Cognor Holding (WAR:COG) FCF Margin %: -20.53% (As of Mar. 2026)


WAR:COG Cognor Holding SA WAR:COG
68 GF Score
Price zł5.90
GF Value zł5.62
Valuation Fairly Valued
! 6 Warning Signs
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What is Cognor Holding FCF Margin %?

Cognor Holding WAR:COG +0.60% 68 FCF Margin % is -20.53% as of Mar. 2026. GuruFocus rates WAR:COG with a GF Score™ of 68/100 and a GF Value™ of zł5.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 616 Steel companies, Cognor Holding ranks worse than 88.47% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cognor Holding's Free Cash Flow for the three months ended in Mar. 2026 was zł-121 Mil. Cognor Holding's Revenue for the three months ended in Mar. 2026 was zł591 Mil. Therefore, Cognor Holding's FCF Margin % for the quarter that ended in Mar. 2026 was -20.53%.

As of today, Cognor Holding's current FCF Yield % is -23.86%.

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

WAR:COG' s FCF Margin % Range Over the Past 10 Years
Min: -15.3   Med: 4.32   Max: 9.14
Current: -15.3


During the past 13 years, the highest FCF Margin % of Cognor Holding was 9.14%. The lowest was -15.30%. And the median was 4.32%.

WAR:COG's FCF Margin % is ranked worse than
88.47% of 616 companies
in the Steel industry
Industry Median: 1.08 vs WAR:COG: -15.30


Cognor Holding FCF Margin % Related Terms


Cognor Holding FCF Margin % Historical Data

* Premium members only.

The historical data trend for Cognor Holding'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.

Cognor Holding FCF Margin % Chart

Cognor Holding 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 0.69 7.66 -3.45 -12.89 -10.40

Cognor Holding 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 -2.20 -16.89 7.69 -31.82 -20.53

WAR:COG vs NUE, STLD, RS: FCF Margin % Comparison

For the Steel subindustry, Cognor Holding'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.


Cognor Holding FCF Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Cognor Holding's FCF Margin % falls into.


WAR:COG
68GF Score
Cognor Holding SA WAR:COG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognor Holding FCF Margin % Calculation

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

Cognor Holding'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 )
=-216.321/2080.844
=-10.40 %

Cognor Holding'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 )
=-121.404/591.26
=-20.53 %

* 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 -20.53% mean?
Cognor Holding (WAR:COG) has a FCF Margin % of -20.53% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cognor Holding and its competitors. According to the industry distribution chart, Cognor Holding ranks #545 out of 616 companies in the Steel industry, placing it in the top 88.5%.
Is Cognor Holding's FCF Margin % too high?
Cognor Holding's current FCF Margin % is -20.53%. Based on the distribution chart, Cognor Holding ranks #545 out of 616 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Cognor Holding has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's FCF Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #545 out of 616 companies for FCF Margin %. This places Cognor Holding in the lower half of its industry. The industry median FCF Margin % is 1.08. 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 Steel company?
The median FCF Margin % among Steel companies is 1.08, based on 616 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 Cognor Holding and its competitors. For the Steel industry, the median FCF Margin % is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognor Holding's current FCF Margin % is -20.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Fairly Valued. The stock's GF Value™ is zł5.62, compared to a current price of zł5.90 — trading 5% above its estimated fair value. The current FCF Margin % is -20.53%. Cognor Holding's overall GF Score™ is 68/100 with 6 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 Cognor Holding (WAR:COG), the current FCF Margin % is -20.53% 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 Cognor Holding (WAR:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued. The current stock price of zł5.90 is trading 5% above its estimated GF Value™ of zł5.62. GuruFocus considers Cognor Holding to be Fairly Valued.

Key valuation signals for WAR:COG:

  • FCF Margin %: -20.53%
  • GF Value™: zł5.62 vs. price of zł5.90 (5% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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


Cognor Holding Business Description

Other Exchanges WO9:Germany
Address ul. Zielona 26, Poraj, POL, 42-360
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
68GF Score

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

zł5.90
Price
zł5.62
GF Value