Activation Group Holdings (HKSE:09919) OCF Margin %: 7.36% (As of Dec. 2025) — 16% Below Median

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HKSE:09919 Activation Group Holdings Ltd HKSE:09919
81 GF Score
Price HK$0.76
GF Value HK$1.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is Activation Group Holdings OCF Margin %?

Activation Group Holdings HKSE:09919 -1.95% 81 OCF Margin % is 7.36% as of Dec. 2025, which is 16% below its 10-year median of 8.81. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,006 Media - Diversified companies, Activation Group Holdings ranks worse than 68.99% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Activation Group Holdings's Cash Flow from Operations for the six months ended in Dec. 2025 was HK$32.2 Mil. Activation Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$437.2 Mil. Therefore, Activation Group Holdings's OCF Margin % for the quarter that ended in Dec. 2025 was 7.36%.

As of today, Activation Group Holdings's current OCF Yield % is -1.27%.

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

HKSE:09919' s OCF Margin % Range Over the Past 10 Years
Min: -6.35   Med: 8.81   Max: 20.01
Current: -0.92


During the past 10 years, the highest OCF Margin % of Activation Group Holdings was 20.01%. The lowest was -6.35%. And the median was 8.81%.

HKSE:09919's OCF Margin % is ranked worse than
68.99% of 1006 companies
in the Media - Diversified industry
Industry Median: 5.79 vs HKSE:09919: -0.92


Activation Group Holdings OCF Margin % Related Terms


Activation Group Holdings OCF Margin % Historical Data

* Premium members only.

The historical data trend for Activation Group 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.

Activation Group Holdings OCF Margin % Chart

Activation Group 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 19.40 8.78 11.90 20.01 -0.97

Activation Group 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 9.38 19.10 20.55 -11.54 7.36

HKSE:09919 vs APP, OMC, TTD: OCF Margin % Comparison

For the Advertising Agencies subindustry, Activation Group 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.


Activation Group Holdings OCF Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Activation Group Holdings's OCF Margin % distribution charts can be found below:

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


HKSE:09919
81GF Score
Activation Group Holdings Ltd HKSE:09919
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Activation Group Holdings OCF Margin % Calculation

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

Activation Group 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 )
=-7.56/781.477
=-0.97 %

Activation Group 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 )
=32.189/437.181
=7.36 %

* 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 7.36% mean?
Activation Group Holdings (HKSE:09919) has a OCF Margin % of 7.36% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Activation Group Holdings and its competitors. This is 16% below median its historical median of 8.81. According to the industry distribution chart, Activation Group Holdings ranks #694 out of 1006 companies in the Media - Diversified industry, placing it in the top 69%.
Is Activation Group Holdings' OCF Margin % too high?
Activation Group Holdings' current OCF Margin % of 7.36% is 16% below median its 10-year median of 8.81. The Media - Diversified industry median OCF Margin % is 5.79. Activation Group Holdings' value of 7.36% is 27.1% above this industry median. Based on the distribution chart, Activation Group Holdings ranks #694 out of 1006 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' OCF Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Activation Group Holdings ranks #694 out of 1006 companies for OCF Margin %. This places Activation Group Holdings in the lower half of its industry. The industry median OCF Margin % is 5.79. Activation Group Holdings' value of 7.36% is 27.1% above this benchmark. While the company's 10-year median is 8.81 vs. the industry median of 5.79, Activation Group 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 Media - Diversified company?
The median OCF Margin % among Media - Diversified companies is 5.79, based on 1,006 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. Activation Group Holdings's current OCF Margin % of 7.36% is 27.1% 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 Activation Group Holdings and its competitors. For the Media - Diversified industry, the median OCF Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Activation Group Holdings's current OCF Margin % is 7.36%, which is 16% below median its own 10-year median of 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.76 — trading 40.1% below its estimated fair value. The current OCF Margin % is 7.36%, which is 16% below median its 10-year median of 8.81 and 27.1% above the Media - Diversified industry median of 5.79. Activation Group Holdings' overall GF Score™ is 81/100 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 Activation Group Holdings (HKSE:09919), the current OCF Margin % is 7.36% 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 Activation Group Holdings (HKSE:09919) Overvalued in 2026?

Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued. The current stock price of HK$0.76 is trading 40.1% below its estimated GF Value™ of HK$1.26. GuruFocus considers Activation Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09919:

  • OCF Margin %: 7.36% (16% below median its 10-year median of 8.81)
  • GF Value™: HK$1.26 vs. price of HK$0.76 (40.1% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 27.1% above the Media - Diversified median (#694 of 1006)

No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Activation Group Holdings Business Description

Address No. 399A Liu Zhou Road, 8th Floor, Hengdi Cang International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score

Get the complete analysis for HKSE:09919

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

HK$0.76
Price
HK$1.26
GF Value