CTOBF (China Tobacco International (HK) Co) OCF Margin %: 19.60% (As of Jun. 2026) — 361% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

CTOBF China Tobacco International (HK) Co Ltd CTOBF
88 GF Score
Price $2.05
GF Value $1.93
! 2 Warning Signs
View Full Analysis

What is China Tobacco International (HK) Co OCF Margin %?

China Tobacco International (HK) Co CTOBF 88 OCF Margin % is 19.60% as of Jun. 2026, which is 361% above its 10-year median of 4.25. GuruFocus rates CTOBF with a GF Score™ of 88/100 and a GF Value™ of $1.93. The stock has 2 warning signs investors should review. Among 49 Tobacco Products companies, China Tobacco International (HK) Co ranks worse than 57.14% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. China Tobacco International (HK) Co's Cash Flow from Operations for the six months ended in Jun. 2026 was $189 Mil. China Tobacco International (HK) Co's Revenue for the six months ended in Jun. 2026 was $964 Mil. Therefore, China Tobacco International (HK) Co's OCF Margin % for the quarter that ended in Jun. 2026 was 19.60%.

As of today, China Tobacco International (HK) Co's current OCF Yield % is 5.27%.

The historical rank and industry rank for China Tobacco International (HK) Co's OCF Margin % or its related term are showing as below:

CTOBF' s OCF Margin % Range Over the Past 10 Years
Min: -4.82   Med: 4.25   Max: 10.78
Current: 8.57


During the past 11 years, the highest OCF Margin % of China Tobacco International (HK) Co was 10.78%. The lowest was -4.82%. And the median was 4.25%.

CTOBF's OCF Margin % is ranked worse than
57.14% of 49 companies
in the Tobacco Products industry
Industry Median: 12.76 vs CTOBF: 8.57


China Tobacco International (HK) Co OCF Margin % Related Terms


China Tobacco International (HK) Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for China Tobacco International (HK) Co's OCF 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.

China Tobacco International (HK) Co OCF Margin % Chart

China Tobacco International (HK) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 -4.61 5.04 5.87 8.29

China Tobacco International (HK) Co Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
OCF 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 4.94 7.77 16.20 -10.87 19.60

CTOBF vs PM, MO, TPB: OCF Margin % Comparison

For the Tobacco subindustry, China Tobacco International (HK) Co's OCF Margin %, along with its competitors' market caps and OCF 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.


China Tobacco International (HK) Co OCF Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's OCF Margin % distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's OCF Margin % falls into.


CTOBF
88GF Score
China Tobacco International (HK) Co Ltd CTOBF
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tobacco International (HK) Co OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

China Tobacco International (HK) Co's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=155.05667133825/1870.0608443473
=8.29 %

China Tobacco International (HK) Co's OCF Margin for the quarter that ended in Jun. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=188.85412411684/963.60074928959
=19.60 %

* 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 OCF Margin % →
What does a OCF Margin % of 19.60% mean?
China Tobacco International (HK) Co (CTOBF) has a OCF Margin % of 19.60% as of Jun. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on China Tobacco International (HK) Co and its competitors. This is 361% above median its historical median of 4.25. According to the industry distribution chart, China Tobacco International (HK) Co ranks #28 out of 49 companies in the Tobacco Products industry, placing it in the top 57.1%.
Is China Tobacco International (HK) Co's OCF Margin % too high?
China Tobacco International (HK) Co's current OCF Margin % of 19.60% is 361% above median its 10-year median of 4.25. The Tobacco Products industry median OCF Margin % is 12.76. China Tobacco International (HK) Co's value of 19.60% is 53.6% above this industry median. Based on the distribution chart, China Tobacco International (HK) Co ranks #28 out of 49 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, China Tobacco International (HK) Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does China Tobacco International (HK) Co's OCF Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, China Tobacco International (HK) Co ranks #28 out of 49 companies for OCF Margin %. This places China Tobacco International (HK) Co in the lower half of its industry. The industry median OCF Margin % is 12.76. China Tobacco International (HK) Co's value of 19.60% is 53.6% above this benchmark. While the company's 10-year median is 4.25 vs. the industry median of 12.76, China Tobacco International (HK) Co 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 OCF Margin % for a Tobacco Products company?
The median OCF Margin % among Tobacco Products companies is 12.76, based on 49 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tobacco International (HK) Co's current OCF Margin % of 19.60% is 53.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on China Tobacco International (HK) Co and its competitors. For the Tobacco Products industry, the median OCF Margin % is 12.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tobacco International (HK) Co's current OCF Margin % is 19.60%, which is 361% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tobacco International (HK) Co stock overvalued right now?
China Tobacco International (HK) Co (CTOBF) has a current OCF Margin % of 19.60%. The stock's GF Value™ is $1.93, compared to a current price of $2.05 — trading 6.2% above its estimated fair value. The current OCF Margin % is 19.60%, which is 361% above median its 10-year median of 4.25 and 53.6% above the Tobacco Products industry median of 12.76. China Tobacco International (HK) Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For China Tobacco International (HK) Co (CTOBF), the current OCF Margin % is 19.60% as of Jun. 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 China Tobacco International (HK) Co (CTOBF) Overvalued in 2026?

Based on GuruFocus' analysis, China Tobacco International (HK) Co stock appears to be overvalued. The current stock price of $2.05 is trading 6.2% above its estimated GF Value™ of $1.93.

Key valuation signals for CTOBF:

  • OCF Margin %: 19.60% (361% above median its 10-year median of 4.25)
  • GF Value™: $1.93 vs. price of $2.05 (6.2% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 53.6% above the Tobacco Products median (#28 of 49)

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


China Tobacco International (HK) Co Business Description

Other Exchanges 06055:Hong Kong
Address 18 Hung Luen Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through various segments namely the Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, the New Tobacco Product Export Business, and the Brazil Operation Business. The company's geographical segments are China (excluding the SARs), Indonesia, Korea, Hong Kong, Philippines, Vietnam, Brazil, Belgium, Poland, Paraguay, Egypt, and others, of which it derives maximum revenue from the PRC. It earns maximum revenue from the Tobacco Leaf Product Import Business.
88GF Score

Get the complete analysis for CTOBF

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

$2.05
Price
$1.93
GF Value