Shin Shin Natural Gas Co (TPE:9918) FCF Margin %: 2.46% (As of Mar. 2026) — 82% Below Median

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TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
79 GF Score
Price NT$42.50
GF Value NT$41.26
Valuation Fairly Valued
! 3 Warning Signs
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What is Shin Shin Natural Gas Co FCF Margin %?

Shin Shin Natural Gas Co TPE:9918 +0.12% 79 FCF Margin % is 2.46% as of Mar. 2026, which is 82% below its 10-year median of 13.97. GuruFocus rates TPE:9918 with a GF Score™ of 79/100 and a GF Value™ of NT$41.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 496 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 80.04% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Shin Shin Natural Gas Co's Free Cash Flow for the three months ended in Mar. 2026 was NT$16 Mil. Shin Shin Natural Gas Co's Revenue for the three months ended in Mar. 2026 was NT$635 Mil. Therefore, Shin Shin Natural Gas Co's FCF Margin % for the quarter that ended in Mar. 2026 was 2.46%.

As of today, Shin Shin Natural Gas Co's current FCF Yield % is 3.68%.

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

TPE:9918' s FCF Margin % Range Over the Past 10 Years
Min: -14.75   Med: 13.97   Max: 31.92
Current: 13.97


During the past 13 years, the highest FCF Margin % of Shin Shin Natural Gas Co was 31.92%. The lowest was -14.75%. And the median was 13.97%.

TPE:9918's FCF Margin % is ranked better than
80.04% of 496 companies
in the Utilities - Regulated industry
Industry Median: 2.975 vs TPE:9918: 13.97


Shin Shin Natural Gas Co FCF Margin % Related Terms


Shin Shin Natural Gas Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co FCF Margin % Chart

Shin Shin Natural Gas 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 13.48 14.46 10.79 -14.75 16.41

Shin Shin Natural Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.67 54.51 1.86 -5.09 2.46

TPE:9918 vs ATO, NI, UGI: FCF Margin % Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's FCF Margin % distribution charts can be found below:

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


TPE:9918
79GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Shin Natural Gas Co FCF Margin % Calculation

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

Shin Shin Natural Gas 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 )
=336.656/2051.671
=16.41 %

Shin Shin Natural Gas Co's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=15.625/634.691
=2.46 %

* 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 2.46% mean?
Shin Shin Natural Gas Co (TPE:9918) has a FCF Margin % of 2.46% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Shin Shin Natural Gas Co and its competitors. This is 82% below median its historical median of 13.97. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #99 out of 496 companies in the Utilities - Regulated industry, placing it in the top 20%.
Is Shin Shin Natural Gas Co's FCF Margin % too high?
Shin Shin Natural Gas Co's current FCF Margin % of 2.46% is 82% below median its 10-year median of 13.97. The Utilities - Regulated industry median FCF Margin % is 2.98. Shin Shin Natural Gas Co's value of 2.46% is 17.3% below this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #99 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's FCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #99 out of 496 companies for FCF Margin %. This places Shin Shin Natural Gas Co in the top 20% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.98. Shin Shin Natural Gas Co's value of 2.46% is 17.3% below this benchmark. While the company's 10-year median is 13.97 vs. the industry median of 2.98, Shin Shin Natural Gas Co has consistently been below 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 an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.98, based on 496 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. Shin Shin Natural Gas Co's current FCF Margin % of 2.46% is 17.3% below 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 Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current FCF Margin % is 2.46%, which is 82% below median its own 10-year median of 13.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.26, compared to a current price of NT$42.50 — trading 3% above its estimated fair value. The current FCF Margin % is 2.46%, which is 82% below median its 10-year median of 13.97 and 17.3% below the Utilities - Regulated industry median of 2.98. Shin Shin Natural Gas Co's overall GF Score™ is 79/100 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 Shin Shin Natural Gas Co (TPE:9918), the current FCF Margin % is 2.46% as of Mar. 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued. The current stock price of NT$42.50 is trading 3% above its estimated GF Value™ of NT$41.26. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • FCF Margin %: 2.46% (82% below median its 10-year median of 13.97)
  • GF Value™: NT$41.26 vs. price of NT$42.50 (3% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 17.3% below the Utilities - Regulated median (#99 of 496)

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
79GF Score

Get the complete analysis for TPE:9918

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

NT$42.50
Price
NT$41.26
GF Value