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Norcod ASOSL:NCOD +1.46%54 FCF Margin % is -238.69% as of Mar. 2026. GuruFocus rates OSL:NCOD with a GF Score™ of 54/100 and a GF Value™ of kr6.54 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,955 Consumer Packaged Goods companies, Norcod AS ranks worse than 96.73% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Norcod AS's Free Cash Flow for the
three
months ended in Mar. 2026 was kr-73.5 Mil. Norcod AS's Revenue for the
three
months ended in Mar. 2026 was kr30.8 Mil. Therefore, Norcod AS's FCF Margin % for the quarter that ended in Mar. 2026 was -238.69%.
The historical rank and industry rank for Norcod AS's FCF Margin % or its related term are showing as below:
OSL:NCOD'
s FCF Margin % Range Over the Past 10 Years
Min: -2675.18 Med: -140 Max: -50.72
Current: -104.06
During the past 8 years, the highest FCF Margin % of Norcod AS was -50.72%. The lowest was -2675.18%. And the median was -140.00%.
OSL:NCOD's FCF Margin % is ranked worse than 96.73% of 1955
companies
in the Consumer Packaged Goods industry
Industry Median: 2.15
vs OSL:NCOD: -104.06
Norcod AS FCF Margin % Related Terms
Norcod AS FCF Margin % Historical Data
* Premium members only.
The historical data trend for Norcod AS'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.
For the Farm Products subindustry, Norcod AS'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.
Norcod AS FCF Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Norcod AS's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Norcod AS's FCF 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.
Norcod AS (OSL:NCOD) has a FCF Margin % of -238.69% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Norcod AS and its competitors. According to the industry distribution chart, Norcod AS ranks #1891 out of 1955 companies in the Consumer Packaged Goods industry, placing it in the top 96.7%.
Is Norcod AS's FCF Margin % too high?
Norcod AS's current FCF Margin % is -238.69%. Based on the distribution chart, Norcod AS ranks #1891 out of 1955 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Norcod AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norcod AS's FCF Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Norcod AS ranks #1891 out of 1955 companies for FCF Margin %. This places Norcod AS in the lower half of its industry. The industry median FCF Margin % is 2.15. 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 Consumer Packaged Goods company?
The median FCF Margin % among Consumer Packaged Goods companies is 2.15, based on 1,955 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. 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 Norcod AS and its competitors. For the Consumer Packaged Goods industry, the median FCF Margin % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norcod AS's current FCF Margin % is -238.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norcod AS stock overvalued right now?
Based on GuruFocus' analysis, Norcod AS (OSL:NCOD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr6.54, compared to a current price of kr10.45 — trading 59.8% above its estimated fair value. The current FCF Margin % is -238.69%. Norcod AS's overall GF Score™ is 54/100 with 7 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 Norcod AS (OSL:NCOD), the current FCF Margin % is -238.69% 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 Norcod AS (OSL:NCOD) Overvalued in 2026?
Based on GuruFocus' analysis, Norcod AS stock appears to be overvalued.
The current stock price of kr10.45 is trading 59.8% above its estimated GF Value™ of kr6.54.
GuruFocus considers Norcod AS to be Significantly Overvalued.
Key valuation signals for OSL:NCOD:
FCF Margin %: -238.69%
GF Value™: kr6.54 vs. price of kr10.45 (59.8% above fair value)
No single metric tells the full story. See the OSL:NCOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norcod AS is engaged in the business of commercial farming and selling Atlantic cod in marine facilities. The company serves customers world-wide. Its production is based in its natural cold-water habitat along the coast of Central and Northern Norway. The company's operating revenue is derived mainly from the sale of cod. The company has two operating segments: Farming, Includes activities related to fish farming operations from juvenile to harvest-ready biomass and sale of cod and liver in Norway and for export through the sales agent Sirena Group; and Harvesting, Includes harvesting activities, where farming generates maximum revenue.
54GF Score
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