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REF HoldingsHKSE:01631 48 FCF Yield % is 7.00 as of Jul. 19, 2026, which is 62% below its 10-year median of 18.65. GuruFocus rates HKSE:01631 with a GF Score™ of 48/100 and a GF Value™ of HK$0.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,087 Business Services companies, REF Holdings ranks better than 63.85% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
REF Holdings FCF Yield % Related Terms
REF Holdings FCF Yield % Historical Data
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The historical data trend for REF Holdings's FCF Yield % 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.
HKSE:01631 vs CTAS, CPRT, ULS: FCF Yield % Comparison
For the Specialty Business Services subindustry, REF Holdings's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.
REF Holdings FCF Yield % vs Business Services Industry
For the Business Services industry and Industrials sector, REF Holdings's FCF Yield % distribution charts can be found below:
* The bar in red indicates where REF Holdings's FCF Yield % 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.
REF Holdings (HKSE:01631) has a FCF Yield % of 7.00 as of Jul. 19, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on REF Holdings and its competitors. This is 62% below median its historical median of 18.65. Over the past decade, REF Holdings' FCF Yield % has ranged from 6.21 to 80.43. According to the industry distribution chart, REF Holdings ranks #393 out of 1087 companies in the Business Services industry, placing it in the top 36.2%.
Is REF Holdings' FCF Yield % too high?
REF Holdings' current FCF Yield % of 7.00 is 62% below median its 10-year median of 18.65. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 80.43. The Business Services industry median FCF Yield % is 3.77. REF Holdings' value of 7.00 is 85.7% above this industry median. Based on the distribution chart, REF Holdings ranks #393 out of 1087 companies in the Business Services industry, which is above the industry midpoint. Overall, REF Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does REF Holdings' FCF Yield % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, REF Holdings ranks #393 out of 1087 companies for FCF Yield %. This puts REF Holdings in the upper half of its industry. The industry median FCF Yield % is 3.77. REF Holdings' value of 7.00 is 85.7% above this benchmark. Historically, REF Holdings' own FCF Yield % has ranged from 6.21 to 80.43 over the past decade. While the company's 10-year median is 18.65 vs. the industry median of 3.77, REF Holdings 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 Yield % for a Business Services company?
The median FCF Yield % among Business Services companies is 3.77, based on 1,087 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. REF Holdings's current FCF Yield % of 7.00 is 85.7% 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 Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on REF Holdings and its competitors. For the Business Services industry, the median FCF Yield % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REF Holdings's current FCF Yield % is 7.00, which is 62% below median its own 10-year median of 18.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REF Holdings stock overvalued right now?
Based on GuruFocus' analysis, REF Holdings (HKSE:01631) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$1.40 — trading 508.7% above its estimated fair value. The current FCF Yield % is 7.00, which is 62% below median its 10-year median of 18.65 and 85.7% above the Business Services industry median of 3.77. REF Holdings' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For REF Holdings (HKSE:01631), the current FCF Yield % is 7.00 as of Jul. 19, 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 REF Holdings (HKSE:01631) Overvalued in 2026?
Based on GuruFocus' analysis, REF Holdings stock appears to be overvalued.
The current stock price of HK$1.40 is trading 508.7% above its estimated GF Value™ of HK$0.23.
GuruFocus considers REF Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01631:
FCF Yield %: 7.00 (62% below median its 10-year median of 18.65)
GF Value™: HK$0.23 vs. price of HK$1.40 (508.7% above fair value)
Industry Position: 85.7% above the Business Services median (#393 of 1087)
No single metric tells the full story. See the HKSE:01631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REF Holdings Ltd provides financial printing, which comprises cover printing of listing documents, financial reports, compliance documents, and other documents. The convenient financial printing services include typesetting, proofreading, translation, design, printing, web submission, media placement, and distribution. The services of the group can be categorized into printing, translation, and media placement. The company generates revenue from the provision of financial printing services and investment holdings.
48GF Score
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