Bull-Doguce Co (TSE:2804) FCF Margin %: 12.75% (As of Mar. 2026) — 303% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2804 Bull-Dog Sauce Co Ltd TSE:2804
66 GF Score
Price 円1,798.00
GF Value 円2,049.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Bull-Doguce Co FCF Margin %?

Bull-Doguce Co TSE:2804 -0.17% 66 FCF Margin % is 12.75% as of Mar. 2026, which is 303% above its 10-year median of 3.16. GuruFocus rates TSE:2804 with a GF Score™ of 66/100 and a GF Value™ of 円2,049.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,957 Consumer Packaged Goods companies, Bull-Doguce Co ranks better than 78.49% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Bull-Doguce Co's Free Cash Flow for the six months ended in Mar. 2026 was 円933 Mil. Bull-Doguce Co's Revenue for the six months ended in Mar. 2026 was 円7,313 Mil. Therefore, Bull-Doguce Co's FCF Margin % for the quarter that ended in Mar. 2026 was 12.75%.

As of today, Bull-Doguce Co's current FCF Yield % is 6.07%.

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

TSE:2804' s FCF Margin % Range Over the Past 10 Years
Min: -32.66   Med: 3.16   Max: 14.79
Current: 9.36


During the past 13 years, the highest FCF Margin % of Bull-Doguce Co was 14.79%. The lowest was -32.66%. And the median was 3.16%.

TSE:2804's FCF Margin % is ranked better than
78.49% of 1957 companies
in the Consumer Packaged Goods industry
Industry Median: 2.11 vs TSE:2804: 9.36


Bull-Doguce Co FCF Margin % Related Terms


Bull-Doguce Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Bull-Doguce 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.

Bull-Doguce Co FCF Margin % Chart

Bull-Doguce Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.91 -29.24 -32.66 14.79 9.36

Bull-Doguce Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -1.22 17.00 12.59 6.00 12.75

TSE:2804 vs KHC, GIS: FCF Margin % Comparison

For the Packaged Foods subindustry, Bull-Doguce 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.


Bull-Doguce Co FCF Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bull-Doguce Co's FCF Margin % distribution charts can be found below:

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


TSE:2804
66GF Score
Bull-Dog Sauce Co Ltd TSE:2804
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bull-Doguce Co FCF Margin % Calculation

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

Bull-Doguce Co's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1375.119/14688.678
=9.36 %

Bull-Doguce 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 )
=932.617/7312.699
=12.75 %

* 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 12.75% mean?
Bull-Doguce Co (TSE:2804) has a FCF Margin % of 12.75% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Bull-Doguce Co and its competitors. This is 303% above median its historical median of 3.16. According to the industry distribution chart, Bull-Doguce Co ranks #421 out of 1957 companies in the Consumer Packaged Goods industry, placing it in the top 21.5%.
Is Bull-Doguce Co's FCF Margin % too high?
Bull-Doguce Co's current FCF Margin % of 12.75% is 303% above median its 10-year median of 3.16. The Consumer Packaged Goods industry median FCF Margin % is 2.11. Bull-Doguce Co's value of 12.75% is 504.3% above this industry median. Based on the distribution chart, Bull-Doguce Co ranks #421 out of 1957 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Bull-Doguce Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bull-Doguce Co's FCF Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bull-Doguce Co ranks #421 out of 1957 companies for FCF Margin %. This places Bull-Doguce Co in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.11. Bull-Doguce Co's value of 12.75% is 504.3% above this benchmark. While the company's 10-year median is 3.16 vs. the industry median of 2.11, Bull-Doguce Co 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 Consumer Packaged Goods company?
The median FCF Margin % among Consumer Packaged Goods companies is 2.11, based on 1,957 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. Bull-Doguce Co's current FCF Margin % of 12.75% is 504.3% 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 Bull-Doguce Co and its competitors. For the Consumer Packaged Goods industry, the median FCF Margin % is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bull-Doguce Co's current FCF Margin % is 12.75%, which is 303% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull-Doguce Co stock overvalued right now?
Based on GuruFocus' analysis, Bull-Doguce Co (TSE:2804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,049.23, compared to a current price of 円1,798.00 — trading 12.3% below its estimated fair value. The current FCF Margin % is 12.75%, which is 303% above median its 10-year median of 3.16 and 504.3% above the Consumer Packaged Goods industry median of 2.11. Bull-Doguce Co's overall GF Score™ is 66/100 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 Bull-Doguce Co (TSE:2804), the current FCF Margin % is 12.75% 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 Bull-Doguce Co (TSE:2804) Overvalued in 2026?

Based on GuruFocus' analysis, Bull-Doguce Co stock appears to be undervalued. The current stock price of 円1,798.00 is trading 12.3% below its estimated GF Value™ of 円2,049.23. GuruFocus considers Bull-Doguce Co to be Modestly Undervalued.

Key valuation signals for TSE:2804:

  • FCF Margin %: 12.75% (303% above median its 10-year median of 3.16)
  • GF Value™: 円2,049.23 vs. price of 円1,798.00 (12.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 504.3% above the Consumer Packaged Goods median (#421 of 1957)

No single metric tells the full story. See the TSE:2804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull-Doguce Co Business Description

Address 11-5 Kabuto-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0026
Bull-Dog Sauce Co Ltd is engaged in the business to manufacture and sale sauces and other seasonings. The product line includes - Okonomiyaki sauce, Yakisoba sauce, Takoyaki sauce, and Cooking sauce.
66GF Score

Get the complete analysis for TSE:2804

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

円1,798.00
Price
円2,049.23
GF Value