TSG Development Co (ROCO:3521) FCF Margin %: -56.61% (As of Dec. 2025)


ROCO:3521 TSG Development Co Ltd ROCO:3521
58 GF Score
Price NT$12.10
GF Value NT$10.12
Valuation Modestly Overvalued
! 2 Warning Signs
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What is TSG Development Co FCF Margin %?

TSG Development Co ROCO:3521 +0.41% 58 FCF Margin % is -56.61% as of Dec. 2025. GuruFocus rates ROCO:3521 with a GF Score™ of 58/100 and a GF Value™ of NT$10.12 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,765 Construction companies, TSG Development Co ranks better than 94.45% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. TSG Development Co's Free Cash Flow for the three months ended in Dec. 2025 was NT$-6.3 Mil. TSG Development Co's Revenue for the three months ended in Dec. 2025 was NT$11.2 Mil. Therefore, TSG Development Co's FCF Margin % for the quarter that ended in Dec. 2025 was -56.61%.

As of today, TSG Development Co's current FCF Yield % is 3.11%.

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

ROCO:3521' s FCF Margin % Range Over the Past 10 Years
Min: -84.15   Med: -11.04   Max: 34.2
Current: 28.34


During the past 13 years, the highest FCF Margin % of TSG Development Co was 34.20%. The lowest was -84.15%. And the median was -11.04%.

ROCO:3521's FCF Margin % is ranked better than
94.45% of 1765 companies
in the Construction industry
Industry Median: 2.64 vs ROCO:3521: 28.34


TSG Development Co FCF Margin % Related Terms


TSG Development Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for TSG Development 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.

TSG Development Co FCF Margin % Chart

TSG Development Co 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 -55.63 -4.16 -0.91 -46.46 28.34

TSG Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -1,340.21 22.61 50.71 -53.33 -56.61

ROCO:3521 vs PWR, FIX, EME: FCF Margin % Comparison

For the Engineering & Construction subindustry, TSG Development 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.


TSG Development Co FCF Margin % vs Construction Industry

For the Construction industry and Industrials sector, TSG Development Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where TSG Development Co's FCF Margin % falls into.


ROCO:3521
58GF Score
TSG Development Co Ltd ROCO:3521
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSG Development Co FCF Margin % Calculation

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

TSG Development Co'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 )
=69.941/246.806
=28.34 %

TSG Development Co'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 )
=-6.328/11.179
=-56.61 %

* 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 -56.61% mean?
TSG Development Co (ROCO:3521) has a FCF Margin % of -56.61% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on TSG Development Co and its competitors. According to the industry distribution chart, TSG Development Co ranks #98 out of 1765 companies in the Construction industry, placing it in the top 5.6%.
Is TSG Development Co's FCF Margin % too high?
TSG Development Co's current FCF Margin % is -56.61%. Based on the distribution chart, TSG Development Co ranks #98 out of 1765 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TSG Development Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's FCF Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, TSG Development Co ranks #98 out of 1765 companies for FCF Margin %. This places TSG Development Co in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.64. 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 Construction company?
The median FCF Margin % among Construction companies is 2.64, based on 1,765 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 TSG Development Co and its competitors. For the Construction industry, the median FCF Margin % is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSG Development Co's current FCF Margin % is -56.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.12, compared to a current price of NT$12.10 — trading 19.6% above its estimated fair value. The current FCF Margin % is -56.61%. TSG Development Co's overall GF Score™ is 58/100 with 2 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 TSG Development Co (ROCO:3521), the current FCF Margin % is -56.61% 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 TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$12.10 is trading 19.6% above its estimated GF Value™ of NT$10.12. GuruFocus considers TSG Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3521:

  • FCF Margin %: -56.61%
  • GF Value™: NT$10.12 vs. price of NT$12.10 (19.6% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
58GF Score

Get the complete analysis for ROCO:3521

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

NT$12.10
Price
NT$10.12
GF Value