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.
Time Watch InvestmentsHKSE:02033 48 FCF Yield % is 11.66 as of Jul. 19, 2026, which is 12% below its 10-year median of 13.24. GuruFocus rates HKSE:02033 with a GF Score™ of 48/100 and a GF Value™ of HK$0.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Time Watch Investments ranks better than 77.58% 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.
The historical rank and industry rank for Time Watch Investments's FCF Yield % or its related term are showing as below:
HKSE:02033'
s FCF Yield % Range Over the Past 10 Years
Min: 2.98 Med: 13.24 Max: 31.5
Current: 11.66
During the past 13 years, the highest FCF Yield % of Time Watch Investments was 31.50%. The lowest was 2.98%. And the median was 13.24%.
HKSE:02033's FCF Yield % is ranked better than 77.58% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.055
vs HKSE:02033: 11.66
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.
Time Watch Investments FCF Yield % Related Terms
Time Watch Investments FCF Yield % Historical Data
* 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:02033 vs NKE, DECK, ONON: FCF Yield % Comparison
For the Footwear & Accessories subindustry, Time Watch Investments'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.
Time Watch Investments FCF Yield % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Time Watch Investments's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Time Watch Investments'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.
Time Watch Investments (HKSE:02033) has a FCF Yield % of 11.66 as of Jul. 19, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Time Watch Investments and its competitors. This is 12% below median its historical median of 13.24. Over the past decade, Time Watch Investments' FCF Yield % has ranged from 2.98 to 31.50. According to the industry distribution chart, Time Watch Investments ranks #239 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.4%.
Is Time Watch Investments' FCF Yield % too high?
Time Watch Investments' current FCF Yield % of 11.66 is 12% below median its 10-year median of 13.24. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 31.50. The Manufacturing - Apparel & Accessories industry median FCF Yield % is 2.06. Time Watch Investments' value of 11.66 is 467.4% above this industry median. Based on the distribution chart, Time Watch Investments ranks #239 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Time Watch Investments has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Watch Investments' FCF Yield % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Time Watch Investments ranks #239 out of 1066 companies for FCF Yield %. This places Time Watch Investments in the top 22% of its industry — outperforming the majority of peers. The industry median FCF Yield % is 2.06. Time Watch Investments' value of 11.66 is 467.4% above this benchmark. Historically, Time Watch Investments' own FCF Yield % has ranged from 2.98 to 31.50 over the past decade. While the company's 10-year median is 13.24 vs. the industry median of 2.06, Time Watch Investments 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 Manufacturing - Apparel & Accessories company?
The median FCF Yield % among Manufacturing - Apparel & Accessories companies is 2.06, based on 1,066 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. Time Watch Investments's current FCF Yield % of 11.66 is 467.4% 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 Time Watch Investments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Yield % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Watch Investments's current FCF Yield % is 11.66, which is 12% below median its own 10-year median of 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Watch Investments stock overvalued right now?
Based on GuruFocus' analysis, Time Watch Investments (HKSE:02033) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.23, compared to a current price of HK$0.24 — trading 3.9% above its estimated fair value. The current FCF Yield % is 11.66, which is 12% below median its 10-year median of 13.24 and 467.4% above the Manufacturing - Apparel & Accessories industry median of 2.06. Time Watch Investments' overall GF Score™ is 48/100 with 4 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 Time Watch Investments (HKSE:02033), the current FCF Yield % is 11.66 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 Time Watch Investments (HKSE:02033) Overvalued in 2026?
Based on GuruFocus' analysis, Time Watch Investments stock appears to be overvalued.
The current stock price of HK$0.24 is trading 3.9% above its estimated GF Value™ of HK$0.23.
GuruFocus considers Time Watch Investments to be Fairly Valued.
Key valuation signals for HKSE:02033:
FCF Yield %: 11.66 (12% below median its 10-year median of 13.24)
GF Value™: HK$0.23 vs. price of HK$0.24 (3.9% above fair value)
Industry Position: 467.4% above the Manufacturing - Apparel & Accessories median (#239 of 1066)
No single metric tells the full story. See the HKSE:02033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time Watch Investments Ltd is an investment holding company that operates as a manufacturer, brand-owner, and retailer of watches in the People's Republic of China (PRC). The company operates through following segments: Tian Wang Watch Business, Watch Movements Trading Business, and Other Brands (PRC) Business. The company generates maximum revenue from the Tian Wang Watch Business that involves manufacturing, the wholesale and retail business of owned brand watches, Tian Wang Watch. Its geographical segments include the PRC, which is the key revenue generator, and the Asia Pacific.
48GF Score
Get the complete analysis for HKSE:02033
FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02033 has been successfully added to your 
