 1504)
No single metric tells the full story. See the FRA:M4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 49%, 51%, and 0% of total profit before tax, respectively, and 40%, 58%, and 2% of total revenue in 2024.
63GF Score
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