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.
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.
Hey-SongTPE:1234 +1.04%69 FCF Margin % is 8.58% as of Dec. 2025, which is 97% above its 10-year median of 4.35. GuruFocus rates TPE:1234 with a GF Score™ of 69/100 and a GF Value™ of NT$36.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Hey-Song ranks worse than 78.45% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Hey-Song's Free Cash Flow for the
three
months ended in Dec. 2025 was NT$189 Mil. Hey-Song's Revenue for the
three
months ended in Dec. 2025 was NT$2,202 Mil. Therefore, Hey-Song's FCF Margin % for the quarter that ended in Dec. 2025 was 8.58%.
The historical rank and industry rank for Hey-Song's FCF Margin % or its related term are showing as below:
TPE:1234'
s FCF Margin % Range Over the Past 10 Years
Min: -20.91 Med: 4.35 Max: 13.46
Current: -1.85
During the past 13 years, the highest FCF Margin % of Hey-Song was 13.46%. The lowest was -20.91%. And the median was 4.35%.
TPE:1234's FCF Margin % is ranked worse than 78.45% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.365
vs TPE:1234: -1.85
Hey-Song FCF Margin % Related Terms
Hey-Song FCF Margin % Historical Data
* Premium members only.
The historical data trend for Hey-Song'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.
TPE:1234 vs KO, PEP, MNST: FCF Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Hey-Song'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.
Hey-Song FCF Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hey-Song's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Hey-Song's FCF Margin % falls into.
* 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.
Hey-Song (TPE:1234) has a FCF Margin % of 8.58% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hey-Song and its competitors. This is 97% above median its historical median of 4.35. According to the industry distribution chart, Hey-Song ranks #91 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 78.4%.
Is Hey-Song's FCF Margin % too high?
Hey-Song's current FCF Margin % of 8.58% is 97% above median its 10-year median of 4.35. The Beverages - Non-Alcoholic industry median FCF Margin % is 5.37. Hey-Song's value of 8.58% is 59.9% above this industry median. Based on the distribution chart, Hey-Song ranks #91 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Hey-Song has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hey-Song's FCF Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Hey-Song ranks #91 out of 116 companies for FCF Margin %. This places Hey-Song in the lower half of its industry. The industry median FCF Margin % is 5.37. Hey-Song's value of 8.58% is 59.9% above this benchmark. While the company's 10-year median is 4.35 vs. the industry median of 5.37, Hey-Song 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 Beverages - Non-Alcoholic company?
The median FCF Margin % among Beverages - Non-Alcoholic companies is 5.37, based on 116 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. Hey-Song's current FCF Margin % of 8.58% is 59.9% 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 Hey-Song and its competitors. For the Beverages - Non-Alcoholic industry, the median FCF Margin % is 5.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hey-Song's current FCF Margin % is 8.58%, which is 97% above median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hey-Song stock overvalued right now?
Based on GuruFocus' analysis, Hey-Song (TPE:1234) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.99, compared to a current price of NT$34.00 — trading 8.1% below its estimated fair value. The current FCF Margin % is 8.58%, which is 97% above median its 10-year median of 4.35 and 59.9% above the Beverages - Non-Alcoholic industry median of 5.37. Hey-Song's overall GF Score™ is 69/100 with 8 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 Hey-Song (TPE:1234), the current FCF Margin % is 8.58% 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 Hey-Song (TPE:1234) Overvalued in 2026?
Based on GuruFocus' analysis, Hey-Song stock appears to be undervalued.
The current stock price of NT$34.00 is trading 8.1% below its estimated GF Value™ of NT$36.99.
GuruFocus considers Hey-Song to be Fairly Valued.
Key valuation signals for TPE:1234:
FCF Margin %: 8.58% (97% above median its 10-year median of 4.35)
GF Value™: NT$36.99 vs. price of NT$34.00 (8.1% below fair value)
Industry Position: 59.9% above the Beverages - Non-Alcoholic median (#91 of 116)
No single metric tells the full story. See the TPE:1234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.
69GF Score
Get the complete analysis for TPE:1234
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1234 has been successfully added to your 
