Wah Sun Handbags International Holdings (HKSE:02683) FCF Margin %: 9.28% (As of Mar. 2026) — 105% Above Median

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HKSE:02683 Wah Sun Handbags International Holdings Ltd HKSE:02683
66 GF Score
Price HK$1.12
GF Value HK$0.69
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Wah Sun Handbags International Holdings FCF Margin %?

Wah Sun Handbags International Holdings HKSE:02683 +0.45% 66 FCF Margin % is 9.28% as of Mar. 2026, which is 105% above its 10-year median of 4.52. GuruFocus rates HKSE:02683 with a GF Score™ of 66/100 and a GF Value™ of HK$0.69 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Wah Sun Handbags International Holdings ranks better than 62.31% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Wah Sun Handbags International Holdings's Free Cash Flow for the six months ended in Mar. 2026 was HK$38.8 Mil. Wah Sun Handbags International Holdings's Revenue for the six months ended in Mar. 2026 was HK$417.8 Mil. Therefore, Wah Sun Handbags International Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 9.28%.

As of today, Wah Sun Handbags International Holdings's current FCF Yield % is 9.23%.

The historical rank and industry rank for Wah Sun Handbags International Holdings's FCF Margin % or its related term are showing as below:

HKSE:02683' s FCF Margin % Range Over the Past 10 Years
Min: -0.48   Med: 4.52   Max: 11.21
Current: 4.97


During the past 12 years, the highest FCF Margin % of Wah Sun Handbags International Holdings was 11.21%. The lowest was -0.48%. And the median was 4.52%.

HKSE:02683's FCF Margin % is ranked better than
62.31% of 1040 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.215 vs HKSE:02683: 4.97


Wah Sun Handbags International Holdings FCF Margin % Related Terms


Wah Sun Handbags International Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Wah Sun Handbags International Holdings'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.

Wah Sun Handbags International Holdings FCF Margin % Chart

Wah Sun Handbags International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 3.35 10.24 11.21 4.97

Wah Sun Handbags International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.57 4.22 17.84 0.80 9.28

HKSE:02683 vs NKE, DECK, ONON: FCF Margin % Comparison

For the Footwear & Accessories subindustry, Wah Sun Handbags International Holdings'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.


Wah Sun Handbags International Holdings FCF Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Wah Sun Handbags International Holdings's FCF Margin % falls into.


HKSE:02683
66GF Score
Wah Sun Handbags International Holdings Ltd HKSE:02683
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wah Sun Handbags International Holdings FCF Margin % Calculation

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

Wah Sun Handbags International Holdings's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=42.25/849.543
=4.97 %

Wah Sun Handbags International Holdings'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 )
=38.788/417.819
=9.28 %

* 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 9.28% mean?
Wah Sun Handbags International Holdings (HKSE:02683) has a FCF Margin % of 9.28% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Wah Sun Handbags International Holdings and its competitors. This is 105% above median its historical median of 4.52. According to the industry distribution chart, Wah Sun Handbags International Holdings ranks #392 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 37.7%.
Is Wah Sun Handbags International Holdings' FCF Margin % too high?
Wah Sun Handbags International Holdings' current FCF Margin % of 9.28% is 105% above median its 10-year median of 4.52. The Manufacturing - Apparel & Accessories industry median FCF Margin % is 2.22. Wah Sun Handbags International Holdings' value of 9.28% is 319% above this industry median. Based on the distribution chart, Wah Sun Handbags International Holdings ranks #392 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Wah Sun Handbags International Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Sun Handbags International Holdings' FCF Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wah Sun Handbags International Holdings ranks #392 out of 1040 companies for FCF Margin %. This puts Wah Sun Handbags International Holdings in the upper half of its industry. The industry median FCF Margin % is 2.22. Wah Sun Handbags International Holdings' value of 9.28% is 319% above this benchmark. While the company's 10-year median is 4.52 vs. the industry median of 2.22, Wah Sun Handbags International Holdings 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 2.22, based on 1,040 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. Wah Sun Handbags International Holdings's current FCF Margin % of 9.28% is 319% 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 Wah Sun Handbags International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wah Sun Handbags International Holdings's current FCF Margin % is 9.28%, which is 105% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Sun Handbags International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wah Sun Handbags International Holdings (HKSE:02683) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.69, compared to a current price of HK$1.12 — trading 62.3% above its estimated fair value. The current FCF Margin % is 9.28%, which is 105% above median its 10-year median of 4.52 and 319% above the Manufacturing - Apparel & Accessories industry median of 2.22. Wah Sun Handbags International Holdings' overall GF Score™ is 66/100 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 Wah Sun Handbags International Holdings (HKSE:02683), the current FCF Margin % is 9.28% 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 Wah Sun Handbags International Holdings (HKSE:02683) Overvalued in 2026?

Based on GuruFocus' analysis, Wah Sun Handbags International Holdings stock appears to be overvalued. The current stock price of HK$1.12 is trading 62.3% above its estimated GF Value™ of HK$0.69. GuruFocus considers Wah Sun Handbags International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02683:

  • FCF Margin %: 9.28% (105% above median its 10-year median of 4.52)
  • GF Value™: HK$0.69 vs. price of HK$1.12 (62.3% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 319% above the Manufacturing - Apparel & Accessories median (#392 of 1040)

No single metric tells the full story. See the HKSE:02683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wah Sun Handbags International Holdings Business Description

Address 30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of non-leather handbag products. Geographically, it derives a majority of its revenue from the United States of America and also has a presence in Canada, the Netherlands, China, and Other countries. Its non-leather handbags are made of materials such as PU, PVC, and various types of textile materials, which are mainly mass-market and middle-end priced products.
66GF Score

Get the complete analysis for HKSE:02683

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

HK$1.12
Price
HK$0.69
GF Value