Garden StageGSIW +1.60%12 FCF Margin % is -102.86% as of Sep. 2025. GuruFocus rates GSIW with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 771 Capital Markets companies, Garden Stage ranks worse than 73.54% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Garden Stage's Free Cash Flow for the
six
months ended in Sep. 2025 was $-3.41 Mil. Garden Stage's Revenue for the
six
months ended in Sep. 2025 was $3.32 Mil. Therefore, Garden Stage's FCF Margin % for the quarter that ended in Sep. 2025 was -102.86%.
The historical rank and industry rank for Garden Stage's FCF Margin % or its related term are showing as below:
GSIW'
s FCF Margin % Range Over the Past 10 Years
Min: -519.56 Med: -60.1 Max: 174.64
Current: -46.59
During the past 5 years, the highest FCF Margin % of Garden Stage was 174.64%. The lowest was -519.56%. And the median was -60.10%.
GSIW's FCF Margin % is ranked worse than 73.54% of 771
companies
in the Capital Markets industry
Industry Median: 1.02
vs GSIW: -46.59
Garden Stage FCF Margin % Related Terms
Garden Stage FCF Margin % Historical Data
* Premium members only.
The historical data trend for Garden Stage'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.
For the Capital Markets subindustry, Garden Stage'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.
Garden Stage FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Garden Stage's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Garden Stage'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.
Garden Stage (GSIW) has a FCF Margin % of -102.86% as of Sep. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Garden Stage and its competitors. According to the industry distribution chart, Garden Stage ranks #567 out of 771 companies in the Capital Markets industry, placing it in the top 73.5%.
Is Garden Stage's FCF Margin % too high?
Garden Stage's current FCF Margin % is -102.86%. Based on the distribution chart, Garden Stage ranks #567 out of 771 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Garden Stage has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Garden Stage's FCF Margin % compare to BGDE and HGBL?
According to the Capital Markets industry distribution chart, Garden Stage ranks #567 out of 771 companies for FCF Margin %. This places Garden Stage in the lower half of its industry. The industry median FCF Margin % is 1.02. 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 Capital Markets company?
The median FCF Margin % among Capital Markets companies is 1.02, based on 771 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 Garden Stage and its competitors. For the Capital Markets industry, the median FCF Margin % is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garden Stage's current FCF Margin % is -102.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Stage stock overvalued right now?
Garden Stage (GSIW) has a current FCF Margin % of -102.86%. The current FCF Margin % is -102.86%. Garden Stage's overall GF Score™ is 12/100 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 Garden Stage (GSIW), the current FCF Margin % is -102.86% as of Sep. 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.
Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong; and I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.
12GF Score
Get the complete analysis for GSIW
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GSIW has been successfully added to your 
