Morgan Advanced Materials (LSE:MGAM) FCF Margin %: 9.81% (As of Dec. 2025) — 122% Above Median


LSE:MGAM Morgan Advanced Materials PLC LSE:MGAM
74 GF Score
Price £2.19
GF Value £2.41
Valuation Fairly Valued
! 9 Warning Signs
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What is Morgan Advanced Materials FCF Margin %?

Morgan Advanced Materials LSE:MGAM -0.90% 74 FCF Margin % is 9.81% as of Dec. 2025, which is 122% above its 10-year median of 4.42. GuruFocus rates LSE:MGAM with a GF Score™ of 74/100 and a GF Value™ of £2.41 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,036 Industrial Products companies, Morgan Advanced Materials ranks better than 64.36% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Morgan Advanced Materials's Free Cash Flow for the six months ended in Dec. 2025 was £46.5 Mil. Morgan Advanced Materials's Revenue for the six months ended in Dec. 2025 was £474.0 Mil. Therefore, Morgan Advanced Materials's FCF Margin % for the quarter that ended in Dec. 2025 was 9.81%.

As of today, Morgan Advanced Materials's current FCF Yield % is 8.38%.

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

LSE:MGAM' s FCF Margin % Range Over the Past 10 Years
Min: -3.51   Med: 4.42   Max: 8.76
Current: 5.09


During the past 13 years, the highest FCF Margin % of Morgan Advanced Materials was 8.76%. The lowest was -3.51%. And the median was 4.42%.

LSE:MGAM's FCF Margin % is ranked better than
64.36% of 3036 companies
in the Industrial Products industry
Industry Median: 1.565 vs LSE:MGAM: 5.09


Morgan Advanced Materials FCF Margin % Related Terms


Morgan Advanced Materials FCF Margin % Historical Data

* Premium members only.

The historical data trend for Morgan Advanced Materials'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.

Morgan Advanced Materials FCF Margin % Chart

Morgan Advanced Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 -3.51 1.62 1.62 5.09

Morgan Advanced Materials 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 9.42 -1.00 4.70 0.80 9.81

LSE:MGAM vs GEV, ETN, PH: FCF Margin % Comparison

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.


Morgan Advanced Materials FCF Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's FCF Margin % falls into.


LSE:MGAM
74GF Score
Morgan Advanced Materials PLC LSE:MGAM
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morgan Advanced Materials FCF Margin % Calculation

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

Morgan Advanced Materials'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 )
=50.7/996.6
=5.09 %

Morgan Advanced Materials'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 )
=46.5/474
=9.81 %

* 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 9.81% mean?
Morgan Advanced Materials (LSE:MGAM) has a FCF Margin % of 9.81% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Morgan Advanced Materials and its competitors. This is 122% above median its historical median of 4.42. According to the industry distribution chart, Morgan Advanced Materials ranks #1082 out of 3036 companies in the Industrial Products industry, placing it in the top 35.6%.
Is Morgan Advanced Materials' FCF Margin % too high?
Morgan Advanced Materials' current FCF Margin % of 9.81% is 122% above median its 10-year median of 4.42. The Industrial Products industry median FCF Margin % is 1.57. Morgan Advanced Materials' value of 9.81% is 526.8% above this industry median. Based on the distribution chart, Morgan Advanced Materials ranks #1082 out of 3036 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Morgan Advanced Materials has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morgan Advanced Materials' FCF Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Morgan Advanced Materials ranks #1082 out of 3036 companies for FCF Margin %. This puts Morgan Advanced Materials in the upper half of its industry. The industry median FCF Margin % is 1.57. Morgan Advanced Materials' value of 9.81% is 526.8% above this benchmark. While the company's 10-year median is 4.42 vs. the industry median of 1.57, Morgan Advanced Materials 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 an Industrial Products company?
The median FCF Margin % among Industrial Products companies is 1.57, based on 3,036 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. Morgan Advanced Materials's current FCF Margin % of 9.81% is 526.8% 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 Morgan Advanced Materials and its competitors. For the Industrial Products industry, the median FCF Margin % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Advanced Materials's current FCF Margin % is 9.81%, which is 122% above median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, Morgan Advanced Materials (LSE:MGAM) is currently considered Fairly Valued. The stock's GF Value™ is £2.41, compared to a current price of £2.19 — trading 9.1% below its estimated fair value. The current FCF Margin % is 9.81%, which is 122% above median its 10-year median of 4.42 and 526.8% above the Industrial Products industry median of 1.57. Morgan Advanced Materials' overall GF Score™ is 74/100 with 9 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 Morgan Advanced Materials (LSE:MGAM), the current FCF Margin % is 9.81% 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 Morgan Advanced Materials (LSE:MGAM) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Advanced Materials stock appears to be undervalued. The current stock price of £2.19 is trading 9.1% below its estimated GF Value™ of £2.41. GuruFocus considers Morgan Advanced Materials to be Fairly Valued.

Key valuation signals for LSE:MGAM:

  • FCF Margin %: 9.81% (122% above median its 10-year median of 4.42)
  • GF Value™: £2.41 vs. price of £2.19 (9.1% below fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 526.8% above the Industrial Products median (#1082 of 3036)

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


Morgan Advanced Materials Business Description

Address Sheet Street, York House, Windsor, GBR, SL4 1DD
Morgan Advanced Materials PLC is an advanced materials company that co-designs and manufactures mission-critical solutions using material science and application expertise. The Company's products and solutions include semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, rotary seals, rotary vane pump components, structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, and MACOR machinable glass ceramic. The Group operates through three segments: Thermal Products generates maximum revenue, Performance Carbon, and Technical Ceramics. Geographically, it generates the majority of its revenue from the USA.
74GF Score

Get the complete analysis for LSE:MGAM

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

£2.19
Price
£2.41
GF Value