fonfunTSE:2323 -2.68%63 FCF Margin % is 7.15% as of Mar. 2026, which is 13% below its 10-year median of 8.18. GuruFocus rates TSE:2323 with a GF Score™ of 63/100 and a GF Value™ of 円386.76 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,815 Software companies, fonfun ranks better than 73.93% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. fonfun's Free Cash Flow for the
six
months ended in Mar. 2026 was 円90 Mil. fonfun's Revenue for the
six
months ended in Mar. 2026 was 円1,251 Mil. Therefore, fonfun's FCF Margin % for the quarter that ended in Mar. 2026 was 7.15%.
The historical rank and industry rank for fonfun's FCF Margin % or its related term are showing as below:
TSE:2323'
s FCF Margin % Range Over the Past 10 Years
Min: -2.68 Med: 8.18 Max: 26.83
Current: 11.9
During the past 13 years, the highest FCF Margin % of fonfun was 26.83%. The lowest was -2.68%. And the median was 8.18%.
TSE:2323's FCF Margin % is ranked better than 73.93% of 2815
companies
in the Software industry
Industry Median: 2.41
vs TSE:2323: 11.90
fonfun FCF Margin % Related Terms
fonfun FCF Margin % Historical Data
* Premium members only.
The historical data trend for fonfun'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.
TSE:2323 vs IBM, ACN, FISV: FCF Margin % Comparison
For the Information Technology Services subindustry, fonfun'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.
fonfun FCF Margin % vs Software Industry
For the Software industry and Technology sector, fonfun's FCF Margin % distribution charts can be found below:
* The bar in red indicates where fonfun'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.
fonfun (TSE:2323) has a FCF Margin % of 7.15% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on fonfun and its competitors. This is 13% below median its historical median of 8.18. According to the industry distribution chart, fonfun ranks #734 out of 2815 companies in the Software industry, placing it in the top 26.1%.
Is fonfun's FCF Margin % too high?
fonfun's current FCF Margin % of 7.15% is 13% below median its 10-year median of 8.18. The Software industry median FCF Margin % is 2.41. fonfun's value of 7.15% is 196.7% above this industry median. Based on the distribution chart, fonfun ranks #734 out of 2815 companies in the Software industry, which is above the industry midpoint. Overall, fonfun has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does fonfun's FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, fonfun ranks #734 out of 2815 companies for FCF Margin %. This puts fonfun in the upper half of its industry. The industry median FCF Margin % is 2.41. fonfun's value of 7.15% is 196.7% above this benchmark. While the company's 10-year median is 8.18 vs. the industry median of 2.41, fonfun 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 Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 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. fonfun's current FCF Margin % of 7.15% is 196.7% 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 fonfun and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. fonfun's current FCF Margin % is 7.15%, which is 13% below median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is fonfun stock overvalued right now?
Based on GuruFocus' analysis, fonfun (TSE:2323) is currently considered Possible Value Trap. The stock's GF Value™ is 円386.76, compared to a current price of 円254.00 — trading 34.3% below its estimated fair value. The current FCF Margin % is 7.15%, which is 13% below median its 10-year median of 8.18 and 196.7% above the Software industry median of 2.41. fonfun's overall GF Score™ is 63/100 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 fonfun (TSE:2323), the current FCF Margin % is 7.15% 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 fonfun (TSE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, fonfun stock appears to be undervalued.
The current stock price of 円254.00 is trading 34.3% below its estimated GF Value™ of 円386.76.
GuruFocus considers fonfun to be Possible Value Trap.
Key valuation signals for TSE:2323:
FCF Margin %: 7.15% (13% below median its 10-year median of 8.18)
GF Value™: 円386.76 vs. price of 円254.00 (34.3% below fair value)
Industry Position: 196.7% above the Software median (#734 of 2815)
No single metric tells the full story. See the TSE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
fonfun Corp provides various content services with a focus on services for the Internet-enabled mobile phone. Its web security business provides web application diagnosis and network diagnostics. Its segments include: Remote mail business, SMS business, Contracted software development business, and Voice mail business. The company derives maximum revenue from SMS business.
63GF Score
Get the complete analysis for TSE:2323
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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