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.
National Vision HoldingsEYE +4.25%74 OCF Margin % is 11.35% as of Mar. 2026, which is 46% above its 10-year median of 7.76. GuruFocus rates EYE with a GF Score™ of 74/100 and a GF Value™ of $23.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,124 Retail - Cyclical companies, National Vision Holdings ranks better than 62.19% on this metric.
* 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 Specialty Retail subindustry, National Vision 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.
National Vision Holdings OCF Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, National Vision Holdings's OCF Margin % distribution charts can be found below:
* The bar in red indicates where National Vision 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.
National Vision Holdings (EYE) has a OCF Margin % of 11.35% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on National Vision Holdings and its competitors. This is 46% above median its historical median of 7.76. Over the past decade, National Vision Holdings' OCF Margin % has ranged from 6.56 to 13.73. According to the industry distribution chart, National Vision Holdings ranks #425 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 37.8%.
Is National Vision Holdings' OCF Margin % too high?
National Vision Holdings' current OCF Margin % of 11.35% is 46% above median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 13.73. The Retail - Cyclical industry median OCF Margin % is 5.52. National Vision Holdings' value of 11.35% is 105.8% above this industry median. Based on the distribution chart, National Vision Holdings ranks #425 out of 1124 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, National Vision Holdings has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Vision Holdings' OCF Margin % compare to WINA and SVV?
According to the Retail - Cyclical industry distribution chart, National Vision Holdings ranks #425 out of 1124 companies for OCF Margin %. This puts National Vision Holdings in the upper half of its industry. The industry median OCF Margin % is 5.52. National Vision Holdings' value of 11.35% is 105.8% above this benchmark. Historically, National Vision Holdings' own OCF Margin % has ranged from 6.56 to 13.73 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 5.52, National Vision 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 Retail - Cyclical company?
The median OCF Margin % among Retail - Cyclical companies is 5.52, based on 1,124 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. National Vision Holdings's current OCF Margin % of 11.35% is 105.8% 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 National Vision Holdings and its competitors. For the Retail - Cyclical industry, the median OCF Margin % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Vision Holdings's current OCF Margin % is 11.35%, which is 46% above median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Vision Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Vision Holdings (EYE) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.96, compared to a current price of $20.11 — trading 16.1% below its estimated fair value. The current OCF Margin % is 11.35%, which is 46% above median its 10-year median of 7.76 and 105.8% above the Retail - Cyclical industry median of 5.52. National Vision Holdings' overall GF Score™ is 74/100 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 National Vision Holdings (EYE), the current OCF Margin % is 11.35% 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 National Vision Holdings (EYE) Overvalued in 2026?
Based on GuruFocus' analysis, National Vision Holdings stock appears to be undervalued.
The current stock price of $20.11 is trading 16.1% below its estimated GF Value™ of $23.96.
GuruFocus considers National Vision Holdings to be Modestly Undervalued.
Key valuation signals for EYE:
OCF Margin %: 11.35% (46% above median its 10-year median of 7.76)
GF Value™: $23.96 vs. price of $20.11 (16.1% below fair value)
Industry Position: 105.8% above the Retail - Cyclical median (#425 of 1124)
No single metric tells the full story. See the EYE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Vision Holdings Inc. is an optical retailer in the United States. Its product portfolio includes eyeglasses, sunglasses, contact lenses, accessories, and other related products. The company operates through a single operating segment. The Owned and Host segment includes the company-owned brands America's Best and Eyeglass World. In America's Best stores, vision care services are provided by optometrists or by independent professional corporations. The Host segment consists of Military and Fred Meyer locations, where eye exams are provided by independent optometrists.
74GF Score
Get the complete analysis for EYE
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
EYE has been successfully added to your 
