Tecom Co (TPE:2321) FCF Margin %: -5.34% (As of Dec. 2025)


TPE:2321 Tecom Co Ltd TPE:2321
61 GF Score
Price NT$13.90
GF Value NT$15.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tecom Co FCF Margin %?

Tecom Co TPE:2321 61 FCF Margin % is -5.34% as of Dec. 2025. GuruFocus rates TPE:2321 with a GF Score™ of 61/100 and a GF Value™ of NT$15.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,477 Hardware companies, Tecom Co ranks worse than 60.03% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Tecom Co's Free Cash Flow for the three months ended in Dec. 2025 was NT$-9.3 Mil. Tecom Co's Revenue for the three months ended in Dec. 2025 was NT$174.8 Mil. Therefore, Tecom Co's FCF Margin % for the quarter that ended in Dec. 2025 was -5.34%.

As of today, Tecom Co's current FCF Yield % is -3.76%.

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

TPE:2321' s FCF Margin % Range Over the Past 10 Years
Min: -10.35   Med: 4.21   Max: 6.89
Current: -2.14


During the past 13 years, the highest FCF Margin % of Tecom Co was 6.89%. The lowest was -10.35%. And the median was 4.21%.

TPE:2321's FCF Margin % is ranked worse than
60.03% of 2477 companies
in the Hardware industry
Industry Median: 0.63 vs TPE:2321: -2.14


Tecom Co FCF Margin % Related Terms


Tecom Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Tecom 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.

Tecom Co FCF Margin % Chart

Tecom 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 -1.77 6.72 4.80 6.89 -2.14

Tecom Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 19.25 -18.47 3.50 9.65 -5.34

TPE:2321 vs CSCO, CIEN, MSI: FCF Margin % Comparison

For the Communication Equipment subindustry, Tecom 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.


Tecom Co FCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Tecom Co's FCF Margin % distribution charts can be found below:

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


TPE:2321
61GF Score
Tecom Co Ltd TPE:2321
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecom Co FCF Margin % Calculation

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

Tecom 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 )
=-15.668/732.508
=-2.14 %

Tecom Co'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 )
=-9.342/174.823
=-5.34 %

* 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 -5.34% mean?
Tecom Co (TPE:2321) has a FCF Margin % of -5.34% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tecom Co and its competitors. According to the industry distribution chart, Tecom Co ranks #1487 out of 2477 companies in the Hardware industry, placing it in the top 60%.
Is Tecom Co's FCF Margin % too high?
Tecom Co's current FCF Margin % is -5.34%. Based on the distribution chart, Tecom Co ranks #1487 out of 2477 companies in the Hardware industry, which is below the industry midpoint. Overall, Tecom Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecom Co's FCF Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tecom Co ranks #1487 out of 2477 companies for FCF Margin %. This places Tecom Co in the lower half of its industry. The industry median FCF Margin % is 0.63. 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 Hardware company?
The median FCF Margin % among Hardware companies is 0.63, based on 2,477 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 Tecom Co and its competitors. For the Hardware industry, the median FCF Margin % is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecom Co's current FCF Margin % is -5.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecom Co stock overvalued right now?
Based on GuruFocus' analysis, Tecom Co (TPE:2321) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.80, compared to a current price of NT$13.90 — trading 12% below its estimated fair value. The current FCF Margin % is -5.34%. Tecom Co's overall GF Score™ is 61/100 with 3 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 Tecom Co (TPE:2321), the current FCF Margin % is -5.34% 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 Tecom Co (TPE:2321) Overvalued in 2026?

Based on GuruFocus' analysis, Tecom Co stock appears to be undervalued. The current stock price of NT$13.90 is trading 12% below its estimated GF Value™ of NT$15.80. GuruFocus considers Tecom Co to be Modestly Undervalued.

Key valuation signals for TPE:2321:

  • FCF Margin %: -5.34%
  • GF Value™: NT$15.80 vs. price of NT$13.90 (12% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecom Co Business Description

Address No. 23, Research and Development 2nd Road, Science Park, Hsinchu City, TWN, 300
Tecom Co Ltd is a Taiwan-based telecommunications equipment maker. The company specializes in providing communication convergence solutions for enterprise, carrier, and consumer markets. Its product portfolio includes smartphone business systems, business phone systems, carriers, smart home systems, smart video doorbells, vibration diagnoses, and (internet protocol) IP phones. The Group mainly derives it's revenue from business communication systems, smart electromechanics, and fiber optic cables. The company integrates voice communication, network communication, wireless communication, optical communication and mobile communication services. It operates in USA, Taiwan and Other countries.
61GF Score

Get the complete analysis for TPE:2321

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

NT$13.90
Price
NT$15.80
GF Value