TSRC (TPE:2103) FCF Margin %: -2.33% (As of Jun. 2026)

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TPE:2103 TSRC Corp TPE:2103
68 GF Score
Price NT$27.75
GF Value NT$23.48
Valuation Modestly Overvalued
! 10 Warning Signs
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What is TSRC FCF Margin %?

TSRC TPE:2103 -1.60% 68 FCF Margin % is -2.33% as of Jun. 2026. GuruFocus rates TPE:2103 with a GF Score™ of 68/100 and a GF Value™ of NT$23.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,582 Chemicals companies, TSRC ranks worse than 69.34% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. TSRC's Free Cash Flow for the three months ended in Jun. 2026 was NT$-276 Mil. TSRC's Revenue for the three months ended in Jun. 2026 was NT$11,881 Mil. Therefore, TSRC's FCF Margin % for the quarter that ended in Jun. 2026 was -2.33%.

As of today, TSRC's current FCF Yield % is -6.02%.

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

TPE:2103' s FCF Margin % Range Over the Past 10 Years
Min: -6.19   Med: 2.55   Max: 5.66
Current: -3.52


During the past 13 years, the highest FCF Margin % of TSRC was 5.66%. The lowest was -6.19%. And the median was 2.55%.

TPE:2103's FCF Margin % is ranked worse than
69.34% of 1582 companies
in the Chemicals industry
Industry Median: 2.055 vs TPE:2103: -3.52


TSRC FCF Margin % Related Terms


TSRC FCF Margin % Historical Data

* Premium members only.

The historical data trend for TSRC'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.

TSRC FCF Margin % Chart

TSRC 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 5.66 4.44 3.45 -6.19 0.99

TSRC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 25.98 -2.28 0.33 -9.05 -2.33

TPE:2103 vs LIN, SHW, ECL: FCF Margin % Comparison

For the Specialty Chemicals subindustry, TSRC'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.


TSRC FCF Margin % vs Chemicals Industry

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

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


TPE:2103
68GF Score
TSRC Corp TPE:2103
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSRC FCF Margin % Calculation

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

TSRC'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 )
=362.483/36472.948
=0.99 %

TSRC's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-276.29/11881.201
=-2.33 %

* 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 -2.33% mean?
TSRC (TPE:2103) has a FCF Margin % of -2.33% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on TSRC and its competitors. According to the industry distribution chart, TSRC ranks #1097 out of 1582 companies in the Chemicals industry, placing it in the top 69.3%.
Is TSRC's FCF Margin % too high?
TSRC's current FCF Margin % is -2.33%. Based on the distribution chart, TSRC ranks #1097 out of 1582 companies in the Chemicals industry, which is below the industry midpoint. Overall, TSRC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSRC's FCF Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, TSRC ranks #1097 out of 1582 companies for FCF Margin %. This places TSRC in the lower half of its industry. The industry median FCF Margin % is 2.06. 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 Chemicals company?
The median FCF Margin % among Chemicals companies is 2.06, based on 1,582 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. 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 TSRC and its competitors. For the Chemicals industry, the median FCF Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSRC's current FCF Margin % is -2.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSRC stock overvalued right now?
Based on GuruFocus' analysis, TSRC (TPE:2103) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.48, compared to a current price of NT$27.75 — trading 18.2% above its estimated fair value. The current FCF Margin % is -2.33%. TSRC's overall GF Score™ is 68/100 with 10 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 TSRC (TPE:2103), the current FCF Margin % is -2.33% as of Jun. 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 TSRC (TPE:2103) Overvalued in 2026?

Based on GuruFocus' analysis, TSRC stock appears to be overvalued. The current stock price of NT$27.75 is trading 18.2% above its estimated GF Value™ of NT$23.48. GuruFocus considers TSRC to be Modestly Overvalued.

Key valuation signals for TPE:2103:

  • FCF Margin %: -2.33%
  • GF Value™: NT$23.48 vs. price of NT$27.75 (18.2% above fair value)
  • GF Score™: 68/100 with 10 warning signs

No single metric tells the full story. See the TPE:2103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSRC Business Description

Address No. 2, Singgong Road, Dashe District, Kaohsiung, TWN
TSRC Corporation is a rubber manufacturer based out of Taiwan. The company offers tire products globally, with Asian markets accounting for the majority of the company's sales. Product offerings are divided into the Synthetic Rubber business and Applied polymer business. Under the Synthetic Rubber business, tires are built to improve abrasion resistance and provide low rolling resistance and wet grip resistance. Consumers of TSRC Corp tire products depend on products to deliver reduced fuel consumption and meet a host of regulations and environmental conditions. Products under the Applied Polymers business are often used in high-grade shoe soles, asphalt modification, plastic modification, adhesives, and other end markets. Its geographical segments are Asia, America, Europe, and Others.
68GF Score

Get the complete analysis for TPE:2103

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

NT$27.75
Price
NT$23.48
GF Value