Kogeneracja (FRA:2ZO) OCF Margin %: 31.51% (As of Mar. 2026) — 46% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:2ZO Kogeneracja SA FRA:2ZO
80 GF Score
Price €16.06
GF Value €12.79
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kogeneracja OCF Margin %?

Kogeneracja FRA:2ZO -0.74% 80 OCF Margin % is 31.51% as of Mar. 2026, which is 46% above its 10-year median of 21.64. GuruFocus rates FRA:2ZO with a GF Score™ of 80/100 and a GF Value™ of €12.79 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Kogeneracja ranks better than 75.75% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Kogeneracja's Cash Flow from Operations for the three months ended in Mar. 2026 was €77.2 Mil. Kogeneracja's Revenue for the three months ended in Mar. 2026 was €244.9 Mil. Therefore, Kogeneracja's OCF Margin % for the quarter that ended in Mar. 2026 was 31.51%.

As of today, Kogeneracja's current OCF Yield % is 88.29%.

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

FRA:2ZO' s OCF Margin % Range Over the Past 10 Years
Min: 13.05   Med: 21.64   Max: 41.63
Current: 33.4


During the past 13 years, the highest OCF Margin % of Kogeneracja was 41.63%. The lowest was 13.05%. And the median was 21.64%.

FRA:2ZO's OCF Margin % is ranked better than
75.75% of 499 companies
in the Utilities - Regulated industry
Industry Median: 19.39 vs FRA:2ZO: 33.40


Kogeneracja OCF Margin % Related Terms


Kogeneracja OCF Margin % Historical Data

* Premium members only.

The historical data trend for Kogeneracja'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.

Kogeneracja OCF Margin % Chart

Kogeneracja 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 19.54 23.48 19.34 33.27 30.34

Kogeneracja Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.69 59.46 -16.94 45.61 31.51

FRA:2ZO vs NEE, SO, DUK: OCF Margin % Comparison

For the Utilities - Regulated Electric subindustry, Kogeneracja'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.


Kogeneracja OCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kogeneracja's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Kogeneracja's OCF Margin % falls into.


FRA:2ZO
80GF Score
Kogeneracja SA FRA:2ZO
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kogeneracja OCF Margin % Calculation

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

Kogeneracja'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 )
=183.992/606.531
=30.34 %

Kogeneracja's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=77.187/244.94
=31.51 %

* 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 31.51% mean?
Kogeneracja (FRA:2ZO) has a OCF Margin % of 31.51% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Kogeneracja and its competitors. This is 46% above median its historical median of 21.64. Over the past decade, Kogeneracja's OCF Margin % has ranged from 13.05 to 41.63. According to the industry distribution chart, Kogeneracja ranks #121 out of 499 companies in the Utilities - Regulated industry, placing it in the top 24.2%.
Is Kogeneracja's OCF Margin % too high?
Kogeneracja's current OCF Margin % of 31.51% is 46% above median its 10-year median of 21.64. Over the past 10 years, this metric has ranged from a low of 13.05 to a high of 41.63. The Utilities - Regulated industry median OCF Margin % is 19.39. Kogeneracja's value of 31.51% is 62.5% above this industry median. Based on the distribution chart, Kogeneracja ranks #121 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Kogeneracja has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kogeneracja's OCF Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Kogeneracja ranks #121 out of 499 companies for OCF Margin %. This places Kogeneracja in the top 24% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 19.39. Kogeneracja's value of 31.51% is 62.5% above this benchmark. Historically, Kogeneracja's own OCF Margin % has ranged from 13.05 to 41.63 over the past decade. While the company's 10-year median is 21.64 vs. the industry median of 19.39, Kogeneracja 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 an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 19.39, based on 499 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. Kogeneracja's current OCF Margin % of 31.51% is 62.5% 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 Kogeneracja and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kogeneracja's current OCF Margin % is 31.51%, which is 46% above median its own 10-year median of 21.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kogeneracja stock overvalued right now?
Based on GuruFocus' analysis, Kogeneracja (FRA:2ZO) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.79, compared to a current price of €16.06 — trading 25.6% above its estimated fair value. The current OCF Margin % is 31.51%, which is 46% above median its 10-year median of 21.64 and 62.5% above the Utilities - Regulated industry median of 19.39. Kogeneracja's overall GF Score™ is 80/100 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 Kogeneracja (FRA:2ZO), the current OCF Margin % is 31.51% 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 Kogeneracja (FRA:2ZO) Overvalued in 2026?

Based on GuruFocus' analysis, Kogeneracja stock appears to be overvalued. The current stock price of €16.06 is trading 25.6% above its estimated GF Value™ of €12.79. GuruFocus considers Kogeneracja to be Modestly Overvalued.

Key valuation signals for FRA:2ZO:

  • OCF Margin %: 31.51% (46% above median its 10-year median of 21.64)
  • GF Value™: €12.79 vs. price of €16.06 (25.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 62.5% above the Utilities - Regulated median (#121 of 499)

No single metric tells the full story. See the FRA:2ZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kogeneracja Business Description

Other Exchanges KGN:Poland
Address ul. Lowiecka 24, Wroclaw, POL, 50-220
Kogeneracja SA through its subsidiaries is engaged in the production of electricity and heating. The products and services of the company include District heating, New-generation network heat, Electricity, and Energy Services. Its production plants include Elektrocieplownia Wroclaw, Elektrocieplownia Czechnica and Elektrocieplownia Zawidawie.
80GF Score

Get the complete analysis for FRA:2ZO

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

€16.06
Price
€12.79
GF Value