Tern Properties Co (HKSE:00277) OCF Margin %: 21.32% (As of Mar. 2026) — 45% Below 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.

HKSE:00277 Tern Properties Co Ltd HKSE:00277
69 GF Score
Price HK$1.14
GF Value HK$1.72
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tern Properties Co OCF Margin %?

Tern Properties Co HKSE:00277 69 OCF Margin % is 21.32% as of Mar. 2026, which is 45% below its 10-year median of 38.64. GuruFocus rates HKSE:00277 with a GF Score™ of 69/100 and a GF Value™ of HK$1.72 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,752 Real Estate companies, Tern Properties Co ranks better than 54.91% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Tern Properties Co's Cash Flow from Operations for the six months ended in Mar. 2026 was HK$5.21 Mil. Tern Properties Co's Revenue for the six months ended in Mar. 2026 was HK$24.44 Mil. Therefore, Tern Properties Co's OCF Margin % for the quarter that ended in Mar. 2026 was 21.32%.

As of today, Tern Properties Co's current OCF Yield % is 2.48%.

The historical rank and industry rank for Tern Properties Co's OCF Margin % or its related term are showing as below:

HKSE:00277' s OCF Margin % Range Over the Past 10 Years
Min: 14.23   Med: 38.64   Max: 56.61
Current: 16.12


During the past 13 years, the highest OCF Margin % of Tern Properties Co was 56.61%. The lowest was 14.23%. And the median was 38.64%.

HKSE:00277's OCF Margin % is ranked better than
54.91% of 1752 companies
in the Real Estate industry
Industry Median: 11.18 vs HKSE:00277: 16.12


Tern Properties Co OCF Margin % Related Terms


Tern Properties Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Tern Properties 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.

Tern Properties Co OCF Margin % Chart

Tern Properties Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.89 40.87 27.89 14.23 16.12

Tern Properties Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.53 19.48 8.43 10.83 21.32

HKSE:00277 vs CBRE, BEKE, JLL: OCF Margin % Comparison

For the Real Estate Services subindustry, Tern Properties 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.


Tern Properties Co OCF Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tern Properties Co's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Tern Properties Co's OCF Margin % falls into.


HKSE:00277
69GF Score
Tern Properties Co Ltd HKSE:00277
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tern Properties Co OCF Margin % Calculation

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

Tern Properties Co's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=7.808/48.445
=16.12 %

Tern Properties Co's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5.209/24.438
=21.32 %

* 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 21.32% mean?
Tern Properties Co (HKSE:00277) has a OCF Margin % of 21.32% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tern Properties Co and its competitors. This is 45% below median its historical median of 38.64. Over the past decade, Tern Properties Co's OCF Margin % has ranged from 14.23 to 56.61. According to the industry distribution chart, Tern Properties Co ranks #790 out of 1752 companies in the Real Estate industry, placing it in the top 45.1%.
Is Tern Properties Co's OCF Margin % too high?
Tern Properties Co's current OCF Margin % of 21.32% is 45% below median its 10-year median of 38.64. Over the past 10 years, this metric has ranged from a low of 14.23 to a high of 56.61. The Real Estate industry median OCF Margin % is 11.18. Tern Properties Co's value of 21.32% is 90.7% above this industry median. Based on the distribution chart, Tern Properties Co ranks #790 out of 1752 companies in the Real Estate industry, which is above the industry midpoint. Overall, Tern Properties Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tern Properties Co's OCF Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tern Properties Co ranks #790 out of 1752 companies for OCF Margin %. This puts Tern Properties Co in the upper half of its industry. The industry median OCF Margin % is 11.18. Tern Properties Co's value of 21.32% is 90.7% above this benchmark. Historically, Tern Properties Co's own OCF Margin % has ranged from 14.23 to 56.61 over the past decade. While the company's 10-year median is 38.64 vs. the industry median of 11.18, Tern Properties 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 Real Estate company?
The median OCF Margin % among Real Estate companies is 11.18, based on 1,752 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. Tern Properties Co's current OCF Margin % of 21.32% is 90.7% 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 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 Tern Properties Co and its competitors. For the Real Estate industry, the median OCF Margin % is 11.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tern Properties Co's current OCF Margin % is 21.32%, which is 45% below median its own 10-year median of 38.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tern Properties Co stock overvalued right now?
Based on GuruFocus' analysis, Tern Properties Co (HKSE:00277) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.72, compared to a current price of HK$1.14 — trading 34% below its estimated fair value. The current OCF Margin % is 21.32%, which is 45% below median its 10-year median of 38.64 and 90.7% above the Real Estate industry median of 11.18. Tern Properties Co's overall GF Score™ is 69/100 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 Tern Properties Co (HKSE:00277), the current OCF Margin % is 21.32% 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 Tern Properties Co (HKSE:00277) Overvalued in 2026?

Based on GuruFocus' analysis, Tern Properties Co stock appears to be undervalued. The current stock price of HK$1.14 is trading 34% below its estimated GF Value™ of HK$1.72. GuruFocus considers Tern Properties Co to be Significantly Undervalued.

Key valuation signals for HKSE:00277:

  • OCF Margin %: 21.32% (45% below median its 10-year median of 38.64)
  • GF Value™: HK$1.72 vs. price of HK$1.14 (34% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 90.7% above the Real Estate median (#790 of 1752)

No single metric tells the full story. See the HKSE:00277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tern Properties Co Business Description

Address 237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG
Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company generates key income from the Property investment business.
69GF Score

Get the complete analysis for HKSE:00277

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

HK$1.14
Price
HK$1.72
GF Value