Steppe Cement (STU:ST9) FCF Margin %: 17.38% (As of Dec. 2025) — 28% Above Median


STU:ST9 Steppe Cement Ltd STU:ST9
53 GF Score
Price €0.21
GF Value €0.20
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Steppe Cement FCF Margin %?

Steppe Cement STU:ST9 +5.05% 53 FCF Margin % is 17.38% as of Dec. 2025, which is 28% above its 10-year median of 13.56. GuruFocus rates STU:ST9 with a GF Score™ of 53/100 and a GF Value™ of €0.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 403 Building Materials companies, Steppe Cement ranks better than 81.14% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Steppe Cement's Free Cash Flow for the six months ended in Dec. 2025 was €9.00 Mil. Steppe Cement's Revenue for the six months ended in Dec. 2025 was €51.75 Mil. Therefore, Steppe Cement's FCF Margin % for the quarter that ended in Dec. 2025 was 17.38%.

As of today, Steppe Cement's current FCF Yield % is 20.88%.

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

STU:ST9' s FCF Margin % Range Over the Past 10 Years
Min: 3.11   Med: 13.56   Max: 22.34
Current: 11.8


During the past 13 years, the highest FCF Margin % of Steppe Cement was 22.34%. The lowest was 3.11%. And the median was 13.56%.

STU:ST9's FCF Margin % is ranked better than
81.14% of 403 companies
in the Building Materials industry
Industry Median: 3.83 vs STU:ST9: 11.80


Steppe Cement FCF Margin % Related Terms


Steppe Cement FCF Margin % Historical Data

* Premium members only.

The historical data trend for Steppe Cement'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.

Steppe Cement FCF Margin % Chart

Steppe Cement 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 15.26 6.93 3.11 11.34 11.85

Steppe Cement 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 0.22 -5.89 23.06 3.67 17.38

STU:ST9 vs CRH, VMC, MLM: FCF Margin % Comparison

For the Building Materials subindustry, Steppe Cement'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.


Steppe Cement FCF Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Steppe Cement's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Steppe Cement's FCF Margin % falls into.


STU:ST9
53GF Score
Steppe Cement Ltd STU:ST9
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steppe Cement FCF Margin % Calculation

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

Steppe Cement'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 )
=10.279/86.719
=11.85 %

Steppe Cement'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 )
=8.995/51.75
=17.38 %

* 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 17.38% mean?
Steppe Cement (STU:ST9) has a FCF Margin % of 17.38% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Steppe Cement and its competitors. This is 28% above median its historical median of 13.56. Over the past decade, Steppe Cement's FCF Margin % has ranged from 3.11 to 22.34. According to the industry distribution chart, Steppe Cement ranks #76 out of 403 companies in the Building Materials industry, placing it in the top 18.9%.
Is Steppe Cement's FCF Margin % too high?
Steppe Cement's current FCF Margin % of 17.38% is 28% above median its 10-year median of 13.56. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 22.34. The Building Materials industry median FCF Margin % is 3.83. Steppe Cement's value of 17.38% is 353.8% above this industry median. Based on the distribution chart, Steppe Cement ranks #76 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Steppe Cement has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's FCF Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Steppe Cement ranks #76 out of 403 companies for FCF Margin %. This places Steppe Cement in the top 19% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.83. Steppe Cement's value of 17.38% is 353.8% above this benchmark. Historically, Steppe Cement's own FCF Margin % has ranged from 3.11 to 22.34 over the past decade. While the company's 10-year median is 13.56 vs. the industry median of 3.83, Steppe Cement 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 Building Materials company?
The median FCF Margin % among Building Materials companies is 3.83, based on 403 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. Steppe Cement's current FCF Margin % of 17.38% is 353.8% 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 Steppe Cement and its competitors. For the Building Materials industry, the median FCF Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steppe Cement's current FCF Margin % is 17.38%, which is 28% above median its own 10-year median of 13.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Cement stock overvalued right now?
Based on GuruFocus' analysis, Steppe Cement (STU:ST9) is currently considered Fairly Valued. The stock's GF Value™ is €0.20, compared to a current price of €0.21 — trading 4% above its estimated fair value. The current FCF Margin % is 17.38%, which is 28% above median its 10-year median of 13.56 and 353.8% above the Building Materials industry median of 3.83. Steppe Cement's overall GF Score™ is 53/100 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 Steppe Cement (STU:ST9), the current FCF Margin % is 17.38% 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 Steppe Cement (STU:ST9) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Cement stock appears to be overvalued. The current stock price of €0.21 is trading 4% above its estimated GF Value™ of €0.20. GuruFocus considers Steppe Cement to be Fairly Valued.

Key valuation signals for STU:ST9:

  • FCF Margin %: 17.38% (28% above median its 10-year median of 13.56)
  • GF Value™: €0.20 vs. price of €0.21 (4% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 353.8% above the Building Materials median (#76 of 403)

No single metric tells the full story. See the STU:ST9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steppe Cement Business Description

Other Exchanges STCM:UK
Address No. 8, Jalan Perak, West Wing, Suite 10.1, 10th Floor, Rohas Perkasa, Kuala Lumpur, MYS, 50450
Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. The company derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.
53GF Score

Get the complete analysis for STU:ST9

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

€0.21
Price
€0.20
GF Value