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.
Major HoldingsHKSE:01389 -1.96%36 OCF Margin % is 16.69% as of Mar. 2026, which is 595% above its 10-year median of 2.40. GuruFocus rates HKSE:01389 with a GF Score™ of 36/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 207 Beverages - Alcoholic companies, Major Holdings ranks worse than 85.51% on this metric.
The historical rank and industry rank for Major Holdings's OCF Margin % or its related term are showing as below:
HKSE:01389'
s OCF Margin % Range Over the Past 10 Years
Min: -21.32 Med: 2.4 Max: 27.1
Current: -10.1
During the past 13 years, the highest OCF Margin % of Major Holdings was 27.10%. The lowest was -21.32%. And the median was 2.40%.
HKSE:01389's OCF Margin % is ranked worse than 85.51% of 207
companies
in the Beverages - Alcoholic industry
Industry Median: 9.57
vs HKSE:01389: -10.10
The historical data trend for Major 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.
For the Beverages - Wineries & Distilleries subindustry, Major 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.
Major Holdings OCF Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Major Holdings's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Major Holdings's OCF Margin % 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.
Major Holdings (HKSE:01389) has a OCF Margin % of 16.69% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Major Holdings and its competitors. This is 595% above median its historical median of 2.40. According to the industry distribution chart, Major Holdings ranks #177 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 85.5%.
Is Major Holdings' OCF Margin % too high?
Major Holdings' current OCF Margin % of 16.69% is 595% above median its 10-year median of 2.40. The Beverages - Alcoholic industry median OCF Margin % is 9.57. Major Holdings' value of 16.69% is 74.4% above this industry median. Based on the distribution chart, Major Holdings ranks #177 out of 207 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Major Holdings has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Holdings' OCF Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Major Holdings ranks #177 out of 207 companies for OCF Margin %. This places Major Holdings in the lower half of its industry. The industry median OCF Margin % is 9.57. Major Holdings' value of 16.69% is 74.4% above this benchmark. While the company's 10-year median is 2.40 vs. the industry median of 9.57, Major 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 Beverages - Alcoholic company?
The median OCF Margin % among Beverages - Alcoholic companies is 9.57, based on 207 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. Major Holdings's current OCF Margin % of 16.69% is 74.4% 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 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 Major Holdings and its competitors. For the Beverages - Alcoholic industry, the median OCF Margin % is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Holdings's current OCF Margin % is 16.69%, which is 595% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Holdings stock overvalued right now?
Based on GuruFocus' analysis, Major Holdings (HKSE:01389) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.50 — trading 233.3% above its estimated fair value. The current OCF Margin % is 16.69%, which is 595% above median its 10-year median of 2.40 and 74.4% above the Beverages - Alcoholic industry median of 9.57. Major Holdings' overall GF Score™ is 36/100 with 3 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 Major Holdings (HKSE:01389), the current OCF Margin % is 16.69% 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 Major Holdings (HKSE:01389) Overvalued in 2026?
Based on GuruFocus' analysis, Major Holdings stock appears to be overvalued.
The current stock price of HK$0.50 is trading 233.3% above its estimated GF Value™ of HK$0.15.
GuruFocus considers Major Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01389:
OCF Margin %: 16.69% (595% above median its 10-year median of 2.40)
GF Value™: HK$0.15 vs. price of HK$0.50 (233.3% above fair value)
Industry Position: 74.4% above the Beverages - Alcoholic median (#177 of 207)
No single metric tells the full story. See the HKSE:01389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Holdings Ltd is an investment holding company. The company is principally engaged in the distribution of wine and spirit products and wine accessory products in Hong Kong. The products of the company include Red wine, White wine, Sparkling wine, Spirits, Sake, Wine accessory products, and other products. The group offers products through its retail showrooms, a network of distributors, retail organizations, five-star hotels, and private clubs. The majority of the revenue of the company is derived from Hong Kong.
36GF Score
Get the complete analysis for HKSE:01389
OCF Margin % 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:01389 has been successfully added to your 
