GDS Holdings (MEX:GDSN) FCF Margin %: -9.57% (As of Mar. 2026)


MEX:GDSN GDS Holdings Ltd MEX:GDSN
69 GF Score
Price MXN618.00
GF Value MXN449.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GDS Holdings FCF Margin %?

GDS Holdings MEX:GDSN 69 FCF Margin % is -9.57% as of Mar. 2026. GuruFocus rates MEX:GDSN with a GF Score™ of 69/100 and a GF Value™ of MXN449.22 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,815 Software companies, GDS Holdings ranks worse than 72.18% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. GDS Holdings's Free Cash Flow for the three months ended in Mar. 2026 was MXN-843 Mil. GDS Holdings's Revenue for the three months ended in Mar. 2026 was MXN8,810 Mil. Therefore, GDS Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was -9.57%.

As of today, GDS Holdings's current FCF Yield % is -3.41%.

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

MEX:GDSN' s FCF Margin % Range Over the Past 10 Years
Min: -157.59   Med: -108.38   Max: -11.61
Current: -11.81


During the past 12 years, the highest FCF Margin % of GDS Holdings was -11.61%. The lowest was -157.59%. And the median was -108.38%.

MEX:GDSN's FCF Margin % is ranked worse than
72.18% of 2815 companies
in the Software industry
Industry Median: 2.41 vs MEX:GDSN: -11.81


GDS Holdings FCF Margin % Related Terms


GDS Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for GDS 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.

GDS Holdings FCF Margin % Chart

GDS Holdings 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 -111.00 -57.66 -13.91 -12.75 -11.61

GDS Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.42 -13.78 -23.74 -0.46 -9.57

MEX:GDSN vs INGM, PSN, G: FCF Margin % Comparison

For the Information Technology Services subindustry, GDS 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.


GDS Holdings FCF Margin % vs Software Industry

For the Software industry and Technology sector, GDS Holdings's FCF Margin % distribution charts can be found below:

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


MEX:GDSN
69GF Score
GDS Holdings Ltd MEX:GDSN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GDS Holdings FCF Margin % Calculation

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

GDS 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 )
=-3394.58/29226.218
=-11.61 %

GDS Holdings's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-843.417/8809.78
=-9.57 %

* 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 -9.57% mean?
GDS Holdings (MEX:GDSN) has a FCF Margin % of -9.57% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GDS Holdings and its competitors. According to the industry distribution chart, GDS Holdings ranks #2032 out of 2815 companies in the Software industry, placing it in the top 72.2%.
Is GDS Holdings' FCF Margin % too high?
GDS Holdings' current FCF Margin % is -9.57%. Based on the distribution chart, GDS Holdings ranks #2032 out of 2815 companies in the Software industry, which is below the industry midpoint. Overall, GDS Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' FCF Margin % compare to INGM and PSN?
According to the Software industry distribution chart, GDS Holdings ranks #2032 out of 2815 companies for FCF Margin %. This places GDS Holdings in the lower half of its industry. The industry median FCF Margin % is 2.41. 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 Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 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. 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 GDS Holdings and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDS Holdings's current FCF Margin % is -9.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (MEX:GDSN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN449.22, compared to a current price of MXN618.00 — trading 37.6% above its estimated fair value. The current FCF Margin % is -9.57%. GDS Holdings' overall GF Score™ is 69/100 with 5 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 GDS Holdings (MEX:GDSN), the current FCF Margin % is -9.57% as of Mar. 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 GDS Holdings (MEX:GDSN) Overvalued in 2026?

Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued. The current stock price of MXN618.00 is trading 37.6% above its estimated GF Value™ of MXN449.22. GuruFocus considers GDS Holdings to be Significantly Overvalued.

Key valuation signals for MEX:GDSN:

  • FCF Margin %: -9.57%
  • GF Value™: MXN449.22 vs. price of MXN618.00 (37.6% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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


GDS Holdings Business Description

Address No. 999 Zhouhai Road, F4/F5, Building C, Sunland International, Pudong, Shanghai, CHN, 200137
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
69GF Score

Get the complete analysis for MEX:GDSN

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

MXN618.00
Price
MXN449.22
GF Value