Time Watch InvestmentsHKSE:02033 48 FCF Margin % is 7.64% as of Dec. 2025, which is 27% below its 10-year median of 10.50. GuruFocus rates HKSE:02033 with a GF Score™ of 48/100 and a GF Value™ of HK$0.23 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Time Watch Investments ranks better than 77.87% on this metric.
The historical rank and industry rank for Time Watch Investments's FCF Margin % or its related term are showing as below:
HKSE:02033'
s FCF Margin % Range Over the Past 10 Years
Min: 3.44 Med: 10.5 Max: 15.95
Current: 9.15
During the past 13 years, the highest FCF Margin % of Time Watch Investments was 15.95%. The lowest was 3.44%. And the median was 10.50%.
HKSE:02033's FCF Margin % is ranked better than 77.87% of 1035
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.28
vs HKSE:02033: 9.15
Time Watch Investments FCF Margin % Related Terms
Time Watch Investments FCF Margin % Historical Data
* 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.
HKSE:02033 vs NKE, DECK, ONON: FCF Margin % Comparison
For the Footwear & Accessories subindustry, Time Watch Investments'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.
Time Watch Investments FCF Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Time Watch Investments'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.
Time Watch Investments (HKSE:02033) has a FCF Margin % of 7.64% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Time Watch Investments and its competitors. This is 27% below median its historical median of 10.50. Over the past decade, Time Watch Investments' FCF Margin % has ranged from 3.44 to 15.95. According to the industry distribution chart, Time Watch Investments ranks #229 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.1%.
Is Time Watch Investments' FCF Margin % too high?
Time Watch Investments' current FCF Margin % of 7.64% is 27% below median its 10-year median of 10.50. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 15.95. The Manufacturing - Apparel & Accessories industry median FCF Margin % is 2.28. Time Watch Investments' value of 7.64% is 235.1% above this industry median. Based on the distribution chart, Time Watch Investments ranks #229 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Time Watch Investments has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Time Watch Investments' FCF Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Time Watch Investments ranks #229 out of 1035 companies for FCF Margin %. This places Time Watch Investments in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.28. Time Watch Investments' value of 7.64% is 235.1% above this benchmark. Historically, Time Watch Investments' own FCF Margin % has ranged from 3.44 to 15.95 over the past decade. While the company's 10-year median is 10.50 vs. the industry median of 2.28, Time Watch Investments 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 Manufacturing - Apparel & Accessories company?
The median FCF Margin % among Manufacturing - Apparel & Accessories companies is 2.28, based on 1,035 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. Time Watch Investments's current FCF Margin % of 7.64% is 235.1% 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 Time Watch Investments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Watch Investments's current FCF Margin % is 7.64%, which is 27% below median its own 10-year median of 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Watch Investments stock overvalued right now?
Based on GuruFocus' analysis, Time Watch Investments (HKSE:02033) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.26 — trading 10.9% above its estimated fair value. The current FCF Margin % is 7.64%, which is 27% below median its 10-year median of 10.50 and 235.1% above the Manufacturing - Apparel & Accessories industry median of 2.28. Time Watch Investments' overall GF Score™ is 48/100 with 4 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 Time Watch Investments (HKSE:02033), the current FCF Margin % is 7.64% 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 Time Watch Investments (HKSE:02033) Overvalued in 2026?
Based on GuruFocus' analysis, Time Watch Investments stock appears to be overvalued.
The current stock price of HK$0.26 is trading 10.9% above its estimated GF Value™ of HK$0.23.
GuruFocus considers Time Watch Investments to be Modestly Overvalued.
Key valuation signals for HKSE:02033:
FCF Margin %: 7.64% (27% below median its 10-year median of 10.50)
GF Value™: HK$0.23 vs. price of HK$0.26 (10.9% above fair value)
Industry Position: 235.1% above the Manufacturing - Apparel & Accessories median (#229 of 1035)
No single metric tells the full story. See the HKSE:02033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator, and the Asia Pacific.
48GF Score
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