Combined Motor Holdings (JSE:CMH) FCF Margin %: 8.80% (As of Feb. 2026) — 122% Above Median


JSE:CMH Combined Motor Holdings Ltd JSE:CMH
92 GF Score
Price R39.43
GF Value R38.81
Valuation Fairly Valued
! 2 Warning Signs
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What is Combined Motor Holdings FCF Margin %?

Combined Motor Holdings JSE:CMH +0.36% 92 FCF Margin % is 8.80% as of Feb. 2026, which is 122% above its 10-year median of 3.97. GuruFocus rates JSE:CMH with a GF Score™ of 92/100 and a GF Value™ of R38.81 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,323 Vehicles & Parts companies, Combined Motor Holdings ranks better than 68.71% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Combined Motor Holdings's Free Cash Flow for the six months ended in Feb. 2026 was R714 Mil. Combined Motor Holdings's Revenue for the six months ended in Feb. 2026 was R8,110 Mil. Therefore, Combined Motor Holdings's FCF Margin % for the quarter that ended in Feb. 2026 was 8.80%.

As of today, Combined Motor Holdings's current FCF Yield % is 31.33%.

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

JSE:CMH' s FCF Margin % Range Over the Past 10 Years
Min: 1.07   Med: 3.97   Max: 6.02
Current: 5.46


During the past 13 years, the highest FCF Margin % of Combined Motor Holdings was 6.02%. The lowest was 1.07%. And the median was 3.97%.

JSE:CMH's FCF Margin % is ranked better than
68.71% of 1323 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs JSE:CMH: 5.46


Combined Motor Holdings FCF Margin % Related Terms


Combined Motor Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Combined Motor 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.

Combined Motor Holdings FCF Margin % Chart

Combined Motor Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.82 5.23 5.39 5.46

Combined Motor Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 9.35 3.24 7.49 1.89 8.80

JSE:CMH vs CVNA, PAG, ALTB: FCF Margin % Comparison

For the Auto & Truck Dealerships subindustry, Combined Motor 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.


Combined Motor Holdings FCF Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's FCF Margin % distribution charts can be found below:

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


JSE:CMH
92GF Score
Combined Motor Holdings Ltd JSE:CMH
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Combined Motor Holdings FCF Margin % Calculation

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

Combined Motor Holdings's FCF Margin for the fiscal year that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=857.671/15711.19
=5.46 %

Combined Motor Holdings's FCF Margin for the quarter that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=713.856/8110.289
=8.80 %

* 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 8.80% mean?
Combined Motor Holdings (JSE:CMH) has a FCF Margin % of 8.80% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Combined Motor Holdings and its competitors. This is 122% above median its historical median of 3.97. Over the past decade, Combined Motor Holdings' FCF Margin % has ranged from 1.07 to 6.02. According to the industry distribution chart, Combined Motor Holdings ranks #414 out of 1323 companies in the Vehicles & Parts industry, placing it in the top 31.3%.
Is Combined Motor Holdings' FCF Margin % too high?
Combined Motor Holdings' current FCF Margin % of 8.80% is 122% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 6.02. The Vehicles & Parts industry median FCF Margin % is 2.25. Combined Motor Holdings' value of 8.80% is 291.1% above this industry median. Based on the distribution chart, Combined Motor Holdings ranks #414 out of 1323 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Combined Motor Holdings has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Combined Motor Holdings' FCF Margin % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Combined Motor Holdings ranks #414 out of 1323 companies for FCF Margin %. This puts Combined Motor Holdings in the upper half of its industry. The industry median FCF Margin % is 2.25. Combined Motor Holdings' value of 8.80% is 291.1% above this benchmark. Historically, Combined Motor Holdings' own FCF Margin % has ranged from 1.07 to 6.02 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 2.25, Combined Motor 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 Vehicles & Parts company?
The median FCF Margin % among Vehicles & Parts companies is 2.25, based on 1,323 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. Combined Motor Holdings's current FCF Margin % of 8.80% is 291.1% 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 Combined Motor Holdings and its competitors. For the Vehicles & Parts industry, the median FCF Margin % is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Motor Holdings's current FCF Margin % is 8.80%, which is 122% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Motor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Combined Motor Holdings (JSE:CMH) is currently considered Fairly Valued. The stock's GF Value™ is R38.81, compared to a current price of R39.43 — trading 1.6% above its estimated fair value. The current FCF Margin % is 8.80%, which is 122% above median its 10-year median of 3.97 and 291.1% above the Vehicles & Parts industry median of 2.25. Combined Motor Holdings' overall GF Score™ is 92/100 with 2 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 Combined Motor Holdings (JSE:CMH), the current FCF Margin % is 8.80% as of Feb. 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 Combined Motor Holdings (JSE:CMH) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Motor Holdings stock appears to be overvalued. The current stock price of R39.43 is trading 1.6% above its estimated GF Value™ of R38.81. GuruFocus considers Combined Motor Holdings to be Fairly Valued.

Key valuation signals for JSE:CMH:

  • FCF Margin %: 8.80% (122% above median its 10-year median of 3.97)
  • GF Value™: R38.81 vs. price of R39.43 (1.6% above fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 291.1% above the Vehicles & Parts median (#414 of 1323)

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


Combined Motor Holdings Business Description

Address 1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319
Combined Motor Holdings Ltd is a South Africa-based investment holding company engaged in motor retail and distribution, car hire, and financial services. The Company operates through four business segments: Motor Retail and Distribution, which generates maximum revenue and covers passenger, light commercial, and heavy commercial vehicles in both the volume and luxury categories; Car Hire, which offers a range of well-maintained vehicles for short- and long-term hire; Financial Services, which provides insurance underwriting facilities for products sold with new and used vehicles, including coverage for death, disability, dread disease, retrenchment, vehicle and component warranties, and vehicle financing through joint ventures with two finance houses; and Corporate Services and Other.
92GF Score

Get the complete analysis for JSE:CMH

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

R39.43
Price
R38.81
GF Value