Adicon Holdings (HKSE:09860) FCF Margin %: 24.83% (As of Dec. 2025) — 168% Above Median


HKSE:09860 Adicon Holdings Ltd HKSE:09860
76 GF Score
Price HK$4.13
GF Value HK$7.24
Valuation Possible Value Trap
! 6 Warning Signs
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What is Adicon Holdings FCF Margin %?

Adicon Holdings HKSE:09860 +1.23% 76 FCF Margin % is 24.83% as of Dec. 2025, which is 168% above its 10-year median of 9.26. GuruFocus rates HKSE:09860 with a GF Score™ of 76/100 and a GF Value™ of HK$7.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 205 Medical Diagnostics & Research companies, Adicon Holdings ranks better than 62.93% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Adicon Holdings's Free Cash Flow for the six months ended in Dec. 2025 was HK$375 Mil. Adicon Holdings's Revenue for the six months ended in Dec. 2025 was HK$1,511 Mil. Therefore, Adicon Holdings's FCF Margin % for the quarter that ended in Dec. 2025 was 24.83%.

As of today, Adicon Holdings's current FCF Yield % is 4.47%.

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

HKSE:09860' s FCF Margin % Range Over the Past 10 Years
Min: 3.87   Med: 9.26   Max: 13.69
Current: 4.57


During the past 6 years, the highest FCF Margin % of Adicon Holdings was 13.69%. The lowest was 3.87%. And the median was 9.26%.

HKSE:09860's FCF Margin % is ranked better than
62.93% of 205 companies
in the Medical Diagnostics & Research industry
Industry Median: -1.89 vs HKSE:09860: 4.57


Adicon Holdings FCF Margin % Related Terms


Adicon Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Adicon 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.

Adicon Holdings FCF Margin % Chart

Adicon Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 12.08 12.25 6.43 3.87 4.45

Adicon Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.10 -14.77 22.74 -17.49 24.83

HKSE:09860 vs TMO, DHR, IDXX: FCF Margin % Comparison

For the Diagnostics & Research subindustry, Adicon 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.


Adicon Holdings FCF Margin % vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Adicon Holdings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Adicon Holdings's FCF Margin % falls into.


HKSE:09860
76GF Score
Adicon Holdings Ltd HKSE:09860
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adicon Holdings FCF Margin % Calculation

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

Adicon Holdings's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=129.796/2914.762
=4.45 %

Adicon Holdings's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=375.228/1511.144
=24.83 %

* 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 24.83% mean?
Adicon Holdings (HKSE:09860) has a FCF Margin % of 24.83% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Adicon Holdings and its competitors. This is 168% above median its historical median of 9.26. Over the past decade, Adicon Holdings' FCF Margin % has ranged from 3.87 to 13.69. According to the industry distribution chart, Adicon Holdings ranks #76 out of 205 companies in the Medical Diagnostics & Research industry, placing it in the top 37.1%.
Is Adicon Holdings' FCF Margin % too high?
Adicon Holdings' current FCF Margin % of 24.83% is 168% above median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 13.69. Based on the distribution chart, Adicon Holdings ranks #76 out of 205 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Adicon Holdings has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adicon Holdings' FCF Margin % compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Adicon Holdings ranks #76 out of 205 companies for FCF Margin %. This puts Adicon Holdings in the upper half of its industry. Historically, Adicon Holdings' own FCF Margin % has ranged from 3.87 to 13.69 over the past decade. 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 Medical Diagnostics & Research company?
A good FCF Margin % depends on the Medical Diagnostics & Research industry context. 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 Adicon Holdings and its competitors. Adicon Holdings's current FCF Margin % is 24.83%, which is 168% above median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adicon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adicon Holdings (HKSE:09860) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.24, compared to a current price of HK$4.13 — trading 43% below its estimated fair value. The current FCF Margin % is 24.83%, which is 168% above median its 10-year median of 9.26. Adicon Holdings' overall GF Score™ is 76/100 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 Adicon Holdings (HKSE:09860), the current FCF Margin % is 24.83% 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 Adicon Holdings (HKSE:09860) Overvalued in 2026?

Based on GuruFocus' analysis, Adicon Holdings stock appears to be undervalued. The current stock price of HK$4.13 is trading 43% below its estimated GF Value™ of HK$7.24. GuruFocus considers Adicon Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09860:

  • FCF Margin %: 24.83% (168% above median its 10-year median of 9.26)
  • GF Value™: HK$7.24 vs. price of HK$4.13 (43% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the HKSE:09860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adicon Holdings Business Description

Address No. 208, Zhenzhong Road, West Lake District, Xihu District, Hangzhou, CHN
Adicon Holdings Ltd is a ICL service provider in China. It offers comprehensive testing services to hospitals and health check centers through an integrated network of self-operated laboratories across China. Its testing services platform includes clinical laboratories, pathology laboratories, reproductive genetics laboratories, gene laboratories, and mass spectrometry laboratories, consisting of over 4,000 medical diagnostic tests, the introduction of over 300 new high-end diagnostic tests.
76GF Score

Get the complete analysis for HKSE:09860

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

HK$4.13
Price
HK$7.24
GF Value