Zyxel Group (TPE:3704) FCF Margin %: -20.55% (As of Jun. 2026)

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TPE:3704 Zyxel Group Corp TPE:3704
76 GF Score
Price NT$42.00
GF Value NT$38.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Zyxel Group FCF Margin %?

Zyxel Group TPE:3704 -1.06% 76 FCF Margin % is -20.55% as of Jun. 2026. GuruFocus rates TPE:3704 with a GF Score™ of 76/100 and a GF Value™ of NT$38.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,478 Hardware companies, Zyxel Group ranks worse than 72.56% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Zyxel Group's Free Cash Flow for the three months ended in Jun. 2026 was NT$-1,799 Mil. Zyxel Group's Revenue for the three months ended in Jun. 2026 was NT$8,751 Mil. Therefore, Zyxel Group's FCF Margin % for the quarter that ended in Jun. 2026 was -20.55%.

As of today, Zyxel Group's current FCF Yield % is -14.89%.

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

TPE:3704' s FCF Margin % Range Over the Past 10 Years
Min: -11.15   Med: 0.64   Max: 11.17
Current: -9.33


During the past 13 years, the highest FCF Margin % of Zyxel Group was 11.17%. The lowest was -11.15%. And the median was 0.64%.

TPE:3704's FCF Margin % is ranked worse than
72.56% of 2478 companies
in the Hardware industry
Industry Median: -0.45 vs TPE:3704: -9.33


Zyxel Group FCF Margin % Related Terms


Zyxel Group FCF Margin % Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group FCF Margin % Chart

Zyxel Group 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 -1.40 -0.12 11.17 -8.99 -0.83

Zyxel Group 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 14.46 -13.98 13.95 -9.89 -20.55

TPE:3704 vs CSCO, MSI, HPE: FCF Margin % Comparison

For the Communication Equipment subindustry, Zyxel Group'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.


Zyxel Group FCF Margin % vs Hardware Industry

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

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


TPE:3704
76GF Score
Zyxel Group Corp TPE:3704
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zyxel Group FCF Margin % Calculation

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

Zyxel Group'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 )
=-208.903/25295.196
=-0.83 %

Zyxel Group'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 )
=-1798.507/8751.281
=-20.55 %

* 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 -20.55% mean?
Zyxel Group (TPE:3704) has a FCF Margin % of -20.55% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Zyxel Group and its competitors. According to the industry distribution chart, Zyxel Group ranks #1798 out of 2478 companies in the Hardware industry, placing it in the top 72.6%.
Is Zyxel Group's FCF Margin % too high?
Zyxel Group's current FCF Margin % is -20.55%. Based on the distribution chart, Zyxel Group ranks #1798 out of 2478 companies in the Hardware industry, which is below the industry midpoint. Overall, Zyxel Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's FCF Margin % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Zyxel Group ranks #1798 out of 2478 companies for FCF Margin %. This places Zyxel Group in the lower half of its industry. 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?
A good FCF Margin % depends on the Hardware 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 Zyxel Group and its competitors. Zyxel Group's current FCF Margin % is -20.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.71, compared to a current price of NT$42.00 — trading 8.5% above its estimated fair value. The current FCF Margin % is -20.55%. Zyxel Group's overall GF Score™ is 76/100 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 Zyxel Group (TPE:3704), the current FCF Margin % is -20.55% 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$42.00 is trading 8.5% above its estimated GF Value™ of NT$38.71. GuruFocus considers Zyxel Group to be Fairly Valued.

Key valuation signals for TPE:3704:

  • FCF Margin %: -20.55%
  • GF Value™: NT$38.71 vs. price of NT$42.00 (8.5% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
76GF Score

Get the complete analysis for TPE:3704

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

NT$42.00
Price
NT$38.71
GF Value