Te Chang (ROCO:5511) FCF Margin %: 31.41% (As of Dec. 2025) — 227% Above Median

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ROCO:5511 Te Chang ROCO:5511
87 GF Score
Price NT$69.10
GF Value NT$62.60
Valuation Fairly Valued
! 5 Warning Signs
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What is Te Chang FCF Margin %?

Te Chang ROCO:5511 +1.77% 87 FCF Margin % is 31.41% as of Dec. 2025, which is 227% above its 10-year median of 9.61. GuruFocus rates ROCO:5511 with a GF Score™ of 87/100 and a GF Value™ of NT$62.60 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,767 Construction companies, Te Chang ranks better than 83.59% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Te Chang's Free Cash Flow for the three months ended in Dec. 2025 was NT$1,085 Mil. Te Chang's Revenue for the three months ended in Dec. 2025 was NT$3,456 Mil. Therefore, Te Chang's FCF Margin % for the quarter that ended in Dec. 2025 was 31.41%.

As of today, Te Chang's current FCF Yield % is 16.06%.

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

ROCO:5511' s FCF Margin % Range Over the Past 10 Years
Min: -59.45   Med: 9.61   Max: 34.07
Current: 13.62


During the past 13 years, the highest FCF Margin % of Te Chang was 34.07%. The lowest was -59.45%. And the median was 9.61%.

ROCO:5511's FCF Margin % is ranked better than
83.59% of 1767 companies
in the Construction industry
Industry Median: 2.6 vs ROCO:5511: 13.62


Te Chang FCF Margin % Related Terms


Te Chang FCF Margin % Historical Data

* Premium members only.

The historical data trend for Te Chang'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.

Te Chang FCF Margin % Chart

Te Chang 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 -1.81 4.79 8.03 11.19 13.62

Te Chang 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 34.54 1.10 4.79 9.06 31.41

ROCO:5511 vs PWR, FIX, EME: FCF Margin % Comparison

For the Engineering & Construction subindustry, Te Chang'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.


Te Chang FCF Margin % vs Construction Industry

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

* The bar in red indicates where Te Chang's FCF Margin % falls into.


ROCO:5511
87GF Score
Te Chang ROCO:5511
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Te Chang FCF Margin % Calculation

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

Te Chang'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 )
=1509.262/11083.709
=13.62 %

Te Chang'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 )
=1085.426/3456.09
=31.41 %

* 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 31.41% mean?
Te Chang (ROCO:5511) has a FCF Margin % of 31.41% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Te Chang and its competitors. This is 227% above median its historical median of 9.61. According to the industry distribution chart, Te Chang ranks #290 out of 1767 companies in the Construction industry, placing it in the top 16.4%.
Is Te Chang's FCF Margin % too high?
Te Chang's current FCF Margin % of 31.41% is 227% above median its 10-year median of 9.61. The Construction industry median FCF Margin % is 2.60. Te Chang's value of 31.41% is 1108.1% above this industry median. Based on the distribution chart, Te Chang ranks #290 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Te Chang has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's FCF Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Te Chang ranks #290 out of 1767 companies for FCF Margin %. This places Te Chang in the top 16% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.60. Te Chang's value of 31.41% is 1108.1% above this benchmark. While the company's 10-year median is 9.61 vs. the industry median of 2.60, Te Chang 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 Construction company?
The median FCF Margin % among Construction companies is 2.60, based on 1,767 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. Te Chang's current FCF Margin % of 31.41% is 1108.1% 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 Te Chang and its competitors. For the Construction industry, the median FCF Margin % is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Te Chang's current FCF Margin % is 31.41%, which is 227% above median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.60, compared to a current price of NT$69.10 — trading 10.4% above its estimated fair value. The current FCF Margin % is 31.41%, which is 227% above median its 10-year median of 9.61 and 1108.1% above the Construction industry median of 2.60. Te Chang's overall GF Score™ is 87/100 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 Te Chang (ROCO:5511), the current FCF Margin % is 31.41% 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 Te Chang (ROCO:5511) Overvalued in 2026?

Based on GuruFocus' analysis, Te Chang stock appears to be overvalued. The current stock price of NT$69.10 is trading 10.4% above its estimated GF Value™ of NT$62.60. GuruFocus considers Te Chang to be Fairly Valued.

Key valuation signals for ROCO:5511:

  • FCF Margin %: 31.41% (227% above median its 10-year median of 9.61)
  • GF Value™: NT$62.60 vs. price of NT$69.10 (10.4% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 1108.1% above the Construction median (#290 of 1767)

No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Te Chang Business Description

Address Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
87GF Score

Get the complete analysis for ROCO:5511

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

NT$69.10
Price
NT$62.60
GF Value