Li Ning CoLNNGY +0.38%92 FCF Margin % is 11.61% as of Dec. 2025, which is 3% above its 10-year median of 11.23. GuruFocus rates LNNGY with a GF Score™ of 92/100 and a GF Value™ of $66.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 844 Travel & Leisure companies, Li Ning Co ranks better than 67.42% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Li Ning Co's Free Cash Flow for the
six
months ended in Dec. 2025 was $244 Mil. Li Ning Co's Revenue for the
six
months ended in Dec. 2025 was $2,099 Mil. Therefore, Li Ning Co's FCF Margin % for the quarter that ended in Dec. 2025 was 11.61%.
The historical rank and industry rank for Li Ning Co's FCF Margin % or its related term are showing as below:
LNNGY'
s FCF Margin % Range Over the Past 10 Years
Min: 6.48 Med: 11.23 Max: 24.36
Current: 12.04
During the past 13 years, the highest FCF Margin % of Li Ning Co was 24.36%. The lowest was 6.48%. And the median was 11.23%.
LNNGY's FCF Margin % is ranked better than 67.42% of 844
companies
in the Travel & Leisure industry
Industry Median: 5.86
vs LNNGY: 12.04
Li Ning Co FCF Margin % Related Terms
Li Ning Co FCF Margin % Historical Data
* Premium members only.
The historical data trend for Li Ning Co'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.
For the Leisure subindustry, Li Ning 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.
Li Ning Co FCF Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Li Ning Co's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Li Ning Co's FCF Margin % falls into.
* 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.
Li Ning Co (LNNGY) has a FCF Margin % of 11.61% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Li Ning Co and its competitors. This is near median its historical median of 11.23. Over the past decade, Li Ning Co's FCF Margin % has ranged from 6.48 to 24.36. According to the industry distribution chart, Li Ning Co ranks #275 out of 844 companies in the Travel & Leisure industry, placing it in the top 32.6%.
Is Li Ning Co's FCF Margin % too high?
Li Ning Co's current FCF Margin % of 11.61% is near median its 10-year median of 11.23. Over the past 10 years, this metric has ranged from a low of 6.48 to a high of 24.36. The Travel & Leisure industry median FCF Margin % is 5.86. Li Ning Co's value of 11.61% is 98.1% above this industry median. Based on the distribution chart, Li Ning Co ranks #275 out of 844 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Li Ning Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Ning Co's FCF Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Li Ning Co ranks #275 out of 844 companies for FCF Margin %. This puts Li Ning Co in the upper half of its industry. The industry median FCF Margin % is 5.86. Li Ning Co's value of 11.61% is 98.1% above this benchmark. Historically, Li Ning Co's own FCF Margin % has ranged from 6.48 to 24.36 over the past decade. While the company's 10-year median is 11.23 vs. the industry median of 5.86, Li Ning 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 Travel & Leisure company?
The median FCF Margin % among Travel & Leisure companies is 5.86, based on 844 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. Li Ning Co's current FCF Margin % of 11.61% is 98.1% 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 Li Ning Co and its competitors. For the Travel & Leisure industry, the median FCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Ning Co's current FCF Margin % is 11.61%, which is near median its own 10-year median of 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Ning Co stock overvalued right now?
Based on GuruFocus' analysis, Li Ning Co (LNNGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $66.53, compared to a current price of $47.94 — trading 27.9% below its estimated fair value. The current FCF Margin % is 11.61%, which is near median its 10-year median of 11.23 and 98.1% above the Travel & Leisure industry median of 5.86. Li Ning Co's overall GF Score™ is 92/100 with 3 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 Li Ning Co (LNNGY), the current FCF Margin % is 11.61% 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 Li Ning Co (LNNGY) Overvalued in 2026?
Based on GuruFocus' analysis, Li Ning Co stock appears to be undervalued.
The current stock price of $47.94 is trading 27.9% below its estimated GF Value™ of $66.53.
GuruFocus considers Li Ning Co to be Modestly Undervalued.
Key valuation signals for LNNGY:
FCF Margin %: 11.61% (near median its 10-year median of 11.23)
GF Value™: $66.53 vs. price of $47.94 (27.9% below fair value)
Industry Position: 98.1% above the Travel & Leisure median (#275 of 844)
No single metric tells the full story. See the LNNGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2024, the company had 7,585 stores in China, of which 1,297 were directly operated, and the rest franchised.
92GF Score
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