Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
* 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.
Forward Fashion (International) Holdings Co FCF Margin % Chart
Forward Fashion (International) Holdings Co Annual Data
HKSE:02528 vs TJX, ROST, BURL: FCF Margin % Comparison
For the Apparel Retail subindustry, Forward Fashion (International) Holdings 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.
Forward Fashion (International) Holdings Co FCF Margin % vs Retail - Cyclical Industry
* 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.
Forward Fashion (International) Holdings Co (HKSE:02528) has a FCF Margin % of 22.42% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Forward Fashion (International) Holdings Co and its competitors. This is 36% above median its historical median of 16.44. Over the past decade, Forward Fashion (International) Holdings Co's FCF Margin % has ranged from 8.76 to 39.50. According to the industry distribution chart, Forward Fashion (International) Holdings Co ranks #98 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 8.7%.
Is Forward Fashion (International) Holdings Co's FCF Margin % too high?
Forward Fashion (International) Holdings Co's current FCF Margin % of 22.42% is 36% above median its 10-year median of 16.44. Over the past 10 years, this metric has ranged from a low of 8.76 to a high of 39.50. The Retail - Cyclical industry median FCF Margin % is 3.15. Forward Fashion (International) Holdings Co's value of 22.42% is 611.7% above this industry median. Based on the distribution chart, Forward Fashion (International) Holdings Co ranks #98 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Forward Fashion (International) Holdings Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Fashion (International) Holdings Co's FCF Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Forward Fashion (International) Holdings Co ranks #98 out of 1131 companies for FCF Margin %. This places Forward Fashion (International) Holdings Co in the top 9% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.15. Forward Fashion (International) Holdings Co's value of 22.42% is 611.7% above this benchmark. Historically, Forward Fashion (International) Holdings Co's own FCF Margin % has ranged from 8.76 to 39.50 over the past decade. While the company's 10-year median is 16.44 vs. the industry median of 3.15, Forward Fashion (International) Holdings 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 Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.15, based on 1,131 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. Forward Fashion (International) Holdings Co's current FCF Margin % of 22.42% is 611.7% 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 Forward Fashion (International) Holdings Co and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Fashion (International) Holdings Co's current FCF Margin % is 22.42%, which is 36% above median its own 10-year median of 16.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Fashion (International) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co (HKSE:02528) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.93 — trading 285.4% above its estimated fair value. The current FCF Margin % is 22.42%, which is 36% above median its 10-year median of 16.44 and 611.7% above the Retail - Cyclical industry median of 3.15. Forward Fashion (International) Holdings Co's overall GF Score™ is 43/100 with 6 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 Forward Fashion (International) Holdings Co (HKSE:02528), the current FCF Margin % is 22.42% 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 Forward Fashion (International) Holdings Co (HKSE:02528) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co stock appears to be overvalued.
The current stock price of HK$0.93 is trading 285.4% above its estimated GF Value™ of HK$0.24.
GuruFocus considers Forward Fashion (International) Holdings Co to be Significantly Overvalued.
Key valuation signals for HKSE:02528:
FCF Margin %: 22.42% (36% above median its 10-year median of 16.44)
GF Value™: HK$0.24 vs. price of HK$0.93 (285.4% above fair value)
Industry Position: 611.7% above the Retail - Cyclical median (#98 of 1131)
No single metric tells the full story. See the HKSE:02528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Fashion (International) Holdings Co Ltd is engaged in the retail and wholesale of fashion apparel of international brands through its multi-brand and multi-store business model in the Chinese Mainland, Macau, and Hong Kong. The group also provides store management services for fashion brands and catering services in Macau. Its portfolio includes brands such as BLACK BARRETT, Calvin Klein, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger, Under Armour, and others. It operates across three geographical segments: the Chinese Mainland, Macau, and Hong Kong and others, with Macau contributing the majority of the Group's revenue.
43GF Score
Get the complete analysis for HKSE:02528
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
HKSE:02528 has been successfully added to your 
