iOCO (JSE:IOC) FCF Margin %: 1.81% (As of Jan. 2026)


JSE:IOC iOCO Ltd JSE:IOC
48 GF Score
Price R3.98
GF Value R2.07
Valuation Significantly Overvalued
! 2 Warning Signs
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What is iOCO FCF Margin %?

iOCO JSE:IOC -0.50% 48 FCF Margin % is 1.81% as of Jan. 2026. GuruFocus rates JSE:IOC with a GF Score™ of 48/100 and a GF Value™ of R2.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,815 Software companies, iOCO ranks better than 54.14% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. iOCO's Free Cash Flow for the six months ended in Jan. 2026 was R51 Mil. iOCO's Revenue for the six months ended in Jan. 2026 was R2,829 Mil. Therefore, iOCO's FCF Margin % for the quarter that ended in Jan. 2026 was 1.81%.

As of today, iOCO's current FCF Yield % is 9.16%.

The historical rank and industry rank for iOCO's FCF Margin % or its related term are showing as below:

JSE:IOC' s FCF Margin % Range Over the Past 10 Years
Min: -4.8   Med: -0.31   Max: 6.61
Current: 3.97


During the past 13 years, the highest FCF Margin % of iOCO was 6.61%. The lowest was -4.80%. And the median was -0.31%.

JSE:IOC's FCF Margin % is ranked better than
54.14% of 2815 companies
in the Software industry
Industry Median: 2.41 vs JSE:IOC: 3.97


iOCO FCF Margin % Related Terms


iOCO FCF Margin % Historical Data

* Premium members only.

The historical data trend for iOCO's FCF 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.

iOCO FCF Margin % Chart

iOCO Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.77 0.41 -2.93 -1.44 6.61

iOCO Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
FCF 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 2.18 -5.39 7.11 6.12 1.81

JSE:IOC vs IBM, ACN, FISV: FCF Margin % Comparison

For the Information Technology Services subindustry, iOCO's FCF Margin %, along with its competitors' market caps and FCF 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.


iOCO FCF Margin % vs Software Industry

For the Software industry and Technology sector, iOCO's FCF Margin % distribution charts can be found below:

* The bar in red indicates where iOCO's FCF Margin % falls into.


JSE:IOC
48GF Score
iOCO Ltd JSE:IOC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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iOCO FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

iOCO's FCF Margin for the fiscal year that ended in Jul. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=368.83/5583.22
=6.61 %

iOCO's FCF Margin for the quarter that ended in Jan. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=51.089/2829.349
=1.81 %

* 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 FCF Margin % →
What does a FCF Margin % of 1.81% mean?
iOCO (JSE:IOC) has a FCF Margin % of 1.81% as of Jan. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on iOCO and its competitors. According to the industry distribution chart, iOCO ranks #1291 out of 2815 companies in the Software industry, placing it in the top 45.9%.
Is iOCO's FCF Margin % too high?
iOCO's current FCF Margin % is 1.81%. The Software industry median FCF Margin % is 2.41. iOCO's value of 1.81% is 24.9% below this industry median. Based on the distribution chart, iOCO ranks #1291 out of 2815 companies in the Software industry, which is above the industry midpoint. Overall, iOCO has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iOCO's FCF Margin % compare to IBM and ACN?
According to the Software industry distribution chart, iOCO ranks #1291 out of 2815 companies for FCF Margin %. This puts iOCO in the upper half of its industry. The industry median FCF Margin % is 2.41. iOCO's value of 1.81% is 24.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iOCO's current FCF Margin % of 1.81% is 24.9% below 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on iOCO and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iOCO's current FCF Margin % is 1.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iOCO stock overvalued right now?
Based on GuruFocus' analysis, iOCO (JSE:IOC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.07, compared to a current price of R3.98 — trading 92.3% above its estimated fair value. The current FCF Margin % is 1.81% and 24.9% below the Software industry median of 2.41. iOCO's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For iOCO (JSE:IOC), the current FCF Margin % is 1.81% as of Jan. 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 iOCO (JSE:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, iOCO stock appears to be overvalued. The current stock price of R3.98 is trading 92.3% above its estimated GF Value™ of R2.07. GuruFocus considers iOCO to be Significantly Overvalued.

Key valuation signals for JSE:IOC:

  • FCF Margin %: 1.81%
  • GF Value™: R2.07 vs. price of R3.98 (92.3% above fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 24.9% below the Software median (#1291 of 2815)

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


iOCO Business Description

Address 2 Augrabies Road, Waterfall Office Par, Midrand, GT, ZAF, 1685
iOCO Ltd, FormerlyEOH Holdings Ltd is a South Africa-based firm offering IT services, software, IT infrastructure, industrial technologies, and outsourcing services. The company operates through three segments. iOCO segment consists of Digital, infrastructure, connected industrial ecosystem, digital business solutions, EasyHQ, international, and NEXTEC services. The majority of revenue is from Intelligent Technology Solutions.
48GF Score

Get the complete analysis for JSE:IOC

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

R3.98
Price
R2.07
GF Value