Union Steel Holdings (SGX:ZB9) OCF Margin %: 13.88% (As of Dec. 2025) — Near Median


SGX:ZB9 Union Steel Holdings Ltd SGX:ZB9
52 GF Score
Price S$0.49
GF Value S$0.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Union Steel Holdings OCF Margin %?

Union Steel Holdings SGX:ZB9 52 OCF Margin % is 13.88% as of Dec. 2025, which is 1% above its 10-year median of 13.70. GuruFocus rates SGX:ZB9 with a GF Score™ of 52/100 and a GF Value™ of S$0.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 238 Waste Management companies, Union Steel Holdings ranks better than 64.29% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Union Steel Holdings's Cash Flow from Operations for the six months ended in Dec. 2025 was S$7.8 Mil. Union Steel Holdings's Revenue for the six months ended in Dec. 2025 was S$56.2 Mil. Therefore, Union Steel Holdings's OCF Margin % for the quarter that ended in Dec. 2025 was 13.88%.

As of today, Union Steel Holdings's current OCF Yield % is 30.63%.

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

SGX:ZB9' s OCF Margin % Range Over the Past 10 Years
Min: 0.22   Med: 13.7   Max: 25.42
Current: 17.09


During the past 13 years, the highest OCF Margin % of Union Steel Holdings was 25.42%. The lowest was 0.22%. And the median was 13.70%.

SGX:ZB9's OCF Margin % is ranked better than
64.29% of 238 companies
in the Waste Management industry
Industry Median: 12.235 vs SGX:ZB9: 17.09


Union Steel Holdings OCF Margin % Related Terms


Union Steel Holdings OCF Margin % Historical Data

* Premium members only.

The historical data trend for Union Steel 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.

Union Steel Holdings OCF Margin % Chart

Union Steel Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.76 14.12 14.09 12.38 25.42

Union Steel Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only -1.65 24.61 29.10 20.88 13.88

SGX:ZB9 vs WM, RSG, WCN: OCF Margin % Comparison

For the Waste Management subindustry, Union Steel 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.


Union Steel Holdings OCF Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Union Steel Holdings's OCF Margin % distribution charts can be found below:

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


SGX:ZB9
52GF Score
Union Steel Holdings Ltd SGX:ZB9
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Steel Holdings OCF Margin % Calculation

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

Union Steel Holdings's OCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=26.981/106.143
=25.42 %

Union Steel 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 )
=7.801/56.218
=13.88 %

* 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 13.88% mean?
Union Steel Holdings (SGX:ZB9) has a OCF Margin % of 13.88% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Union Steel Holdings and its competitors. This is near median its historical median of 13.70. Over the past decade, Union Steel Holdings' OCF Margin % has ranged from 0.22 to 25.42. According to the industry distribution chart, Union Steel Holdings ranks #85 out of 238 companies in the Waste Management industry, placing it in the top 35.7%.
Is Union Steel Holdings' OCF Margin % too high?
Union Steel Holdings' current OCF Margin % of 13.88% is near median its 10-year median of 13.70. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 25.42. The Waste Management industry median OCF Margin % is 12.24. Union Steel Holdings' value of 13.88% is 13.4% above this industry median. Based on the distribution chart, Union Steel Holdings ranks #85 out of 238 companies in the Waste Management industry, which is above the industry midpoint. Overall, Union Steel Holdings has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Steel Holdings' OCF Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Union Steel Holdings ranks #85 out of 238 companies for OCF Margin %. This puts Union Steel Holdings in the upper half of its industry. The industry median OCF Margin % is 12.24. Union Steel Holdings' value of 13.88% is 13.4% above this benchmark. Historically, Union Steel Holdings' own OCF Margin % has ranged from 0.22 to 25.42 over the past decade. While the company's 10-year median is 13.70 vs. the industry median of 12.24, Union Steel 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 Waste Management company?
The median OCF Margin % among Waste Management companies is 12.24, based on 238 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. Union Steel Holdings's current OCF Margin % of 13.88% is 13.4% 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 Union Steel Holdings and its competitors. For the Waste Management industry, the median OCF Margin % is 12.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Steel Holdings's current OCF Margin % is 13.88%, which is near median its own 10-year median of 13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Steel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Union Steel Holdings (SGX:ZB9) is currently considered Fairly Valued. The stock's GF Value™ is S$0.50, compared to a current price of S$0.49 — trading 2% below its estimated fair value. The current OCF Margin % is 13.88%, which is near median its 10-year median of 13.70 and 13.4% above the Waste Management industry median of 12.24. Union Steel Holdings' overall GF Score™ is 52/100 with 5 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 Union Steel Holdings (SGX:ZB9), the current OCF Margin % is 13.88% 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 Union Steel Holdings (SGX:ZB9) Overvalued in 2026?

Based on GuruFocus' analysis, Union Steel Holdings stock appears to be undervalued. The current stock price of S$0.49 is trading 2% below its estimated GF Value™ of S$0.50. GuruFocus considers Union Steel Holdings to be Fairly Valued.

Key valuation signals for SGX:ZB9:

  • OCF Margin %: 13.88% (near median its 10-year median of 13.70)
  • GF Value™: S$0.50 vs. price of S$0.49 (2% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 13.4% above the Waste Management median (#85 of 238)

No single metric tells the full story. See the SGX:ZB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Steel Holdings Business Description

Address 33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals, which include import and export of scrap metals, waste collection services, trading, and leasing of metal products.; Scaffolding that provides scaffolding services and related consultancy services; Engineering, including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; and Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore, followed by India, Thailand, Malaysia, Indonesia, Pakistan, China, Bangladesh, and Other Countries.
52GF Score

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

S$0.49
Price
S$0.50
GF Value