Kernel HoldingWAR:KER -0.31%63 FCF Margin % is 20.02% as of Mar. 2026, which is 653% above its 10-year median of 2.66. GuruFocus rates WAR:KER with a GF Score™ of 63/100 and a GF Value™ of zł13.28 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 310 Retail - Defensive companies, Kernel Holding ranks worse than 52.26% on this metric.
The historical rank and industry rank for Kernel Holding's FCF Margin % or its related term are showing as below:
WAR:KER'
s FCF Margin % Range Over the Past 10 Years
Min: -11.36 Med: 2.66 Max: 18.15
Current: 1.52
During the past 13 years, the highest FCF Margin % of Kernel Holding was 18.15%. The lowest was -11.36%. And the median was 2.66%.
WAR:KER's FCF Margin % is ranked worse than 52.26% of 310
companies
in the Retail - Defensive industry
Industry Median: 1.835
vs WAR:KER: 1.52
Kernel Holding FCF Margin % Related Terms
Kernel Holding FCF Margin % Historical Data
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The historical data trend for Kernel 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.
WAR:KER vs SYY, USFD, PFGC: FCF Margin % Comparison
For the Food Distribution subindustry, Kernel 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.
Kernel Holding FCF Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kernel Holding's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Kernel Holding'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.
Kernel Holding (WAR:KER) has a FCF Margin % of 20.02% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Kernel Holding and its competitors. This is 653% above median its historical median of 2.66. According to the industry distribution chart, Kernel Holding ranks #162 out of 310 companies in the Retail - Defensive industry, placing it in the top 52.3%.
Is Kernel Holding's FCF Margin % too high?
Kernel Holding's current FCF Margin % of 20.02% is 653% above median its 10-year median of 2.66. The Retail - Defensive industry median FCF Margin % is 1.84. Kernel Holding's value of 20.02% is 991% above this industry median. Based on the distribution chart, Kernel Holding ranks #162 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Kernel Holding has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kernel Holding's FCF Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kernel Holding ranks #162 out of 310 companies for FCF Margin %. This places Kernel Holding in the lower half of its industry. The industry median FCF Margin % is 1.84. Kernel Holding's value of 20.02% is 991% above this benchmark. While the company's 10-year median is 2.66 vs. the industry median of 1.84, Kernel Holding 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 Retail - Defensive company?
The median FCF Margin % among Retail - Defensive companies is 1.84, based on 310 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. Kernel Holding's current FCF Margin % of 20.02% is 991% 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 Kernel Holding and its competitors. For the Retail - Defensive industry, the median FCF Margin % is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kernel Holding's current FCF Margin % is 20.02%, which is 653% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kernel Holding stock overvalued right now?
Based on GuruFocus' analysis, Kernel Holding (WAR:KER) is currently considered Significantly Overvalued. The stock's GF Value™ is zł13.28, compared to a current price of zł19.44 — trading 46.4% above its estimated fair value. The current FCF Margin % is 20.02%, which is 653% above median its 10-year median of 2.66 and 991% above the Retail - Defensive industry median of 1.84. Kernel Holding's overall GF Score™ is 63/100 with 1 warning sign 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 Kernel Holding (WAR:KER), the current FCF Margin % is 20.02% 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 Kernel Holding (WAR:KER) Overvalued in 2026?
Based on GuruFocus' analysis, Kernel Holding stock appears to be overvalued.
The current stock price of zł19.44 is trading 46.4% above its estimated GF Value™ of zł13.28.
GuruFocus considers Kernel Holding to be Significantly Overvalued.
Key valuation signals for WAR:KER:
FCF Margin %: 20.02% (653% above median its 10-year median of 2.66)
GF Value™: zł13.28 vs. price of zł19.44 (46.4% above fair value)
Industry Position: 991% above the Retail - Defensive median (#162 of 310)
No single metric tells the full story. See the WAR:KER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kernel Holding SA is an investment holding company. The company's segment includes Oilseed Processing; Infrastructure and Trading and Farming. It generates maximum revenue from the Infrastructure and Trading segment. The Infrastructure and Trading segment includes sourcing and merchandising of wholesale edible oils, grain, provision of silo services, grain handling and transshipment services.
63GF Score
Get the complete analysis for WAR:KER
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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