First Sponsor Group (SGX:ADN) FCF Margin %: 46.11% (As of Dec. 2025) — 281% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:ADN First Sponsor Group Ltd SGX:ADN
69 GF Score
Price S$1.00
GF Value S$1.08
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is First Sponsor Group FCF Margin %?

First Sponsor Group SGX:ADN 69 FCF Margin % is 46.11% as of Dec. 2025, which is 281% above its 10-year median of 12.09. GuruFocus rates SGX:ADN with a GF Score™ of 69/100 and a GF Value™ of S$1.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,751 Real Estate companies, First Sponsor Group ranks better than 60.08% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. First Sponsor Group's Free Cash Flow for the six months ended in Dec. 2025 was S$63.5 Mil. First Sponsor Group's Revenue for the six months ended in Dec. 2025 was S$137.8 Mil. Therefore, First Sponsor Group's FCF Margin % for the quarter that ended in Dec. 2025 was 46.11%.

As of today, First Sponsor Group's current FCF Yield % is 4.18%.

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

SGX:ADN' s FCF Margin % Range Over the Past 10 Years
Min: -152.54   Med: 12.09   Max: 75.19
Current: 16.18


During the past 13 years, the highest FCF Margin % of First Sponsor Group was 75.19%. The lowest was -152.54%. And the median was 12.09%.

SGX:ADN's FCF Margin % is ranked better than
60.08% of 1751 companies
in the Real Estate industry
Industry Median: 6.34 vs SGX:ADN: 16.18


First Sponsor Group FCF Margin % Related Terms


First Sponsor Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for First Sponsor Group'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.

First Sponsor Group FCF Margin % Chart

First Sponsor Group 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 -27.29 63.92 -152.54 4.38 16.18

First Sponsor Group 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 -122.15 -9.31 20.73 -10.62 46.11

First Sponsor Group FCF Margin % Competitor Comparison

For the Real Estate - Development subindustry, First Sponsor Group'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 Sponsor Group FCF Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's FCF Margin % distribution charts can be found below:

* The bar in red indicates where First Sponsor Group's FCF Margin % falls into.


SGX:ADN
69GF Score
First Sponsor Group Ltd SGX:ADN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Sponsor Group FCF Margin % Calculation

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

First Sponsor Group'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 )
=47.196/291.714
=16.18 %

First Sponsor Group'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 )
=63.546/137.825
=46.11 %

* 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 46.11% mean?
First Sponsor Group (SGX:ADN) has a FCF Margin % of 46.11% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on First Sponsor Group and its competitors. This is 281% above median its historical median of 12.09. According to the industry distribution chart, First Sponsor Group ranks #699 out of 1751 companies in the Real Estate industry, placing it in the top 39.9%.
Is First Sponsor Group's FCF Margin % too high?
First Sponsor Group's current FCF Margin % of 46.11% is 281% above median its 10-year median of 12.09. The Real Estate industry median FCF Margin % is 6.34. First Sponsor Group's value of 46.11% is 627.3% above this industry median. Based on the distribution chart, First Sponsor Group ranks #699 out of 1751 companies in the Real Estate industry, which is above the industry midpoint. Overall, First Sponsor Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Sponsor Group's FCF Margin % compare to competitors?
According to the Real Estate industry distribution chart, First Sponsor Group ranks #699 out of 1751 companies for FCF Margin %. This puts First Sponsor Group in the upper half of its industry. The industry median FCF Margin % is 6.34. First Sponsor Group's value of 46.11% is 627.3% above this benchmark. While the company's 10-year median is 12.09 vs. the industry median of 6.34, First Sponsor Group 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 Real Estate company?
The median FCF Margin % among Real Estate companies is 6.34, based on 1,751 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 Sponsor Group's current FCF Margin % of 46.11% is 627.3% 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 Sponsor Group and its competitors. For the Real Estate industry, the median FCF Margin % is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Sponsor Group's current FCF Margin % is 46.11%, which is 281% above median its own 10-year median of 12.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Sponsor Group stock overvalued right now?
Based on GuruFocus' analysis, First Sponsor Group (SGX:ADN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.08, compared to a current price of S$1.00 — trading 7.4% below its estimated fair value. The current FCF Margin % is 46.11%, which is 281% above median its 10-year median of 12.09 and 627.3% above the Real Estate industry median of 6.34. First Sponsor Group's overall GF Score™ is 69/100 with 6 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 Sponsor Group (SGX:ADN), the current FCF Margin % is 46.11% 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 Sponsor Group (SGX:ADN) Overvalued in 2026?

Based on GuruFocus' analysis, First Sponsor Group stock appears to be undervalued. The current stock price of S$1.00 is trading 7.4% below its estimated GF Value™ of S$1.08. GuruFocus considers First Sponsor Group to be Fairly Valued.

Key valuation signals for SGX:ADN:

  • FCF Margin %: 46.11% (281% above median its 10-year median of 12.09)
  • GF Value™: S$1.08 vs. price of S$1.00 (7.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 627.3% above the Real Estate median (#699 of 1751)

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


First Sponsor Group Business Description

Address 19 Lorong Telok, Singapore, SGP, 049031
First Sponsor Group Ltd is an investment holding company. The principal activities of the company are investment holding, property development and sales, property investment, hotel ownership and operations, and provision of property financing services. The Hotel operations segment includes hotels and hot spring owners. The property development segment includes the development and/or purchase of properties for sale. The property investment segment includes the development and/or purchase of investment properties (including hotels) for rental income. The property financing segment includes the provision of non-pro rata interest-bearing loans to associates and joint ventures, provision of interest-bearing loans to third parties. Key revenue is derived from Property development.
69GF Score

Get the complete analysis for SGX:ADN

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

S$1.00
Price
S$1.08
GF Value