North Electro-Optic Co (SHSE:600184) FCF Margin %: 34.59% (As of Mar. 2026)


SHSE:600184 North Electro-Optic Co Ltd SHSE:600184
55 GF Score
Price ¥25.83
GF Value ¥13.33
Valuation Significantly Overvalued
! 9 Warning Signs
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What is North Electro-Optic Co FCF Margin %?

North Electro-Optic Co SHSE:600184 -10.00% 55 FCF Margin % is 34.59% as of Mar. 2026. GuruFocus rates SHSE:600184 with a GF Score™ of 55/100 and a GF Value™ of ¥13.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 348 Aerospace & Defense companies, North Electro-Optic Co ranks worse than 74.43% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. North Electro-Optic Co's Free Cash Flow for the three months ended in Mar. 2026 was ¥109 Mil. North Electro-Optic Co's Revenue for the three months ended in Mar. 2026 was ¥315 Mil. Therefore, North Electro-Optic Co's FCF Margin % for the quarter that ended in Mar. 2026 was 34.59%.

As of today, North Electro-Optic Co's current FCF Yield % is -2.69%.

The historical rank and industry rank for North Electro-Optic Co's FCF Margin % or its related term are showing as below:

SHSE:600184' s FCF Margin % Range Over the Past 10 Years
Min: -27.14   Med: -8.73   Max: 35.52
Current: -16.53


During the past 13 years, the highest FCF Margin % of North Electro-Optic Co was 35.52%. The lowest was -27.14%. And the median was -8.73%.

SHSE:600184's FCF Margin % is ranked worse than
74.43% of 348 companies
in the Aerospace & Defense industry
Industry Median: 0.645 vs SHSE:600184: -16.53


North Electro-Optic Co FCF Margin % Related Terms


North Electro-Optic Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for North Electro-Optic 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.

North Electro-Optic Co FCF Margin % Chart

North Electro-Optic 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 -9.55 -21.89 -24.75 -7.91 -22.30

North Electro-Optic Co 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 -10.01 -33.15 -25.77 -18.24 34.59

SHSE:600184 vs SPCX, GE, RTX: FCF Margin % Comparison

For the Aerospace & Defense subindustry, North Electro-Optic 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.


North Electro-Optic Co FCF Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, North Electro-Optic Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where North Electro-Optic Co's FCF Margin % falls into.


SHSE:600184
55GF Score
North Electro-Optic Co Ltd SHSE:600184
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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North Electro-Optic Co FCF Margin % Calculation

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

North Electro-Optic 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 )
=-544.417/2441.018
=-22.30 %

North Electro-Optic Co'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 )
=108.86/314.711
=34.59 %

* 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 34.59% mean?
North Electro-Optic Co (SHSE:600184) has a FCF Margin % of 34.59% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on North Electro-Optic Co and its competitors. According to the industry distribution chart, North Electro-Optic Co ranks #259 out of 348 companies in the Aerospace & Defense industry, placing it in the top 74.4%.
Is North Electro-Optic Co's FCF Margin % too high?
North Electro-Optic Co's current FCF Margin % is 34.59%. The Aerospace & Defense industry median FCF Margin % is 0.65. North Electro-Optic Co's value of 34.59% is 5262.8% above this industry median. Based on the distribution chart, North Electro-Optic Co ranks #259 out of 348 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, North Electro-Optic Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's FCF Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, North Electro-Optic Co ranks #259 out of 348 companies for FCF Margin %. This places North Electro-Optic Co in the lower half of its industry. The industry median FCF Margin % is 0.65. North Electro-Optic Co's value of 34.59% is 5262.8% above this benchmark. 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 an Aerospace & Defense company?
The median FCF Margin % among Aerospace & Defense companies is 0.65, based on 348 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. North Electro-Optic Co's current FCF Margin % of 34.59% is 5262.8% 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 North Electro-Optic Co and its competitors. For the Aerospace & Defense industry, the median FCF Margin % is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Electro-Optic Co's current FCF Margin % is 34.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.33, compared to a current price of ¥25.83 — trading 93.8% above its estimated fair value. The current FCF Margin % is 34.59% and 5262.8% above the Aerospace & Defense industry median of 0.65. North Electro-Optic Co's overall GF Score™ is 55/100 with 9 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 North Electro-Optic Co (SHSE:600184), the current FCF Margin % is 34.59% 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 North Electro-Optic Co (SHSE:600184) Overvalued in 2026?

Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued. The current stock price of ¥25.83 is trading 93.8% above its estimated GF Value™ of ¥13.33. GuruFocus considers North Electro-Optic Co to be Significantly Overvalued.

Key valuation signals for SHSE:600184:

  • FCF Margin %: 34.59%
  • GF Value™: ¥13.33 vs. price of ¥25.83 (93.8% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 5262.8% above the Aerospace & Defense median (#259 of 348)

No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North Electro-Optic Co Business Description

Address 67 Changhong Beilu, Xiangfan, Hubei, CHN, 441057
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
55GF Score

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

¥25.83
Price
¥13.33
GF Value