HarmonicFRA:HMC +0.40%74 OCF Margin % is 26.04% as of Mar. 2026, which is 381% above its 10-year median of 5.41. GuruFocus rates FRA:HMC with a GF Score™ of 74/100 and a GF Value™ of €8.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,469 Hardware companies, Harmonic ranks better than 81.53% on this metric.
The historical rank and industry rank for Harmonic's OCF Margin % or its related term are showing as below:
FRA:HMC'
s OCF Margin % Range Over the Past 10 Years
Min: 0.11 Med: 5.41 Max: 29.95
Current: 15.95
During the past 13 years, the highest OCF Margin % of Harmonic was 29.95%. The lowest was 0.11%. And the median was 5.41%.
FRA:HMC's OCF Margin % is ranked better than 81.53% of 2469
companies
in the Hardware industry
Industry Median: 5.28
vs FRA:HMC: 15.95
Harmonic OCF Margin % Related Terms
Harmonic OCF Margin % Historical Data
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The historical data trend for Harmonic'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.
FRA:HMC vs ADTN, GILT, DGII: OCF Margin % Comparison
For the Communication Equipment subindustry, Harmonic'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.
Harmonic OCF Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Harmonic's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Harmonic'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.
Harmonic (FRA:HMC) has a OCF Margin % of 26.04% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Harmonic and its competitors. This is 381% above median its historical median of 5.41. Over the past decade, Harmonic's OCF Margin % has ranged from 0.11 to 29.95. According to the industry distribution chart, Harmonic ranks #456 out of 2469 companies in the Hardware industry, placing it in the top 18.5%.
Is Harmonic's OCF Margin % too high?
Harmonic's current OCF Margin % of 26.04% is 381% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 29.95. The Hardware industry median OCF Margin % is 5.28. Harmonic's value of 26.04% is 393.2% above this industry median. Based on the distribution chart, Harmonic ranks #456 out of 2469 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Harmonic has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmonic's OCF Margin % compare to ADTN and GILT?
According to the Hardware industry distribution chart, Harmonic ranks #456 out of 2469 companies for OCF Margin %. This places Harmonic in the top 19% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.28. Harmonic's value of 26.04% is 393.2% above this benchmark. Historically, Harmonic's own OCF Margin % has ranged from 0.11 to 29.95 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 5.28, Harmonic 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 Hardware company?
The median OCF Margin % among Hardware companies is 5.28, based on 2,469 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. Harmonic's current OCF Margin % of 26.04% is 393.2% 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 Harmonic and its competitors. For the Hardware industry, the median OCF Margin % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmonic's current OCF Margin % is 26.04%, which is 381% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmonic stock overvalued right now?
Based on GuruFocus' analysis, Harmonic (FRA:HMC) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.75, compared to a current price of €12.70 — trading 45.1% above its estimated fair value. The current OCF Margin % is 26.04%, which is 381% above median its 10-year median of 5.41 and 393.2% above the Hardware industry median of 5.28. Harmonic's overall GF Score™ is 74/100 with 8 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 Harmonic (FRA:HMC), the current OCF Margin % is 26.04% 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 Harmonic (FRA:HMC) Overvalued in 2026?
Based on GuruFocus' analysis, Harmonic stock appears to be overvalued.
The current stock price of €12.70 is trading 45.1% above its estimated GF Value™ of €8.75.
GuruFocus considers Harmonic to be Significantly Overvalued.
Key valuation signals for FRA:HMC:
OCF Margin %: 26.04% (381% above median its 10-year median of 5.41)
GF Value™: €8.75 vs. price of €12.70 (45.1% above fair value)
Industry Position: 393.2% above the Hardware median (#456 of 2469)
No single metric tells the full story. See the FRA:HMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.
74GF Score
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