MAS (JSE:MSP) FCF Margin %: 158.50% (As of Dec. 2025) — 166% Above Median

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JSE:MSP MAS PLC JSE:MSP
73 GF Score
Price R22.31
GF Value R20.09
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is MAS FCF Margin %?

MAS JSE:MSP +1.87% 73 FCF Margin % is 158.50% as of Dec. 2025, which is 166% above its 10-year median of 59.69. GuruFocus rates JSE:MSP with a GF Score™ of 73/100 and a GF Value™ of R20.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,755 Real Estate companies, MAS ranks better than 96.52% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. MAS's Free Cash Flow for the six months ended in Dec. 2025 was R1,620 Mil. MAS's Revenue for the six months ended in Dec. 2025 was R1,022 Mil. Therefore, MAS's FCF Margin % for the quarter that ended in Dec. 2025 was 158.50%.

As of today, MAS's current FCF Yield % is 13.57%.

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

JSE:MSP' s FCF Margin % Range Over the Past 10 Years
Min: 7.62   Med: 59.69   Max: 125.24
Current: 97.29


During the past 13 years, the highest FCF Margin % of MAS was 125.24%. The lowest was 7.62%. And the median was 59.69%.

JSE:MSP's FCF Margin % is ranked better than
96.52% of 1755 companies
in the Real Estate industry
Industry Median: 6.32 vs JSE:MSP: 97.29


MAS FCF Margin % Related Terms


MAS FCF Margin % Historical Data

* Premium members only.

The historical data trend for MAS'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.

MAS FCF Margin % Chart

MAS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.38 118.31 69.81 65.00 9.45

MAS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 96.59 34.19 -16.77 36.53 158.50

MAS FCF Margin % Competitor Comparison

For the Real Estate - Diversified subindustry, MAS'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.


MAS FCF Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MAS's FCF Margin % distribution charts can be found below:

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


JSE:MSP
73GF Score
MAS PLC JSE:MSP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MAS FCF Margin % Calculation

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

MAS's FCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=197.806/2093.672
=9.45 %

MAS'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 )
=1619.862/1022.005
=158.50 %

* 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 158.50% mean?
MAS (JSE:MSP) has a FCF Margin % of 158.50% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MAS and its competitors. This is 166% above median its historical median of 59.69. Over the past decade, MAS's FCF Margin % has ranged from 7.62 to 125.24. According to the industry distribution chart, MAS ranks #61 out of 1755 companies in the Real Estate industry, placing it in the top 3.5%.
Is MAS's FCF Margin % too high?
MAS's current FCF Margin % of 158.50% is 166% above median its 10-year median of 59.69. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 125.24. The Real Estate industry median FCF Margin % is 6.32. MAS's value of 158.50% is 2407.9% above this industry median. Based on the distribution chart, MAS ranks #61 out of 1755 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, MAS has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MAS's FCF Margin % compare to competitors?
According to the Real Estate industry distribution chart, MAS ranks #61 out of 1755 companies for FCF Margin %. This places MAS in the top 4% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 6.32. MAS's value of 158.50% is 2407.9% above this benchmark. Historically, MAS's own FCF Margin % has ranged from 7.62 to 125.24 over the past decade. While the company's 10-year median is 59.69 vs. the industry median of 6.32, MAS 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 Real Estate company?
The median FCF Margin % among Real Estate companies is 6.32, based on 1,755 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. MAS's current FCF Margin % of 158.50% is 2407.9% 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 MAS and its competitors. For the Real Estate industry, the median FCF Margin % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAS's current FCF Margin % is 158.50%, which is 166% above median its own 10-year median of 59.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAS stock overvalued right now?
Based on GuruFocus' analysis, MAS (JSE:MSP) is currently considered Modestly Overvalued. The stock's GF Value™ is R20.09, compared to a current price of R22.31 — trading 11.1% above its estimated fair value. The current FCF Margin % is 158.50%, which is 166% above median its 10-year median of 59.69 and 2407.9% above the Real Estate industry median of 6.32. MAS's overall GF Score™ is 73/100 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 MAS (JSE:MSP), the current FCF Margin % is 158.50% 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 MAS (JSE:MSP) Overvalued in 2026?

Based on GuruFocus' analysis, MAS stock appears to be overvalued. The current stock price of R22.31 is trading 11.1% above its estimated GF Value™ of R20.09. GuruFocus considers MAS to be Modestly Overvalued.

Key valuation signals for JSE:MSP:

  • FCF Margin %: 158.50% (166% above median its 10-year median of 59.69)
  • GF Value™: R20.09 vs. price of R22.31 (11.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 2407.9% above the Real Estate median (#61 of 1755)

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


MAS Business Description

Address Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, XBX1129
MAS PLC is a property investor. It owns income generating properties in Romania, Bulgaria, and Poland. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.
73GF Score

Get the complete analysis for JSE:MSP

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

R22.31
Price
R20.09
GF Value