Kelfred Holdings (HKSE:01134) OCF Margin %: 8.71% (As of Dec. 2025) — 118% 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.

HKSE:01134 Kelfred Holdings Ltd HKSE:01134
45 GF Score
Price HK$0.24
GF Value HK$0.44
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kelfred Holdings OCF Margin %?

Kelfred Holdings HKSE:01134 +2.98% 45 OCF Margin % is 8.71% as of Dec. 2025, which is 118% above its 10-year median of 4.00. GuruFocus rates HKSE:01134 with a GF Score™ of 45/100 and a GF Value™ of HK$0.44 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 812 Medical Devices & Instruments companies, Kelfred Holdings ranks better than 50.25% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Kelfred Holdings's Cash Flow from Operations for the six months ended in Dec. 2025 was HK$22.4 Mil. Kelfred Holdings's Revenue for the six months ended in Dec. 2025 was HK$257.7 Mil. Therefore, Kelfred Holdings's OCF Margin % for the quarter that ended in Dec. 2025 was 8.71%.

As of today, Kelfred Holdings's current OCF Yield % is 23.45%.

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

HKSE:01134' s OCF Margin % Range Over the Past 10 Years
Min: -5.03   Med: 4   Max: 16.97
Current: 5.67


During the past 10 years, the highest OCF Margin % of Kelfred Holdings was 16.97%. The lowest was -5.03%. And the median was 4.00%.

HKSE:01134's OCF Margin % is ranked better than
50.25% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 5.545 vs HKSE:01134: 5.67


Kelfred Holdings OCF Margin % Related Terms


Kelfred Holdings OCF Margin % Historical Data

* Premium members only.

The historical data trend for Kelfred Holdings'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.

Kelfred Holdings OCF Margin % Chart

Kelfred Holdings 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 -5.03 4.14 -1.18 3.86 5.67

Kelfred Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -10.38 0.87 6.16 2.45 8.71

HKSE:01134 vs ISRG, BDX, MDLN: OCF Margin % Comparison

For the Medical Instruments & Supplies subindustry, Kelfred Holdings'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.


Kelfred Holdings OCF Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelfred Holdings's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Kelfred Holdings's OCF Margin % falls into.


HKSE:01134
45GF Score
Kelfred Holdings Ltd HKSE:01134
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kelfred Holdings OCF Margin % Calculation

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

Kelfred Holdings'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 )
=28.38/500.253
=5.67 %

Kelfred Holdings's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=22.441/257.729
=8.71 %

* 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 8.71% mean?
Kelfred Holdings (HKSE:01134) has a OCF Margin % of 8.71% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Kelfred Holdings and its competitors. This is 118% above median its historical median of 4.00. According to the industry distribution chart, Kelfred Holdings ranks #404 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 49.8%.
Is Kelfred Holdings' OCF Margin % too high?
Kelfred Holdings' current OCF Margin % of 8.71% is 118% above median its 10-year median of 4.00. The Medical Devices & Instruments industry median OCF Margin % is 5.55. Kelfred Holdings' value of 8.71% is 57.1% above this industry median. Based on the distribution chart, Kelfred Holdings ranks #404 out of 812 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Kelfred Holdings has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kelfred Holdings' OCF Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Kelfred Holdings ranks #404 out of 812 companies for OCF Margin %. This puts Kelfred Holdings in the upper half of its industry. The industry median OCF Margin % is 5.55. Kelfred Holdings' value of 8.71% is 57.1% above this benchmark. While the company's 10-year median is 4.00 vs. the industry median of 5.55, Kelfred 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 OCF Margin % for a Medical Devices & Instruments company?
The median OCF Margin % among Medical Devices & Instruments companies is 5.55, based on 812 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. Kelfred Holdings's current OCF Margin % of 8.71% is 57.1% 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 Kelfred Holdings and its competitors. For the Medical Devices & Instruments industry, the median OCF Margin % is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelfred Holdings's current OCF Margin % is 8.71%, which is 118% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelfred Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kelfred Holdings (HKSE:01134) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.44, compared to a current price of HK$0.24 — trading 45% below its estimated fair value. The current OCF Margin % is 8.71%, which is 118% above median its 10-year median of 4.00 and 57.1% above the Medical Devices & Instruments industry median of 5.55. Kelfred Holdings' overall GF Score™ is 45/100 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 Kelfred Holdings (HKSE:01134), the current OCF Margin % is 8.71% as of Dec. 2025. 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 Kelfred Holdings (HKSE:01134) Overvalued in 2026?

Based on GuruFocus' analysis, Kelfred Holdings stock appears to be undervalued. The current stock price of HK$0.24 is trading 45% below its estimated GF Value™ of HK$0.44. GuruFocus considers Kelfred Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:01134:

  • OCF Margin %: 8.71% (118% above median its 10-year median of 4.00)
  • GF Value™: HK$0.44 vs. price of HK$0.24 (45% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 57.1% above the Medical Devices & Instruments median (#404 of 812)

No single metric tells the full story. See the HKSE:01134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kelfred Holdings Business Description

Address 6 On Ping Street, Workshops 1605-1606, 16th Floor, Block B, New Trade Plaza, Sha Tin, New Territories, Hong Kong, HKG
Kelfred Holdings Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in the manufacturing and sales of eyewear products. It produces and sells a wide range of spectacle frames and sunglasses mainly through original design manufacturing (ODM) and original equipment manufacturing (OEM) business models. The group offers integrated and customised services, including product design and development, raw materials procurement, production, quality control, packaging, and delivery. The Group also offers (OBM) products under the brand name Miga. It operates in Italy, the United Kingdom, Hong Kong, the U.S., PRC, India, Spain, the Philippines, Japan, Australia, France, and other countries. It generates a majority of its revenue from the United Kingdom.
45GF Score

Get the complete analysis for HKSE:01134

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

HK$0.24
Price
HK$0.44
GF Value