First Capital SpAMIL:FIC -1.19%43 FCF Margin % is 18.84% as of Dec. 2025, which is 74% below its 10-year median of 73.00. GuruFocus rates MIL:FIC with a GF Score™ of 43/100 and a GF Value™ of €66.94 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 774 Capital Markets companies, First Capital SpA ranks better than 59.17% on this metric.
The historical rank and industry rank for First Capital SpA's FCF Margin % or its related term are showing as below:
MIL:FIC'
s FCF Margin % Range Over the Past 10 Years
Min: -302.45 Med: 73 Max: 1691.89
Current: 9.51
During the past 13 years, the highest FCF Margin % of First Capital SpA was 1691.89%. The lowest was -302.45%. And the median was 73.00%.
MIL:FIC's FCF Margin % is ranked better than 59.17% of 774
companies
in the Capital Markets industry
Industry Median: 1.225
vs MIL:FIC: 9.51
First Capital SpA FCF Margin % Related Terms
First Capital SpA FCF Margin % Historical Data
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The historical data trend for First Capital SpA'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 Capital Markets subindustry, First Capital SpA'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.
First Capital SpA FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, First Capital SpA's FCF Margin % distribution charts can be found below:
* The bar in red indicates where First Capital SpA'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.
First Capital SpA (MIL:FIC) has a FCF Margin % of 18.84% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Capital SpA and its competitors. This is 74% below median its historical median of 73.00. According to the industry distribution chart, First Capital SpA ranks #316 out of 774 companies in the Capital Markets industry, placing it in the top 40.8%.
Is First Capital SpA's FCF Margin % too high?
First Capital SpA's current FCF Margin % of 18.84% is 74% below median its 10-year median of 73.00. The Capital Markets industry median FCF Margin % is 1.23. First Capital SpA's value of 18.84% is 1438% above this industry median. Based on the distribution chart, First Capital SpA ranks #316 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, First Capital SpA has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First Capital SpA's FCF Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, First Capital SpA ranks #316 out of 774 companies for FCF Margin %. This puts First Capital SpA in the upper half of its industry. The industry median FCF Margin % is 1.23. First Capital SpA's value of 18.84% is 1438% above this benchmark. While the company's 10-year median is 73.00 vs. the industry median of 1.23, First Capital SpA 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 Capital Markets company?
The median FCF Margin % among Capital Markets companies is 1.23, based on 774 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. First Capital SpA's current FCF Margin % of 18.84% is 1438% 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 First Capital SpA and its competitors. For the Capital Markets industry, the median FCF Margin % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital SpA's current FCF Margin % is 18.84%, which is 74% below median its own 10-year median of 73.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital SpA stock overvalued right now?
Based on GuruFocus' analysis, First Capital SpA (MIL:FIC) is currently considered Possible Value Trap. The stock's GF Value™ is €66.94, compared to a current price of €16.60 — trading 75.2% below its estimated fair value. The current FCF Margin % is 18.84%, which is 74% below median its 10-year median of 73.00 and 1438% above the Capital Markets industry median of 1.23. First Capital SpA's overall GF Score™ is 43/100 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 First Capital SpA (MIL:FIC), the current FCF Margin % is 18.84% 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 First Capital SpA (MIL:FIC) Overvalued in 2026?
Based on GuruFocus' analysis, First Capital SpA stock appears to be undervalued.
The current stock price of €16.60 is trading 75.2% below its estimated GF Value™ of €66.94.
GuruFocus considers First Capital SpA to be Possible Value Trap.
Key valuation signals for MIL:FIC:
FCF Margin %: 18.84% (74% below median its 10-year median of 73.00)
GF Value™: €66.94 vs. price of €16.60 (75.2% below fair value)
Industry Position: 1438% above the Capital Markets median (#316 of 774)
No single metric tells the full story. See the MIL:FIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.
43GF Score
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