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.
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.
PATHTSE:3840 +1.72%49 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates TSE:3840 with a GF Score™ of 49/100 and a GF Value™ of 円85.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,069 Business Services companies, PATH ranks worse than 87.93% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. PATH's Free Cash Flow for the
three
months ended in Mar. 2026 was 円0 Mil. PATH's Revenue for the
three
months ended in Mar. 2026 was 円576 Mil. Therefore, PATH's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.
The historical data trend for PATH'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:3840 vs CTAS, CPRT, GPN: FCF Margin % Comparison
For the Specialty Business Services subindustry, PATH'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.
PATH FCF Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, PATH's FCF Margin % distribution charts can be found below:
* The bar in red indicates where PATH'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.
PATH (TSE:3840) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on PATH and its competitors. According to the industry distribution chart, PATH ranks #940 out of 1069 companies in the Business Services industry, placing it in the top 87.9%.
Is PATH's FCF Margin % too high?
PATH's current FCF Margin % is 0.00%. Based on the distribution chart, PATH ranks #940 out of 1069 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PATH has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PATH's FCF Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PATH ranks #940 out of 1069 companies for FCF Margin %. This places PATH in the lower half of its industry. The industry median FCF Margin % is 3.39. 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 Business Services company?
The median FCF Margin % among Business Services companies is 3.39, based on 1,069 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 PATH and its competitors. For the Business Services industry, the median FCF Margin % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PATH's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PATH stock overvalued right now?
Based on GuruFocus' analysis, PATH (TSE:3840) is currently considered Possible Value Trap. The stock's GF Value™ is 円85.28, compared to a current price of 円59.00 — trading 30.8% below its estimated fair value. The current FCF Margin % is 0.00%. PATH's overall GF Score™ is 49/100 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 PATH (TSE:3840), the current FCF Margin % is 0.00% 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 PATH (TSE:3840) Overvalued in 2026?
Based on GuruFocus' analysis, PATH stock appears to be undervalued.
The current stock price of 円59.00 is trading 30.8% below its estimated GF Value™ of 円85.28.
GuruFocus considers PATH to be Possible Value Trap.
Key valuation signals for TSE:3840:
FCF Margin %: 0.00%
GF Value™: 円85.28 vs. price of 円59.00 (30.8% below fair value)
No single metric tells the full story. See the TSE:3840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.
49GF Score
Get the complete analysis for TSE:3840
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3840 has been successfully added to your 
