GigaDevice Semiconductor (SHSE:603986) FCF Margin %: 34.77% (As of Mar. 2026) — 141% Above Median

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SHSE:603986 GigaDevice Semiconductor Inc SHSE:603986
83 GF Score
Price ¥378.60
GF Value ¥254.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GigaDevice Semiconductor FCF Margin %?

GigaDevice Semiconductor SHSE:603986 +2.02% 83 FCF Margin % is 34.77% as of Mar. 2026, which is 141% above its 10-year median of 14.45. GuruFocus rates SHSE:603986 with a GF Score™ of 83/100 and a GF Value™ of ¥254.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,022 Semiconductors companies, GigaDevice Semiconductor ranks better than 89.24% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. GigaDevice Semiconductor's Free Cash Flow for the three months ended in Mar. 2026 was ¥1,456 Mil. GigaDevice Semiconductor's Revenue for the three months ended in Mar. 2026 was ¥4,188 Mil. Therefore, GigaDevice Semiconductor's FCF Margin % for the quarter that ended in Mar. 2026 was 34.77%.

As of today, GigaDevice Semiconductor's current FCF Yield % is 0.91%.

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

SHSE:603986' s FCF Margin % Range Over the Past 10 Years
Min: -1.75   Med: 14.45   Max: 21.56
Current: 21.09


During the past 13 years, the highest FCF Margin % of GigaDevice Semiconductor was 21.56%. The lowest was -1.75%. And the median was 14.45%.

SHSE:603986's FCF Margin % is ranked better than
89.24% of 1022 companies
in the Semiconductors industry
Industry Median: -1.085 vs SHSE:603986: 21.09


GigaDevice Semiconductor FCF Margin % Related Terms


GigaDevice Semiconductor FCF Margin % Historical Data

* Premium members only.

The historical data trend for GigaDevice Semiconductor'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.

GigaDevice Semiconductor FCF Margin % Chart

GigaDevice Semiconductor 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 19.27 4.91 14.55 20.84 11.73

GigaDevice Semiconductor 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 6.00 19.22 19.96 -0.03 34.77

SHSE:603986 vs NVDA, AVGO, MU: FCF Margin % Comparison

For the Semiconductors subindustry, GigaDevice Semiconductor'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.


GigaDevice Semiconductor FCF Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's FCF Margin % distribution charts can be found below:

* The bar in red indicates where GigaDevice Semiconductor's FCF Margin % falls into.


SHSE:603986
83GF Score
GigaDevice Semiconductor Inc SHSE:603986
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GigaDevice Semiconductor FCF Margin % Calculation

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

GigaDevice Semiconductor'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 )
=1079.94/9203.463
=11.73 %

GigaDevice Semiconductor'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 )
=1456.014/4188.076
=34.77 %

* 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 34.77% mean?
GigaDevice Semiconductor (SHSE:603986) has a FCF Margin % of 34.77% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on GigaDevice Semiconductor and its competitors. This is 141% above median its historical median of 14.45. According to the industry distribution chart, GigaDevice Semiconductor ranks #110 out of 1022 companies in the Semiconductors industry, placing it in the top 10.8%.
Is GigaDevice Semiconductor's FCF Margin % too high?
GigaDevice Semiconductor's current FCF Margin % of 34.77% is 141% above median its 10-year median of 14.45. Based on the distribution chart, GigaDevice Semiconductor ranks #110 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GigaDevice Semiconductor has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's FCF Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #110 out of 1022 companies for FCF Margin %. This places GigaDevice Semiconductor in the top 11% of its industry — outperforming the majority of peers. 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 Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. 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 GigaDevice Semiconductor and its competitors. GigaDevice Semiconductor's current FCF Margin % is 34.77%, which is 141% above median its own 10-year median of 14.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (SHSE:603986) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥254.18, compared to a current price of ¥378.60 — trading 48.9% above its estimated fair value. The current FCF Margin % is 34.77%, which is 141% above median its 10-year median of 14.45. GigaDevice Semiconductor's overall GF Score™ is 83/100 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 GigaDevice Semiconductor (SHSE:603986), the current FCF Margin % is 34.77% 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 GigaDevice Semiconductor (SHSE:603986) Overvalued in 2026?

Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued. The current stock price of ¥378.60 is trading 48.9% above its estimated GF Value™ of ¥254.18. GuruFocus considers GigaDevice Semiconductor to be Significantly Overvalued.

Key valuation signals for SHSE:603986:

  • FCF Margin %: 34.77% (141% above median its 10-year median of 14.45)
  • GF Value™: ¥254.18 vs. price of ¥378.60 (48.9% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GigaDevice Semiconductor Business Description

Other Exchanges 03986:Hong Kong
Address No. 9, Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
83GF Score

Get the complete analysis for SHSE:603986

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

¥378.60
Price
¥254.18
GF Value